Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.
Following explosions in late September 2022 that caused damage to the Nord Stream pipelines, the Danish Energy Agency has found an undefined object near one of the two gas pipelines. A cylindrical object that is about 40 cm tall and 10 cm in diameter has been found near the Nord Stream 2 pipeline, t
Crown Estate Scotland has selected 13 out of a total of 19 applications with a combined capacity of around 5.5 GW in the world’s first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms. INTOG (Innovation and Targeted Oil & Gas) leasing aims to at
PRIO has completed the acquisition of TotalEnergies’ interest in a field offshore Brazil, enabling it to take full ownership of this field.
The U.S. Coast Guard (USCG) has performed an evacuation via helicopter of a crew member from one of Allseas’ vessels located approximately 15 miles offshore Port Fourchon, Louisiana.
Norway’s energy giant Equinor has completed the drilling of a wildcat well in the North Sea off Norway but failed to find hydrocarbons.
Vantage Drilling expects that the future will bring further growth in day rates and utilisation for its fleet of rigs.
The UK government has made a decision to widen the country’s gas entry specification limit, enabling more North Sea gas to enter the country’s National Transmission System (NTS).
Serica Energy has closed the acquisition of Tailwind, which has diversifying its portfolio with a new production hub while lifting the firm into the top ten UK producers.
Karoon Energy has kicked off production from a well located on a field offshore Brazil, with first production rates surpassing expectations.
A Chinese shipyard has held a groundbreaking ceremony for two self-propelled, self-elevating offshore platforms, ordered by Huake Wuzhou.
Singapore-headquartered oil and gas production company Jadestone Energy has restarted production from an FPSO operating at a field in the Timor Sea offshore Australia. Following what the company describes as a “carefully planned restart program”, production recommenced from the Montara Venture FPSO
Hess Corporation has opted to implement digital wells using a well construction suite from a compatriot oilfield services giant, Halliburton.
France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.
