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Oil & Gas

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Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
Valaris DPS-5 rig. Source: Lukoil
Oil & Gas

Valaris rig starts drilling work in Gulf of Mexico

Offshore drilling contractor Valaris has confirmed the start of a new contract for one of its semi-submersible rigs in the U.S. Gulf of Mexico (GoM).

about 3 years ago
Two new contracts bring €850 million to Saipem
Oil & Gas

Two new contracts bring €850 million to Saipem

Italian oilfield services provider Saipem has secured two new contracts for offshore activities in Côte d’Ivoire and Italy for an overall amount of €850 million. Saipem won a contract with Eni Côte d’Ivoire and its partner Petroci to deliver subsea umbilicals, risers, and flowlines (SURF) for the de

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

‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

13 minutes read
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

Gears in motion for Aker BP to spud North Sea prospects with Odfjell rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea, using Odfjell Drilling’s rig.

about 3 years ago
KCA Deutag
Oil & Gas

More work for KCA Deutag on two offshore platforms in Angola

KCA Deutag has secured a contract extension with a total value of $60 million for the provision of drilling and maintenance services on two offshore platforms in Angola.

about 3 years ago
North Sea gas project 'rapidly taking shape' with start of pipeline survey
Oil & Gas

North Sea gas project ‘rapidly taking shape’ with start of pipeline survey

A pipeline route survey has begun on the Anning and Somerville field developments located in the Southern North Sea. Furthermore, Hartshead Resources NL (HHR) and Rockrose Energy, joint venture partners standing behind the project, have received bids for the platforms. Hartshead Resources NL reporte

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Oil & Gas

Brazilian FPSO coming back on stream by next month

Enauta is anticipating the return of production from an FPSO vessel, which is working on a field off Brazil, by October 2023.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Oil & Gas

Australian FPSO comes online but storage capacity ‘constrained’ with repairs ongoing

Jadestone Energy has restarted production from a floating production storage and offloading (FPSO) vessel in the Timor Sea offshore Australia.

about 3 years ago
FPSO Guanabara; Source: MODEC
Oil & Gas

11 more FPSOs in Brazil’s pre-salt layer on Petrobras’ five-year agenda

Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.

about 3 years ago
US researchers developing autonomous robot for subsea oil & gas pipeline inspection
Oil & Gas

US researchers developing autonomous robot for subsea oil & gas pipeline inspection

The University of Houston is developing an autonomous robot that will be able to identify potential pipeline leaks and structural failures during subsea inspections at oil & gas projects. The SmartTouch technology, being developed by researchers at UH, consists of remotely operated vehicles (ROVs) e

about 3 years ago
ADNOC
Oil & Gas

ADNOC powers decarbonisation drive with electrification and CCUS while curbing methane and boosting energy efficiency

ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

With UK’s oil & gas industry on decarbonisation quest, more investment needed to tackle challenges ahead

Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.

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

INEOS inks technology deal with SLB to back its growth ambitions

Oilfield services company SLB and INEOS Energy have established a technology partnership to collaborate on subsurface technologies implementing digital artificial intelligence solutions. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen to collaborate and innovate subsurface techno

about 3 years ago
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