Equinor is looking at further options to increase gas production from its fields off Norway in the short term after receiving a permit to produce more from the Oseberg, Troll, and Heidrun fields, a senior executive said on Wednesday.'We're looking into several other options…
Harbour Energy, the British North Sea's biggest oil and gas producer, reported on Thursday free cash flow of $678 million for 2021 in its first full-year results after its merger with Premier Oil, up from a pro-forma $562 million in 2020.It forecast that…
Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, and a subsidiary of Eneti, has secured a contract in NW Europe.Eneti said Tuesday that the contract was with a global original equipment manufacturer…
Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…
There is a possibility of replacing Petrobras' chief executive, Brazil's President Jair Bolsonaro said on Wednesday, adding further pressure to the state-run oil company's pricing policy.In an interview with regional TV channel, Bolsonaro said…
Spanish authorities on Wednesday detained a mega-yacht called 'Crescent' that is believed to belong to Igor Sechin, the sanctioned chief executive of Russian oil giant Rosneft, a police source told Reuters.The 135-metre-long yacht, described…
Offshore installation contractor Jan De Nul has informed that its newbuild offshore jack-up installation vessel Voltaire has been fitted with what it says is the world's largest leg encircling crane.The vessel, being built for offshore wind and decommissioning work…
Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…
Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, earlier this week inaugurated the Barzan Gas Plant in a special ceremony held today at Ras Laffan Industrial City.The Barzan Gas Plant will produce and process natural gas from the giant North Field offshore Qatar…
Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…
MR Deepwater Subsea, part of the MR Group, has partnered up with Offshore Technical Compliance (OTC) to offer real-time, monitoring, digital pressure testing and BOP Compliance services. Mike Fry, Director of MR Deepwater Subsea, explained that…
UK-based subsea rental equipment and solutions specialist Ashtead Technology has signed an exclusive rental agreement with Aberdeen-based OceanTools, a subsea engineering company.OceanTools specializes in the design and manufacture of underwater technologies…
Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi-based oil and gas giant ADNOC had suspended oilfield services firm Petrofac…
Noreco, TotalEnergies' partner in the Tyra offshore field redevelopment, has announced the sail away of the new Tyra II utility and living quarters unit (accommodation unit) from Ravenna, Italy, where it was built by Rosetti Marino.'The accommodation…
With the passing of the historic infrastructure bill in August 2021, the backbone of the United States will undergo a transformation over the next several years, and for this, workers will be needed in all facets of the construction industry…
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