BP has agreed to sell its London headquarters for 250 million pounds ($332 million), a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy.BP also agreed to lease 1 St James's…
Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries…
Norwegian energy industry services provider Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil. The contract has a fixed period of four years and includes an option for a two-year extension…
Norwegian offshore drilling contractor Odfjell Drilling has signed firm drilling contracts with Equinor for the use of two of its offshore drilling rigs in Norway.The contracts are for the use of the Deepsea Atlantic semi-submersible drilling…
FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…
Swedish marine survey company MMT has awarded a long-term contract for SeaMar Group's Deep Helder offshore support vessel.To contract comes following the recent six-month deal previously awarded for the vessel for work on the east coast of the U…
Oil company Noble Energy, now owned by Chevron, has decided not to drill the previously planned offshore well in Colombia this year.The company had signed a drilling contract in January with the Danish offshore drilling company Maersk Drilling for the use of the Maersk Valiant drillship in Colombia…
Norwegian oil firm Equinor has been granted authorization to drill two wells at the Blasto prospect in the North Sea, off Norway.The Norwegian Petroleum Directorate said Friday it had granted Equinor a drilling permit for wildcat well 31/2-22…
Cargotec's MacGregor has delivered a riser pull-in system for China-based oil firm CNOOC's Lingshui 17-2 semi-submersible production platform.The deepwater semi-submersible production unit is intended for operation in a deepwater natural gas field in the Qiongdongnan Basin…
Offshore Renewable Energy (ORE) Catapult, UK-based innovation center for offshore renewable energy, is looking to lower costs and speed up the production of the wind turbine blade designs of the future with investment in a prototype blade manufacturing facility…
Norwegian offshore vessel operator Solstad Offshore said Friday that oil and gas company Inpex had extended charters for two of its anchor handlers in Australia.Japan's Inpex had in October 2019 awarded three-year contracts for two Solstad Offshore…
Norwegian oil and gas seismic data company TGS has returned to Argentina to complete the previously announced Malvinas 3D Multi-Client offshore survey, and has also announced two new surveys in Brazil.In Argentina, TGS has earlier this week…
Oslo-listed oil and gas company PetroNor has acquired SPE Guinea Bissau AB, a Guinea Bissau subsidiary of Sweden-based Svenska Petroleum. The acquisition entitles sub-Saharan Africa focused PetroNor to become the operator of the Sinapa (Block…
Offshore oil drilling contractor Seadrill expects the market for its rigs to remain depressed until late 2021, the Oslo-listed firm said on Friday as it continued talks with creditors over a debt restructuring.Seadrill, controlled by Norwegian-born billionaire John Fredriksen…
The European Union unveiled plans on Thursday to transform its electricity system to rely mostly on renewables within a decade and increase its offshore wind energy capacity 25-fold by 2050.Renewable sources like wind and solar provide roughly a third of EU electricity today…