Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.
Vår Energi has unveiled a new organisational structure and management team changes to take full advantage of future growth opportunities.
Delek’s Ithaca Energy has picked Well-Safe Solutions to undertake well decommissioning operations in the North Sea.
Woodside and its Scarborough offshore gas project are facing a legal challenge as the AFC is seeking an injunction to restrain activities.
Wood has appointed a new Chief Executive Officer (CEO), replacing its current one, who will be stepping down from the board in a few days.
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.
Energean has exercised its options with Stena Drilling for two more wells offshore Israel as part of its 2022 growth drilling campaign.
Following an oil leak, Jadestone has been forced to halt production from its field in the Timor Sea off Australia in preparation for repairs.
A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.
Oil and gas giant BP has inked 30-year production sharing contracts (PSCs) for two deepwater exploration blocks located offshore Indonesia.
Africa-focused energy company Chariot has signed a front-end engineering and design (FEED) agreement with the Schlumberger-Subsea 7 consortium for the Anchois gas development project located within the Lixus licence offshore Morocco. The FEED support and design scope incorporates offshore components
Eni has introduced the first hydrocarbons from the Coral South field located offshore Mozambique to the Coral-Sul FLNG vessel.
Craig International has won a long-term deal in the UK sector of the North Sea with Ineos FPS, potentially valued at over £20 million.
The Norwegian Petroleum Directorate (NPD) has revealed that its director general has tendered her resignation, effective immediately.
