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Oil & Gas

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Illustration; Source: Wood Mackenzie
Oil & Gas

WoodMac: Are shifts in energy policy on the cards for oil & gas ecosystem and which forces will be at play in 2024?

While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

about 2 years ago
High client demand brings 'strong' 2023 to Fugro
Oil & Gas

High client demand brings ‘strong’ 2023 to Fugro

Fugro has reported revenue of €2.2 billion for 2023, a 27.5% growth from €1.7 billion in 2022, said to be driven by high client demand in energy markets. For the full year of 2023, Fugro reported it had realized revenue growth on a currency-comparable basis by capturing high client demand in the off

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

Santos eyes drilling ops off Australia

Santos has submitted an environment plan (EP) for drilling activities off the coast of Australia to boost hydrocarbon production.

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

Tragedy strikes during training exercise as helicopter crash ends in fatality

One of Bristow Group’s search and rescue (SAR) helicopters was involved in an accident around 15 nautical miles west of Bergen off Norway.

about 2 years ago
FPSO Energean Power; Source: Energean
Oil & Gas

Energean FPSO goes full throttle off Israel

Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.

about 2 years ago
Energy Emerger jack-up rig; Source: Northern Offshore
Oil & Gas

Jack-up rig gets multi-well gig offshore Oman

Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.

about 2 years ago
Helix Energy Solutions
Oil & Gas

Helix tucks five-year decom gig under its belt in Gulf of Mexico

Helix Energy Solutions has got its hands on a long-term joint decommissioning agreement with Talos Energy.

about 2 years ago
Atlantic spirit, vessel from Atlantic Oceanic (UK).
Oil & Gas

Atlantic Oceanic buys MPSV as part of its ongoing fleet growth program

Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth program. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-meter-long specialist MPSV equipped with a DP2 dynamic po

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

UK firm expands its portfolio with gas discovery and several prospects West of Shetland

Viaro Energy, through its operating subsidiary RockRose Energy, has secured full ownership interest in a license located West of Shetland.

about 2 years ago
Statfjord field with Statfjord B (for illustration purposes); Credit: Harald Pettersen/Equinor
Oil & Gas

Norway’s oil output surpasses expectations but gas falls slightly behind

Even though Norway saw a rise in oil and gas production in January 2023 compared to the volumes recorded during the year before.

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

UK oil & gas operator books Aquaterra for work covering full offshore project lifecycle

Aquaterra has been hired on a contract for the provision of analysis services across an undisclosed operator’s global offshore operations.

about 2 years ago
Hywind Tampen wind farm in the North Sea (for illustration purposes); Source: Equinor
Oil & Gas

Exclusive interview: Letting energy growth spring free with AI as key to sorting out challenges in oil & gas and renewables

What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?

about 2 years ago
FPSO Marechal Duque de Caxias; Source: MISC Group
Oil & Gas

Tow master selected for Brazil-bound FPSO destined for Petrobras’ giant oil field

ABL has been picked as tow master to support and supervise the towage of an FPSO vessel from Yantai, China, to Brazilian waters.

about 2 years ago
Eldfisk Complex; Source: ConocoPhillips
Oil & Gas

Stamp of approval for ConocoPhillips’ $1.2 billion North Sea project to come on stream

ConocoPhillips has been given the green light to start production from a project tied to one of the fields in the Greater Ekofisk Area.

about 2 years ago
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