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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.

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

LLOG expects three field start-ups in 2019

Oil & Gas
LLOG Exploration Co., L.L.C. has provided an update on the status of its recent successes and ongoing projects in the deepwater Gulf of Mexico.

Bibby HydroMap collaborating with Nekton Deep Ocean Research Institute

Subsea Technology
Bibby HydroMap are delighted to announce that the company will be providing survey support to Nekton Deep Ocean Research Institute for their Seychelles Expedition

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

Jan De Nul successfully completes first major umbilical installation project

Subsea Technology
Jan De Nul Group has successfully completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields

Norway awards Equinor exploitation permit for CO2-storage

Oil & Gas
Equinor has been awarded an exploitation permit for CO2-storage on the Norwegian Continental Shelf, according to Norway's Ministry of Petroleum and Energy. 

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
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