Uruguay’s state-owned oil and gas company ANCAP has awarded two offshore blocks in the second instance of the 2022 Open Bidding Round.
Baker Hughes has secured a contract to supply carbon dioxide (CO2) compression equipment to Petronas Carigali’s offshore carbon capture and sequestration (CCS) project in Sarawak, Malaysia, said to be one of the world’s largest projects of its type. Under the contract signed with Malaysia Marine and
TotalEnergies has confirmed the presence of hydrocarbons in an appraisal well in the Central North Sea of the UK Continental Shelf (UKCS).
Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.
With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.
Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.
Due to several ongoing projects, the UK’s Kishorn port (KPL) is currently playing host to giant semi-submersible and jack-up drilling rigs.
BW Offshore has secured a short-term contract extension with Eni for one of its FPSOs for operations offshore Nigeria.
Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.
As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?
While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.
While the oil & gas infrastructure needs to be retired at the end of service life, does this have to be the end for these giant beasts?
Among the top deals, which have been awarded in 2022 are the ones secured by the U.S.-based McDermott and Italy’s Saipem.
In the wake of Russia’s war in Ukraine, the offshore energy industry was thrown for a loop, which resulted in price volatility.
