Norwegian oil and gas company Equinor and Applied Petroleum Technology (APT) have partnered up in a research and development project that aims to replace expensive downhole sampling and logging with more cost-efficient solutions.Helge Nyrønning…
U-Ming Marine Offshore Company Limited (UMO) has acquired two secondhand crew transfer vessels (CTVs) and completed their reflagging.The company, a joint venture between U-Ming Marine Transport Corporation and World Marine Offshore A/S, said the vessels…
Australia's Woodside Petroleum reported a more than twofold jump in quarterly revenue on Tuesday, buoyed by rising oil and gas prices, and it expects to benefit in the longer term from energy security fears due to Russia's invasion of Ukraine…
Shell has decided to withdraw from the North Sea licenses containing the Resolution and Endeavour gas discoveries, Egdon, its partner in the licenses, said Tuesday.'Egdon Resources advises that Shell U.K. Limited has informed Egdon and the North…
Offshore drilling company Seadrill has secured contracts for two of its drilling rigs, the West Neptune and the Sevan Louisiana in the U.S. Gulf of Mexico. The contracts are worth $105 million in total.The West Neptune, a 6th generation ultra-deepwater drillship…
U.S. based offshore vessel owner Bordelon Marine LLC said it has renewed the charter agreement with Oceaneering International, Inc. for the MV Brandon Bordelon; 260’ DP2 Jones-Act-compliant ultra-light intervention vessel for an additional two-year firm term…
A six-legged robot has demonstrated how it can inspect wind turbine bolts autonomously, removing the need for technicians to loosen and retighten thousands of bolts per wind turbine as part of routine maintenance.Funded by Innovate UK and executed…
N-Sea Group has chartered Braveheart Marine's DP2 vessel Braveheart Spirit multi-purpose offshore vessel.The vessel formerly known as the DPSV Bourbon Gulf Star vessel, built in 2010, was acquired late last year by Braveheart Marine converted…
Spanish renewable energy company Iberdrola said Monday it has received approvals to start construction of the Baltic Eagle offshore wind farm in Germany.With a capacity of 476 MW, Baltic Eagle will be capable of supplying renewable energy to 475…
Harbour Energy has started production at the Tolmount gas field in the British North Sea, a source close to the company said on Monday.Harbour operates and holds a 50% stake in the field along with Dana Petroleum.The field, whose start-up was initially planned for the first quarter of the year…
Heerema Marine Contractors has won a contract to install foundations for EnBW's 900MW He Dreiht offshore wind farm in Germany.Under the contract, the Dutch offshore installation company will be responsible for the transportation and installation of 64 monopiles and transition pieces…
The Oslo Stock Exchange on Monday passed a resolution to delist the offshore drilling contractor Seadrill Limited.'The Oslo Stock Exchange considers that the shares of Seadrill Limited are no longer suitable for listing on the Oslo Stock Exchange…
Offshore wind installation company Fred. Olsen Windcarrier has won a contract with the wind turbine maker Siemens Gamesa Renewable Energy for the transportation and installation of 62 SG 8.0-167 DD wind turbines on the St. Brieuc offshore wind farm in French waters…
Malaysia's Petronas on Friday signed a Production Sharing Contract (PSC) with SK earthon and Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) for Block SK427 off the coast of Sarawak. SK earthon, a subsidiary of South Korea’s SK Innovation…
Thai oil and gas company PTTEP has become the official operator of the G1/61 offshore block, containing the Erawan, Platong, Satun, and Funan fields, as well as the G2/61 project, containing the Bongkot field, offshore Thailand.Back in December 2018…
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