BP and Eni said on Wednesday they had entered into talks to merge their oil and gas operations in Angola to form one of Africa's largest energy companies.The two companies have signed a non-binding memorandum of understanding and are in discussions…
Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.The contract is expected to start in December 2021, in direct continuation from the rig's current scope for Aker BP…
Norway-focused oil and gas company Aker BP, said Wednesday it had, through a newly formed subsidiary Aker BP UK, farmed into an offshore block in the UK North Sea.Aker BP UK has entered into an agreement with Eni UK to take over a 50 percent interest in licence P2511 on the UK Continental Shelf…
Oil and gas company Apache Corporation on Wednesday appointed Lamar McKay, former BP upstream chief, to its board of directors.McKay, 62, served as the chief transition officer of BP p.l.c. (BP) from October 2019 until his retirement in December 2020…
Norway's Aker BP could expand its oil and gas business to other countries if it comes across competitive opportunities abroad, its chief executive told Reuters on Thursday.Any move to invest outside its native Norway would be a change of strategy for Aker BP…
Norway's Aker BP will raise output by 70% by 2028 to more than 350,000 barrels of oil equivalent per day (boepd), the independent oil and gas firm said on Thursday, sharply lifting its investment target.Capital spending will increase to $2.2 billion-$2…
UK-based Premier Oil has announced the proposed appointment of Alexander Krane as Chief Financial Officer.Krane will be appointed with effect from the later of completion of the merger with Chrysaor and April 15, 2021. He will replace Richard…
Norwegian company Solstad Offshore has won charters for two of its platform supply vessels in Norway.The offshore vessel owner said Monday that its platform supplier 'Normand Serenade' has won a medium-term contract with Wintershall Dea to support…
Norway's Simon Møkster Shipping has won a new contract for its Stril Mariner offshore vessel.The contract, starting this month, is with the Norwegian oil company Aker BP. The vessel is expected to stay with Aker BP for three months.Stril Mariner…
Norwegian oil company Aker BP has signed a deal with the recently established Aker Offshore Wind, to speed up the process of decarbonizing oil and gas assets and realizing offshore wind in Norway at large scale.Astrid Skarheim Onsum, Chief Executive Officer of Aker Offshore Wind…
Danish drilling company Maersk Drilling has won more work for its low-emission, harsh-environment jack-up drilling rig Maersk Integrator.The Norwegian oil company Aker BP has awarded the rig an additional one-well contract, to drill the Ula F – Producer 1 well at the Ula field…
Denmark-based offshore drilling company Maersk Drilling has secured an additional one-well contract from Aker BP for its jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig - which Maersk Drilling says is…
Norwegian oil firm Aker BP and its partners plan to invest more than 50 billion Norwegian crowns ($5.30 billion) in the NOAKA development off Norway, the company's chief executive said on Tuesday.The NOAKA area located between the Oseberg and…
With reports this week that a broad majority in the Norwegian Parliament supports proposed tax breaks to help the oil and gas industry affected by low oil prices, oil industry is responding and promising investments.On the back of the stimulus from the government in the form of temporary tax breaks…
British oil major BP has terminated the contract with the Norwegian offshore survey company EMGS for a survey in Senegal and Mauritania, where it operates the Tortue Ahmeyim offshore development. As previously reported, EMGS had mobilized its Atlantic Guardian vessel…