Industry News

 

Bourbon Inks Partnership Deal with Integrated Wind Solution

Jun 16, 2022

Bourbon entered into a strategic partnership with IWS Fleet AS, the vessel owning company of Integrated Wind Solutions ASA  to address the French commissioning and maintenance market of offshore wind farms. This agreement will allow Bourbon…

Alcatel Submarine Network’s DC/FO Tech together with Equinor ASA wins the 2022 UTC Award

Jun 16, 2022

An innovative new subsea controls architecture designed to simplify how new fields and carbon capture and storage (CCS) sites can be developed and expanded has been announced as the winner of this year’s Underwater Technology Conference (UTC) Award…

Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report

Jun 16, 2022

War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict…

A Petoro Perspective of Today’s Upstream Challenges

Jun 16, 2022

With a third of Norway’s oil and gas on its books, state-owned Petoro has a unique perspective, from the macro right down to drainage strategies.Today, Petoro VP Licence and technology Kjell Morisbak Lund sees that the industry has many difficult challenges…

Boesen Steps Down from Seadrill Board

Jun 15, 2022

Offshore drilling contractor Seadrill announced Wednesday that Karen Boesen has resigned from its board of directors effective June 17, 2022.Boesen informed the company that she had no disagreement with the company on any matter, including its business…

Aker BP Hires Paula Doyle as Chief Digital Officer

Jun 15, 2022

Norwegian oil and gas company Aker BP announced it has hired Paula Doyle as chief digital officer effective July 1. She will be a part of the executive management team and will report to CEO Karl Johnny Hersvik.Doyle comes from Cognite, where…

Marine Minerals – A New Opportunity for Subsea Oil and Gas Technology

Jun 15, 2022

2023 could be a significant year for subsea mining, both in Norway and internationally. Norway’s environmental impact assessment for marine mining is ongoing, and the opening of the first Norwegian area for marine mining licenses is due to be approved while the International Seabed Authority (ISA)…

Equinor Joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Jun 15, 2022

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping continues to grow in size and influence, with Equinor joining as a Strategic Partner.Equinor is both a producer and a supplier of fuel to the maritime sector and has worked systematically…

PXGEO Wins More OBN Survey Work with Petrobras

Jun 15, 2022

Marine seismic survey company PXGEO has secured a contract with Brazil's Petrobras for a 3D ocean bottom node (OBN) survey in Brazil. The survey is to be acquired in water depths of up to 2200m and is scheduled to start in late 2022. The project is expected to take around four months to complete…

Equinor's Norwegian Sea Wildcat Comes Up Dry

Jun 15, 2022

Norwegian oil and gas company Equinor has drilled a dry well at the production licence 209, in the Norwegian Sea.The news was shared Wednesday by the Norwegian Petroleum Directorate, which said that Equinor had concluded the drilling of wildcat well 6305/5-C-3 H…

Shelf Drilling Nets 3-Year Jack-up Rig Deal with Saudi Aramco

Jun 14, 2022

Shallow water offshore drilling contractor Shelf Drilling has secured a contract extension for its Shelf Drilling Achiever jack-up drilling rig in Saudi Arabia.The rig, of the GustoMSC CJ46-X100-D 350 design, had a contract with Saudi Aramco running until December 2022…

Saipem 7000 Returns to Work at Scottish Wind Farm after April Tilting Incident. Full Lifting Capacity to be Restored in 2023

Jun 14, 2022

Italian offshore energy services company Saipem has confirmed the return to action of its giant crane vessel Saipem 7000, following a tilting incident in Norway in mid-April.Offshore Engineer reported back in May that the 197.95 meters long…

AOC Awards Petrofac Five-year Integrated Services Deal

Jun 14, 2022

Oilfield services company Petrofac said Tuesday it has been awarded an Integrated Services Provider (ISP) contract by Anasuria Operating Company (AOC).The five-year contract, which has an option to extend, starts in June. Under the deal, Petrofac…

Norway Scraps Three Arctic Oil Exploration Blocks

Jun 14, 2022

Norway's minority government will remove three Arctic oil exploration blocks from its licensing round as part of a deal with the opposition to secure backing for its 2022 budget.The Norwegian oil industry lobby said it was disappointed by the…

‘Recycled-based’ Dyneema: Lankhorst Supplies Heerema Heavy Lift Slings

Jun 14, 2022

For the first time in the heavy lift industry, Lankhorst Ropes is supplying Heerema Marine Contractors with LankoForce HL slings manufactured with Dyneema SK78 fiber produced using post-consumer plastic waste as a feedstock. The LankoForce HL…

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