French subsea firm Forssea Robotics and UK-based Subsea Technology & Rentals (STR) have agreed a global exclusive partnership.The moves follows a partnership formed between the two companies in June last year (2018). As part of the new partnership…
Norwegian exploration and production company DNO says it plans to drill 48 wells this year, the highest number in the company's 48-year history. The drilling program, comprising 25 development/infill wells and 11 exploration/appraisal wells…
Emerson said it has been awarded a five-year contract with BP to provide predictive maintenance and operational support services to ensure safe, optimized production from its Clair Ridge platform and Glen Lyon floating production, storage and offloading (FPSO) vessel…
Norwegian oil company Okea AS said on Tuesday it was planning an initial public offering by mid-2019, in a bid to raise funds to finance further expansions.The company, which is partly owned by Thailand's Bangchak Corporation and private equity firm Seacrest Capital…
Singapore-based Keppel FELS and Norway's Aibel have together secured a contract to build and install a new 900 MW offshore high voltage direct current (HVDC) converter station for the DolWin 5 cluster offshore wind farms. Under a contract from…
OMV has been given the green light to drill exploration wells 6506/11-11 S and 6506/11-11 A on the Halten Terrace in the Norwegian Sea. The wells are in production licence 644/644 B containing the high-pressure, high-temperature gas/condensate Hades and Iris discoveries…
UK small cap player Independent Oil and Gas (IOG) has signed a Letter of Intent to use Maersk Drilling's Maersk Resilient jack-up rig to drill the Harvey appraisal well in the southern sector of the UK North Sea. The well is expected to be started in July…
The United States is deeply concerned by Turkey’s announced intentions to begin offshore drilling operations in an area claimed by Cyprus as its exclusive economic zone, a State Department spokesperson said on Sunday.Turkish media on Saturday…
Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…
The UK government said it will back industry plans for a multimillion pound underwater engineering hub in Aberdeen.The planned Global Underwater Engineering Hub will bring together underwater technologies from both industry and academia from…
Action is needed now to retain, retrain, recruit and renew the workforce in a rapidly changing UK oil and gas sector.These are the findings presented by energy skills body OPITO, who has set out a strategy to prepare the UK oil and gas industry…
Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November.Earnings before interest and tax (EBIT)…
Project partners in the UK are working to develop a new approach for monitoring the long-term integrity of suspended or decommissioned oil and gas wells in the North Sea. Their proposed technique aims to act as a 'smoke alarm for the sea' to provide early warning in the event of a leak…
Craig International has secured a contract with Spirit Energy, which is potentially worth £21 million ($27.4 million) over seven years, the oilfield procurement specialist announced on Thursday.Craig International said it has been awarded a five-year contract…
Norwegian oil and gas company Equinor announced on Thursday it will shut down production at its ageing Statfjord A platform in the North Sea, marking the end of the line for one of the oldest platforms on the Norwegian continental shelf.The platform…
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