Wagenborg Offshore said it has taken its third walk-to-work (W2W) vessel into service. The converted Keizersborg is used as a standby vessel for inspection and maintenance of unmanned platforms in both Dutch and British waters of the southern North Sea…
Norwegian oil company Aker BP has exercised the second one-year option for the extension of the contract for Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig.The extension will begin after the expiry of the first optional period in June 2022…
LYTT, an energy tech company, said Monday its technology has helped improve production up to 2,000 barrels per day (bpd) at BP's Clair Ridge offshore platform, west of Shetland, UK.Clair Ridge is the second phase of development of the giant…
S.D Standard Drilling Plc, a Cyprus-based, Oslo-listed offshore vessel owner, said Monday it had purchased 500,000 shares, corresponding to 1% ownership, in offshore driller Noble Corp, at USD 18.5 per share.'Noble completed its restructuring- and Chapter 11 process on 5 February 2021…
Solstad Offshore has sold two anchor handling towing and supply vessels earlier this week.Solstad said that the vessels sold were the AHTS Lady Astrid and Lady Caroline.Delivery of the vessels to the new owner took place Wednesday, March 17th…
Norwegian oil and gas company Equinor, which is working to become a broader energy company, with increasing investments in renewable energy, said Friday its greenhouse emissions in 2020 had dropped compared to 2019.'In 2020, Equinor’s (scope 1 & 2) greenhouse gas emissions were 1…
The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…
The U.S. State Department is tracking efforts to complete Russia's Nord Stream 2 natural gas pipeline and evaluating information on entities that appear to be involved, U.S. Secretary of State Antony Blinken said on Thursday.'Any entity involved in the Nord Stream 2 pipeline risks U…
Sweden's Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, said on Thursday it expected the field's production capacity and its reserve estimates to grow in the future.Production capacity from 2.2 billion to 3.2 billion barrels of oil equivalent (boe) field…
Norway's oil production slightly exceeded official expectations in February, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output slipped 0.6% from January to 1.793 million barrels per day (bpd) in February…
INEOS E&P, a part of INEOS Energy, said Thursday it had entered into an agreement to acquire the U.S. oil firm Hess' subsidiary Hess Denmark for a total consideration of $150 million. Hess said it would use the cash on its operations in Guyana…
Swedish power company Vattenfall has signed its first power contract for the offshore wind farm Hollandse Kust Zuid, located in the Dutch North Sea.Under the contract, Air Liquide will purchase 100GWh of electricity per year from the wind farm located off the Dutch coast…
3t Energy Group, a UK-based energy industry training services company, has appointed Chris Durling as its new finance director for its training division.Durling comes to 3t Energy Group from EY, where he led the Aberdeen transactions business and EY’s focus on energy services in the UK…
Norwegian company Aker Solutions has said it has signed a 'sizeable' letter of intent with Dutch offshore services firm Heerema Marine Contractors for the decommissioning and recycling of Norwegian offshore platforms.Heerema has, as the main decommissioning contractor…
Norwegian offshore vessel owner DOF has won long-term contracts in the UK and Guyana for three of its platform supply vessels.In the UK, under the contract starting in April, the large PSV Skandi Gamma will work for Ithaca Energy for a period of two years firm…