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​Deirdre Michie will now become CEO of Offshore Energies UK
Business & Finance

UK oil & gas trade body changing name to reflect drive towards net-zero future

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.

about 4 years ago
Odfjell Drilling
Business & Finance

Odfjell Drilling mulls splitting into two groups to think beyond core services

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

about 4 years ago
TotalEnergies - Kistos
Business & Finance

TotalEnergies selling third of its stake in Greater Laggan Area fields to Kistos

London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies.

about 4 years ago
FAR ponders takeover bid from investment fund
Business & Finance

FAR ponders takeover bid from Australian investment fund

FAR will contemplate an off-market takeover offer from Samuel Terry Asset Management prior to making a recommendation to its shareholders.

about 4 years ago
Jadestone Energy: Offshore regulator checking out Jadestone’s environment plan for drilling ops off Australia
Business & Finance

Regulator assessing Jadestone’s environment plan for drilling off Australia

NOPSEMA is assessing Jadestone Energy’s environment plan for drilling operations at the Stag field, located offshore Western Australia.

about 4 years ago
Aker BP forging digital transformation with tech-savvy firm to enhance oil & gas ops
Business & Finance

Aker BP building data factory in the cloud to improve productivity

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.

about 4 years ago
U.S. offshore rig count in idle mode for two weeks in a row
Business & Finance

U.S. offshore rig count in idle mode for two weeks in a row

The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report.

about 4 years ago
Chevron CEO, Mike Wirth
Business & Finance

Chevron books fourth-consecutive quarterly profit

U.S. oil and gas major Chevron returned to profit in the fourth quarter of 2021 from a loss in the prior-year period.

about 4 years ago
Northern Irish pipeline decom firm targets more oil & gas clients with new facility
Business & Finance

UK pipeline decom firm targets more oil & gas clients with new facility

Northern Ireland-headquartered pipeline decommissioning specialist Decom Engineering has opened a new facility near Aberdeen as it wants to target new North Sea oil and gas clients. The investment valued at more than £250,000 is expected to allow faster deployment of Decom’s assets to clients workin

about 4 years ago
Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’
Business & Finance

Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’

The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.

about 4 years ago
Hafnia
Business & Finance

Hafnia buys 12 Scorpio tankers, closes CTI takeover

Singapore-based tanker owner and operator Hafnia has entered into a framework agreement for the purchase of 12 vessels from Monaco-based counterpart Scorpio Tanker.

about 4 years ago
Gulf of Mexico lease sale
Business & Finance

U.S. judge quashes Gulf of Mexico oil & gas lease sale due to climate impact

U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021.

about 4 years ago
Schlumberger solution to help optimize Northern Lights
Business & Finance

Schlumberger solution to help optimize Northern Lights performance

The Northern Lights joint venture has selected Schlumberger to deliver its DELFI digital platform for the Northern Lights carbon capture and storage project in order to optimize performance in carbon transport and storage. The DELFI cognitive E&P environment will be used to streamline subsurface wor

about 4 years ago
Shell gets thumbs-up to use Transocean rig for drilling ops in Norwegian Sea
Business & Finance

Shell gains approval to use Transocean rig for Ormen Lange drilling

Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.

about 4 years ago
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