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Oil & Gas

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Valaris DS-12 drillship; Source: Valaris
Oil & Gas

Valaris wraps up rig sale and gets more work for its fleet as offshore drilling market tightens

A deep dive into Valaris’ rigs, including details about new contracts and extensions along with other recent activities related to its fleet.

12 minutes read
Deepwater Titan drillship; Source: Transocean (video)
Oil & Gas

Transocean sees recent rig deals as proof of ‘sustained upcycle’ in offshore drilling market

With “an outstanding quarter” now behind it, Transocean is looking forward to further growth in the offshore drilling market.

about 3 years ago
Statfjord B platform; Credit: Harald Pettersen/Equinor
Oil & Gas

Probe into incident on North Sea platform underway after worker suffers ‘facial injuries’

Norwegian regulator has launched an investigation into an incident, which led to an injury, on an Equinor-operated platform in the North Sea.

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

UK politicians see collaboration with oil & gas sector as key to reaching net-zero

OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.

about 3 years ago
Left to Right of Picture-Andy Cuniah, new EIC chairman, Hugh Saville, outgoing chairman, Stuart Broadley, EIC CEO; Source: Energy Industries Council (EIC)
Oil & Gas

Energy Industries Council gets new chairman

As the current chairman is leaving the Energy Industries Council (EIC), a new one has been appointed to take his place.

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

Energy transition and geopolitics to ‘weigh heavily’ on oil & gas industry in 2023

GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.

about 3 years ago
Independence Hub; Source: Intermoor
Oil & Gas

New job for Subsea 7 on deepwater oil project in Gulf of Mexico

Subsea 7 has secured work on a deepwater project in the U.S. Gulf of Mexico with LLOG Exploration Offshore (LLOG).

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Oil & Gas

SBM Offshore inks new deal with ExxonMobil for Guyana FPSO fleet

SBM Offshore has signed a long-term operation and maintenance enabling agreement for its Guyana FPSO fleet with ExxonMobil.

about 3 years ago
Browse to North West Shelf Project development concept; Source: Woodside
Oil & Gas

Shell exiting Australia’s ‘largest untapped conventional gas resource’ project as BP boosts its stake

BP is in the process of enlarging its interest in a natural gas project offshore Australia while Shell is heading for the exit.

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

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Oil & Gas

Norway sees ‘considerable potential’ for further oil & gas exploration in Barents Sea

The Norwegian government believes that the Barents Sea contains more undiscovered hydrocarbons, thus, more exploration is encouraged.

about 3 years ago
West Phoenix rig (for illustration purposes); Source: Seadrill
Oil & Gas

U.S. offshore rig count maintains the status quo for two weeks in a row

The U.S. has extended its break in offshore rig count activity by keeping the total number unchanged for the second consecutive week.

about 3 years ago
Armada; Source: Shell
Oil & Gas

Repsol’s North Sea field secures life extension

Repsol has received consent from Norway’s offshore safety regulator for the life extension of a field in the North Sea off Norway.

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

Equinor cleared to dispatch Odfjell Drilling rig for ops in Norwegian Sea

Equinor has received consent from Norway’s regulator to use one of Odfjell Drilling’s rigs for drilling ops in the Norwegian Sea.

about 3 years ago
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