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Oil & Gas

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UK oil & gas firm obtains approval to buy stake in two blocks off Angola
Oil & Gas

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 2 years ago
MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel
Oil & Gas

MMA Offshore boosts its fleet with 2016-built multi-purpose support vessel

MMA Offshore has acquired a 2016-built multi-purpose support vessel from Australia’s Guardian Offshore. The Offshore Solution is a European-built, 54-meter DP-2 multi-purpose support vessel fitted with two deck cranes, dual moon pools and accommodation for 42 people. According to MMA, it is suitable

about 2 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Oil & Gas

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 2 years ago
Argeo confirms $4.9 million contract with Shell
Oil & Gas

Argeo details $4.9 million contract win

Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Oil & Gas

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Oil & Gas

Australia’s oil & gas industry calls for fix of offshore regulatory approval ‘chaos’ as wait times increase

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called on the Commonwealth to “urgently fix” – what it deems as – the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval

about 2 years ago
Weatherford
Oil & Gas

Weatherford and Honeywell speed up decarbonization journey with emissions management solution

Weatherford International has joined forces with Honeywell to deliver a combined suite of tools for advanced emissions management to accelerate their customers’ decarbonization strategy.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Vår Energi gearing up to spud two North Sea wells

Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.

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

Halliburton and Sekal unleashing digital well construction solutions’ full potential

Halliburton has pooled resources with Sekal to jointly provide well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.

about 2 years ago
Ocean GreatWhite at Kishorn Port back in 2019; Source: Kishorn Port
Oil & Gas

Diamond Offshore spots signs of ‘strong and lasting upcycle’ as its rigs land new jobs in UK

Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.

about 2 years ago
Oil reel; Source: Trolleborg
Oil & Gas

Trelleborg: Enhancing FPSO ops and enabling cost savings for oil & gas operators by getting rid of regulations’ gap

Trelleborg’s Jonathan Petit sheds light on the reasons why industry standards need to keep pace with innovation for reeling operations.

about 2 years ago
Expro wraps up well cementing gig for 'large operator'
Oil & Gas

Expro wraps up well cementing gig for ‘large operator’

Energy services provider Expro has completed a well cementing project in the U.S. Gulf of Mexico for what it describes as a “large international operator”. Expro delivered an inner-string cementing on a subsea well’s 22″ surface casing in a water depth of approximately 2,000 meters in the Mississipp

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

Another win for McDermott in Asia, thanks to new multi-million deal with ONGC

McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.

about 2 years ago
Valaris 121 rig; Source: Valaris
Oil & Gas

Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens further

Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.

about 2 years ago
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