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Oil & Gas

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Illustration; Source: Halliburton
Oil & Gas

Halliburton targeting greenhouse gas emission reduction

Following the trend set by many energy majors and service companies, Halliburton has committed to set science-based targets to reduce greenhouse gas (GHG) emissions.

about 5 years ago
Guinea Bissau blocks map
Oil & Gas

PetroNor adds Guinea Bissau blocks to portfolio

PetroNor has added a high potential acreage offshore Guinea Bissau to its portfolio following a purchase of SPE Guinea Bissau AB.

about 5 years ago
West Hercules rig - Equinor
Oil & Gas

Drilling permit to Equinor for North Sea wells

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway.

about 5 years ago
Central Morecambe platform - Sparrows
Oil & Gas

Spirit hires Sparrows for crane services across Morecambe Hub assets

Sparrows Group has been awarded a five-year contract by Spirit Energy for crane maintenance and lifting services across its Morecambe Hub assets.

about 5 years ago
Offshore Norway - NPD
Oil & Gas

Norway turns the spotlight on Barents Sea in 25th licensing round

Norway’s Ministry of Petroleum and Energy launched the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea off Norway.

about 5 years ago
West Hercules rig - Equinor
Oil & Gas

Equinor set to drill North Sea well duo

Equinor is ready to drill two wells in the North Sea offshore Norway following the receipt of approvals and permits from the Norwegian authorities.

about 5 years ago
Frade FPSO; Source: SBM Offshore
Oil & Gas

PetroRio buys stakes in two BP fields off Brazil

Brazilian oil and gas company PetroRio has signed an agreement with BP for the acquisition of interests in two fields offshore Brazil.

about 5 years ago
BOEM - Gulf of Mexico
Oil & Gas

Gulf of Mexico lease sale attracts over $120 million in high bids

The U.S. government agency Bureau of Ocean Energy Management has held a Gulf of Mexico oil and gas lease sale, yielding more than $120 million in high bids.

about 5 years ago
Oseberg field centre - Equinor
Oil & Gas

Equinor faces safety order after serious lifting incident in Norway

Equinor has been served with a notice of order from the country’s offshore safety agency following a serious lifting incident on the Oseberg B platform.

about 5 years ago
Mohammad Sanusi Barkindo; Source: OPEC
Oil & Gas

OPEC lowers 2020 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) has lowered its 2020 oil demand forecast to negative -9.8 million barrels a day.

about 5 years ago
Bumi Armada FPSO
Oil & Gas

Force majeure notice served to India’s ONGC for Bumi FPSO

Bumi Armada has said that India’s ONGC has been served with a force majeure notice related to the charter hire of an FPSO.

about 5 years ago
Deepwater Corcovado drillship - Transocean
Oil & Gas

Transocean adds $297 million to backlog as Petrobras extends two drillships

Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.

about 5 years ago
Illustration; Source: Equinor SSB
Oil & Gas

Norway: Oil firms ramp up 2021 investment plans

A survey by the Norwegian statistics bureau SSB has revealed that oil and gas companies in Norway have boosted investment plans in recent months.

about 5 years ago
McDermott
Oil & Gas

McDermott gets fresh capital injection to fund growth

McDermott has secured approximately $560 million in new capital through a series of transactions expected to close by the end of the year.

about 5 years ago
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