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Oil & Gas

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Aker BP forging digital transformation with tech-savvy firm to enhance oil & gas ops
Oil & Gas

Aker BP building data factory in the cloud to improve productivity

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations.

about 4 years ago
U.S. offshore rig count in idle mode for two weeks in a row
Oil & Gas

U.S. offshore rig count in idle mode for two weeks in a row

The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report.

about 4 years ago
Chevron CEO, Mike Wirth
Oil & Gas

Chevron books fourth-consecutive quarterly profit

U.S. oil and gas major Chevron returned to profit in the fourth quarter of 2021 from a loss in the prior-year period.

about 4 years ago
Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’
Oil & Gas

Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’

The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.

about 4 years ago
Gulf of Mexico lease sale
Oil & Gas

U.S. judge quashes Gulf of Mexico oil & gas lease sale due to climate impact

U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021.

about 4 years ago
Shell gets thumbs-up to use Transocean rig for drilling ops in Norwegian Sea
Oil & Gas

Shell gains approval to use Transocean rig for Ormen Lange drilling

Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.

about 4 years ago
L&T
Oil & Gas

India: ONGC taps L&T for pipeline replacement project

L&T Hydrocarbon Engineering (LTHE) has secured a contract from Oil & Natural Gas Corporation (ONGC) for operations on India’s west coast.

about 4 years ago
Wood wins funding for oil & gas robotics project
Oil & Gas

Wood collects funding for autonomous robotics project

Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities.

about 4 years ago
The Bay du Nord FPSO development concept - Equinor
Oil & Gas

Two players in design battle for Equinor’s stalled project while EIS gets unfavourable review

Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project’s EIS deemed it an unreliable source of information for decision-making processes.

about 4 years ago
Woodside
Oil & Gas

Continuing in Myanmar no longer ‘viable option’ for Woodside

Following an exit by TotalEnergies and Chevron, Woodside has also decided to follow suit and abandon Myanmar operations.

about 4 years ago
Panoro closing Nigerian chapter following govt’s nod
Oil & Gas

Panoro closing Nigerian chapter following long-awaited govt’s nod

Panoro Energy has received approvals from the Nigerian government for the sale of all its interest in in OML 113 off Nigeria to PetroNor.

about 4 years ago
Meet VindØ - The world's first energy island
Oil & Gas

COWI puts its foot down on new fossil fuel projects, welcomes offshore wind and green hydrogen

The Denmark-headquartered engineering company COWI will turn down all fossil fuel projects from now on as it aims to transform its business and reach 100 per cent revenue within sustainability-related projects in three to five years’ time. In a press release issued on 25 January, the CEO of COWI Gro

about 4 years ago
Martin Linge field - Equinor
Oil & Gas

Equinor now officially opening challenging Martin Linge field

Equinor is now officially opening its operated Martin Linge field, located in the North Sea, following the production start-up last year.

about 4 years ago
Wellesley strikes out in North Sea well failing to find traces of petroleum
Oil & Gas

Wellesley strikes out in North Sea well

Wellesley has concluded the drilling of a wildcat well north of the Gjøa field in the northern North Sea, but the well turned out to be dry.

about 4 years ago
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