Norwegian oil and gas firm OKEA has entered into an agreement with Harbour Energy Norge to farm-in to a 20% working interest in Alpehumle license, located north of Gjøa, offshore Norway.OKEA’s position in the greater Gjøa area is strengthened by the farm-in of Alpehumle, located approximately 35 km north of the Gjøa platform in the North Sea.Effective date for the transaction is January 1 2025, said OKEA…
Koil Energy Solutions, an international specialist in subsea equipment and services, has secured a significant contract, which includes the supply of control equipment for a subsea isolation valve system.The purpose of the system is to protect…
Renewable energy consultancy OWC has secured cable engineering support job for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
Peru's oil regulator expects to complete the bidding process for an offshore area in the Talara basin by November, an executive said on Wednesday.The lot Z69 was put on offer earlier this year.Peru has a total of 54 onshore and offshore areas…
Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs and confirmed the start of operations for one of its rigs offshore Mexico.In the North Sea, Borr Drilling’s Prospector 1 jack…
Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…
The US Department of the Interior is updating oil and gas commingling rules to align with the One Big Beautiful Bill Act.Commingling is the practice of combining oil or gas production from two or more sources into a single stream for measurement and processing…
UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…
Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.The recoverable volume is estimated at 96–134 million barrels of oil equivalent (mmboe)…
Brazilian oil regulator ANP will offer seven blocks in an upcoming auction for areas to explore in the country's offshore pre-salt region, set to happen on October 22, it said in a statement on Wednesday.Bidding will be opened for Jaspe, Citrino…
Robosys Automation is leading Project ORACLES, a venture which it says will transform the environmental consenting process for offshore wind farms.Currently the data collection process for environmental monitoring at proposed offshore wind sites is labor-intensive…
Kent has been awarded a new technical advisory services contract by the Australian Government to support the permanent plugging and abandonment of the Laminaria-Corallina oil fields in the Timor Sea.The contract also includes advisory services…
ConocoPhillips Skandinavia has awarded Halliburton a contract to deliver comprehensive well stimulation services to improve well performance and reservoir productivity.The contract spans five years and includes three optional extension periods…
The tow and barge industry is, to put it kindly, a conservative industry built on a traditional way of doing things. But times are changing, and the need for digital solutions to help track and verify cargoes – particularly in the high-value energy market – is becoming mandatory…
Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared to completely remove humans from entering tanks during cleaning activities.“This robotic solution marks a turning point for the offshore industry…
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