President and chief executive officer (CEO) of offshore drilling contractor Valaris will step down from his position effective 2 September 2021.
A pair of floating production, storage, and offloading (FPSO) vessels now under construction for Petrobras, set to work on Buzios – the world’s largest deepwater oilfield, are to be built to ABS Class.
Oilfield services company Wood has been awarded a first-ever government-backed green transition loan by UK Export Finance to seize new clean growth export opportunities.
Norway’s oil production in July 2021 was on par with predictions made by the Norwegian Petroleum Directorate (NPD).
Billionaire John Fredriksen-owned offshore drilling firm Northern Drilling has cancelled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).
UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea.
A power and automation technology specialist ABB has been hired by Chevron and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field offshore Australia.
UK-based oil and gas firm Jersey Oil & Gas (JOG) has decided not to progress to the next license phase on two North Sea licenses since they are not part of the Greater Buchan Area project.
A floating production storage and offloading (FPSO) vessel ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 oilfield will be built to ABS Class.
The Norwegian Petroleum Directorate (NPD) has granted Swedish oil firm Lundin Energy a drilling permit for a well in the North Sea.
Oilfield services company Wood believes there will be continued growth in the carbon capture utilization and storage market worth $500 million in potential medium-term CCUS projects.
Dubai-based energy services company Kentech has completed the acquisition of Canada-based SNC-Lavalin’s oil and gas business.
The first LNG cargo has been loaded out from the Sakhalin-2 integrated gas system following a major turnaround campaign.
Odfjell Oceanwind has secured a pre-project grant from Enova, Norway’s fund for climate and energy technologies, to mature its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for the electrification of oil and gas installations. The grant is awarded under Enova’s full-
