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Oil & Gas

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Fossil EnergyOffshore WindWind FarmsBusiness & FinanceBusiness Developments & ProjectsFPSO & VesselsAuthorities & GovernmentExploration & ProductionProject & TendersRegulation & PolicyRules & RegulationMarket OutlooksOutlook & StrategyTransitionVisionCollaborationRigsOperations & MaintenanceEnvironmentCarbon Capture Usage & Storage
An image showing Gulf of Mexico wind lease areas offshore Texas and Louisiana on a map
Oil & Gas

Shell, TotalEnergies eye new projects in Gulf of Mexico and it’s not oil & gas

Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.

about 3 years ago
FPSO Cidade de Vitória; Source: Saipem
Oil & Gas

Acquisition of two Brazilian offshore clusters facing delay after being put on hold

BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.

about 3 years ago
Neptune Energy commits to Extractive Industries Transparency Initiative
Oil & Gas

Neptune Energy commits to initiative bolstering tax revenue accountability of natural resources

Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on

about 3 years ago
Map of the acreage position in the West of Shetlands; Source: Spark New Energies
Oil & Gas

UK oil & gas player buying West of Shetland assets

Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has executed a share purchase agreement to acquire Spark Exploration UK.

about 3 years ago
Petrofac extends collaboration with Scottish repair, inspection and integrity solutions provider
Oil & Gas

Petrofac extends collaboration with Scottish repair and inspection solutions provider

Oilfield services provider Petrofac has signed a new master service agreement (MSA) with ICR Integrity, a Scotland-headquartered provider of specialist repair, inspection and integrity solutions, valued at over £1 million per annum. Under the MSA, initially awarded in 2019, ICR’s partnership with Pe

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Oil & Gas

Aker BP’s North Sea well comes up dry

Aker BP has completed the drilling of an exploration well near the Edvard Grieg field in the Norwegian sector of the North Sea but failed to find hydrocarbons.

about 3 years ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Oil & Gas

Recent oil discovery in Barents Sea puts forward tie-back to existing FPSO

Vår Energi’s oil discovery near the Goliat field in the Barents Sea has brought the possibility of a tie-back to the existing infrastructure.

about 3 years ago
A photo of the Kincardine floating wind farm in Scotland featuring Principle Power's floating foundations
Oil & Gas

Flotation Energy, Vårgrønn take first permitting step for another oil & gas-powering floating wind farm

Flotation Energy and Vårgrønn, who recently filed a Marine Licence application for their 500 MW Green Volt floating wind farm in Scotland, have now submitted a Scoping Report for the 1.4 GW Cenos floating offshore wind farm to Marine Scotland. The developers have submitted leasing applications for b

about 3 years ago
Lower Zakum; Source: ADNOC
Oil & Gas

TotalEnergies expands its upstream portfolio in UAE with several offshore fields

TotalEnergies has inked a deal to acquire CEPSA’s upstream assets in the UAE, adding multiple offshore fields to its asset portfolio.

about 3 years ago
Troll A platform in the North Sea; Credit: Harald Pettersen/Equinor
Oil & Gas

With additional stake in five discoveries, Equinor bolsters North Sea position

Equinor has strengthened its position in the northern North Sea by inking an agreement to expand its equity interest in five discoveries on the Norwegian continental shelf (NCS).

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

Major oilfield discovery off China brings hundred million tons reserves

China’s oil and gas player CNOOC Limited has discovered a new oilfield in the Bohai Sea offshore China, which adds another hundred million tons of reserves.

about 3 years ago
Ocean GreatWhite rig; Source: Diamond Offshore
Oil & Gas

Diamond Offshore positioned to be ‘key beneficiary’ in deepwater offshore drilling upcycle

Diamond Offshore has recorded strong operational performance during the fourth quarter of 2022 and earned a sixth performance bonus in Senegal.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Oil & Gas

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

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

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
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