Jacktel, a subsidiary of Macro Offshore, has won a contract with Total for the supply of its accommodation jack-up Haven at the Tyra redevelopment project offshore Denmark.The contract has a duration of 20 months and starts in the third quarter of 2021…
Norway-focused oil and gas company Aker BP, said Wednesday it had, through a newly formed subsidiary Aker BP UK, farmed into an offshore block in the UK North Sea.Aker BP UK has entered into an agreement with Eni UK to take over a 50 percent interest in licence P2511 on the UK Continental Shelf…
The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…
Norwegian energy firm Equinor has awarded Norsea Group, Saga Fjordbase, and ASCO Norge contracts for services at supply bases in Norway. The contracts are awarded on behalf of Equinor operated licenses on the Norwegian continental shelf.Peggy Krantz-Underland…
The start-up of the Total-operated Tyra Redevelopment Project in the Danish Sector of the North Sea is now expected in the second quarter of 2023, and not in 2022, Noreco, a partner in the project, said Friday.'Due to COVID-19, local governmental…
Turkey said on Monday Greece had no right to oppose Turkish seismic exploration work 15 kilometers (9.3 miles) from its mainland in the Eastern Mediterranean and on its continental shelf, as tensions between the NATO members spiked again.Greece…
Two new jackets have been installed at the Total-operated Tyra redevelopment project offshore Denmark, Noreco, a partner in the project has informed.The Tyra field located 225km west of Esbjerg, Denmark, is the largest gas condensate field in the Danish Sector of the North Sea…
The eastern Mediterranean region where a Turkish ship will carry out a seismic survey is part of Turkey's continental shelf, Ankara said on Wednesday, rejecting Greece's accusation that the ship is encroaching on its own shelf.Long-standing…
Norwegian offshore drilling company Dolphin Drilling has signed a drilling contract for one of its rigs with Wellesley Petroleum.According to a statement released by the Dolphin Drilling CEO Bjørnar Iversen, the contract is for one firm well on the Norwegian Continental Shelf…
Tensions between Cyprus and Turkey over offshore drilling intensified on Friday, with Nicosia accusing Turkey of a 'severe escalation' of violations of its sovereign rights.Turkey announced on Thursday that it had sent an oil-and-gas drilling…
The Norwegian Shipowners' Association (NGA) reached an agreement with Industri Energi and SAFE in the Mid-Term Settlement for employees on mobile offshore units, drilling and catering on permanently placed facilities on the Norwegian Continental Shelf…
Polish state-controlled oil and gas company PGNiG said its unit PGNiG Upstream Norway started drilling an exploration well in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf, for the first time in the role of the operator…
Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island's continental shelf, a senior foreign ministry official said on Tuesday.Officials declined to name the companies…
The global offshore decommissioning market, valued at $ 5.96 billion in 2018, is projected to exhibit a CAGR of 5.4% through 2027, in terms of revenue.Crude oil prices coupled with declining production from rising number of maturing oil and…
The extent of the continental shelf beyond 200 nautical miles outside Bouvet Island has now been clarified with the Continental Shelf Commission (CSC) in New York.The Commission’s recommendation is in line with Norway’s proposal submitted to the Commission in 2009 and revised in 2015…