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Oil & Gas

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Fossil EnergyAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionOutlook & StrategyProject & TendersRegulation & PolicyRules & RegulationTransitionFPSO & VesselsSubseaCollaborationRigsEquipmentVesselsMarket OutlooksOperations & MaintenanceSafety
Three North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security
Oil & Gas

North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

about 3 years ago
With final approval in place, Eco boosts its stake in South African offshore block
Oil & Gas

With final approvals in place, Eco boosts its stake in South African offshore block

Eco (Atlantic) Oil & Gas has secured all the required approvals for the acquisition of an additional interest in a block off South Africa.

about 3 years ago
Plans unveiled for $20.4 billion investments in ten oil & gas projects
Oil & Gas

Plans unveiled for investments of $20.4 billion in ten oil & gas projects

Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.

about 3 years ago
Valaris’ new rig deals to bring total backlog of $275 million
Oil & Gas

Valaris’ new rig deals bring total backlog of $275 million

Valaris has been awarded new contracts for a drillship and three jack-up rigs and contract extensions for three more rigs.

about 3 years ago
Dutch firm gets work on Perenco’s rig conversion project off Congo
Oil & Gas

Dutch firm gets work on Perenco’s rig conversion project off Congo

Wagenborg Foxdrill has secured a contract for offshore derrick removal in Congo with a turnkey contractor for Perenco’s platform conversion.

about 3 years ago
Drillship secures more work in U.S. Gulf of Mexico
Oil & Gas

Drillship secures more work in U.S. Gulf of Mexico with BP

Aquadrill has extended the charter hire agreement with a subsidiary of Diamond Offshore Drilling for one of its drillships.

about 3 years ago
Highest FPS throughput capacity since 2010 greenlighted in 2022, says Westwood
Oil & Gas

Highest FPS throughput capacity since 2010 greenlighted in 2022, says Westwood

Westwood has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010.

about 3 years ago
Vår Energi to address nonconformity for its FPSO modification project
Oil & Gas

Vår Energi to address nonconformity for its FPSO modification project

Norwegian regulator has carried out an audit of Vår Energi and its management of barriers and maintenance on an FPSO modification project.

about 3 years ago
Equinor all set to drill North Sea wildcat
Oil & Gas

Equinor all set to drill North Sea wildcat

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Equinor tasked with assessment of improvement points for North Sea platform
Oil & Gas

Equinor tasked with assessment of improvement points for North Sea platform

Norwegian offshore safety regulator has carried out an audit at one of the Equinor-operated North Sea platforms.

about 3 years ago
Beach Energy faces opposition over drilling plans off Taranaki
Oil & Gas

Beach Energy faces opposition over drilling plans off Taranaki

Beach Energy has lodged consent applications with the Environmental Protection Authority (EPA) related to offshore drilling in Taranaki.

about 3 years ago
Giant North Sea oil field going full throttle as Phase 2 comes on stream
Oil & Gas

Giant North Sea oil field going full throttle as Phase 2 comes on stream

Equinor has started production from the Johan Sverdrup Phase 2 project in the North Sea, ensuring that the entire field is now online.

about 3 years ago
Oil & gas players pursuing electrification in Norwegian Sea to curb emissions
Oil & Gas

Oil & gas players pursuing electrification in Norwegian Sea to curb emissions

OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.

about 3 years ago
Saipem clinches deals worth $1.2 billion in Guyana and Egypt
Oil & Gas

Saipem clinches deals worth $1.2 billion in Guyana and Egypt

Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.

about 3 years ago
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