Danish offshore drilling company Maersk Drilling has won a contract that could employ its Maersk Resolve jack-up drilling rig with an undisclosed client in the UK sector of the North Sea for the majority of 2022.The contract is expected to start in April 2022…
PSA Norway, the Norwegian offshore oil and gas safety regulator, on Monday gave its approvals to Aker BP and ConocoPhillips for offshore drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has obtained PSA Norway's…
Offshore service vessels owner Tidewater has signed a partnership agreement with Tero Marine to provide consultancy services and the fleetwide implementation of Tero Marine’s TM Master fleet management software suite.The move is part of Tidewater's…
Austrian energy group OMV will turn the page from its embrace of Russia and could signal a gradual exit from its oil and gas business when it presents its strategy under new Chief Executive Alfred Stern on Wednesday.After Stern took over as CEO last year…
Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of Ukraine.Equinor's official announcement comes four days after Equinor's chief executive…
Offshore wind is set to move further and further from shore, as demand for renewable energy grows and new floating turbine technology makes deep-water expansion possible. However, for the first time, large areas of the UK continental shelf now open for development are “seasonally stratified”…
Offshore engineering and construction company Subsea 7 said Tuesday it had won a substantial contract with an unnamed client.Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million (Subsea 7's share).The award…
Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz told Reuters on Monday.Russia is the European Union's top gas…
Norway's Kongsberg Maritime is presenting its HUGIN Edge medium-size autonomous underwater vehicle (AUV) at this week's Oceanology International event which started Tuesday in London.According to the company, based in Norway, the HUGIN Edge offers 'exceptional durability and reliability…
Offshore vessel owner DOF said Tuesday it had won vessel charter extensions with Norway's Equinor and Shell in the UK.Equinor has exercised options to extend the firm periods of the contracts for 2008-built Skandi Mongstad PSV for three years…
Aberdeen-based Balmoral Comtec, part of Balmoral, has agreed to invest a seven-figure sum to create an advanced composites manufacturing facility on the quayside at Scotland's Montrose Port where large-scale components for the offshore energy sector will be built…
Australian oil and gas company FAR Limited said Monday it would withdraw from its offshore blocks in Guinea Bissau after failed farm-out attempts. Separately, FAR said that STAM's takeover offer for FAR had closed, without the offer conditions being satisfied…
Island Offshore, a Norwegian offshore vessel owner, said Monday it had won several important vessel deals worth around $55,4M in the first few months of the year, with 25 vessels currently employed.According to the vessel owner, the total value of awarded contracts is approx…
Oil and gas drilling and engineering firm KCA Deutag has secured a contract with Equinor to carry out an energy optimization project for two CAT J jack-up drilling rigs, the Askeladd and Askepott, in the Norwegian section of the North Sea. The project…
Kongsberg Maritime has launched a new multibeam echosounder - EM 712 USV - for use with Unmanned Surface Vehicles (USVs).The latest addition to Kongsberg's EM 712 range of shallow- to medium-water multibeam echosounders for seabed mapping applications…