OGUK: Over $4 bln of lost investment during pandemic threatens net-zero future
Oil & Gas UK (OGUK), the representative body for the UK offshore oil and gas industry, has stated that securing and sustaining investment in the sector was critical to helping the UK quickly...
View ArticlePGS wins 3D survey job in Barents Sea
Norwegian seismic player PGS has been awarded a 3D exploration survey by Lundin Energy Norway in the Barents Sea, where sparse node and high-density multisensor GeoStreamer seismic will be acquired...
View ArticleNewly formed 3t EnerMech to train Mozambique oil and gas workers
3t EnerMech, a strategic alliance between 3t Energy Group and EnerMech, has inked a ‘significant’ contract with the UK Government to shape future training requirements for Mozambique’s growing oil and...
View ArticleAcorn CCS and Hydrogen project gets over $43 million in government funding
Scotland took a step closer to its net-zero carbon goals with the announcement of over £30 million ($41.7 million) of UK Government funding for initiatives linked to the Acorn carbon capture and...
View ArticleSparrows scores hat-trick in Angola’s deepwater region
Sparrows Group has secured one contract renewal and two extensions, worth a seven-figure sum, in Angola to support major operators in the deepwater region. The post Sparrows scores hat-trick in...
View ArticleSolstad sells two laid-up anchor handlers
Norwegian vessel owner Solstad Offshore has sold and delivered to a new owner two of its anchor handling tug and supply vessels. The post Solstad sells two laid-up anchor handlers appeared first on...
View ArticleOdfjell rig lands more work with Equinor
Offshore rig owner Odfjell Drilling has been awarded more work for one of its semi-sibmersible rigs from Equinor in Norway. The post Odfjell rig lands more work with Equinor appeared first on Offshore...
View ArticleSubsea Viking set to sail under new Seabed Geosolutions contract
Norwegian offshore vessel owner Eidesvik Offshore has been awarded a new contract by Seabed Geosolutions under the master time charter agreement for Subsea Viking vessel. The post Subsea Viking set to...
View ArticleSerica Energy spuds Columbus well off UK
Oil and gas company Serica Energy has started drilling the Columbus well located in the North Sea using a Maersk Drilling-owned jack-up rig. The post Serica Energy spuds Columbus well off UK appeared...
View ArticleUK gov’t supports HyNet carbon capture storage project with over $45 million
Italian oil company Eni has revealed that the UK Government granted £33 million ($45.85 million) to support the HyNet project focused on the decarbonisation of the industrial district in the North-West...
View ArticleZentech gets new job linked to jack-up rig conversion for BW Energy
Houston-based Zentech has been awarded a contract by BW Energy related to a conversion of a jack-up rig to an offshore installation. The post Zentech gets new job linked to jack-up rig conversion for...
View ArticleAshtead Technology, OAP partner up for Total job in Angola
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its first marine services project in West Africa for Total, securing additional work from the French oil...
View ArticleAker Solutions, Heerema to decom Equinor’s Heimdal and Veslefrikk fields
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor's Heimdal and Veslefrikk fields off...
View ArticleDOF finds long-term jobs for platform supply trio
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana. The post DOF finds long-term jobs for platform supply...
View ArticleShell and Eni acquitted in Nigeria corruption case
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago. The post Shell and Eni acquitted in Nigeria...
View ArticleVantage Drilling cuts quarterly loss but sees red ink in 2020
Vantage Drilling managed to cut its losses in the last quarter of 2020 when compared to the same period in 2019 despite lower revenues. The post Vantage Drilling cuts quarterly loss but sees red ink in...
View ArticleHess offloads Denmark assets to Ineos for $150 million
Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million. The post Hess offloads Denmark assets to Ineos for $150...
View ArticleOil market future uncertain after rebound from Covid-19 shock, IEA says
Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says. The post...
View ArticleTwo Akastor vessels to be sold after two-year job with Petrobras
Akastor's subsidiary, DDW Offshore, has entered into bareboat charter agreements with OceanPact Servicos Maritimos for two AHTS vessels. The post Two Akastor vessels to be sold after two-year job with...
View ArticleKinsale decommissioning preparations in full swing
PSE Kinsale Energy is preparing for the decommissioning campaign of its Kinsale area gas field located in the Celtic Sea off Ireland. The post Kinsale decommissioning preparations in full swing...
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