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Oil & Gas

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Fossil EnergyRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionFPSO & VesselsOperations & MaintenanceProject & TendersAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationCollaborationOutlook & StrategyTransitionVesselsDecommissioningEquipmentMarket OutlooksPorts & LogisticsClean FuelHydrogenLNGSafety
Vela drillship (for illustration); Source: Aquadrill (former Seadrill Partners)
Oil & Gas

U.S. offshore rig count hits the brakes

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week.

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

Bad weather hampers Australian FPSO’s timeline for production restart

Singapore’s Jadestone Energy has revealed that severe weather conditions have delayed the restart of production from an FPSO operating at a field in the Timor Sea off Australia.

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

Stage set to hold U.S. Gulf of Mexico oil & gas lease sale next month

BOEM has published a final notice to hold the next offshore oil and gas lease sale for acreage in the Gulf of Mexico in March 2023.

about 3 years ago
Constellation vessel; Source: Saipem
Oil & Gas

Saipem turns to biofuels for its drilling and construction fleet

Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.

about 3 years ago
Singaporean firm to refurbish and sell nine newly-purchased vessels
Oil & Gas

Singaporean firm to refurbish and sell nine newly-purchased vessels

Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four

about 3 years ago
Vahall DP jacket toppling; Source: Aker Solutions (video)
Oil & Gas

Watch start of jacket toppling ops for old North Sea platform at Aker Solutions’ yard

Aker Solutions is about to recycle the 7,900 tonnes of steel foundation from an old drilling platform, which was used at an oil field in the North Sea.

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

Two SBM Offshore’s FPSOs slated for first oil in 2023

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

about 3 years ago
Diamond Offshore’s Ocean GreatWhite rig; Source: Ferguson Transport & Shipping (video)
Oil & Gas

WATCH: Diamond Offshore’s giant semi-sub rig getting ready for its North Sea job

Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.

about 3 years ago
Coral-Sul FLNG; Source: Eni
Oil & Gas

Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

12 minutes read
Statfjord B; Credit: Harald Pettersen/Equinor
Oil & Gas

With probe into gas leaks on North Sea platform done, Equinor gets regulatory order

Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.

about 3 years ago
Australian oil & gas player offloading partial stake in Dorado oil project
Oil & Gas

Australian oil & gas player offloading partial stake in Dorado oil project

Carnarvon Energy has entered into a binding agreement to divest a 10 per cent interest in its Bedout assets, including the Dorado field.

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

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

about 3 years ago
MV Island Commander; Source: Island Offshore
Oil & Gas

Island Offshore’s vessel gets more time with Equinor

Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs) busy for seven more months.

about 3 years ago
Deepwater Atlas drillship; Source: Transocean (video)
Oil & Gas

With largest annual backlog since before 2014 woes hit industry, Transocean envisages ‘multi-year upcycle’

Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.

about 3 years ago
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