INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million. The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…
Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…
Norway's Equinor has awarded Tenaris the contract for the supply of tubulars for the Northern Lights CO2 transport and storage project offshore Norway.From its Dalmine mill in Italy, Tenaris will produce a 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the project…
Floatel International, a company providing offshore accommodation rigs for the oil and gas industry, said Wednesday it had successfully completed its comprehensive balance sheet restructuring.The company said it had secured a fully consensual deal among all key stakeholders…
The developers of what will be the world's largest offshore wind farm, the Dogger Bank wind farm in the UK, have revealed the design for Operations and Maintenance (O&M) Base in the Port of Tyne, that will serve the wind farm.Subject to planning approval…
Britain's Crown Estate said on Wednesday it would start work on producing a new leasing round for commercial-scale floating wind power projects in the Celtic Sea.Floating wind farms are an emerging technology with far higher costs than plants fixed to the seabed…
Dutch Damen Shipyards Group has teamed up with technology firm MO4 specializing in offshore motion prediction, to take a step towards the digitalization of offshore wind farm operations. 'This strategic alliance pairs Damen’s Triton monitoring platform with MO4 motion forecasting knowledge…
Total will gradually resume construction at its $20 billion liquefied natural gas development in northern Mozambique after working with the government to increase the site's security, the French oil major said in a statement on Wednesday.Total…
UK-based offshore crew transfer vessels provider High Speed Transfers (HST) said Wednesday it had ordered three new crew transfer vessels.The company ordered two BARTech 30 CTVs from marine engineering consultancy, BAR Technologies, and an additional hybrid Chartwell 24…
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…
Offshore helicopter operator NHV Group has secured a contract in Ireland with PSE Kinsale Energy Ltd in support of its decommissioning operations in the Celtic Sea. PSE Kinsale Energy, a Petronas subsidiary, last in July said that the Kinsale…
Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…
Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…
Oilfield services giant Baker Hughes and the Norwegian 'carbontech' start-up, Horisont Energi have signed an agreement to jointly explore development and integration of technologies for the Polaris carbon storage project in the Barents Sea, offshore Norway…
Malaysian oilfield services company Uzma has won a contract with Petronas Carigali for electric wireline logging services.Uzma said it would provide non-rig assisted electric wireline logging services for Petronas Carigali for a period of three…