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Oil & Gas

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Depsea Yantai rig; Source: Neptune Energy
Oil & Gas

Odfjell Drilling-managed rig starts drilling ops for Neptune in North Sea

Neptune Energy has kicked off drilling activities at an appraisal well in the Norwegian sector of the North Sea, using a semi-submersible rig managed by Odfjell Drilling.

about 3 years ago
Adriatic I jack-up rig; Source: Shelf Drilling
Oil & Gas

Two Shelf Drilling jack-up rigs booked for work in Nigeria

Shelf Drilling has secured new contracts for two jack-up rigs in its fleet, which have been hired to carry out operations offshore Nigeria.

about 3 years ago
Petrobras
Oil & Gas

Petrobras weeks away from embarking on drilling campaign in ‘one of the world’s newest and most promising frontiers’

Petrobras is planning to kick off a drilling program in the Potiguar Basin on Brazil’s Equatorial Margin upon the arrival of a rig.

about 3 years ago
Illustration. Source: BOEM
Oil & Gas

US five-year offshore oil & gas leasing plan puts Biden between the devil and the deep blue sea

Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.

19 minutes read
Oil & gas supermajor books Argeo for three-month program
Oil & Gas

Oil & gas supermajor books Argeo for three-month program

Argeo is set to commence a three-month deepwater inspection program for a client that it described as an “oil and gas supermajor”. The agreement comprises deepwater autonomous underwater vehicle (AUV) inspection services and remotely operated vehicle (ROV) inspection separated in two detailed work p

about 3 years ago
Aker Solutions, Subsea7 and SLB joint venture closes
Oil & Gas

Aker Solutions, Subsea7 and SLB joint venture closes

Subsea7, SLB and Aker Solutions have closed the previously announced joint venture which will operate under the OneSubsea name. OneSubsea now comprises SLB’s and Aker Solutions’ subsea businesses, which include complementary subsea production and processing technology portfolio, manufacturing scale

about 3 years ago
Yggdrasil power from shore project; Source: Aker BP
Oil & Gas

Aker BP hands out another multi-million deal for North Sea power from shore project

Aker BP has picked Multiconsult Norge for work on a power from shore project at a recently sanctioned development in the North Sea.

about 3 years ago
IDD project's FPU off Kalimantan, Indonesia; Source: Chevron
Oil & Gas

Eni’s ‘significant’ new gas discovery opens doors to potential production hub tied to Bontang LNG

Italian oil and gas giant Eni has made a new gas discovery in the Kutei Basin offshore Indonesia, which comes with the potential to contribute substantially to the creation of a new production hub in the northern part of the basin.

about 3 years ago
Illustration; Source: Europa Oil & Gas
Oil & Gas

UK oil & gas firm hits pause on farm-out for asset off Ireland to spruce up subsurface imaging

Europa Oil & Gas has decided to temporarily halt the farm-out process for a license located offshore Ireland.

about 3 years ago
Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling
Oil & Gas

More work to keep Shelf Drilling rig busy until mid-2024

Shelf Drilling has secured a new contract extension for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).

about 3 years ago
In focus: Advanced economies should pave the energy transition way as 'bolder action' is needed
Oil & Gas

In focus: Advanced economies should pave the net-zero way as bolder action is needed

Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

about 3 years ago
Fatih drillship; Source: Turkish Ministry of Energy and Natural Resources
Oil & Gas

Türkiye’s drillship kicks off drilling ops in Black Sea

TPAO has started drilling a new well in the Black Sea in a search for more hydrocarbons to further strengthen the country’s energy security.

about 3 years ago
Double win for Baker Hughes offshore Norway
Oil & Gas

Double win for Baker Hughes offshore Norway

Baker Hughes has secured two contracts with Norwegian oil and gas company Vår Energi, said to strengthen its North Sea presence for exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement that will utilize Baker Hughes’ well inter

about 3 years ago
Unity platform; Source: INEOS
Oil & Gas

INEOS: Windfall taxes and mixed signals from politicians tearing down UK’s oil & gas industry

According to INEOS, a combination of windfall taxes and negative signals from politicians are wreaking havoc on the UK’s oil & gas industry.

about 3 years ago
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