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Oil & Gas

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Fossil EnergyLiquefied Natural GasLow-Carbon TransitionBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionOperations & MaintenanceProject & TendersSubseaCollaborationRigsAuthorities & GovernmentRegulation & PolicyRules & RegulationSafetyEnvironmentProduction & ProcessingEquipmentMarket OutlooksOutlook & Strategy
FSRU Independence; Source: KN Energies
Oil & Gas

FSRU embarks on voyage to Denmark for drydock inspection

KN Energies (KN) has confirmed the departure of an FSRU to Denmark, where an inspection and repair is planned to be carried out in the dry dock.

about 2 years ago
FSRU Hoegh Galleon; Source: Höegh LNG
Oil & Gas

Höegh LNG’s FSRU hand-picked to bolster Egypt’s energy security

Höegh LNG has struck a deal with Australian Industrial Energy (AIE) and EGAS to deploy one of its FSRUs in Egypt.

about 2 years ago
Bay du Nord FPSO development concept; Source: Equinor
Oil & Gas

Subsea7 and OneSubsea hired to work on Wisting and Bay du Nord oil projects

Subsea Integration Alliance, comprising OneSubsea and Subsea7, has won a long-term strategic agreement with Equinor.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Oil & Gas

Valaris ‘laser-focused’ on ensuring its rig fleet will be fully booked in 2024

Valaris is determined to find more employment for its rigs during 2024 to get all the current gaps in fleet assignments filled out, so that, there are no remaining available days.

about 2 years ago
Illustration; Courtesy of Shell
Oil & Gas

Shell collects $7.7 billion in profit against backdrop of lower energy prices

Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint.

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

New task for Odfjell Drilling related to rig non-conformities stemming from emergency preparedness management

Odfjell Drilling has been asked to handle the identified non-conformities and improvement points regarding emergency preparedness management at a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 2 years ago
Illustration; Credit: Morten Berentsen/Equinor
Oil & Gas

Norway’s oil & gas production beats forecasts

Norway recorded a slight rise in oil and gas production in March 2023 compared to the Norwegian Offshore Directorate’s predictions.

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

Equinor gets more info on oil discovery to gauge development option

Equinor has wrapped up drilling activities at an appraisal well in the Barents Sea off the coast of Norway with one of Odfjell Drilling’s rigs.

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Oil & Gas

More drilling ops on Beach Energy’s agenda offshore Australia

Beach Energy has handed over an environment plan (EP) to Australia’s offshore regulator, entailing drilling activities.

about 2 years ago
Multi-million dollar win for US player with 'major energy company'
Oil & Gas

Multi-million dollar win for US firm with ‘major energy company’

Houston-based subsea energy equipment and services specialist Koil Energy Solutions, formerly known as Deep Down, has secured a multi-million dollar contract with what it says is a “major international energy company”. Koil Energy Solutions will deliver engineering, procurement, manufacturing, insta

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

Chevron going in pursuit of more gas by upping the drilling ante offshore Australia

Chevron has submitted another environment plan (EP) to the country’s offshore regulator for drilling operations off the coast of Australia.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Oil & Gas

New rig deals lift Valaris’ contract backlog to $4 billion

Valaris has expanded its contract backlog, thanks to a series of new contract awards and extensions with multiple oil and gas companies.

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Oil & Gas

Start-up of three LNG projects paving the way for rise in US natural gas trade

A further growth in natural gas trade is expected thanks to three new LNG export projects, which are slated to come online by the end of next year.

about 2 years ago
US oil & gas services provider scores $10 million worth of contracts
Oil & Gas

US oil & gas solutions provider scores $10 million in new contracts

Ocean Edge Services (OES), a U.S.-based service company that provides flexible offshore and onshore solutions to the oil & gas industry, has secured new project awards totaling over $10 million. The batch of the new contracts is for production hydraulic power units (HPUs), subsea distribution equipm

about 2 years ago
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