Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but al…
While diving into the evolution journey of its offshore operations model and the implementation of its Fast4ward program, the Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facil…
Norway’s state-owned energy giant Equinor has obtained the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig managed by Odfjell Drilling and ow…
Green light for North Sea drilling ops with Odfjell Drilling-managed rig Read More »
Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headq…
Aker BP picks up clearance for oil & gas drilling ops with Noble rig Read More »
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil pri…