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Oil & Gas

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Fossil EnergyLow-Carbon TransitionAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationTransitionRigsDecommissioningProject & TendersAlternative FuelsGreen MarineHydrogenTechnology & InnovationCollaborationTechnologyOperations & MaintenanceSafetyHuman CapitalFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesOutlook & Strategy
Illustration; Source: The North Sea Transition Authority (NSTA)
Oil & Gas

North Sea oil & gas operators raise the decarbonization bar with potential investments of nearly $3.8 billion

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Oil & Gas

Rig termination and payment issues set arbitration and court processes underway

Dolphin Drilling is engaged in arbitration and court proceedings with Lagos-based General Hydrocarbons Limited (GHL) in Nigeria.

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

First foray into Spanish waters takes Noble rig on multi-well P&A gig

Noble Corporation has secured a new deal for one of its jack-up rigs off the coast of Spain, where the rig will carry out plug and abandonment (P&A) activities.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Oil & Gas

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

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

Shell places multi-million wager on hydrogen’s ability to decarbonize drillship and tanker ops

Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.

about 2 years ago
Sleipner field in the North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Oil & Gas

Electrification of North Sea field lends a helping hand to Poland’s energy giant in slashing emissions

Poland’s Orlen has welcomed the recent partial electrification of an Equinor-operated gas field in the Norwegian sector of the North Sea.

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

TotalEnergies gives more work to UK firm for its North Sea oil & gas assets

TotalEnergies has decided to prolong a contract with PBS for integrated services delivery to its North Sea portfolio.

about 2 years ago
Illustration; Source: Abu Dhabi National Oil Company (ADNOC)
Oil & Gas

ADNOC joins hands with compatriot tech company to step up energy-focused AI game

UAE’s Presight is set to acquire a majority stake in AIQ to lend a helping hand in bringing forth AI-powered solutions to the energy sector.

about 2 years ago
FPSO Johan Castberg quayside at Aker Solutions; Source: Equinor
Oil & Gas

Thumbs-up for Equinor and Vår Energi to fortify emergency preparedness in Barents Sea

Equinor and Vår Energi have received consent from the country’s offshore safety regulator for contingency planning in the Barents Sea.

about 2 years ago
Statfjord B; Credit: Harald Pettersen/Equinor
Oil & Gas

North Sea platform incident: Serious regulation breaches come to light following worker injury and gas leak

Equinor has been served with a notice of order by Norway’s offshore safety regulator after a probe into an incident.

about 2 years ago
South Arne area; Source: INEOS
Oil & Gas

Italian contractor picks up work on North Sea gas platform

Rosetti Marino has tucked a multimillion-euro FEED assignment under its belt for a gas production platform in the North Sea.

about 2 years ago
Ocean GreatWhite semi-submersible rig; Source: Kishorn Port
Oil & Gas

Diamond Offshore’s contract backlog hits $1.9 billion amid tightening rig supply and demand dynamics

After enlarging its contract backlog by $713 million in 1Q 2024,Diamond Offshore is determined to expand its backlog further.

about 2 years ago
Mermaid Maritime’s joint venture to keep working for oil major
Oil & Gas

Mermaid Maritime’s joint venture to keep working for oil major

Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a

about 2 years ago
Illustration; Source: Ocean Edge Services
Oil & Gas

US player and local firm link up to hang out their shingle in Guyana as oil discoveries boost economy

Ocean Edge Services and Atlantic Marine Supplies have formed a new joint venture and corporation in Guyana, Ocean Edge Services (Guyana) Inc.

about 2 years ago
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