Greenland has put a halt to its 50-year attempt to become an oil producing nation after announcing it would stop granting exploration licences and suspend a strategy of searching for oil.
U.S. supermajor ExxonMobil has signed a memorandum of understanding (MoU) to participate in the Acorn carbon capture and storage project (CCS) in Scotland.
Jadestone has said that conditions required to complete its acquisition of the Peninsular Malaysia assets of SapuraOMV have been satisfied.
ABS has issued New Technology Qualification to SBM Offshore’s artificial intelligence-powered Intelligent Agent Mooring Line Integrity Tool.
South Korea’s DSME has been awarded a contract to deliver an offshore crude oil production platform for Qatar’s largest oil field.
SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will see the two companies working on a joint pilot project for powering upstream operations in Azerbaijan’s sector of the Caspian Sea with electricity produced by a floating wind turbine. If the project moves
The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.
CO2 separation tech provider Carbon Clean has been awarded the contract to carry out the front-end engineering design (FEED) services for the Acorn carbon capture plant at St Fergus.
Japan’s FPSO provider MODEC and Toyo Engineering Corporation are entering into talks to study an alliance for FPSO vessels.
Brazilian oil and gas company PetroRio has concluded the tieback between the Polvo and Tubarão Martelo fields, making it the first independent company to create a private cluster of mature fields in the Campos Basin region.
Australia’s Woodside plans to begin the drilling campaign for the Sangomar Field Development Phase 1 offshore Senegal this week.
Offshore vessel owner Siem Offshore has named a new chief financial officer of the company, effective from 1 August 2021.
UAE’s oil and gas giant ADNOC is making an investment of $763.7 million in integrated rigless services on six of its artificial islands.
Petrofac has won a three-year contract with ONEgas, a cross-border asset between Shell UK and the Nederlandse Aardolie Maatschappij.
