Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…
Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…
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…
The Norwegian autonomous underwater vehicle provider Argeo has been granted a loan of NOK 20 million (~$2 million) from Innovation Norway.Argeo said the yield is 6,2%, the duration is six years, and the loan is on certain conditions. Trond Crantz…
Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…
MTN South Africa and MTN GlobalConnect, in partnership with a consortium, have landed a 45,000-kilometer subsea cable in South Africa, part of plans to build a subsea network to connect African countries to Europe and the Middle East.Africa's…
Oil and gas company Wintershall Dea, with its partners Petoro and Sval Energi, have filed a plan for development and operation for the Dvalin North field in the Norwegian Sea.According to the partners, the Dvalin North, which they describe as the largest discovery in Norway in 2021…
The Norwegian oil and gas company Equinor has started production from the Askeladd offshore field in the Barents Sea.The first phase of Askeladd will bring 18 billion cubic meters of gas and two million cubic meters of condensate to the market via the Hammerfest LNG plant on Melkøya…
Controls technology company Proserv said it has signed an agreement with Aberdeen-based sand and erosion monitoring, analytics and management experts SMS. The deal sees SMS become the exclusive agent and representative for Proserv’s sampling activities across Malaysia…
Havfram Subsea has appointed Gregor Scott as Managing Director for the company’s UK operation.Over the last 10 years, Scott has held commercial and leadership roles within the Havfram organization, and as Managing Director (UK) he will assume…
UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…
Subsea services provider DeepOcean has signed a collaboration deal with Akvaplan-niva regarding the potential utilization of remotely operated vehicles (ROVs) and unmanned glider vehicles (USVs) to perform environmental studies for offshore wind and oil and gas developments…
SSE Renewables has informed that 75% of the jacket foundation substructures have been installed at the Seagreen offshore wind farm site. SSE Renewables is developing the wind farm in partnership with the French firm TotalEnergies.'We’re celebrating a new milestone at Seagreen…
Oilfield services giant Halliburton said this week it had successfully installed 'the industry's first' single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil - a feat the company describes as a significant achievement in downhole electric completion technology…
Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new advanced composites facility at Montrose Port.The company said it had invested a 'seven-figure sum' in the 18,299 sq.ft (1700 sq.m) quayside…