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Oil & Gas

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Illustration; Source: CNOOC
Oil & Gas

As ultra-deep well surpasses oil & gas target, another drilling ‘breakthrough’ pops up offshore China

CNOOC has celebrated the performance of its first ultra-deep well in Bohai Bay, alongside a new hydrocarbon discovery.

about 2 years ago
Allrig
Oil & Gas

US firm scores two long-term gigs with ‘key’ drilling players in Golden Triangle area

Texas-based one-stop shop for asset management Allrig has won two new assignments with undisclosed drilling contractors in West Africa and Brazil.

about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Oil & Gas

Samsung Heavy Industries books French player for work on Canada’s $4 billion FLNG project

GTT has picked up a new order from Samsung Heavy Industries, which will enable it to provide the tank design of a new FLNG unit, which will be deployed in the traditional territory of the Haisla Nation, on Canada’s West Coast.

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

Saipem scores $500 million for work on two offshore oil projects in Middle East

Saipem has got its hands on multimillion-dollar assignments on two projects off the coast of Saudi Arabia with the country’s oil and gas heavyweight Aramco.

about 2 years ago
Pioneering Spirit removes Ekofisk 2/4 G jacket; Source: Aker BP
Oil & Gas

WATCH: World’s largest offshore construction vessel takes former platform’s jacket out of North Sea as recycling time comes

Allseas has performed another removal task in the North Sea with its giant offshore construction vessel for Aker BP, a Norwegian oil and gas player.

about 2 years ago
Panoramic view of Gwangyang 1st LNG Terminal; Source: POSCO International
Oil & Gas

South Korea’s LNG terminal fully operational, second due in 2026

POSCO International has completed the construction of the first non-state-owned liquefied natural gas (LNG) terminal at the country’s Gwangyang port, which is meant to increase energy security for the East Asian country.

about 2 years ago
Scarlet Ibis LNG vessel; Source: Northern Marine
Oil & Gas

Hyundai Glovis welcomes first LNG carrier to its fleet

Hyundai Glovis has entered the liquefied natural gas (LNG) transportation industry thanks to the delivery of its first LNG carrier, which was overseen by ship management and marine services solutions company Northern Marine.

about 2 years ago
LNG heat exchanger; Source: Air Products
Oil & Gas

Honeywell splashes out $1.81 billion on LNG business to boost energy transition offering

Honeywell has agreed to buy Air Products’ LNG process technology and equipment business to offer end-to-end services for global customers.

about 2 years ago
Karim Badawi, Minister of Petroleum and Mineral Resources; Source: Egypt's Ministry of Petroleum and Mineral Resources
Oil & Gas

Egypt sets its cap on attracting multibillion-dollar oil & gas investment while adding more renewables to its energy mix

Egypt is determined to stimulate investment in hydrocarbon exploration and field development to drill 586 oil and gas wells by 2030 while also pursuing opportunities in scaling up renewable energy deployment to bring further green power to its electricity grid.

about 2 years ago
Kuwait Oil Company (KOC)
Oil & Gas

‘Large’ oil & gas discovery springs up offshore Kuwait

Kuwait Petroleum Corporation (KPC) has revealed a big oil and gas discovery at an offshore field east of Failaka Island, off the coast of Kuwait, fueling hopes of finding more hydrocarbons to boost the country’s resources.

about 2 years ago
Illustration; Source: Geo Oceans
Oil & Gas

Robotic cargo oil tank inspections on FPSO pioneered by Australian firm

Geo Oceans has completed what it says is the first cargo oil tank inspection using remote robotic technology only, without any manned entry.

about 2 years ago
Shell's field disappears from horizon with heaviest offshore lift ever performed
Oil & Gas

Shell’s field disappears from horizon with heaviest offshore lift ever performed

Allseas has completed the removal of the fourth and final platform from Shell’s Brent field in the UK’s North Sea as part of a decommissioning project that took over a decade to conclude. The Brent oil and gas field, located northeast of the Shetland Islands, was one of the largest fields in the Nor

about 2 years ago
'World's largest FPSO unit' launches in China
Oil & Gas

Fore part of hull launches in China for ‘world’s largest FPSO unit’

Chinese state-owned engineering company ZPMC has launched the fore part of the hull for what it says is the world’s largest floating production storage and offloading (FPSO) unit, destined to work for Brazilian oil and gas company Petrobras. The fore part of the hull for the N1151 (P-82) FPSO exited

about 2 years ago
Subsea contract with BP takes Saipem to Azerbaijan
Oil & Gas

Subsea contract with BP takes Saipem to Azerbaijan

Italian oilfield services provider Saipem has signed a framework agreement with UK’s energy giant BP for the delivery of subsea services offshore Azerbaijan. The framework agreement, signed between BP Exploration (Caspian Sea) and a consortium composed of Saipem Contracting Netherlands, BOS Shelf an

about 2 years ago
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