Solstad Offshore, a Norwegian company that owns and operates offshore support vessels, has won a contract for the subsea construction vessel Normand Baltic and a contract extension for the subsea construction vessel Normand Navigator.The contracts…
Norway-based Wind Catching Systems, a company behind the design of a multi-turbine floating wind platform, said Monday it had received a technology development grant of NOK 22 million (USD 2.1 million) from the Norwegian government agency Enova…
BP Plc on Monday said it is shutting in production at the Na Kika and Thunder Horse offshore oil platforms in the U.S. Gulf of Mexico, after forecasts indicating Hurricane Ian will strengthen in the next few days into the northeastern Gulf.Hurricane…
UK-based subsea equipment rental and solutions specialist Ashtead Technology has appointed James Christie as the new leader for its Mechanical Solutions service line.Ashtead Technology said that Christie, who is Regional Director for Ashtead…
U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous…
GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…
GMS, a UAE-based owner of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Thursday it had secured a new contract.The company said Thursday that the contract was at improved rates…
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the 'largest and most prospective oilfield in the country'. The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years…
Norway's AF Gruppen has been awarded a decommissioning contract from TotalEnergies EP Nederland for the removal and recycling of 10 platforms in the Dutch sector of the North Sea.The contract includes engineering, preparatory works, removal…
A rig contract for drilling the OMV-operated Velocette exploration well in the Norwegian Sea has been signed, according to partner in the project North Sea oil and gas company Longboat Energy.The company says that Velocette (PL 1016) will be drilled using the semi-submersible Transocean Norge…
The North Sea oil and gas industry is on track to meet early emissions reduction targets after posting cuts of more than a fifth between 2018-21, according to the UK regulator, the North Sea Transition Authority (NSTA). But bold measures will be needed to hit a 2030 goal of halving emissions…
Chinese offshore oil company CNOOC Limited has started oil production from its Kenli 6-1 Oilfield 10-1 North Block Development Project, offshore China.The development project locates in the south of Bohai Sea, with an average water depth of about 19 meters…
Kazakhstan's vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels 'in October at best', Kazakh Energy Minister Bulat Akchulakov told Reuters on Friday.Production at Kashagan…
Lamprell has signed a contract, worth over $200m, and received a full notice to proceed from the developer of the 882MW Moray offshore wind project, off Scotland.The work, first reported March 22 as a capacity reservation agreement, was confirmed by Lamprell on Thursday…
Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…
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