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Oil & Gas

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TechnipFMC to deliver subsea production systems for two Equinor fields
Oil & Gas

TechnipFMC to deliver subsea production systems for two Equinor fields

Norwegian state-owned energy giant Equinor has awarded TechnipFMC with contracts for the delivery of subsea production systems for two of its development projects located in the Norwegian Sea. The contracts, awarded under a framework agreement with Equinor, will see TechnipFMC supply and install sub

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

On a mission to curb rig emissions, Diamond Offshore joins forces with Norwegian firm

In a bid to reduce its carbon footprint and improve energy efficiency, Diamond Offshore, has teamed up with Norway’s Stepwise.

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

Warm weather brings down U.S. natural gas price forecast

The U.S. Energy Information Administration (EIA) has lowered the U.S. natural gas price forecast for this year.

about 3 years ago
New company for offshore services comes to market
Oil & Gas

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

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

Two shallow gas pilot holes on Aker BP’s drilling agenda in Norwegian Sea

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Equinor's 20-year-old Norwegian Sea field gets lifetime extension
Oil & Gas

Equinor’s 20-year-old Norwegian Sea field gets lifetime extension

The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for the extended use of the subsea facility on the Mikkel field in the Norwegian Sea for another five years. Mikkel lies on the Halten Bank, 35 kilometers south of the Midgard deposit in the Åsgard license. It produces through the

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

Aker BP getting ready to spud North Sea prospect with Saipem rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
T-15 tender assisted drilling barge; Source: Aquadrill
Oil & Gas

New job for Aquadrill rig

Offshore drilling contractor Aquadrill, formerly known as Seadrill Partners, has secured a new contract for one of its rigs offshore Thailand.

about 3 years ago
Japanese oil and gas player expands footprint off Malaysia
Oil & Gas

Japanese oil and gas player expands footprint off Malaysia

Japan’s oil and gas producer Inpex has secured two offshore hydrocarbon exploration licenses in Malaysia’s latest bid round. Inpex reported on 15 February that it had executed production sharing contracts (PSC) with Petroliam Nasional Berhad (Petronas), Petronas Carigali Sdn. Bhd. (PCSB) and Petrole

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

Despite traces of hydrocarbons, Equinor comes up dry in North Sea well

Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.

about 3 years ago
Illustration; Source: Capricorn Energy
Oil & Gas

Capricorn – NewMed merger plans come to naught

UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.

about 3 years ago
Illustration; Source: Rystad Energy
Oil & Gas

Rystad: As decarbonisation kicks into high gear, peak in fossil fuel emissions anticipated by 2025

Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.

about 3 years ago
Inpex and Petros to jointly pursue CCS development in Malaysia
Oil & Gas

Inpex and Petros to jointly pursue CCS development in Malaysia

Japan’s exploration and production company Inpex has signed a joint collaboration agreement with Malaysian oil and gas exploration firm Petroleum Sarawak Berhad (Petros) for the potential development of a carbon capture and storage (CCS) project in Sarawak, Malaysia. The CCS project will target CO2

about 3 years ago
TAQA's Cormorant Alpha asset in the UK North Sea; Source: TAQA
Oil & Gas

Wave of unrest across UK’s offshore energy sector grows with more workers to cast votes on strike action

Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.

about 3 years ago
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