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Oil & Gas

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A Keppel shipyard
Oil & Gas

Keppel to review offshore & marine business amid challenging environment

Singapore’s conglomerate Keppel Corporation has decided to review its offshore & marine business amid the sector’s challenging environment.

about 6 years ago
Pipe sections in Kotka, Findland
Oil & Gas

Rystad expects swift recovery in offshore oil and gas pipeline market led by Middle East

This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.

about 6 years ago
The Edvard Grieg platform in the North Sea. Source: Lundin
Oil & Gas

Lundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent

Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023.

about 6 years ago
VLCC
Oil & Gas

Hyundai Heavy books $360 million order for VLCC quartet

South Korean shipbuilder Hyundai Heavy Industries (HHI), part of Korea Shipbuilding & Offshore Engineering Co., has secured an order for the construction of four very large crude carriers (VLCCs)

about 6 years ago
West Hercules rig, Source: Equinor
Oil & Gas

Equinor makes oil and gas discovery in North Sea

Norwegian oil and gas giant Equinor has made an oil and gas discovery near the Fram field in the North Sea offshore Norway.

about 6 years ago
Equinor closes Hammerfest LNG after fire
Oil & Gas

Equinor closes Hammerfest LNG after fire

Norwegian energy giant Equinor has shut down its Hammerfest LNG export plant following a fire in an oil-powered turbine at the facility. Equinor said the incident occurred on Monday at about 15:30h local time with no injuries reported. Images on local media showed smoke rising from the plant but Equ

about 6 years ago
OGA
Oil & Gas

UK regulator ‘exploring tougher measures’ on flaring and venting of greenhouse gases in oil & gas production

The UK’s OGA has decided to scrutinise requests for flaring and venting of greenhouse gases offshore the UK, aiming to help reach the country’s net-zero goals.

about 6 years ago
Schlumberger & Milaha
Oil & Gas

Schlumberger and Milaha ink cooperation deal in Qatar

Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger.

about 6 years ago
CNOOC
Oil & Gas

CNOOC kicks off production from another project offshore China

Oil and gas company CNOOC Limited has started production from the Jinzhou 25-1 Oilfield 6/11 Area located offshore China.

about 6 years ago
Wintershall Noordzee drills third Sillimanite well
Oil & Gas

Wintershall Noordzee drills third Sillimanite well

Wintershall Noordzee has drilled the Sillimanite South field discovery well and directly converted it into a development sidetrack.

about 6 years ago
Total Tyra
Oil & Gas

Total moves Tyra project into the next phase following jacket installation

French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.

about 6 years ago
The Breidablikk field development
Oil & Gas

Equinor ready to submit plan for one of largest undeveloped oil discoveries in Norway

Norwegian oil and gas giant Equinor and partners Petoro, Vår Energi, and ConocoPhillips have decided to develop the Breidablikk field in the North Sea.

about 6 years ago
POSH Xanadu at Triunfo port in Rio de Janeiro
Oil & Gas

Petrobras awards long-term charters to POSH flotel duo

POSH has secured long-term charters for two of its offshore semi-submersible accommodation units – POSH Arcadia and POSH Xanadu – with Petrobras.

about 6 years ago
Draugen; Source: OKEA Neptune
Oil & Gas

OKEA enters Neptune’s license near Draugen field

Oil and gas company OKEA has signed a sales and purchase agreement (SPA) with Neptune Energy for the acquisition of a 30 per cent working interest in offshore license PL938.

about 6 years ago
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