Fires that crippled two Equinor plants in Norway last year were caused by both technical and human errors, the energy company said on Wednesday, promising to hire and train more staff.A blaze last September at Hammerfest LNG, Europe's only large-scale liquefied natural gas plant…
French oil services group CGG posted a 71% plunge in first-quarter core profit on Wednesday, reflecting a year of drastic spending cuts by the oil industry in the pandemic and sending its shares sharply lower.In a call with analysts, CEO Sophie Zurquiyah said the quarter had been slow as expected…
Oslo-listed offshore vessel operator DOF said Tuesday it had won several contracts in the UK and Norway, but did not share details on the clients and the value.These include turnkey subsea projects within Inspection, Maintenance & Repair (IMR)…
Public Power Corp. (PPC), Greece's biggest electricity utility, is seeking to form partnerships in offshore wind, a top executive said on Tuesday, as the country works to reduce its carbon emissions.The utility wants to shut down all but one…
The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…
Offshore drilling company Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the Norwegian Continental Shelf using the Borgland Dolphin semi-submersible drilling rig.Bjørnar Iversen…
Norwegian offshore vessel operator Eidesvik Offshore has obtained a charter for its seismic vessel Veritas Viking.The charter for the Veritas Viking, according to the Oslo-listed company, is for 130 days, including transit. The contract is with an unnamed third-party operator…
Swedish Alfa Laval has struck a deal to acquire weather intelligence and decision support services provider StormGeo.Alfa Lava, specializing in heat transfer, centrifugal separation, and fluid handling, said the acquisition would accelerate…
Solstad Offshore's subsidiary Farstad Supply has sold its platform supply vessel Far Splendour.According to Solstad, the 74 meters-long vessel was delivered to the new owner on Monday, May 10, 2021.'The sale of the vessel will result in an immaterial accounting effect for Q2-2021…
Norwegian oil firm Equinor has extended the contract with Odfjell Drilling for the use of the Deepsea Atlantic offshore drilling rig.Odfjell Drilling said Monday that Equinor had exercised its options to add one additional well to the Deepsea Atlantic contract…
UK-based offshore decommissioning association Decom North Sea has appointed John Allan, Decommissioning Director at oil company EnQuest, to its Board of Directors.'John’s current role at EnQuest was preceded by 15 years with CNRI. With the majority…
Seacat Services, an offshore support vessel firm, has signed a long-term charter for the catamaran Seacat Magic with Greater Gabbard Offshore Wind Farm Ltd.Greater Gabbard Offshore Wind Farm Ltd. is a joint venture between SSE Renewables (50%) and RWE Renewables (50%) running the namesake wind farm…
Total E&P Denmark has awarded Bilfinger a €40 million (~$48,6 million) contract for inspection services on the offshore assets in Denmark.Starting in July 2021, the contract will run for five years with 2x1-year extension options and will cover all of Total's assets offshore Denmark…
Oilfield services firm Archer has signed an agreement to acquire Norwegian offshore well intervention company DeepWell for NOK 177 million (21,57 million) on a debt and cash free basisDeepWell provides wireline and downhole services to oil companies on the Norwegian Continental Shelf (NCS)…
The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world…
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