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Oil & Gas

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Fossil EnergyRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionInfrastructureProject & TendersVesselsHeavy liftingDeepwater InstallationSubseaAuthorities & GovernmentEquipmentRegulation & PolicyFPSO & Vessels
Nordic Spring artist rendering; Source: Awilco Drilling Keppel
Oil & Gas

Awilco Drilling terminates rig building deal with Keppel. Wants refund

Offshore driller Awilco Drilling has terminated its offshore rig construction order with Singapore’s Keppel due to a “breach of contract“ and is seeking a refund.

about 5 years ago
Yury Korchagin; Source: Lukoil
Oil & Gas

Lukoil reaches oil output milestone on North Caspian Sea fields

Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.

about 5 years ago
Ocean Apex; Source: Diamond Offshore Ironbark BP
Oil & Gas

Long-awaited ‘world-class’ Ironbark prospect disappoints

After the completion of the drilling operations, one of BP’s more important wells in 2020 – the Ironbark-1 well offshore Australia – has not encountered a significant amount of hydrocarbons.

about 5 years ago
Illustration; Source: OMV Petrom
Oil & Gas

OMV Petrom sheds Kazakhstan fields to focus on Black Sea

Romanian oil and gas company OMV Petrom has sold its onshore oilfields in Kazakhstan to focus on its portfolio in the Black Sea region.

about 5 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) Shell Ecopetrol
Oil & Gas

Shell completes buy of three blocks off Colombia

Oil major Shell has completed a 50 per cent stake acquisition in three Colombian deepwater oil and gas blocks from Ecopetrol.

about 5 years ago
Ingenium II and PV Drilling III jack-up rig on the Apsara field; Source: KrisEnergy
Oil & Gas

KrisEnergy starts up Cambodia’s first offshore oil field

KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Cambodia Block A concession on 28 December 2020.

about 5 years ago
Source: Nord Stream 2 AG
Oil & Gas

UPDATE: Gazprom completes Nord Stream 2 pipe-laying off Germany

The Russian pipe-laying vessel Fortuna has completed the 2.6-kilometre pipeline stretch of the Nord Stream 2 gas pipeline offshore Germany.

about 5 years ago
Illustration; Source: Talon
Oil & Gas

Talon adds three offshore licenses to UK portfolio

Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS).

about 5 years ago
Illustration; Source: Borr Drilling
Oil & Gas

Borr Drilling picks new chief financial officer

Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.

about 5 years ago
Illustration; Source: Santos
Oil & Gas

Santos grabs exploration permit off Australia

Australian energy major Santos has been granted an offshore exploration license in Australia’s Northern Carnarvon Basin.

about 5 years ago
Source: Jumbo
Oil & Gas

Jumbo installs Karish FPSO mooring system

Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel.

about 5 years ago
Nord Stream 2 AG
Oil & Gas

U.S. preparing fresh sanctions to halt Russia’s Nord Stream 2

The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.

about 5 years ago
Ocean Apex rig is drilling the Ironbark well for BP
Oil & Gas

BP nears primary target at Ironbark well

BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.

about 5 years ago
MMA Privilege vessel - MMA Offshore
Oil & Gas

MMA Offshore secures two new MPSV jobs

Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege.

about 5 years ago
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