Westwood Global Energy reports that there were two exploration and one appraisal wells active as of July 28. Key wells in July include frontier play tests at Stovegolvet and Stangnestind, both of which completed. A total of 17 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 41% commercial success rate to date.
Aberdeen-headquartered RigQuip has announced plans to create 120 jobs and invest at least £10m in growth plans over the next five years.
Bristow has announced a series of contract extensions for helicopter operations with Equinor, Shell and Neptune Energy in Norway.
State-owned operator Equinor has celebrated the start of production on the Martin Linge oil and gas field after a big rise in costs.
Westwood Global Energy reports that there were three exploration wells and one appraisal well active as of June 28. In addition, one appraisal re-entry of an exploration well is currently active. Key wells in June include discoveries at King/Prince and Garantiana West and frontier play tests at Stovegolvet and Stangnestind. A total of 14 exploration wells have completed to date in 2021, from which seven commercial discoveries have been made giving a 50% commercial success rate to date.
The Central African Forest Initiative (CAFI) has made a first payment to Gabon for the country’s reduced deforestation.
If energy demand is shifting away from fossil fuels, the most economically rational move for governments is to maximise development of resources now.
The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable in the world.
Could a pleasure craft that once belonged to Libya’s former president Muammar Gaddafi become the world’s first hydrogen-fuelled yacht?
A senior executive at Norwegian energy services company Aker Solutions is expected to be charged today for allegedly making false statements in order to win Petronas licenses in Malaysia.
Private equity player HitecVision has said the North Sea is “anything but mature” as it looks towards major investments in the UK sector.
KCA Deutag has hailed a series of contract awards worth around $550million (£388m) across the UK, Russia and Norway.
Longboat Energy intends to raise £35 million via a share placement to help pay for its spot on an exploration campaign off Norway.
Digital training and software specialist Mintra has found its new CEO in the former head of Aberdeen-based Atlas Knowledge.
Maersk Drilling has received another boost to its contract with Equinor at Martin Linge, adding well intervention work.
The sovereign wealth fund of Norway will vote against the re-election of Total SE’s Patrick Pouyanne as director of the French energy company at this week’s annual general meeting.
Aker Solutions has been awarded a front end engineering design (FEED) contract by Nordic Blue Crude (NBC) for a new e-Fuel facility in Norway.
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Bereaved families of those killed in the Alexander Kielland disaster have said they won’t have peace unless a fresh inquiry is opened.
Norway’s $1.3 trillion wealth fund just made its first investment in clean energy infrastructure, more than a year after it was given the go-ahead to move into the asset class.
Ineos Energy has announced a deal to sell its oil and gas assets in Norway for $615million.
The energy transition is a “political risk nightmare” for hydrocarbon-export reliant states, a new report from Verisk Maplecroft has said.
Equinor has announced the biggest discovery so far this year on the Norwegian continental shelf (NCS).
Baker Hughes and Horisont Energi have entered into a pact for the Polaris carbon storage project off the northern coast of Norway.
Bosses at Longboat Energy are “participating” in a number of acquisition processes as the London-listed firm looks to do its maiden deal.