Industry interest in floating offshore wind in the UK has seen rapid growth, but a race to the bottom in terms of cost, as well as port and manufacturing capacity, could mean targets are not met and challenge the long-term sustainability of the industry.These issues were raised at the sell-out Floating Offshore Wind 2022 conference and exhibition in Aberdeen today (October 12).The event came as co…
Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, including oilfield services majors Baker Hughes, Halliburton, SLB, and TechnipFMC…
Shell's and TotalEnergies' Graff and Venus deepwater discoveries off Namibia have put southern Africa under the exploration spotlight. With deepwater offering high productivity reserves, it's a spotlight that's likely to linger for a few years yet…
Energy technology company Baker Hughes announced it has opened a new 'supercenter' facility for oilfield services and equipment in Guyana. The facility, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America…
Africa-focused oil and gas company Chariot has informed that the Stena Don semi-submersible drilling rig has started its mobilization to Morocco.The drilling rig was recently used by the UK-focused oil company Tailwind to drill the Evelyn field development well…
Adepth Minerals, a Norwegian deep-sea mineral exploration firm, has received a NOK 11.7 million (about $1,3 million) grant from Innovation Norway, triggering investment in FlexiCore technology and enabling the collection of deep-sea mineral core samples in 2022…
Oil and gas firm Chariot has signed a binding letter of intent with oilfield services giant Halliburton for services on Chariot's planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.The agreement with Halliburton follows…
Oilfield services firm Halliburton has secured an integrated services contract to execute a three to five well drilling and completions campaign for the Mediterannean Sea-focused oil and gas firm Energean.The U.S.-based oilfield services giant…
Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…
The Coronavirus and a surge of available connectivity means take up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…
The Coronavirus and a surge of available connectivity means take-up of new E&P technologies is stronger than ever, writes Tore Morten Olsen, President, Maritime, Marlink.The oilfield of the future is a concept that was emerging before the Coronavirus…
The number of drilled oil and gas wells this year is expected to reach about 55,350 this year, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down…
Succeeding with marginal developments was a central topic to an entire afternoon session and yesterday’s Subsea Expo event in Aberdeen.Led by the Oil and Gas Authority (OGA), it was a session with some genuinely new ideas and open minds on show…
Dutch shipping company Vroon said that its subsea-support vessel VOS Sugar has spent the winter months on charter to VLCV B.V. a joint venture between Van Leeuwen and C-Ventus.Since October 2019, VOS Sugar has acted as a floating base for the execution of VLCV’s work scope…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…