Vår Energi and its partners have drilled a dry well on the Kokopelli prospect, south of the Sleipner area, in the North Sea.The wildcat well 7/1-4 S is located in the North Sea in production license 1190. Two exploration wells have previously been drilled within this area…
SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI)…
Kongsberg Maritime has secured a contract to supply an integrated package of equipment for Bibby Marine’s new electric Commissioning Service Operation Vessel (eCSOV), the world’s first fully-electric offshore vessel.Kongsberg Maritime will provide…
The Welsh Government has taken an $9.9 million equity stake in the Morlais tidal energy scheme to ensure progress of what is set to become the largest tidal energy project in Europe.Owned and managed by Ynys Môn social enterprise Menter Môn…
ExxonMobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Its adjusted profit was $7.39 billion or $1.67 per share, beating analyst estimates of $1…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds an operating stake of 50%, along with partners Petoro (20%)…
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, consultancy Enverus said on Wednesday.Last year's…
Allseas has commissioned MacArtney to replace existing hydraulic launch and recovery systems (LARS) with the all-electric eLARS on three vessels.The scope comprises three over-the-side 150 kN all-electric A-frames, including docking head and AHC winch…
Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement Awards.Shortlisted for the Sustainability Project Award, this recognition celebrates TWMA’s RotoMill technology, an…
U.K.-based oil firm Serica Energy has resumed production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the outage caused by a technical issue.Serica Energy said the production into the Triton FPSO resumed on December 27…
The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is for wellbore7/1-3 in production license 1090, operated by Var Energi with 50% working interest, along with partners Aker BP holding 30% and Petoro 20% stakes…
Ocean Kinetics and Green Marine completed the decommissioning of OpenHydro’s pioneering tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney.A joint venture partnership was formed in April to deliver the decommissioning contract…
Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…
Fugro has started conducting comprehensive ground investigation for a CO2 highway, off the coast of Belgium, part of a 1,000-kilometer-long planned pipeline by Equinor to transport CO2 between mainland Europe and Norway.Under the contract, Fugro…
Houston-based Noble Corporation contracted with Kongsberg Digital for the delivery of navigation, engine and dynamic positioning (DP) simulators based on Kongsberg Maritime’s K-Pos DP system. The simulators will be tailored and integrated with…
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