UK-based offshore decommissioning association Decom North Sea has appointed John Allan, Decommissioning Director at oil company EnQuest, to its Board of Directors.'John’s current role at EnQuest was preceded by 15 years with CNRI. With the majority…
Seacat Services, an offshore support vessel firm, has signed a long-term charter for the catamaran Seacat Magic with Greater Gabbard Offshore Wind Farm Ltd.Greater Gabbard Offshore Wind Farm Ltd. is a joint venture between SSE Renewables (50%) and RWE Renewables (50%) running the namesake wind farm…
Total E&P Denmark has awarded Bilfinger a €40 million (~$48,6 million) contract for inspection services on the offshore assets in Denmark.Starting in July 2021, the contract will run for five years with 2x1-year extension options and will cover all of Total's assets offshore Denmark…
Oilfield services firm Archer has signed an agreement to acquire Norwegian offshore well intervention company DeepWell for NOK 177 million (21,57 million) on a debt and cash free basisDeepWell provides wireline and downhole services to oil companies on the Norwegian Continental Shelf (NCS)…
The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world…
Tullow Oil's $1.8 billion bond, which was launched to help it manage a $2.4 billion debt pile, drew more interest from investors than expected after the Africa-focused producer's financial overhaul, the chief executive said on Friday.Rahul Dhir…
Oil major Shell has this week sent an environmental impact statement for the development of its Jackdaw field in the North Sea to the UK Government.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…
Norwegian offshore vessel operator Island Offshore, mostly known for its offshore vessel services in the Norwegian oil and gas industry, has recently won a walk-to-work contract with Vattenfall in the offshore wind sector in Germany.Island Offshore…
Polish gas transmission system firm Gaz-System said Thursday that preparations were underway for the pipelaying work to begin on the Baltic Pipe project, designed to ship gas through a Baltic Sea pipeline from the Norwegian part of the North Sea to Denmark and Poland…
Aberdeen Harbour Board has awarded two new contracts for the construction of the South Breakwater and Crown Wall, with a total value of £60 million (USD 83,5 million)Dutch marine and offshore contractor Van Oord will act as the principal contractor for the 550-meter-long South Breakwater…
Poland's biggest power group PGE and Denmark's Orsted have finalized a deal to jointly develop two offshore wind projects in the Baltic Sea, PGE said on Thursday.Under the terms of the deal, Orsted bought 50% in each of two PGE units developing two offshore projects totalling 2…
Oil company MOL Norge AS, a Norwegian subsidiary of Hungarian MOL, has received a drilling permit for an appraisal well in the North Sea, offshore Norway.MOL will use the Transocean Barents semi-submersible drilling rig to drill the well formally named Well 25/8-21 S…
U.S. oil and gas producers Marathon Oil Corp and APA Corp [ a parent company of Apache Corp.] beat Wall Street estimates for first-quarter profits on Wednesday, as COVID-19 vaccine rollouts and easing travel restrictions powered a rebound in oil prices…
Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.The Norwegian government has earmarked two areas in the North Sea for up to 4…
Norwegian oil company OKEA has selected COSL Drilling Europe as an exclusive supplier of drilling units for its operations on the Norwegian Continental Shelf (NCS).As part of the four-year frame agreement, COSL Drilling Europe (COSL) will be…