The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…
The family of the British national killed by a colleague on an offshore rig in Qatar last week has issued a statement confirming the identity of the deceased, describing him as 'an amazing, one-of-a-kind, beautiful soul.'The man has been identified as 38-year-old Robert Robson…
The UK offshore energy regulator, the North Sea Transition Authority (NSTA), has fined oil companies EnQuest, Equinor, and Spirit Energy a total of £265,000 (currently around $323,533) for 'behavior that risks the industry’s drive to cut emissions and bolster the UK’s energy security…
The Norwegian offshore seismic survey company PGS has secured pre-funding to expand MultiClient 3D coverage offshore Malaysia's Sabah.The company's 102.2-meter-long, 40-meter-wide Ramform Sovereign vessel will start the 3,500-square-kilometer survey in January 2023 and finish it in March…
Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.The reported oil workers’ protests, which Reuters could not verify, come…
Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…
Offshore accommodation company Floatel International has been awarded a contract by Aker BP ASA for two simultaneous projects in the Norwegian sector of the North Sea, where two accommodation support vessels will be required. The contracts follow…
Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…
Qatar Energy has sold five cargoes of al-Shaheen crude loading in February at premiums of between $1.30 and $1.50 a barrel to Dubai quotes via its monthly tender, two trade sources said on Friday.The premiums are the lowest since June 2021 and…
South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group…
Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship.The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension…
Norwegian oil firm Aker BP and its partners will invest more than 200 billion crowns ($20.5 billion) to develop several oil and gas fields off Norway in the coming years, the company said on Friday. Aker BP and other oil firms working off Norway…
Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras…
Shipbuilder Marco Polo Marine's Taiwan-based subsidiary, PKR Offshore, has signed a deal with wind turbine maker Vestas Taiwan Co., Ltd, for the maiden deployment of its new Commissioning Service Operations Vessel (CSOV).The new CSOV, which will be able to accommodate up to 110 persons…
The Höegh Esperanza floating storage and regasification unit (FSRU), for Germany's first LNG terminal, has arrived in Wilhelmshaven, Germany, Uniper has informed.'The arrival of the FSRU marks an important milestone shortly before the opening of Germany's first LNG terminal on December 17…
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