Danish offshore oil and gas drilling company Maersk Drilling is stepping up its efforts to reduce emissions associated with its drilling operations.It in June joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities…
Spanish Foreign Minister Arancha Gonzalez Laya said on Tuesday she hopes the will shown by Turkey to open a dialogue on oil drilling in the Eastern Mediterranean will be followed by action.Turkey is at loggerheads with Greece and Cyprus over overlapping claims for offshore reserves…
Israel's Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to 47% from 16%.Navitas had partnered with U.S. oil firm LLOG and Blackstone's portfolio…
Oil and gas company OMV has reduced the size estimated of its Hades gas/condensate discovery made in 2018 in the Norwegian Sea, following the drilling of an appraisal well.The company had previously estimated that the size of the discovery between…
Spain's foreign minister said that talks in Turkey on Monday had helped to reduce tensions between some European Union members and Ankara over Turkish energy exploration in the Mediterranean, adding that a one-month pause in drilling was possible…
U.S. energy firms cut the number of oil and natural gas rigs operating to a record low for a 12th week in a row, although they added one oil rig in the first weekly increase since March as a recovery in crude prices tempt some producers back to the well pad…
U.S. Gulf of Mexico-focused oil and gas company has informed that the Enterprise 264 jack-up rig has moved to a location near its SM58G platform offshore Louisiana.The drilling rig was last week moved to its recently installed South Marsh Island 58 G location…
The Norwegian authorities on Wednesday granted oil company Aker BP consents to use the Maersk Integrator and Deepsea Nordkapp drilling rigs at the Ivar Aasen and Alvheim fields, respectively.At the Ivar Aasen field in the North Sea, Aker BP…
India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.Deepwater is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However…
Offshore engineering and services firm Claxton, part of Acteon, has signed a master services agreement with the Norwegian oil company Aker BP.Under the MSA, Claxton will provide its range of drilling support services and asset life extension and decommissioning equipment and services…
Services firm Petrofac says it has implemented its SkillsVX learning and competency software for offshore drilling contractor Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.The implementation involved…
Oil firms are expected to drill about 40% fewer exploration wells off Norway in 2020 than originally planned because of the impact of the COVID-19 pandemic, the industry regulator said on Friday.The Norwegian Petroleum Directorate (NPD) also…
Dutch offshore services provider Fugro has started a marine site characterization campaign for Swedish wind developer Vattenfall at two major offshore wind development sites located over 40 km off the coast of Norfolk, UK.'The resulting Geo…
Denmark-based offshore drilling company Maersk Drilling has secured an additional one-well contract from Aker BP for its jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig - which Maersk Drilling says is…
Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship.While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling (MPD) system was…