The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for three wildcat wells in the North Sea.The permit is for wellbore 25/1-14 A, 25/1-14 B and 25/1-14 C in production license 873 B.Aker BP is the operator of the license with 47…
One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola…
Fugro’s Group Director for Europe and Africa Erik-Jan Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated…
Danish vessel owner ESVAGT and South Korean shipping firm KMC Line have signed an agreement to establish a new joint venture KESTO, dedicated to the growing South Korean offshore wind market.Through a joint venture partnership with KMC Line…
Fugro has secured contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms, a major initiative led by RWE and Masdar to develop one of the U.K.'s most powerful offshore wind energy projects…
Norwegian seismic firm TGS has started detailed seabed geophysical surveys for the eastern array of the proposed Dogger Bank South offshore wind farms for RWE and Abu Dhabi Future Energy Company - Masdar.The site investigations will enhance…
U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd)…
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…
Offshore drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five-well contract with an undisclosed client is expected to start in the third quarter 2026…
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…
Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco for non-drilling purposes highlights a key issue in the drillship market: What happens to cold-stacked rigs that are unlikely to return to work? With the floater…
Offshore drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its previous fleet status report published mid-February 2025.Valaris’ contract backlog, excluding lump sum payments such as mobilization fees and capital reimbursements…
The Norwegian Offshore Directorate has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/1-14 in production license 873 B, which is operated by Aker BP, with a 47.7% working interest.Aside from Aker BP…
