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Norway's Oil Industry Resumes Helicopter Flights After Deadly Crash

Mar 01, 2024

Norwegian oil companies resumed helicopter flights to offshore oil and gas fields on Friday following Wednesday's deadly crash off the country's west coast, operator Equinor and airports said on Friday.On Thursday helicopter traffic was halted…

Oil Rises Almost 2% as Markets Await OPEC+ Decision

Mar 01, 2024

Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh U.S., European and Chinese economic data.Brent LCOc1 futures for May were up $1.43…

Equinor Broadens Range of Helicopters with New Order

Mar 01, 2024

Norwegian oil company Equinor EQNR.OL has ordered 15 new helicopters from manufacturers Leonardo LDOF.MI and Textron's TXT.N Bell, with first deliveries expected next year, broadening the range of available aircraft, it said on Friday.The announcement…

Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push

Mar 01, 2024

As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation…

Trinidad and Tobago Extends Deadline for Shallow-Water Auction

Feb 29, 2024

Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.Trinidad is Latin America's largest producer of liquefied natural gas (LNG) with installed capacity of 15 million metric tons per year…

Brazil, Guyana, Suriname Eye More Cooperation in Oil and Gas

Feb 29, 2024

Brazil, Guyana and Suriname have agreed to deepen discussions on cooperation in the oil and gas sector, according to a joint statement released by the countries on Thursday after a meeting between their presidents.Guyana President Irfaan Ali…

New York Awards Equinor and Orsted New Offshore Wind Contracts

Feb 29, 2024

New York officials on Thursday awarded provisional contracts to two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's clean energy goals on track.The state selected a planned 810-megawatt project…

Aker BP Pauses Helicopter Traffic Offshore Norway After Crash

Feb 29, 2024

Norwegian oil group Aker BP on Thursday said it had halted all helicopter traffic offshore Norway until further notice, after a Sikorsky S-92 helicopter crashed in the ocean on Wednesday, killing one person and injuring five others.(Reuters - Reporting by Louise Breusch Rasmussen…

Ørsted Installs All Offshore Wind Turbines for 900MW Projects in Taiwan

Feb 29, 2024

All 111 offshore wind turbines, forming Greater Changhua 1 and 2a offshore wind farms, have been installed offshore Taiwan.The developer behind the projects, Danish energy giant Ørsted, informed about the milestone in a social media post shared on February 29…

Viaro Energy Grows North Sea Oil and Gas Portfolio

Feb 29, 2024

UK-based oil and gas company Viaro Energy has acquired full working interest in License P.2593 in the West of Shetland, which includes the Tuck gas discovery and the Boulmer prospect, along with several other prospects and leads in the area…

Jozwiak Joins GLO Marine as Green Transition Lead

Feb 29, 2024

Maciej Jozwiak joined the GLO Marine team, with his experience expected to enhance the company's technical capacity to deliver high-end services to the retrofit and vessel upgrade market, with a focus on green technologies and decarbonization measures…

Vaalco Plans Baobab FPSO Upgrade Following Svenska Petroleum Acquisition

Feb 29, 2024

U.S. based oil and gas company Vaalco has entered a sales and purchase agreement to acquire Svenska Petroleum Exploration, including its non-operated interest in the producing deepwater Baobab field offshore Ivory Coast, for the gross amount of $66…

Energean Power FPSO Producing at Full Capacity as Karish North Goes Online

Feb 29, 2024

Oil and gas company Energean has brought the Karish North and second gas export riser online at the Karish field in the Mediterranean Sea, offshore Israel.Karish North first gas was safely achieved on February 22, 2024, Energean informed. The…

Wintershall Dea Ups Resource Estimate for Norwegian Sea Discovery

Feb 29, 2024

German oil and gas company Wintershall Dea has increased resource estimates for a gas/condensate discovery near the Dvalin field in the Norwegian Sea, following the drilling of an appraisal well with Transocean Norge rig.Wintershall Dea's appraisal…

Sulmara Expands Subsea Offer with New Business Line

Feb 29, 2024

Scotland-based subsea specialist Sulmara is expanding its offer related to subsea cables and pipelines with the launch of a new suite of services to reduce the operational risks its clients face, while helping them meet their net zero targets…

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