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Tag: Offshore

MDL, TechnipFMC conclude four projects in the North Sea

Oil & Gas
 Maritime Developments Ltd. (MDL) has completed a four-project campaign with TechnipFMC in the North Sea.

Barclays Rejects Arctic Drilling

Oil & Gas
U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing

Norway grants record number of 83 offshore licenses

Oil & Gas
Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf.

Subsea 7 acquires multi-purpose offshore construction and dive support vessel

Subsea Technology
Subsea 7 has finalised the acquisition of Toisa Pegasus, a multi-purpose offshore construction and dive support vessel.

Offshore wind market to reach $50 bln by 2023

Wind Energy
The global offshore wind energy market is expected to develop over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023

BP, Eni Team Up In Pursuit Of Exploration Opportunity In Oman

Oil & Gas
BP and Eni have signed a heads of agreement with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly toward a

Russia gradually cuts oil output in line with OPEC+ deal

Oil & Gas
Russia is slowly decreasing its oil production following the v+ deal and is on track to reach approximately the fifth of the way towards its pledged cut on January

Norway audits Maersk Drilling’s procedures

Oil & Gas
The Petroleum Safety Authority Norway (PSA) and the Norwegian Labour Inspection Authority have audited Maersk Drilling

Oil and Gas in 2019 – A time of Transition

Oil & Gas
During 2018, volatility marked the global oil and gas sector.

Maersk Supply Service to support Chevron’s Gorgon Stage Two

Oil & Gas
Chevron Australia has contracted Maersk Supply Service to support its Gorgon Stage Two drilling programme,

Equinor Closes UK Rosebank Acquisition From Chevron

Oil & Gas
Equinor ASA said Jan. 11 it had completed the acquisition of Chevron Corp.’s stake in the U.K. Continental Shelf project

Rig lined up for North Sea Liberator area wells

Oil & Gas
 Dolphin Drilling has a entered a letter of intent with i3 Energy to provide a semisubmersible rig for a three-well appraisal and development drilling program
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