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Oil & Gas

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Fossil EnergyHuman CapitalOutlook & StrategyDecommissioningSubseaVessels & VehiclesBusiness & FinanceBusiness Developments & ProjectsProject & TendersMarket OutlooksExploration & ProductionFPSO & VesselsRigsLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyTransitionDredgingSurveys & InterventionsInnovation
Petrobras' new CEO, Magda Chambriard; Source: Petrobras
Oil & Gas

New CEO takes the reins at Petrobras

Petrobras has confirmed that a new CEO will take over the company, after securing the board of directors’ approval to become its member.

about 2 years ago
Helix Q7000 light well intervention rig; Source: Helix Energy Solutions
Oil & Gas

Helix vessel close to crossing the finish line at decom job offshore Australia

Helix Energy Solutions is drawing to an end its multi-well decommissioning assignment offshore Australia, which is being carried out with its purpose-built DP3 semi-submersible vessel.

about 2 years ago
Illustration; Source: Aker Solutions
Oil & Gas

Aker Solutions rebrands its consultancy business, with twofold headcount increase on the horizon

Aker Solutions has shared a new name for its consultancy arm alongside plans to boost revenue and personnel by 50% over the next six years.

about 2 years ago
Troll A platform in the North Sea; Credit: Øyvind Gravås/Even Kleppa - Equinor
Oil & Gas

Equinor unveils over $1 billion investment to lift the gas production bar at giant North Sea field

Equinor has disclosed plans to develop further gas infrastructure at a huge oil and natural gas field in the Norwegian sector of the North Sea.

about 2 years ago
Leviathan field; Source: New Med Energy
Oil & Gas

More gas sold from Chevron’s Mediterranean Sea field under $650 million deal

Chevron has signed a contract with Israel’s Eshkol Power Energies to supply natural gas for the production units at Eshkol power station.

about 2 years ago
Keel laying for the construction of the FPSO Errea Wittu hull; Source: MODEC
Oil & Gas

MODEC: Keel laying for Guyana-bound FPSO hull done weeks ahead of schedule

MODEC has achieved a new milestone by completing the keel laying for the construction of an FPSO hull, which is destined for Guyana.

about 2 years ago
Borr Drilling
Oil & Gas

Borr Drilling rigs find new jobs in Europe, Southeast Asia, Middle East, and Africa

Borr Drilling has secured a batch of new contracts, extensions, and potential assignments, for several premium jack-up rigs in its fleet.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Oil & Gas

UK oil & gas firm’s drilling plans run into setback due to Borr rig’s holdup on current assignment

Tower Resources is working on ironing out a new drilling date for an asset offshore Cameroon, with Borr Drilling.

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

Seplat Energy prolongs buyout date for ExxonMobil’s Nigerian business

Nigeria’s Seplat Energy has extended the share sale and purchase agreement to buy Mobil Producing Nigeria Unlimited’s shallow water assets.

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

Chinese oil & gas giant enlarges its portfolio with five offshore blocks in Mozambique

CNOOC Limited has expanded its oil and gas footprint with five new blocks located off the coast of Mozambique.

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

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

about 2 years ago
Illustration; Source: Deutsche Energy Terminal (DET)
Oil & Gas

Vigilance advised but mild winter serves to lessen concerns over gas supply in Germany

FNB Gas has confirmed the easing of gas supply woes in the winter of 2023/2024 due to mild temperatures and diversification of import routes.

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Oil & Gas

Equinor strikes oil in North Sea

Equinor has made a small oil discovery in the North Sea off the coast of Norway, using one of Odfjell Drilling’s semi-submersible rigs.

about 2 years ago
DeepOcean performs first-ever subsea dredging operations remotely from shore
Oil & Gas

DeepOcean performs first-ever subsea dredging operations remotely from shore

Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely from shore for the first time ever. This milestone activity was carried out for Norwegian oil and gas player Aker BP. DeepOcean’s remotely operated vehicles (ROVs) onboard the Edda Fauna were utilized fo

about 2 years ago
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