Magseis Fairfield has won a contract to conduct a 4D Ocean Bottom Node (OBN) monitor survey in the Norwegian sector of the North Sea with an unnamed client.The survey is expected to begin in the third quarter of 2021 and last for just under a month…
A near-miss incident occurred last week aboard HMDC's Hibernia platform in the Atlantic Ocean, offshore Canada.Offshore oil and gas regulator Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said the incident had happened on May 13…
Oil and gas company Chrysaor has drilled a dry well at the production license 973, in the North Sea, offshore Norway.The exploration well 15/12-26, targeting the Ilder prospect was drilled 26 kilometers south of the Sleipner Øst platform and…
Dan Jørgensen, the Danish Minister for Climate, Energy & Utilities, on Monday led the groundbreaking ceremony of the H2RES project, marking the onsite construction start of Ørsted’s first renewable hydrogen project. H2RES will have a capacity…
Romanian oil and gas firm OMV Petrom has completed the previously announced sale of Kazakhstan-based Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) to Magnetic Oil, so it can fully focus on its business in the Black Sea.KOM and TOC hold the production licenses for four onshore fields…
Iran has signed a $1.78 billion contract with Petropars Group to develop the country's Farzad B gas field, Oil Ministry website SHANA said on Monday, after the failure of talks with Indian companies to develop the offshore site.Under the deal…
The European Union on Monday said it would toughen its rules on ship recycling and decommissioning offshore oil and gas sites, and set new targets to restore damaged marine ecosystems.Sectors linked to seas and oceans, such as shipping, fishing and offshore electricity generation…
An offshore worker died on Saturday in an accident aboard Fieldwood Energy's U.S. Gulf of Mexico oil platform, offshore Louisiana.'We are deeply saddened to confirm that on May 15, 2021, a fatal incident occurred involving a contractor at the…
The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore)…
Integrated logistics and materials management firm ASCO has won a contract with Petrofac to provide logistics and supply base services for Phase One of IOG's development project in the Southern North Sea (SNS).Petrofac, as Well Operator for IOGs’ development of the Southwark…
Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters.Banks working on ADNOC Drilling are scheduling calls with local…
French oil firm Total has awarded a commissioning services contract for its Tyra Redevelopment Project in the Danish North Sea to a consortium comprised of Actemium Oil & Gas Commissioning and Semco Maritime.The Tyra Redevelopment Project is…
Ineos Oil & Gas UK has hired Maersk Drilling's harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract is scheduled to start in the third quarter of 2021…
UK-based oil and gas firm IOG, developing Core Project Phase 1 in the UK North Sea, has awarded the Phase 1 Duty Holder contract for Installation and Pipeline Operator, as well as facilities operations and maintenance (O&M), to ODE Asset Management (ODE AM)…
Danish offshore drilling company Maersk Drilling has sold the jack-up rig Maersk Guardian to New Fortress Energy. The two firms have also signed a deal for the sale of the jack-up rig Mærsk Gallant with anticipated closing in June 2021. The…