Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources.
Seadrill has emerged from Chapter 11, a little over a year after filing for it. This was its second bankruptcy in about four years.
UK’s Fraser Well Management believes that its new contract demonstrates the growing confidence in the hydrocarbon potential of the North Sea.
Solstad has turned to Wärtsilä in a bid to reduce the carbon footprint of its fleet and achieve its decarbonisation ambitions by 2050.
Enauta has confirmed the approval for the Atlanta field’s Full Development System and signed a firm FPSO contract with Yinson.
PHI International has secured a contract with Woodside – on behalf of the Scarborough JV – for aviation services in Western Australia.
A new leasing opportunity has been unveiled in Scotland connecting offshore oil and gas and wind in a push to decarbonise the North Sea.
Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru
BP has announced the start-up of an xpansion project in the Gulf of Mexico, the first of four major to be delivered globally in 2022.
Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.
The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.
Odfjell Oceanwind plans to order the first batch of floating Mobile Offshore Wind Units (MOWUs) later in 2022, with a plan of going into operation in 2024. The units will be operated as one fleet under Odfjell Oceanwind’s management. Odfjell Oceanwind, part of Norway’s Odfjell Group, is developing a
Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.
Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.
