The developer of tidal energy projects SIMEC Atlantis Energy announced the formation of a joint venture company with Development Agency for Normandy (AD Normandy) for the purpose of developing a large-scale project in Raz Blanchard, Normandie…
Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets…
U.S. oil producer ConocoPhillips said on Tuesday it would sell a 16.5 percent stake in the Clair field to oil major BP for an undisclosed price. Houston, Texas-based ConocoPhillips will retain a 7.5 percent interest in the North Sea offshore oil field through a unit while BP will hold a 45…
While the notion that maritime transport could be 'zero-carbon shipping' by 2035 may seem fallacy to the majority, a new report reviews the pathways to zero-carbon shipping.According to a new report published by the International Transport Forum at the OECD…
Lundin has started drilling on the Hufsa exploration well in PL533 in the southern Norwegian Barents Sea. The well (7219/12-2) is south of the Filicudi oil discovery and the large Statoil-operated Johan Castberg oil discovery. The…
The P-66 floating production, storage and offloading (FPSO) vessel is on its way to work on the Lula Sul field, in Brazil's Santos Basin, after being delivered by Keppel Offshore & Marine subsidiary Keppel FELS Brasil SA's BrasFELS shipyard…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 6507/3-12 on the Mim prospect in the Norwegian Sea. Statoil is the operator for production licence 159B in block 6507/3 in the Norwegian Sea west of Sandnessjøen…
Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…
Enovate Systems’ Michael O’Sullivan and Stuart Ellison examine the US Bureau of Safety and Environmental Enforcement’s new well control rule and its implications for BOP casing shear rams. Photo from iStock…
BP has renewed its contract with Asco for its Norwegian operations. The supply services contract will be delivered across Norway, providing support in Tananger and Farsund, as well as further services in the northerly base of Sandnessjøen…
Aker Solutions is to 'streamline' its maintenance, modifications and operations (MMO) unit in Norway from four units to one regional unit, the firm announced today. The company said it was taking 'necessary steps to reposition the business…
You’ve found the oil. Now drill into significant cost savings.Having the resources is only the start. It’s knowing how to maximise the potential as cost-efficiently as possible is the key. Based on knowledge gained over 500 global drilling operations…
Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also…
Cumulative offshore wind capacity is forecast to reach 74GW, driven by a large number of developments taking place in the UK, Germany and China and strengthened by the growth of new entrants to the offshore wind sector, such as France and the US…
Subscribe
