SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…
Shell is preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the aging basin, industry sources told Reuters.Shell is planning to offer…
Neptune Energy and RWE said Tuesday they had signed an agreement for the H2opZee project, an offshore green hydrogen development in the Dutch North Sea.H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyzer…
Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf…
Norwegian Minister of Petroleum and Energy, Marte Mjøs Persen, will Thursday officially open the Martin Linge field, located in the North Sea, offshore Norway.As previously reported, the field came on stream in June 2021, after years of delays…
Oil and gas company Neptune Energy said Wednesday that output from its Gjøa platform offshore Norway had increased by two million barrels of oil equivalents (boe) from 2020 to 2021.Gross production over the Gjøa platform ended on 42 million boe in 2021…
Petrogas E&P Netherlands, a part of Petrogas E&P LLC, based in Muscat, Oman), has awarded Heerema Marine Contractors a contract to decommission multiple North Sea oil platforms.The contract is for the removal of the Haven, Hoorn, Helm, and Helder…
Six oil and gas companies operating in the Dutch sector of the North Sea have signed a deal with subsea services firm Oceaneering for the decommissioning of Mud Line Suspension (MLS) wells in the Dutch North Sea.These wells were once drilled for exploration purposes…
Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.In recent weeks, Secretary of State at the Department of Business…
PGS, a Norwegian seismic data company best known for its offshore oil and gas exploration services, is expanding into the carbon capture and storage arena with its second carbon storage survey deal announced in as many days.Namely, a day after…
A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's actions amount to a type of unlawful subsidy of the fossil fuel sector.The ruling…
Norwegian oil and gas firm Equinor has been awarded 26 new production licenses by Norway’s Ministry of Petroleum and Energy Award in Predefined Areas. In total, Norway has offered 28 companies ownership interests in a total of 53 offshore oil…
UKI-based offshore well plugging and abandonment specialist Well-Safe Solutions has appointed Mark Davison as the company’s Subsurface Team Lead, as the company expands the breadth of its service offering to include all aspects of subsurface plug and abandonment (P&A) design…
Norwegian energy major Equinor said on Wednesday it had cut the resource estimates for its Mariner oilfield in the British North Sea, triggering an impairment charge of around $1.8 billion.Total recoverable reserves from the field, which is operated by Equinor with a 65…
UK North Sea-focused oil and gas company IOG has hit a setback with the Southwark project drilling and has to move the Noble Hans Deul rig jack-up rig from the Southern North Sea drilling site due to the challenging seabed conditions.As previously reported…