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Oil & Gas

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Stena Don rig was used to drill the latest well on the Anchois gas development project; Source: Stena Drilling
Oil & Gas

Moroccan gas project comes another step closer to sanctioning as ‘key building block’ falls into place

Chariot has secured a stamp of approval for its environmental impact assessment (EIA) on its flagship gas project offshore Morocco.

about 2 years ago
PSV Havila Foresight; Source: Havila Shipping
Oil & Gas

Norwegian ship owner’s vessel secures more work with Equinor

Havila Shipping has gotten its hands on a contract extension for a platform supply vessel (PSV), which is working for Equinor.

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

Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

18 minutes read
Petronas puts lightweight AUV to test
Oil & Gas

Petronas puts lightweight AUVs to test

A Kuala Lumpur-headquartered company has delivered a subsea pipeline inspection using lightweight autonomous underwater vehicles (AUVs) for Malaysia’s state-owned energy giant Petronas. NJ Petroniaga announced it had delivered the “innovative” subsea pipeline inspection for Petronas Gas Berhad from

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

More action needed before Israel grants multiple exploration blocks to SOCAR, NewMed, and BP

Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ) to Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilling – and Britain’s BP.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

New licenses paving the way for ‘no cliff edge’ in UK oil & gas production

OEUK has welcomed the award of new oil and gas licenses as a step in the right direction to strengthen homegrown energy security.

about 2 years ago
AHTS Havila Jupiter; Source: Havila Shipping
Oil & Gas

Havila Shipping sells three vessels to repay debt

Havila Shipping has sold three vessels – one platform supply vessel (PSV) and two anchor handling tug supply (AHTS) ones – following demands from lenders, and in accordance with its current restructuring agreement.

about 2 years ago
Europipe II natural gas pipeline at the Kårstø processing plant in Nord-Rogaland; Credit: Ole Jørgen Bratland/Equinor
Oil & Gas

Germany secures more Norwegian gas, as Equinor and RWE pen five-year supply agreement

Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bolstering Germany’s energy security.

about 2 years ago
PSC signing event; Source: Petronas
Oil & Gas

Aiming to unlock more hydrocarbon resources, Petronas inks production sharing contract with Ping Petroleum

Petronas has signed a late life asset PSC with Ping Petroleum for a cluster of three developed fields offshore Peninsular Malaysia.

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Oil & Gas

UK offers first batch of licenses in 33rd offshore oil & gas round to fortify energy security

North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.

about 2 years ago
Balticconnector and telecom cable incidents are related, Estonian Prime Minister says
Oil & Gas

Balticconnector and telecom cable incidents are related, Estonian Prime Minister says

The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Estonia, Finland, and Sweden are related, according to Estonian Prime Minister Kaja Kallas. Kallas met with Finnish Prime Minister Petteri Orpo and Swedish Prime Minister Ulf Kristersson in Brussels yeste

about 2 years ago
Brazilian FPSO hits full production record
Oil & Gas

Brazilian FPSO hits full production record

The floating production storage and offloading unit (FPSO) Almirante Barroso, deployed at Petrobras’ deepwater oil field in the Santos Basin offshore Brazil, has reached full production in record time. The FPSO, which operates in the Búzios field in the pre-salt layer of the Santos Basin, reached fu

about 2 years ago
'Significant discovery' in Guyana's Stabroek block
Oil & Gas

‘Significant discovery’ in Guyana’s Stabroek block

U.S.-headquartered energy giant ExxonMobil has made another oil discovery at the Stabroek block, representing the fourth discovery offshore Guyana for this year. Guyana’s Ministry of Natural Resources (MNR) reported that the Lancetfish-2 appraisal well had resulted in a “significant discovery”. The

about 2 years ago
Another Chinese oilfield begins producing
Oil & Gas

Another Chinese oilfield begins producing

Following the start of production from an oilfield located in the South China Sea, Chinese oil and gas giant CNOOC Limited has kicked off production from another development, this time in the Bohai Sea. CNOOC Limited announced on October 27 that the Penglai 19-3 Oilfield Area 5/10 development projec

about 2 years ago
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