UK-based Fairfield Betula Limited has extended two platform supply vessels with Solstad Offshore.The Norwegian offshore vessel owner said Wednesday that the extensions were agreed with Fairfield for the charters of the PSVs Far Symphony and Normand Aurora…
Petrogas NEO UK has hired the UK-based oilfield services provider Petrofac to establish its North Sea operation.Petrogas NEO UK is a company formed last year by the Norwegian private equity fund HitecVision and Omani oil group Petrogas.Petrofac…
Oil and gas company Neptune Energy has obtained permission to drill an exploration well in the Norwegian Sea.The well 6507/8-10 S - the Grind prospect - is located in the production license 889, seven kilometers east of the Heidrun field. Neptune operates the offshore permit with a 60% stake…
U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture and has begun providing information to potential buyers.The company holds a 50% stake in the Neptun Deep offshore project located in the Black Sea with Romanian OMV Petrom…
Wintershall Dea has drilled a dry exploration well in the Norwegian Sea.The German company's Norwegian subsidiary Wintershall Dea Norge drilled the wildcat well 6604/6-1 in the production license 894, around 105 kilometers southwest of Equinor's Aasta Hansteen field…
Ocean Installer has announced the appointment of Odd Strømsnes as the company’s new CEO as company enters new growth phase and addresses offshore wind market.The Norwegian subsea contractor said in a press note that the interim CEO Kevin Murphy will continue as Deputy CEO…
Dubai-based offshore drilling firm Shelf Drilling has completed the purchase of the jack-up drilling rig Maersk Completer from Maersk Drilling. The rig, which has now been renamed, has been stacked in Singapore since 2017. The two companies…
Activists on Monday boarded a jackup drilling rig in Dundee harbor, in Scotland, aiming to prevent the rig from departing for scheduled drilling operations for Shell in the North Sea.The 'occupied' rig, Valaris' KFELS Super A jackup Valaris Ju-122…
Royston said it has completed the overhaul of a critical power system on board the Bluewater Services operated floating production, storage and offloading (FPSO) vessel Aoka Mizu.The diesel power specialist said its team of engineers undertook the 6…
Turkey and Libya could work with international companies to search for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Sunday, following a deal between Ankara and the Tripoli-based government on maritime borders…
Norwegian offshore operator Equinor said Monday it will invest 50 billion kroner ($5.67 billion) over 10 years on a path toward reducing company-wide emissions by 40% through to 2030.Using the EU’s 2005, rather the UN’s 1990 as a benchmark year…
Exxon Mobil Corp expects a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory filing on Friday.The gain from the sale of the assets to Var Energi AS…
Following i3 Energy's 2019 drilling campaign at Serenity and Liberator, the company announced Thursday it is now preparing for a mid-2020 appraisal program to delineate the fields believed to contain more than 600 million barrels P50 STOIIP…
The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform…
Greece's Prime Minister said in remarks published on Sunday that if Athens and Ankara cannot solve their dispute about maritime zones in the Mediterranean they should turn to the International Court of Justice (ICJ) in The Hague to settle the disagreement…