Worley Rosenberg in Norway has started construction of platform module for the Valhall PWP-Fenris project, being developed by Aker BP and its partners in the Norwegian part of the North Sea.On January 2, 2024, the first steel cut for the utilities…
Digital solutions are accelerating the progress required to ensure CCS earns its place in climate change mitigation history.Carbon capture has been around since the 90s, but the behavior of CO2 in pipelines is still not that well understood…
Esgian has released its Week 7 Rig Analytics Market Roundup saying “The earnings season for offshore drilling contractors is officially open following Odfjell Drilling's quarterly report on Thursday. Additionally, new contract awards have been confirmed for Borr Drilling…
Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1…
This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their confidence in the strength and longevity of the current upcycle.Report outline:ContractsValaris has confirmed that the contract for the 8…
Offshore drilling contractor Odfjell Drilling announced it has signed an amendment with Aker BP ASA which extends the firm contract for the Deepsea Nordkapp until the end of 2026.The Deepsea Nordkapp—a sixth generation dynamically positioned…
Global Energy Group (GEG) has secured a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development. The work will be executed from the Port of Nigg, a multi-user energy facility in the Cromarty Firth…
Norwegian technology firm Vissim has been awarded a contract by Repsol Norge to implement an upgraded oil spill detection system at the operator’s Yme field on the Norwegian continental shelf (NCS).The new and upgraded radar-based oil spill…
Esgian has released its Week 6 Rig Analytics Market Roundup saying that several new contracts have been confirmed across three major types of offshore drilling rigs and an interesting new joint venture between an operator and a rig owner has been announced…
Three permits given by the Norwegian government to develop new offshore oil and gas fields were found to be invalid on Thursday because their environmental impact was not sufficiently assessed, in a ruling that could set a precedent for new fields…
Esgian's latest market roundup for the fourth week of 2024 brings several updates on new oil discoveries and plans for exploration drilling across the world, together with reports about new contracts and mobilization of rigs. ContractsDragon…
Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…
Investment company McIntyre Partners has purchased the core business of Norwegian offshore energy and marine services provider Moreld Group, consisting of Moreld Apply, Moreld Ross Offshore and Moreld Global Maritime.McIntyre Partners has entered into an agreement with HitecVision…
This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract…
Norwegian oil and gas company Aker BP has started production from Kobra East & Gekko (KEG) development in the Alvheim area, offshore Norway.The KEG development comprises the two discoveries Kobra East and Gekko in licence 203. The field has…