A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…
France's CRE energy market regulator will publish its recommendations for the 600 megawatt (MW) Dunkirk offshore wind farm tender in early May, and it expects the price to be reasonable, the head of the regulatory body said on Thursday.'We will get reasonable prices for the Dunkirk offshore tender…
Dräger Marine & Offshore will supply equipment which detects and protects workers from hazardous gases to 23 platforms across the North Sea, under three new contracts worth more than £1,000,000 ($1.3 million), the Netherlands based company announced on Wednesday…
Neptune Energy said Tuesday it has entered into a global alliance agreement with TechnipFMC for delivering subsea projects.The agreement will run for an initial period of five years with options to extend, and will cover the full project lifecycle from early concept work…
Equinor has drilled a dry well in the Gjoekaasen Deep prospect in the southeastern part of the Barents Sea, the Norwegian Petroleum Directorate said on Tuesday.Wildcat well 7132/2-2 was drilled by the Seadrill drilling rig West Hercules about 175 kilometers north of Vardø…
DNV GL said on Monday it is working with Equinor to undertake a third-party verification study of the Norwegian Hywind Tampen floating wind farm, expected to be the world’s first offshore wind farm powering oil platforms.Situated in the North Sea approximately 200 kilometers west of Florø…
Oslo-based exploration and production company Mime Petroleum has reached a deal with fellow independent Vår Energi to buy into the Balder, Ringhorne and Ringhorne East fields on the Norwegian continental shelf (NCS), the partners announced Monday…
Vroon Offshore Services has secured a contract with Total E&P to deliver offshore logistical support to a planned maintenance campaign in the Dutch sector of the Southern North Sea.OPerations are already underway, and so far Vroon’s subsea support…
Engineering, construction and services company Subsea 7 announced on Friday it has been awarded a contract by Shell for the Arran gas field development, located approximately 240 kilometers east of Aberdeen in the UK North Sea.Subsea 7 said…
SBM Offshore, a Dutch provider of floating production, storage and offloading units (FPSO), said on Friday it opposes financial regulators's claims that it withheld certain price-sensitive information between 2012 and 2014 related to an internal…
A second service operations vessel for Bibby Marine Services has been launched and christened during a ceremony at Damen Shipyards Galati in Romania, the shipbuilder announced Friday.The new vessel, Bibby WaveMaster Horizon, will begin maintenance…
Norwegian oil company Equinor has received consent to drill exploration well 7335/3-1 in production licence 859 in the Barents Sea, Norway's offshore safety watchdog, the Petroleum Safety Authority, said on Thursday.Well 7335/3-1, known as Korpfjell Deep…
Neptune Energy said on Thursday it has agreed with partners BP and Japex on a final investment decision (FID) for the Seagull oil and gas field in the UK North Sea.Neptune, which acquired its 35% interest in Seagull from Apache in 2018, operates the field…
Offshore oil and gas operators are grappling with how to make their operations and even companies greener, Offshore Mediterranean Conference (OMC) in Ravenna, Italy, has been hearing.From using renewable energies to power remote fields and even subsea robots…
Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said…