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…
Norwegian offshore drilling technology and equipment company Enhanced Drilling has, in partnership with offshore drilling contractor Transocean, developed a system called Enhanced Kick Detection (EKD), which enables rapid kick detection in drilling…
Norwegian offshore vessel operator Island Offshore has recently set what it says is a world record with its deep-water installation vessel Island Victory during pre-laying of anchors at Lundin Energy's Solveig field in the North Sea, off Norway…
The UK Gov't has announced Phase 2 of the competition 'Windfarm Mitigation for UK Air Defence,' offering up to £3.6 million ($4,96 million) for technologies that mitigate radar risk of offshore wind farms.'The continued development of wind turbine…
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…
Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February.'The vessel has today been delivered to the new owner…
Southeast Asia-focused oil firm KrisEnergy has yet again delayed the completion date of the proposed farm-out of its entire interest in Block 115/09 offshore Vietnam.KrisEnergy entered into the farm-out agreement with an unnamed international oil major for the Vietnam farm-out back in February 2020…
German offshore vessel operator Opus Marine has acquired two WINDFLEX-27 Crew Transfer Vessels built by Penguin Shipyard, a unit of Singapore-based Penguin International Limited. Incat Crowther, the vessel designer, said that the two vessels…
Offshore energy industry services provider Aqueos has acquired the Sea Scout, a U.S.-built multi-purpose service vessel, targeting renewable industry prospects in the U.S.'The vessel is a specialty built, high speed, shallow draft catamaran…
Green Minerals AS, a recently formed subsea mineral mining company, has signed a letter of intent with a consortium led by Oil States Industries (UK) Ltd.The LoI is for collaboration on a FEED study for a turnkey Harsh Environment Deep Sea Mining…
Chrysaor's first operated well offshore Norway has failed to unearth enough hydrocarbons to warrant development and will be plugged and abandoned.To remind, OKEA, Chrysaor's partner in the offshore license PL973, last week said that the well…
Norwegian offshore services company Reach Subsea said Tuesday it has recently been awarded several contracts and call-offs under frame agreements.The company said it had won the contracts both alone and in partnership with Sweden's MMT.'We now…
Offshore vessel operator Bourbon Subsea Services has won a contract with TetraSpar Demonstrator ApS, to manage the transportation and installation of the 3,6 MW Floating Wind Turbine prototype, off Norway.'This new turnkey stage includes project management…
Norwegian energy company Equinor said Tuesday its Hywind Scotland floating offshore wind farm in the UK has, for the third consecutive year, reached the highest average capacity factor for any wind farm in the UK.With an average capacity factor of 57…
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