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Oil & Gas

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DecommissioningFossil EnergyBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionInfrastructureOutlook & StrategyProject & TendersFPSO & VesselsVesselsLiquefied Natural GasRigsTechnologyPipesProduction & ProcessingSubseaLow-Carbon TransitionTransitionHuman CapitalAuthorities & GovernmentCollaborationRegulation & Policy
Drilling to return to seven-year-old UK field as it hits oil production milestone
Oil & Gas

Drilling to return to seven-year-old UK field as it hits oil production milestone

EnQuest has reached a milestone of 70 million barrels of oil produced during May from its field in the Northern North Sea which has been online since 2017. The UK oil and gas company noted it had delivered strong operational performance across its operated portfolio so far this year, with full-year

about 2 years ago
Safe Boreas; Source: Prosafe
Oil & Gas

Mystery client eyes Prosafe vessel for project offshore Australia

Norway’s Prosafe has received a conditional letter of intent (CLoI) for one of its vessels to support a project off Western Australia.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Oil & Gas

Brazilian FPSO comes back online post-maintenance

Brazilian oil and gas player Enauta has resumed production from one of its FPSOs working on a field offshore Brazil.

about 2 years ago
Woodside obtains $1 billion loan to finance giant gas project
Oil & Gas

Japanese back Woodside with $1 billion loan for giant gas project in Australia

Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K

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

Jack-up rig in Middle East to sport UK player’s red zone monitoring solution

The UK’s Salunda has secured a multi-year contract to install its red zone monitoring solution on a jack-up rig in the Middle East.

about 2 years ago
Norwegian oil & gas players come up dry in North Sea and Barents Sea
Oil & Gas

Norwegian oil & gas players come up dry in North Sea and Barents Sea

Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel

about 2 years ago
$1.25 billion contract win for Subsea7 with Brazil's state-owned oil & gas giant
Oil & Gas

Subsea7 wins contract worth over $1.25 billion with Brazil’s oil & gas giant

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

about 2 years ago
Rendering of Woodfibre LNG project; Source: Woodfibre LNG
Oil & Gas

Bankrolling fossil fuels: 60 giant banks pick up the $7 trillion tab for coal, oil & gas

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

about 2 years ago
FPSO Liza Destiny working offshore Guyana; Source: Hess Corporation
Oil & Gas

Hess shareholders back merger with Chevron despite arbitration over Guyana assets

Hess has secured the required approval from its shareholders for its proposed merger with Chevron, a compatriot energy giant.

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Oil & Gas

Noble rig finds more work in UK waters

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

about 2 years ago
Illustration; Source: Vår Energi
Oil & Gas

Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program

Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.

about 2 years ago
Rig move; Courtesy of ABL Group
Oil & Gas

ONGC breaks its record with 45 rig moves completed ahead of monsoon season

Oil & Natural Gas Corporation (ONGC) has wrapped up 45 rig moves in preparation for the monsoon season with the help of ABL.

about 2 years ago
BW Energy's outgoing CFO, Knut R. Sæthre; Source: BW Energy
Oil & Gas

New hire taking over the CFO helm at BW Energy

BW Energy has appointed a new Chief Financial Officer (CFO) to replace the current one after five years of tenure.

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Oil & Gas

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
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