Norwegian energy group Equinor plans to sell a stake in its Martin Linge oilfield in the North Sea, hoping to raise more than $1 billion, industry and banking sources told Reuters.The sale is aimed at reducing Equinor's large stake in the field…
Norwegian offshore vessel owner Solstad Offshore has won a long-term contract for one of its platform supply vessels in the UK.The vessel has been contracted for one year, with further extension options included for up to two years. The contract…
ASX-listed SRJ Technologies Group plc has struck a deal to buy the UK-based oilfield services firm STATS.STATS said Tuesday that its shareholders had executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies…
A surge in COVID-19 cases and the emergence of the Omicron variant will dent global demand for oil, the International Energy Agency (IEA) said on Tuesday, but the broader picture is one of increasing output set to top demand this month and soar next year…
UK-based oil and gas company IOG is set to start drilling at the Southwark offshore field in the UK North Sea after a two-month hiatus caused by a problem with one of the offshore drilling rig's legs.IOG is focused on developing its Southern North Sea gas fields at the Saturn Banks Project…
Aberdeen-based offshore moorings specialist First Marine Solutions (FMS) has said it has secured a 'seven-figure' contract with offshore well-decommissioning firm Well-Safe Solutions.Under the deal, FMS will provide marine consultancy services…
James Fisher Subtech (JF Subtech), a provider of specialist technical marine support to the offshore energy industry, said Tuesday it had completed a subsea inspection, repair, and maintenance project on Ithaca Energy UK North Sea platform.The…
Oslo-listed firm Carbon Transition has entered into a new $2 million multi-client seismic data licensing contract with an undisclosed customer. 'Under the contract, the customer will license certain data from Carbon Transition’s Utsira multi-client library in Norway…
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…
Offshore engineering consultancy SLPE has secured a detailed design contract for wind turbine generator foundations for Red Rock Power Limited and ESB’s Inch Cape offshore wind farm.Inch Cape applied earlier this year to remove the capacity cap from its consent…
Thermoplastic Composite Pipe (TCP) maker Strohm has informed it has developed and manufactured a TCP with an integrated weight coating 'which offers clients on-bottom stability for its game-changing technology.'The first fully bonded 2,5-inch ID…
Brazilian oil firm Petrobras has informed that gas production from its Manati offshore gas field in Brazil, was halted due to the closure of the subsea valve of the export pipeline. In a separate statement, Petrobras partner Enauta said the…
UK-based research and innovation center for offshore wind, wave, and tidal energy, the Offshore Renewable Energy (ORE) Catapult, has promoted Andrew Macdonald into the role of Offshore Wind Development & Operations Director, effective from February 1…
Australian oil and gas company Woodside has named Graham Tiver as Chief Financial Officer and Executive Vice President. Joining Woodside from BHP, Tiver previously held the role of Group Financial Controller with responsibility for BHP’s global…
Offshore drilling solutions provider HMH has been awarded the contract to deliver a pressure control system to Guangzhou Marine Geological Survey (GMGS) drillship.The system will comprise of a blowout preventer (BOP) stack, including the new SeaONYX V…