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DecommissioningFossil EnergyOil & GasRigsSubseaBusiness & FinanceBusiness Developments & ProjectsProject & TendersExploration & ProductionSurveys & InterventionsVessels & VehiclesOutlook & StrategyVesselsLow-Carbon TransitionCarbon Capture Usage & StorageTransitionDeepwater InstallationClean FuelEnergy Efficiency & InnovationEnergy TransitionGreen MarineMethanolCollaborationVisionLiquefied Natural GasOther FuelsProduction & Processing
Courtesy of ANP/Well-Safe Solutions
Decommissioning

Fresh North Sea gig for Well-Safe Solutions’ semi-sub rig

Aberdeen-based decommissioning services provider Well-Safe Solutions has picked up a new assignment in the UK sector of the North Sea, enabling it to provide well operatorship capability for the first time.

about 3 months ago
Uruguay's offshore blocks; Source: QatarEnergy
Fossil Energy

QatarEnergy broadens its oil & gas footprint in Uruguay and Eastern Mediterranean

Qatar’s state-owned oil and gas giant QatarEnergy has taken steps to bring new exploration blocks off the coast of Uruguay into its fold, while sealing a gas cooperation deal in the Eastern Mediterranean.

about 3 months ago
Illustration; Source: Perenco
Fossil Energy

More gas for UK: North Sea wind-powered platform back online after five-year hiatus

Perenco UK (PUK), the Anglo-French oil and gas player Perenco, has brought back online a natural gas field in the UK sector of the North Sea, years after the production taps were turned off.

about 3 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Fossil Energy

Beach Energy shelves well drilling ops, freeing $500M for higher-value projects

Australia’s oil and gas player Beach Energy has dropped its plan to drill and complete a development well or pursue the subsea tie-in to the Otway gas plant, unlocking over $500 million in estimated near term capital to redeploy into higher-return opportunities.

about 3 months ago
Otway Basin assets; Source: Amplitude Energy
Fossil Energy

Drilling ops with Transocean rig pushed forward: New operator taking the helm at Australian gas field

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has set the wheels in motion to take over the operatorship of an offshore gas field in the Otway Basin off the coast of Australia.

about 3 months ago
Reach Subsea charters Solstad vessel for 2+1 Black Sea contract
Subsea

Reach Subsea charters Solstad vessel for 2+1 Black Sea contract

Norway’s Reach Subsea has secured a contract with an undisclosed company for inspection, maintenance, repair (IMR) and light construction services in the Black Sea. The two-year contract has been signed with a charterer that is providing remotely operated vehicle (ROV)-based subsea operations, const

about 3 months ago
Eni
Fossil Energy

Eni and BlackRock’s GIP score over $670 million financing boost to fuel CCS growth

Eni CCUS Holding, a strategic partnership between Italy’s energy giant Eni and Global Infrastructure Partners (GIP), a part of BlackRock, has expanded its financing sources to strengthen its carbon capture and storage (CCS) project platform.

about 3 months ago
Goliat; Source: Var Energi
Fossil Energy

Subsea7 clinches multimillion-dollar deal for Norwegian gas export project

Luxembourg-domiciled Subsea7 has picked up a new assignment with Vår Energi, a Norwegian oil and gas operator, for a gas export project in the Barents Sea off the coast of Norway.

about 3 months ago
Thunder Horse; Source: BP
Deepwater Installation

BP, ExxonMobil set on ramping up production at US Gulf oil & gas platform

UK-headquartered energy giant BP and its U.S.-based partner ExxonMobil have embarked on a quest to boost output at an offshore platform in the Gulf of America (U.S. Gulf of Mexico), thanks to a subsea pump development.

about 3 months ago
Illustration; Source: Weatherford
Fossil Energy

ExxonMobil tasks Weatherford with deepwater job in Nigerian waters

U.S. oilfield services company Weatherford International has been hired on a deepwater integrated completions assignment by Esso Exploration & Production Nigeria Ltd. (EEPNL), an ExxonMobil affiliate, off the coast of Nigeria.

about 3 months ago
Hong Kong firm targets more green methanol from China
Clean Fuel

Hong Kong firm targets more green methanol from China

Hong Kong-headquartered Venture Energy, focused on the procurement and trading of clean fuels, has signed a memorandum of understanding (MoU) with CSSC Science & Technology (CSST) and China Shipbuilding Trading Co. (CSTC) that establishes a long-term offtake framework for green methanol supply. Unde

about 3 months ago
Illustration; Source: Eni
Clean Fuel

Eni pulls off LNG offtake hat trick in Southeast Asia

Italy’s energy giant Eni has lined up three new long-term liquefied natural gas (LNG) supply agreements for its gas project duo in Indonesia, Southeast Asia.

about 3 months ago
Illustration; Source: Archer
Fossil Energy

Archer acquires Scottish firm to expand subsea and rigless P&A capabilities

Oslo Stock Exchange-listed oil services company Archer is set to acquire isol8, a Scottish well technology company focused on alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). The completion of the transaction is expected

about 3 months ago
Illustration; Courtesy of MidOcean Energy
Clean Fuel

New investor dishes millions to join EIG’s LNG arm

The Arab Energy Fund (TAEF), a multilateral impact financial institution, has decided to expand its energy portfolio by investing in MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 3 months ago
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