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Oil & Gas

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A large vessel at sea with two smaller vessels behind and next to it
Oil & Gas

Vaalco secures multi-million loan to fund growth projects across assets

Houston-based energy player Vaalco Energy has entered into a revolving credit facility to provide short-term funding for its planned investment programs over the next few years.

about 1 year ago
Against heat and strong sea: Allseas delivers nearshore pipeline for Santos off Australia
Oil & Gas

Against heat and strong seas: Allseas delivers nearshore pipeline for Santos off Australia

Allseas’ recently converted shallow-water pipelay barge has completed nearshore construction activities for the Darwin Pipeline Duplication project being developed by Australian energy giant Santos offshore Northern Australia. The flat-bottom, anchored barge Sandpiper carried out the work to deliver

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Oil & Gas

BP to fast-track tie-backs as drilling ops with Valaris rig unleash more gas

BP has made another gas discovery in the Mediterranean region within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Oil & Gas

EU invites input for workforce transition from oil & gas to renewables

The European Commission is pushing for a workforce shift as part of its Clean Industrial Deal, encouraging offshore oil and gas workers to transition into renewables, mainly offshore wind and ocean energy. Commission President, Ursula von der Leyen said: “Here we need your input. For example, on how

about 1 year ago
Map of blocks offshore Uruguay
Oil & Gas

With 3D reprocessing of asset off Uruguay nearly done, Isle of Man-based firm hoping for 2026 drilling decision

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing being carried out for an exploration block off the coast of Uruguay.

about 1 year ago
Noble Regina Allen jack-up rig; Credit: Noble
Oil & Gas

Noble’s 2013-built rig picks up drilling gig offshore Suriname

Noble Corporation has disclosed a new drilling assignment off the coast of Suriname for one of its jack-up rigs that reportedly wrapped up its assignment with France’s TotalEnergies in Argentina last month.

about 1 year ago
Haiji-2 (for illustration purposes); Source: CNOOC
Oil & Gas

‘Major breakthrough’ in Chinese giant’s exploration ops with new oil & gas pay zone

CNOOC has enriched its oil and gas arsenal with a new hydrocarbon discovery in the Beibu Gulf of the South China Sea.

about 1 year ago
A large vessel at sea
Oil & Gas

Oil field’s production ramp-up on the horizon as Petrobras welcomes new FPSO

Brazil’s state-owned oil and gas giant Petrobras has welcomed a floating production, storage, and offloading (FPSO) vessel owned by the Netherlands-based SBM Offshore destined to work at one of its fields in the country’s pre-salt Santos Basin.

about 1 year ago
Prelude FLNG; Source: Shell
Oil & Gas

Shell gets Australia’s blessing for work on giant offshore gas project

Shell has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for the installation and cold commissioning activities at its natural gas field off the coast of Western Australia.

about 1 year ago
OFAC orders wind down of oil activities in Venezuela; Source: Chevron
Oil & Gas

US order sets date for Chevron to grind oil exports from Venezuela to a halt

Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

about 1 year ago
An aerial view of a port terminal
Oil & Gas

Oil player books three tanks at Odfjell’s growing South Korean terminal

Odfjell Terminals Korea (OTK), a subsidiary of Norwegian shipping company Odfjell, has entered into a multi-year contract with South Korean oil refining and petrochemical company S-Oil for storage at its expanding Ulsan terminal.

about 1 year ago
Whale in the U.S. Gulf of Mexico; Source: Shell
Oil & Gas

McDermott’s wind-up of ops on Shell’s oil project seen as a tribute to ‘ingenuity’

McDermott has crossed the finish line at a deepwater oil project in the U.S. Gulf of Mexico, recently renamed to the Gulf of America by the Trump administration.

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Oil & Gas

Norway sheds more light on recent gas/condensate discovery

After a new hydrocarbon discovery at a prospect off the coast of Norway, which was drilled with a semi-submersible rig owned by Odfjell Drilling, the Norwegian Offshore Directorate (NOD) has disclosed more information about the latest gas/condensate find in the Norwegian Sea.

about 1 year ago
Two contracts for huge Black Sea gas project reel in $10 million for Expro
Oil & Gas

Two contracts for huge Black Sea gas project reel in $10 million for Expro

U.S.-headquartered energy services provider Expro has secured two contracts with Southeastern Europe’s integrated energy player OMV Petrom worth over $10 million for what is said to be the largest natural gas project in the Romanian Black Sea. The contracts described as major involve Expro’s subsea

about 1 year ago
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