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Oil & Gas

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Fossil EnergySubseaBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageCollaborationTransitionRigsAuthorities & GovernmentRegulation & PolicyExploration & ProductionDecommissioningVessels & VehiclesProject & TendersVesselsEnvironmentFPSO & VesselsLow-Carbon TransitionDeepwater InstallationLiquefied Natural GasPipesInfrastructureTechnologyMarket OutlooksOutlook & StrategyRules & Regulation
Port of Rotterdam through which Porthos pipeline will run; Source: Port of Rotterdam
Oil & Gas

Porthos in the making: New construction steps setting the stage for first Dutch large-scale North Sea carbon transport and storage project

With the infrastructure buildout phase underway, the foundation stone has been laid down for the first large-scale Dutch carbon capture and storage (CCS) project.

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corporation
Oil & Gas

Noble and Diamond Offshore days away from becoming one as final regulatory approval slides into place

Noble Corporation and Diamond Offshore have managed to get all regulatory requirements out of the way, thus, their business combination is anticipated to be completed in a couple of days.

about 2 years ago
FPSO Norne; Source: Equinor
Oil & Gas

Norway’s DNO building up oil & gas portfolio through new acquisitions and drilling ops

DNO has been stockpiling its oil and gas arsenal by pursuing acquisitions of offshore fields and searching for more hydrocarbons on the Norwegian Continental Shelf (NCS).

about 2 years ago
CTV Skandi Hercules; Source: DOF
Oil & Gas

DOF lines up another assignment in Asia Pacific thanks to decom gig for 2010-built vessel

DOF Group has won a new subsea deal in the Asia Pacific (APAC) region for one of its multi-purpose subsea vessels with construction support vessel (CSV) features.

about 2 years ago
FPSO Western Isles; Source: Jersey Oil & Gas
Oil & Gas

Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena

NEO Energy has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s oil redevelopment project in the North Sea may be postponed.

about 2 years ago
Illustration; Source: Yinson
Oil & Gas

Yinson sheds one of five spin-offs to home in on FPSO and energy transition business arenas

Yinson, which currently invests in five business units, has set the wheels in motion to part with the last affiliate on this list, which offers integrated offshore support vessel services.

about 2 years ago
Deep Blue pipelay vessel; Source: TechnipFMC
Oil & Gas

TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (Video)

TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integ

about 2 years ago
Illustration; Source: Velesto Energy
Oil & Gas

Velesto optimistic about jack-up market’s future, with ‘another excellent quarter’ in the bag

Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.

about 2 years ago
Shearwater; Source: Shell
Oil & Gas

Giant oil & gas projects on thin ice as UK pulls out of court battle: Will Shell and Equinor get cold feet or take a stand against legal challenges?

While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc

about 2 years ago
FPSO Norne; Source: Equinor
Oil & Gas

With portfolio now five oil & gas fields lighter, Vår Energi’s stake in operated asset gets boost

Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.

about 2 years ago
Block 3B/4B; Source: Eco Atlantic
Oil & Gas

TotalEnergies and QatarEnergy expand their footprint in Africa’s Orange Basin

TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.

about 2 years ago
DSV Skandi Singapore; Source: DOF
Oil & Gas

DOF finds more work in Asia Pacific for 2011-built vessel

DOF has secured additional job opportunities in the Asia Pacific (APAC) region for one of its purpose-built dive support vessels (DSVs) equipped to come to grips with subsea infrastructure challenges and deepwater systems.

about 2 years ago
Artist’s rendering of the LNG terminal
Oil & Gas

LNG project offshore Mozambique one step shy of FID

The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inking front-end engineering design (FEED) contracts

about 2 years ago
Kittiwake platform; Source: Petrofac
Oil & Gas

Shell signs over decom management role at North Sea fields to EnQuest

EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.

about 2 years ago
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