Oilfield services firm Archer has acquired 65% share of Norwegian energy services company Vertical Service, strengthening its offshore energy engineering portfolio.The consideration for the shares is a combination of $2.38 million (NOK 25 million)…
The Norwegian Offshore Directorate has granted Aker BP a drilling permit to drill a wildcat well in North Sea.The permit is for a wildcat well 24/12-8 S in production license 869, where Aker BP is the operator with 80% working interest, with Var Energy as partner that holds remaining 20%…
Norwegian shipowner Siem Offshore has secured new contracts with TotalEnergies for two of its platform supply vessels (PSV) for work offshore Brazil.The contracts are for Siem Giant and Siem Atlas PSVs.The new duration for Siem Giant is three years firm with options up to four more years…
Offshore drilling firm Noble Corporation has secured a new contract with Prime Energy for its drillship Noble Viking, which will be employed on a three well drilling campaign on Malampaya-Camago field, offshore Philippines.The contract also includes an additional one-well option…
Portuguese oil and gas company Galp has encountered a significant column with light oil at an exploration well being drilled offshore Namibia with Odfjell Drilling’s Hercules semi-submersible rig, marking a second such discovery in PEL 83 block in recent months…
BP PLC said on Thursday it was in talks with the Venezuela and Trinidad and Tobago governments to develop a gas field.BP has been seeking to increase its natural gas production in Trinidad to feed into Atlantic LNG's liquefied natural gas export facility…
Australia's top oil and gas company Woodside Energy has awarded a contract to Subsea 7 for subsea installation services for the Trion development offshore Mexico.Subsea 7 described the contract as large, which means its value ranges between $300 million and $500 million…
Using Baker Hughes’ emissions abatement technology, BP has started quantifying methane emissions from its flares in a new application for the upstream oil and gas sector.With no universally accepted solution to quantifying methane emissions from flares…
Shell weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales and strong demand for gas in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050.The changes…
The Norwegian Offshore Directorate (NOD) has granted Equinor a permit for exploration drilling in North Sea offshore Norway.The permit is for well 15/3-13 S and A, located in the Brokk prospect, at the water depths of 11’ meters.The prospect…
Equinor, on behalf of the partners, is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS for a total of four years.The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2…
Italian energy industry engineering and construction firm Saipem has loaded out the first three topsides for QatarEnergy LNG’s North Field Production Sustainability (NFPS) gas project, located offshore the north-east coast of Qatar.The three topsides…
Shearwater GeoServices has secured two 4D monitoring projects from Equinor for the Mariner field in the UK North Sea and the Heidrun field in the Norwegian Sea offshore Norway.Shearwater will deploy its Isometrix technology for both surveys…
Offshore energy infrastructure construction firm Malaysia Marine and Heavy Engineering (MMHE) has delivered the Central Processing Platform (CPP) topside to oil company SapuraOMV for the SK408W Jerun gas field, located offshore Sarawak in Malaysia…
Perenco has completed the plug and abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.The project was completed without incident, despite the challenging…
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