Equinor has exercised an option for a batch of eight wells to extend the use of the Odfjell Drilling’s Deepsea Aberdeen rig on the Norwegian Continental Shelf.The exercised options are planned to start in the fourth quarter of 2025 in direct…
North Star has secured debt investment of up to $543 million (£425 million) to fuel the next phase of its European offshore wind expansion, setting the target to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.The committed…
Norwegian energy firm Equinor has made an oil discovery while drilling the well at the Svalin field in the North Sea, using Odfjell Drilling’s Deepsea Aberdeen rig.The oil discovery was made in well 25/11-H-1 H in production license 169. Equinor is the operator of the license…
Ocean services provider DeepOcean has been awarded a significant recycling project from an international operator, to be executed on the UK continental shelf.DeepOcean's Aberdeen office will oversee project management and engineering operations…
Offshore services firm Subsea7 has secured a ‘sizeable’ contract from oil and gas operator Serica Energy for the for the Belinda field development south-east of the Triton FPSO in the UK North Sea.The contract scope includes project management…
Esgian provides an update on rig sales and the shrinking pool of vintage semisubs in its Week 22 Rig Analytics Market Roundup.Report SummaryContractsNoble Corporation has secured a new well intervention contract with Harbour Energy in UK waters of the North Sea for the 350-ft jackup Noble Resilient…
Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil $22.5 billion, the latest in a series of mega-deals in the energy industry.The U.S. oil and gas industry has been riding a consolidation wave over…
North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm in UK.Cochin Shipyard has been confirmed to build the SOV of VARD 4 19 design for North Star’s growing fleet…
UK-based tech-powered offshore wind solutions provider Rovco and its robotic spin-off company Vaarst have unveiled plans to recruit over 150 specialist subsea roles across by the end of 2025.Rovco said it will recruit over 100 new roles across its Aberdeen and Edinburgh offices…
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10…
It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern…
Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…
Engineering consultancy Wood has secured a new decarbonization contract from TotalEnergies to support flare gas recovery in the North Sea.The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood's successful…
The technical issue, which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development, has been identified with repair works currently ongoing as the timeline for reaching Tyra II full technical capacity gets delayed for the third quarter of 2024…
UK-based offshore energy supply chain company Balmoral Comtec has secured a multi-million-dollar contract from for Ørsted for the supply of cable protection systems (CPS) for its Hornsea 3 offshore wind project.The scope of work includes design…
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