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Oil & Gas

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Fossil EnergyAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationRigsProject & TendersLow-Carbon TransitionTransitionProduction & ProcessingSeismicSubseaSurveys & InterventionsOutlook & StrategyCollaborationTechnologyLiquefied Natural GasCarbon Capture Usage & Storage
NAM, a Shell-Exxon joint venture, which is paying compensation for homes damaged by seismic activity due to gas extraction in Groningen province, is anticipating the sale of its offshore assets in mid
Oil & Gas

As Shell-ExxonMobil JV awaits divestment of offshore assets, Dutch govt facing lawsuit over gas field closure

NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act

about 1 year ago
Adriatic I jack-up rig; Source: Shelf Drilling
Oil & Gas

Shelf Drilling’s jack-up pair finds more rig work in Nigeria

Shelf Drilling has secured more assignments for two rigs in its jack-up fleet, which will carry out drilling activities off the coast of Nigeria.

about 1 year ago
FPSO Kaombo Norte; Source: TotalEnergies
Oil & Gas

Angola seeks ‘sustainable’ oil & gas exploration to keep its diversification engine running

Angola is determined to continue its hydrocarbon exploration and bring new oil and gas projects online while curbing its greenhouse gas (GHG) emissions footprint and enriching its energy arsenal with renewable energy sources to pave the way for a just energy transition.

about 1 year ago
ExxonMobil, Helleniq Energy begin second phase of seismic research for gas
Oil & Gas

Greece: ExxonMobil, Helleniq Energy begin second phase of seismic research for gas

A consortium of ExxonMobil and Helleniq Energy has commenced the second phase of seismic research at a gas exploration block offshore the Greek island Crete, set to bring the partners toward the final decision for exploration drilling. State company Hellenic Hydrocarbons and Energy Resources Managem

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

Brazilian oil & gas player getting corporate overhaul

The board of directors of Brazilian oil and gas firm 3R Petroleum Óleo e Gás has approved the execution of the protocols and justifications for the merger of its wholly owned subsidiaries Enauta Participações and 3R Operações Offshore.

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

Norwegian oil & gas player cleared to deploy COSL rig for Barents Sea drilling activities

Vår Energi has received the all-clear from Norway’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations at three wells in the Barents Sea.

about 1 year ago
'Sizeable' subsea tieback development job lands on Subsea7's desk
Oil & Gas

‘Sizeable’ subsea tieback development job lands on Subsea7’s desk

Luxembourg-domiciled Subsea7 has secured yet another contract for work in the U.S. Gulf of Mexico, this time for a subsea tieback development with an undisclosed client. Under the contract defined as sizeable, meaning it is worth between $50 million and $150 million, Subsea7 is in charge of transpor

about 1 year ago
KCA Deutag
Oil & Gas

$900 million lands on KCA Deutag’s backlog for cross-geography drilling ops

KCA Deutag has landed multiple new onshore and offshore drilling assignments and extensions, spanning different continents, which expands its total backlog by $900 million.

about 1 year ago
UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Saba
Oil & Gas

Two companies seal deal to boost Sabah’s commercial diving ops

UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Sabah, Malaysia. The agreement, signed by PETRODIVE’s CEO, Stéphane Troté, and Seatech’s Managing Direc

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Oil & Gas

Shell’s new solar-powered platform with 20-year design life on its way to offshore gas field (Gallery)

Shell is setting all the puzzle pieces together to kick off production from a natural gas development off the coast of Malaysia. The latest milestone in this project comes with the jacket and topside sail-away events for an offshore platform specifically built for the project and designed to run on

about 1 year ago
An aerial view of an LNG terminal
Oil & Gas

Partners exploring viability of France’s CO2 transport and liquefaction network, eyeing 2030 completion date

Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied natural gas (LNG) operator Elengy has launched feasibility studies for the project in partnership with compatriot Société du Pipeline Sud-Européen (SPSE), a player

about 1 year ago
MHB has secured award for conversion works of a MPDU into a mobile WIF; Source: MHB
Oil & Gas

Rig getting new lease on life as water injection unit for more sustainable oil recovery

MHB has landed a conversion deal to breathe new life into a mobile offshore drilling unit (MODU) by turning it into a water injection facility (WIF) designed to optimize reservoir pressure, enhance oil recovery rates, and reduce environmental impact.

about 1 year ago
An offshore rig and a vessel at sunset
Oil & Gas

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

about 1 year ago
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Oil & Gas

Woodside enriches US liquefied natural gas arsenal with $900 million acquisition

Woodside has wrapped up the expansion of its liquefied natural gas (LNG) portfolio with the completion of the acquisition of Tellurian, a U.S.-based natural gas player.

about 1 year ago
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