Recognising the rig’s outstanding performance across all parameters, Shell has chosen Maersk Convincer as Jack-Up Rig of the Year 2020. The rig has now won this award for three consecutive years. Since arriving in Brunei […]
Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions. These modifications will include installation of equipment […]
The Norwegian Petroleum Directorate (NPD) reports that preliminary production figures for January 2021 show an average daily production of 2,137,000 barrels of oil, NGL and condensate. Total gas sales were 10.4 billion Sm3 (GSm3), which […]
TÜV SÜD National Engineering Laboratory has launched its Data Analytics service to help oil and gas operators minimise flow meter downtime and maintenance, significantly lowering operating costs. The total cost of calibrating an offshore flow […]
The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024. With expected length additions of 4,900 kilometres from projects that have […]
In 2020, Equinor purchased goods and services worth NOK 150.8 billion from around 8500 suppliers globally. NOK 112 billion, i.e., 74% of total purchases, went to suppliers with a Norwegian billing address. “During the last […]
Vysus Group (formerly LR Energy), the global engineering and technology company, has secured a framework agreement with the Petroleum Safety Authority Norway (PSA), the government agency with regulatory responsibility for safety in the petroleum sector […]
bp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry. By joining the IBM Quantum Network™ as an Industry Partner, bp will have access to IBM’s quantum […]
The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas during and in the aftermath of a […]
Transocean Ltd. has issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of February 12, the company’s total backlog is […]
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