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Oil & Gas

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Noreco names CFO as managing director
Oil & Gas

Noreco CFO taking over as acting managing director after CEO resigns

Noreco has revealed that its CEO resigned from the position, while its CFO has been appointed as the new managing director of the company.

about 4 years ago
JVPC and PetroVietnam renew partnership for ops offshore Vietnam
Oil & Gas

JX Nippon and PetroVietnam renew partnership for block off Vietnam

Japan Vietnam Petroleum Company (JVPC) has extended its partnership with PVEP for operations of Block 15-2, located offshore Vietnam.

about 4 years ago
BP brings field offshore Angola on stream
Oil & Gas

BP brings field offshore Angola on stream

BP has started production at the Platina field, located in the Angolan offshore, approximately 140 kilometres northeast of Luanda.

about 4 years ago
Amidst outcries to phase out fossil fuels, UK’s OGA chairman stands firm on continuing North Sea exploration for foreseeable future
Oil & Gas

Amidst outcries to phase out fossil fuels, UK’s OGA chairman stands firm on continuing North Sea exploration for the foreseeable future

OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.

about 4 years ago
Soaring oil & gas demand to catapult well intervention over $14 billion by 2031, Fact.MR says
Oil & Gas

Soaring oil & gas demand to catapult well intervention over $14 billion by 2031, Fact.MR says

Offshore oil and gas exploration projects are expected to double the growth of well intervention market, as operators seek to increase production from existing fields.

about 4 years ago
Baltic Pipe readies for next construction milestone
Oil & Gas

Baltic Pipe readies for next construction milestone

The pipeline end manifold (PLEM) structure, which is going to connect the Baltic Pipe with the Norwegian gas pipeline Europipe II, will soon be installed onto the seabed.

about 4 years ago
Biden on a mission to combat rising energy prices and lack of supply by tapping into oil reserves
Oil & Gas

Biden on a mission to combat rising energy prices and lack of supply by tapping into oil reserves

President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.

about 4 years ago
Equinor unveils plans for further development of Oseberg field in North Sea
Oil & Gas

Equinor files plan for further development of North Sea field, unveils investment of over $1.1bn

Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.

about 4 years ago
Trinity reveals farm-down plans after getting green light for field development plan off Trinidad
Oil & Gas

Trinity reveals farm-down goals after getting green light for field development plan off Trinidad

Trinity has disclosed its farm-down plans, following the MEEI’s approval of its FDP for the Galeota project, off the East Coast of Trinidad.

about 4 years ago
Wood secures work on Turkey’s largest gas reserve
Oil & Gas

Wood secures work on Turkey’s largest gas reserve

Scottish consulting and engineering company Wood has secured a contract with Turkish Petroleum (TP) for the Sakarya gas field development project.

about 4 years ago
Lekoil appoints three Nigerian nationals and industry veterans to its board
Oil & Gas

Lekoil appoints three Nigerian nationals and industry veterans to its board

Lekoil has added three Nigerian nationals with extensive experience in the energy industry to its board of directors.

about 4 years ago
Offshore regulator probes into Equinor’s handling of lifting ops and safe materials
Oil & Gas

Offshore regulator probes into Equinor’s management system for materials, lifting equipment & ops

The PSA has found one irregularity during an audit of Equinor’s management system for materials handling, lifting operations and lifting equipment.

about 4 years ago
Valaris MS-1 rig - Western Gas
Oil & Gas

Western Gas locks in drilling slot for Valaris rig

Western Gas has executed the formal contract with Valaris for the MS-1 semi-submersible rig to drill an exploration well off Australia.

about 4 years ago
Columbus production streams are now being exported to the Shearwater platform - Serica
Oil & Gas

Serica kicks off production from UK North Sea gas field

Upstream oil and gas company Serica Energy has started production from its Columbus field, located in the Central North Sea.

about 4 years ago
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