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Oil & Gas

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DecommissioningFossil EnergyBusiness Developments & ProjectsOperations & MaintenanceLiquefied Natural GasProject & TendersBusiness & FinanceExploration & ProductionOutlook & StrategyAuthorities & GovernmentRegulation & PolicyBiofuelsClean FuelFPSO & VesselsMethanolOffshore WindSubseaVesselsVessels & VehiclesEnvironmentGreen MarineInnovationTransitionVisionSafetyRigsLow-Carbon TransitionSurveys & InterventionsCollaborationHuman CapitalMarket OutlooksResearch & Development
An offshore platform onboard a barge during maritime transport
Oil & Gas

Decade-long decom ops at Shell’s UK oil & gas field enter home stretch as final mammoth topside is skidded quayside

The last remaining topside from a Shell-operated oil and gas field situated northeast of the Shetland Islands has been lifted to the quay by Dutch heavy lifting and transport provider Mammoet.

about 1 year ago
An illustration of two plants on the coast
Oil & Gas

Contractor selection brings US LNG terminal closer to FID

Texas LNG, a subsidiary of Glenfarne Energy Transition, has selected compatriot construction and engineering services provider Kiewit to lead the engineering, procurement, and construction (EPC) of its proposed liquefied natural gas (LNG) terminal in Texas’ Port of Brownsville. Kiewit’s subsidiaries

about 1 year ago
Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025
Oil & Gas

Ongoing data reprocessing program at block off Uruguay to back farmout process targeted for mid-2025

Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) is carrying out a data reprocessing program at a shallow water exploration block off the coast of Uruguay, expected to back a formal farm-out process anticipated to commence in mid-2025. A program of reprocessing work is unde

about 1 year ago
Offshore rigs
Oil & Gas

Oil & gas license duo offshore Denmark formally changes hands following approval by Danish Energy Agency

The Danish Energy Agency (DEA) has cleared the transfer of ownership shares in two oil and gas licenses in the Danish sector of the North Sea.

about 1 year ago
Sea1 orders two methanol-ready offshore energy support vessels from China
Oil & Gas

Sea1 orders two methanol-ready offshore energy support vessels from China

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s

about 1 year ago
An offshore rig
Oil & Gas

Production sharing contracts inked for two shallow-water blocks offshore Gabon

The partners behind two exploration blocks in shallow waters offshore Gabon have signed production sharing contracts (PSCs) with the country’s Petroleum Minister and Minister of Economy.

about 1 year ago
Shell pauses Gulf of Mexico drilling, transfers personnel to shore due to hurricane forecast
Oil & Gas

Shell pauses Gulf of Mexico drilling, transfers personnel to shore due to hurricane forecast

UK-headquartered energy giant Shell has paused certain drilling operations and began transferring non-essential personnel to shore from its Gulf of Mexico assets amid disturbance likely to become a hurricane. Shell reported on Monday, November 4, that it had started transferring non-essential person

about 1 year ago
Deepsea Mira rig; Source: Odfjell Drilling
Oil & Gas

TotalEnergies embarks on high-impact exploration drilling ops offshore Namibia

TotalEnergies has kicked off drilling activities at an exploration well close to previously made light oil discovery in the prolific Orange Basin off the coast of Namibia with a semi-submersible rig owned by Northern Ocean and managed by Odfjell Drilling.

about 1 year ago
North Sea; Source: OEUK
Oil & Gas

Wheels up to change rules of oil & gas game in UK waters while windfall tax hike gets green light

The United Kingdom (UK) plans to embark on consultations to come up with new environmental guidance for offshore oil and gas projects in the aftermath of the recent Supreme Court ruling.

13 minutes read
Two men sitting at a desk with two women standing behind them
Oil & Gas

TotalEnergies supplying Sinopec with LNG well into 2040s

France’s energy giant TotalEnergies has inked a heads of agreement (HoA) with China Petrochemical Corporation (Sinopec) for a multi-year sale of liquefied natural gas (LNG).

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Oil & Gas

Stena Drilling drillship comes to spud Chevron’s prospect in West Mediterranean as Egypt anticipates oil & gas growth with further exploration

Stena Drilling has brought one of its drillships back to Egyptian waters to embark on a drilling assignment with Chevron in the mostly unexplored West Mediterranean (West Med) blocks off the coast of Egypt.

about 1 year ago
Argeo signs eight-year data agreement with Suriname’s oil & gas regulator
Oil & Gas

Argeo signs eight-year data agreement with Suriname’s oil & gas regulator

Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases ove

about 1 year ago
An engineer wearing safety harness onboard a vessel
Oil & Gas

Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali

about 1 year ago
Chevron's Anchor deepwater project in Gulf of Mexico; Source: Chevron
Oil & Gas

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th

14 minutes read
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