Oil company EnQuest said Friday it had awarded an upper jacket removal contract for its Heather platform in the UK North Sea to Italian offshore services firm Saipem.The Heather field and its associated Heather Alpha platform are located about 94 kilometers northeast of Shetland…
Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…
The UK defense ministry has acquired a subsea construction vessel that used to work in the offshore energy industry. The vessel, Topaz Tangaroa, will undergo a period of military modification and will be used to protect subsea cables and oil and gas pipelines…
Offshore Energies UK, a body representing the UK's offshore energy industry, has called for the government to help rebuild investment confidence following tax hikes that have forced the UK's biggest oil and gas producer in the North Sea, to start planning job cuts…
The British North Sea's biggest oil and gas producer Harbour Energy told its staff that it plans job cuts in the wake of a windfall tax imposed on the sector last year, the company said on Wednesday.The jobs would be cut in Harbour Energy's headquarters in the North Sea hub of Aberdeen…
Offshore transport firm CHC Helicopter Group (CHC), has agreed to sell Offshore Helicopter Services UK (OHS UK) to Ultimate Aviation Group, a South African headquartered international aviation business for an undisclosed fee.CHC is selling OHS…
Britain's first oil and gas exploration licensing round since 2019 attracted 115 bids, up from 104 in the last round, with the licences likely to be awarded from the second quarter, the North Sea Transition Authority (NSTA) said on Tuesday. Britain's…
The planned restart of the second process platform on Equinor's Johan Sverdrup oilfield has been postponed due to an equipment fault, and repairs are now ongoing, a company spokesperson told Reuters on Monday. Equinor's Sverdrup field last week suffered an outage due to a loss of power supply…
Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…
The Norwegian energy firm Equinor has awarded Siem Offshore a seven-month contract extension for the offshore subsea construction vessel Siem Barracuda.The extension will keep the 120.8m vessel working on Equinor's Hywind Tampen project offshore Norway…
Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program. The companies will start preparatory work and detailed engineering to ensure timely…
Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…
The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…
North Sea-focused oil and gas company Orcadian has entered into a non-binding Heads of Agreement with Rapid Oil Production Ltd to dispose of its interests in the Crinan and Dandy discoveries in the UK North Sea.Orcadian, which describes the Crinan and Dandy as non core assets…
Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…