The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy companies, Equinor and Aker BP, which have struck gas/condensate on the Norwegian Continental Shelf (NCS), underscoring the potential to find and develop additional reso
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign o
A consortium – consisting of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) – has won a new assignment for offshore platform decommissioning activities on the UK Continental Shelf (UKCS), representing its third contract from the same North Sea operator in the past year.
Brazilian state-owned energy giant Petrobras is advancing its push into West Africa’s offshore oil and gas frontier, entering negotiations for exploration contracts covering four blocks in Ghana’s Keta Basin as the Brazilian major seeks to replenish reserves and expand its international exploration
Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which
Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with rigs owned by two offshore drilling contractors, Noble Corporation and Odfjell Drilling.
TechnipFMC has delivered its first 7-in. Subsea 2.0 tree to Chevron in Australia, the first christmas tree (XT) delivered under the companies’ 20-year master service order. The XT #1 system represents the first-article build of TechnipFMC’s 7-in. Subsea 2.0 platform and was delivered for Chevron Aus
Switzerland-based offshore drilling contractor Transocean has won a new long-term assignment for a 2010-built ultra-deepwater drillship with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC).
Norway’s oil and gas player DNO is exiting Côte d’Ivoire by divesting its business in the West African country to Panoro Energy, raking in an estimated 24% annualized return on its investment while handing its Norwegian peer a gas-weighted production base that will boost output by about 23% and deep
Norwegian ocean services provider DeepOcean has completed subsea tie-in work using diverless technology for an oil and gas development tied back to an existing floating production, storage and offloading (FPSO) vessel in the UK sector of the North Sea.
Poland’s Orlen has secured up to a quarter of its crude needs through a new deal with Norway’s state-owned energy giant Equinor, which expands the duo’s strategic energy ties while ensuring the Polish player’s long-term access to Norwegian oil and strengthening European energy cooperation and securi
Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has secured an extension of a drilling job, which one of its units is carrying out off the coast of India for Oil India Limited (OIL), a
ExxonMobil has, on behalf of its partners, awarded $1.1 billion in pre-investment contracts for the engineering, procurement and manufacturing of subsea production systems, large-bore production valves and offshore line pipe for a liquefied natural gas (LNG) development in Mozambique. ExxonMobil Moç
Norwegian oil and gas company Aker BP is set to expand its footprint in the North Sea and Norwegian Sea by obtaining stakes in two hydrocarbon discoveries, betting on tie-back potential around existing infrastructure on and near the Norwegian Continental Shelf (NCS).
