DNV GL says its WIN WIN (WINd powered Water INjection) technology is now ready for prototype development after two joint industry projects have shown the concept to be technically feasible and cost efficient. WIN WIN was conceived in 2013 by DNV GL…
Despite a bounce back in exploration activity in 2018, success rates and discovered volumes have dropped, according to a report by UK-based analysts Weestwood Global Energy Group. Westwood’s 10th annual State of Exploration report reviews global…
UK-based well management firm Exceed has secured a two-year contract to support Serica Energy (UK) with its future well operations.Initial operations under the contract will be concentrated on Serica's Columbus development well, which is planned to be drilled in 2020…
French cable firm Nexans has been picked to supply a power umbilical for Equinor's Vigdis subsea boosting station in the Norwegian North Sea.New all-electric actuated subsea boosting station, the industry's first all-electric boosting station…
French subsea firm Forssea Robotics and UK-based Subsea Technology & Rentals (STR) have agreed a global exclusive partnership.The moves follows a partnership formed between the two companies in June last year (2018). As part of the new partnership…
Norwegian exploration and production company DNO says it plans to drill 48 wells this year, the highest number in the company's 48-year history. The drilling program, comprising 25 development/infill wells and 11 exploration/appraisal wells…
Danish rig operator Maersk Drilling has announced what it's calling the first hybrid, low-emission drilling rig, based on the Norwegian Continental Shelf. Through a series of upgrades, Maersk Drilling aims to convert the Maersk Intrepid ultra…
Russian oil company Lukoil has been given state approval for its new absorbent and biotechnology-based oil spill response technologies for Arctic regions. Lukoil says the technologies, on which it has taken out nine patents, have been designed…
Premier Oil has started drilling operations at Natuna, offshore Indonesia, using the jack-up drilling rig HAKURYU-11, according to rig owner Japan Drilling Company (JDC).JDC was awarded a drilling contract by Premier Oil Natuna Sea in November last year…
Denmark's largest energy company Ørsted A/S plans to issue green senior bonds in the UK-market to finance its green growth ambition towards 2025 including the investments in 1,386MW Hornsea Two offshore wind farm.With the bond issuance, Ørsted…
Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M…
The offshore service vessels operator Havila Shipping said that it has entered into charter contract with Axxis Geo Solution AS, an ocean bottom node seismic company, for the platform supply vessel (PSV) Havila Aurora.The Norwegean operator of a number of vessels…
The Malaysian subsidiary of Royal Dutch Shell Sabah Shell Petroleum Company said that it has signed an offshore Master Service Agreement (MSA) with BMT.The three-year agreement will see BMT provide maintenance oil and gas services for the Gumusut-Kakap and Malikai deepwater platforms in Malaysia…
Total greenfield project sanctioning, summed up to the present day, only accounts for 40% of estimated volumes of offshore projects ever being sanctioned, said Rystad Energy, the energy research and consultancy headquartered in Norway.'Likewise…
Global engineering company BMT announced a partnership with Sonardyne to deliver to Subsea 7 its proven ‘Riser Monitoring System’ (RMS).The subsea integrity monitoring solution has been adopted by the world’s largest spar platform, Aasta Hansteen…
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