Norwegian oil and gas company Vår Energi has signed a framework agreement with drilling equipment firm Enhanced Drilling.Under the agreement, Enhanced Drilling will provide Vår Energi with its Cutting Transportation System (CTS) and Riserless…
Offshore wind turbine maker MHI Vestas Offshore Wind and developer Copenhagen Infrastructure Partners (CIP) have secured a 5000 square meter site in Taiwan, to support the construction of CIP’s Changfang & Xidao Offshore Wind Project.The site…
Danish authorities have told offshore wind developer Ørsted to pay taxes and interests amounting to DKK 6.6 billion (around USD $1 billion) for the company's British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016…
Malaysia’s anti-graft agency is investigating Norway’s largest oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned energy firm Petronas, three sources familiar with the probe said.The…
Norwegian offshore vessel operator Rem Offshore has in the past few days announced long term contracts with Apache Corporation in the UK North Sea for three of its platform supply vessels.Rem offshore last week said it had won contracts for the platform supply vessels Rem Cetus…
Malaysian offshore drilling company Sapura Drilling has informed that its Sapura Berani semi-submersible self-erecting tender-assist drilling rig is on its way to Congo to start a drilling contract.In a social media post on Tuesday, Sapura Drilling…
Norway's oil output curbs, in place since June, are set to end on Dec. 31, the Ministry of Petroleum and Energy said on Tuesday.'The Norwegian regulation will expire at the end of the year,' the ministry said in a statement.Following a sharp…
U.S. crude oil production rose 286,000 barrels per day in September to 10.86 million bpd, as production increased in North Dakota and in offshore waters in the U.S. Gulf of Mexico.Oil production rose 61,000 bpd in North Dakota and 315,000 bpd in the offshore Gulf of Mexico…
Borr Drilling, a Norwegian contractor of shallow-water drilling rigs, warned on Monday that the company continued to face a “very challenging” financial situation after reporting $61.9 million in net loss for the third quarter.The company said…
The final turbine has been installed at the site of Belgium’s largest offshore wind farm - SeaMade, offshore installation contractor DEME said Tuesday.SeaMade, operated by Otary, is a 487,2 MW offshore wind concession in the Belgian North Sea…
Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion, its biggest-ever impairment, and slash project spending next year to its lowest level in 15 years.The oil major is reeling…
Ireland-based oil and gas company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.Providence Resources, together with its partner Lansdowne Oil…
Norwegian marine seismic data acquisition company PGS has informed that its Ramform Titan vessel is about to continue the acquisition of the Campos Deepwater GeoStreamer X (Phase 2), a prefunded MultiClient 3D seismic survey with multi-azimuth coverage…
Oil and gas firm Rockhopper Exploration, with an interest in the Sea Lion project off the Falkland Islands, and Premier Oil as the operator, have reached an agreement with Israeli firm Navitas Petroleum to extend the exclusivity period for the latter's farm-in into the project…
Nippon Paint Marine has informed that the 'self-indicating technology' incorporated into the company's special tank coating NOA60HS has been certified by the Norwegian Technology Standards Institution as meeting the requirements of the NORSOK M-501 standard…
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