The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in Barents Sea.The permit is for wellbore 7220/5-4 in production license 532, operated by Equinor with 46.4% working interest.Equinor’s partners in the license are Vår Energi and Petoro…
STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed mechanical pipe connectors, aimed at addressing increased demand in the Norwegian oil and gas sector.Titanium is better suited to high-stress corrosive environments found in…
Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp in the Netherlands for its final North Sea destination.The topside is schedule to leave the Dutch port on May 17…
Scotland-based PBS has secured extension of its General Maintenance and Operations Contract (GMOC) with TotalEnergies after the operator exercised an option to retain PBS's services through to the end of April 2027.The GMOC was initially awarded to PBS - a consortium comprising Ponticelli UK…
Italy’s Eni has signed an agreement to enter into a period of exclusivity with investment fund Ares Alternative Credit Management for the sale of stake in Plenitude, its retail and renewables unit.The exclusivity agreement is aimed at negotiating…
DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company.BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms…
Dutch oil and gas services firm SBM Offshore reported a 27% rise in its first-quarter revenue on Thursday, boosted by strong performance across all its segments, particularly in its turnkey unit.The Amsterdam-listed firm, which provides floating production services to the offshore energy industry…
Swedish wave energy developer CorPower Ocean has signed a berth agreement to build a 5 MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland.Scheduled for deployment in 2029, the 5 MW array is expected to become the UK’s largest wave energy project…
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…
Equinor Low Carbon Solutions (Equinor) has drilled two appraisal wells in the North Sea which indicate that the reservoir is suitable for injection and storage of carbon dioxide (CO2).The wells, 32/7-1 and 32/4-4, were drilled in the North Sea about 20 kilometers east of the Troll A platform…
Certek has made a significant investment in GEV Wind Power (GEV), the global specialist services provider to the wind energy industry, as it targets further growth opportunities and international expansion.Based in East Yorkshire, England, GEV provides inspection…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for three wildcat wells in the North Sea.The permit is for wellbore 25/1-14 A, 25/1-14 B and 25/1-14 C in production license 873 B.Aker BP is the operator of the license with 47…
Singapore-based Seatrium has secured a Floating Storage Regasification Unit (FSRU) conversion contract from Höegh Evi, formerly known as Höegh LNG, for the liquefied natural gas (LNG) carrier Hoegh Gandria.The contract covers the conversion and longevity of LNG carrier…
One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola…
Fugro’s Group Director for Europe and Africa Erik-Jan Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated…