Norwegian oil companies have agreed to a wage deal with three labour unions, preventing any strike action that would have disrupted output, negotiators for both sides said on Friday.Labour unions had said nearly 8% of Norwegian offshore oil and gas workers planned to strike if wage mediation failed, and the industry estimated that this would have cut output by an initial 45,500 barrels of oil equivalent per day…
Petronas, through Malaysia Petroleum Management (MPM), has signed a memorandum of understanding with regional exploration and production operators and Universiti Teknologi Petronas (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery in offshore acreages…
Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…
Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…
Oilfield services firm Archer has signed a share purchase agreement to acquire isol8, a well technology company specializing in alloy-based barrier solutions and advanced materials used in well completions, intervention and plug and abandonment (P&A) operations…
Energy services company Weatherford has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, offshore Nigeria.The contract falls within Weatherford’s Well Construction and Completions portfolio…
Energy services firm EnerMech has signed a multi-year global collaboration agreement with Norway-based technology company Optilift to expand technology-enabled crane and lifting operations across the offshore energy sector.The agreement combines…
Equinor and Aker BP have agreed to swap stakes in several oil and gas fields offshore Norway, as part of a strategic collaboration aimed at increasing production and value creation across selected areas.The companies said the agreement focuses initially on the Troll-Fram…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 15/6-17 in production license 979.The license is operated by Aker BP with 60% working interest, while Equinor holds the remaining 40%…
Technip Energies has received full notice to proceed for a major engineering, procurement and construction (EPC) contract with Commonwealth LNG for a liquefied natural gas export facility in Louisiana.The notice follows the final investment decision (FID) for the 9…
The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…
Konecranes has received an order from Westcon Helgeland, a Norwegian provider of ship repair, rig maintenance and equipment fabrication for the oil industry, for two double girder overhead cranes at its new production facility in Nesna, Norway…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norway-based Envirex Group.The transaction expands OneSubsea’s access to Envirex’s specialized technologies and supports…
DeepOcean has completed its first subsea intervention project with offshore operational leadership managed from shore, carrying out the work for Aker BP at the Idun Nord field in the Norwegian Sea.The operation involved a work-class remotely…
Equinor has awarded Aker Solutions a front-end engineering and design (FEED) contract to prepare the Kvitebjørn platform for production from the Atlantis subsea tie-in project in the North Sea.Atlantis is a gas condensate discovery located about…
