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Oil & Gas

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An offshore platform
Oil & Gas

Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Oil & Gas

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
Middle East and Guyana on schedule for Saipem under two contracts worth $720M
Oil & Gas

Middle East and Guyana on schedule for Saipem under two contracts worth $720M

Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r

about 1 year ago
The Switch
Oil & Gas

US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza

The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.

about 1 year ago
LNG terminal at night
Oil & Gas

Sempra divesting ‘non-core’ assets to focus on US utilities

North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities.

about 1 year ago
FPSO Cidade de Vitória; Source: Saipem
Oil & Gas

Brazilian oil & gas asset to continue offshore production phase until 2042

BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.

about 1 year ago
COSL Innovator rig; Source: COSL
Oil & Gas

COSL rig spuds last well on its North Sea list with Serica

Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).

about 1 year ago
An LNG terminal
Oil & Gas

MET Group appoints new head to oversee LNG growth

Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.

about 1 year ago
Aras Driller jack-up rig; Source: Ocean Oilfield
Oil & Gas

44-year old rig crosses the finish line at offshore drilling job in UAE

Ocean Oilfield Integrated Solutions has confirmed the completion of an offshore drilling assignment, which one of its jack-up rigs carried out off the coast of the United Arab Emirates (UAE).

about 1 year ago
Japanese players join forces to expedite CCS project development
Oil & Gas

Japanese players join forces to expedite CCS project development

Japan’s Inpex Corporation and Kanto Natural Gas Development have established a joint venture (JV) to accelerate research and planning in relation to a carbon capture and storage (CCS) project commissioned by the Japan Organization for Metals and Energy Security (JOGMEC).

about 1 year ago
Trion development concept; Source: Woodside
Oil & Gas

Big win for SLB as ‘major’ AI-enabled deepwater oil drilling gig lands on its task list

SLB has tucked a multi-well drilling assignment, which will incorporate artificial intelligence (AI), under its belt at a deepwater oil project 30 kilometers south of the Mexico-U.S. maritime border, which Australia’s energy giant Woodside operates.

about 1 year ago
A ship at an LNG terminal
Oil & Gas

Shell expands LNG portfolio with acquisition of Singaporean firm

Shell Eastern Trading has completed the acquisition of Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek.

about 1 year ago
An offshore rig
Oil & Gas

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.

about 1 year ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Oil & Gas

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl

about 1 year ago
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