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Oil & Gas

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Fossil EnergyRigsAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRegulation & PolicyRules & RegulationLiquefied Natural GasLow-Carbon TransitionTransitionFPSO & VesselsCarbon Capture Usage & StorageEnvironmentEquipmentInfrastructureMarket OutlooksOutlook & StrategyTechnologyDecommissioningSafetyOperations & MaintenanceVessels
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Oil & Gas

With clearance in hand, Shelf Drilling focuses on final rig prep for ops in Norwegian waters

Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit

about 1 year ago
Outer Harbor project site in February 2024; Source: Venice Energy
Oil & Gas

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 1 year ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Oil & Gas

As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal

The sweetened deal South Korea’s shipbuilder Hanwha Ocean made with an 11.67% rise in its final offer seems to have worked its magic, as the independent directors of Singapore-based offshore builder Dyna-Mac have recommended to shareholders to accept the cash offer.

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Oil & Gas

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago
Illustration; Source: BOEM
Oil & Gas

US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

about 1 year ago
Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Oil & Gas

Update: North Sea platform still offline after smoke incident

Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

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

Island Drilling rig makes a stop at shipyard in Las Palmas

Canarship has confirmed the arrival of a semi-submersible rig to the Port of Las Palmas. This rig is owned by Norway’s Island Drilling.

about 1 year ago
FSRU; Courtesy of Hanwha Ocean
Oil & Gas

Japanese giant strikes deal for Singapore’s first FSRU

Mitsui O.S.K. Lines (MOL) has won a long-term time charter contract for a floating storage and regasification unit (FSRU), which will be built by South Korea’s Hanwha Ocean for deployment in Singapore.

about 1 year ago
PSV Skandi Feistein; Source: DOF
Oil & Gas

DOF vessel finds more work with oil major in Australian waters

DOF Group has secured a new long-term assignment for one of its platform supply vessels (PSVs) off the coast of Australia, which enables the ship to remain in the country after wrapping up its five-year job with Esso Australia, an Australian affiliate of ExxonMobil.

about 1 year ago
Rendering of Balder area in North Sea; Source: Vår Energi
Oil & Gas

Six-well North Sea drilling campaign with $690 million price tag coming up next year to unleash more high-value barrels

Vår Energi, together with its partner, Kistos Energy, has greenlighted a final investment decision (FID) for a multi-well project, which aims to develop the next stage of a field life extension project in the North Sea off the coast of Norway.

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

Retrofit and repair projects worth $76 million land on Seatrium’s docket

Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has secured several contracts for repairs and upgrades from multiple partners across several industry segments.

about 1 year ago
Sleipner assets; Source: Øyvind Gravås and Bo B. Randulff/Equinor
Oil & Gas

Smoke incident leads to gas production shutdown at North Sea platform

Equinor has confirmed the appearance of smoke at an unmanned production platform deployed at a gas field in the North Sea off the coast of Norway. As a result, the production was interrupted to carry out the required checks.

about 1 year ago
FPSO Anna Nery; Source: Yinson Production
Oil & Gas

Yinson Production bids welcome to K Line as its new partner in Brazilian FPSO

Yinson Production has wrapped up the sale of a minority stake in an FPSO working on Petrobras’ revitalization project in Campos Basin offshore Brazil.

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

Eni enlists GTT’s tank maintenance skills for FLNG gig

Italy’s oil and gas giant Eni has handed out a contract to France’s technological containment specialist Gaztransport & Technigaz (GTT) for servicing its floating liquefied natural gas (FLNG) unit offshore Mozambique.

about 1 year ago
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