Maersk Reacher jack-up rig : Maersk Drilling wins contract from Aker BP

Pallavi Madhiraju- March 30, 2021 0

Maersk Drilling has won a nine-month contract worth around $33.4 million from Aker BP for the use of its Maersk Reacher jack-up rig at the ... Read More

Sval Energi wraps up $300m acquisition of Edison Norge

Pallavi Madhiraju- March 29, 2021 0

Sval Energi, a Norwegian oil and gas company, has wrapped up its $300 million acquisition of Edison Norge, which controls Italian energy company Edison’s hydrocarbon ... Read More

Ineos Energy to divest Norwegian subsidiary to PGNiG in $615m deal

Pallavi Madhiraju- March 28, 2021 0

Ineos Energy has signed a $615 million deal to divest its oil and gas business in Norway to PGNiG, a Polish state-controlled company. The sale ... Read More

Noble Corporation to acquire offshore drilling company Pacific Drilling

Pallavi Madhiraju- March 28, 2021 0

Noble Corporation, a UK-based offshore drilling contractor, has signed an all-stock deal to acquire Pacific Drilling, a Luxembourg-based ultra-deepwater drilling company. Under the terms of ... Read More

Engineers India, Oil India sign deals to buy BPCL’s stake in Numaligarh Refinery

Pallavi Madhiraju- March 26, 2021 0

Engineers India Limited and Oil India Limited have entered into share purchase agreements (SPAs) for acquiring the stake of 61.65% held by Bharat Petroleum Corporation ... Read More

3t Energy Group wins workforce training contract from Chrysaor

Pallavi Madhiraju- March 25, 2021 0

3t Energy Group has won a contract from UK-based oil and gas firm Chrysaor for handling the training of the latter’s entire UK workforce by ... Read More

NOVATEK secures North-Gydanskiy license area in Russia

Pallavi Madhiraju- March 24, 2021 0

Russian natural gas producer NOVATEK said that its fully-owned subsidiary Arctic LNG 1 has secured the North-Gydanskiy license area in Russia for a one-time payment ... Read More

Oseberg oil field : Vysus Group wins contract from Aibel to support upgrade and electrification

Soujanya- March 22, 2021 0

Vysus Group (previously Lloyd's Register Energy) announced in February, that it had won a contract from Norwegian oil industry company Aibel to support the upgrade ... Read More

DDW Offshore to supply two AHTS vessels to OceanPact Servicos Maritimos

Pallavi Madhiraju- March 21, 2021 0

DDW Offshore has signed bareboat charter agreements with OceanPact Servicos Maritimos for supplying a couple of anchor handling tug supply vessels (AHTS vessels) for a ... Read More

Baker Hughes and Akastor team up to offer global offshore drilling solutions

Soujanya- March 21, 2021 0

Energy technology company Baker Hughes and Akastor, a Norwegian oil-services investment company, have agreed to create a joint venture company for offering global offshore drilling ... Read More