Norwegian oil company Aker BP has restored production at Alvheim field, causing an oil spill during the process of starting up the production vessel located in the central North Sea. The downtime resulted from a malfunction in new equipment…
Offshore seismic data firm TGS has been awarded an Ocean Bottom Node (OBN) data acquisition contract in the Gulf of Mexico.The project's acquisition will start in the first quarter of 2024.The contract will cover two-month proprietary OBN data acquisition work…
Malaysian oil company Petronas has signed production sharing contracts for Suriname’s offshore Blocks 64 and 64 with the country’s state-owned Staatsolie Maatschappij Suriname.Petronas Suriname E&P won the blocks, located in the Guyana-Suriname Basin…
Aker Solutions on Friday announced it has been awarded a contract for the dismantling and recycling of a platform topside and jacket in the North Sea area.The Norway-based company did not specify the name of the platform, but said the project consists of a topside with a weight of 19…
Odfjell Technology on Friday said it has been awarded a two-year contract extension from Serica Energy for the provision of storage, preservation, maintenance and platform drilling services on the Bruce platform in the UK North Sea.This extension will see the contract through until November 2025…
QatarEnergy signed two production sharing contracts on Friday relating to two marine areas off the coast of Suriname, rights to which it won during an auction held last June, the company said in a statement.'QatarEnergy will own a 30% working interest in block 64…
Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green…
Offshore drilling contractor Odfjell Drilling announced it has signed an amendment with Aker BP ASA which extends the firm contract for the Deepsea Nordkapp until the end of 2026.The Deepsea Nordkapp—a sixth generation dynamically positioned…
Supermajor Shell reports it now has 100% working interest in the Kaikias field in the U.S. Gulf of Mexico after acquiring a 20% stake from Mitsui's MOEX North America.The field Kaikias, located in the prolific Mars-Ursa basin, approximately 130 miles from the Louisiana coast…
Spanish multinational energy company Repsol has been fined in the U.K. after its platforms in the North Sea were found to be emitting greenhouse gases into the atmosphere without permission.The North Sea Transition Authority (NSTA) said the £160…
DOF Group announced it has struck a deal to charter a Jones Act-compliant offshore support vessel (OSV) for work in the U.S. Gulf of Mexico.The Norwegian-based company said it is time chartering Bordelon Marine's ultra light intervention vessel…
Neptune Energy and its partners announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in the PL 929 license, close to the Gjøa field in the Norwegian sector of the North Sea. Neptune has completed the Ofelia appraisal well…
Norwegian subsea services firm Reach Subsea, together with its Brazilian partner OceanPact, received a notice of contract award from Equinor for combined light construction, IMR (inspection, maintenance, and repair) and survey services on the Peregrino field offshore Brazil…
HSM Offshore Energy announced it hosted a steel cutting ceremony in Schiedam, the Netherlands, to mark the start of construction on the offshore substation and the jacket for RWE's THOR Offshore High Voltage Station (OHVS) project. HSM, together…
Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…