Overview page containing news articles

Oil & Gas

List of the highlighted articles

Posted: 3 months ago

Sale of UK discovery falls through due to lack of funds

 Quattro Energy Limited has been unable to raise the required funds for the acquisition of United Oi...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

GMS picks up new deal and two extensions for its vessels

GMS has won one new contract and two extension deals for the vessels in its fleet, raising contracte...

Categories:
  • Project & Tenders
Posted: 3 months ago
Posted: 3 months ago

McDermott and PTSC to rake in over $1 billion for Asian gas project

McDermott, as part of a consortium with PTSC, has gotten its hands on a limited letter of award for ...

Categories:
  • Project & Tenders
Posted: 3 months ago
  • long read
Posted: 3 months ago
Premium

Backlog boost for sixth quarter in a row stokes Transocean’s multi-year upcycle hopes

Transocean has enlarged its contract backlog for the sixth consecutive quarter, expanding it to $9.4...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Subsea7 wins ‘major’ contract offshore Brazil

Subsea7 has secured a contract with Brazilian oil and gas giant Petrobras for a development located ...

Categories:
  • Project & Tenders
Posted: 3 months ago
Posted: 3 months ago

Europe’s LNG capacity buildout outpaces demand, IEEFA claims

The Institute for Energy Economics and Financial Analysis (IEEFA) has reported that the gap between ...

Categories:
  • Market Outlooks
Posted: 3 months ago
  • long read
Posted: 3 months ago
Premium

BP sees sharp drop in profit due to flat gas prices but uplifts renewables pipeline

BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, base...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Shell’s Norwegian gas field pioneers remote data harvesting

Sonardyne, working with XOCEAN’s uncrewed surface vehicles (USV), has delivered remote acoustic data...

Categories:
  • Innovation
Posted: 3 months ago
Posted: 3 months ago

Ongoing perforation program ups Black Sea gas field’s production ante

Trillion Energy has revealed a boost in production rates at a natural gas field in the Black Sea off...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Moroccan gas project comes another step closer to sanctioning as ‘key building block’ falls into place

Chariot has secured a stamp of approval for its environmental impact assessment (EIA) on its flagshi...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
Posted: 3 months ago

Norwegian ship owner’s vessel secures more work with Equinor

Havila Shipping has gotten its hands on a contract extension for a platform supply vessel (PSV), whi...

Categories:
  • Vessels
Posted: 3 months ago
  • long read
Posted: 3 months ago
Premium

Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance ...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Petronas puts lightweight AUVs to test

A Kuala Lumpur-headquartered company has delivered a subsea pipeline inspection using lightweight au...

Categories:
  • Technology
Posted: 3 months ago
Posted: 3 months ago

More action needed before Israel grants multiple exploration blocks to SOCAR, NewMed, and BP

Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth compe...

Categories:
  • Exploration & Production
Posted: 3 months ago
  • long read
Posted: 3 months ago

New licenses paving the way for ‘no cliff edge’ in UK oil & gas production

OEUK has welcomed the award of new oil and gas licenses as a step in the right direction to strength...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Havila Shipping sells three vessels to repay debt

Havila Shipping has sold three vessels – one platform supply vessel (PSV) and two anchor handling tu...

Categories:
  • Vessels
Posted: 3 months ago
Posted: 3 months ago

Germany secures more Norwegian gas, as Equinor and RWE pen five-year supply agreement

Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bols...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Aiming to unlock more hydrocarbon resources, Petronas inks production sharing contract with Ping Petroleum

Petronas has signed a late life asset PSC with Ping Petroleum for a cluster of three developed field...

Categories:
  • Exploration & Production
Posted: 3 months ago
  • long read
Posted: 3 months ago

UK offers first batch of licenses in 33rd offshore oil & gas round to fortify energy security

North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go int...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 4 months ago

Balticconnector and telecom cable incidents are related, Estonian Prime Minister says

The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Esto...

Categories:
  • Authorities & Government
Posted: 4 months ago
Posted: 4 months ago

Brazilian FPSO hits full production record

The floating production storage and offloading unit (FPSO) Almirante Barroso, deployed at Petrobras’...

Categories:
  • Exploration & Production
Posted: 4 months ago
Posted: 4 months ago

‘Significant discovery’ in Guyana’s Stabroek block

U.S.-headquartered energy giant ExxonMobil has made another oil discovery at the Stabroek block, rep...

Categories:
  • Exploration & Production
Posted: 4 months ago
Posted: 4 months ago

Another Chinese oilfield begins producing

Following the start of production from an oilfield located in the South China Sea, Chinese oil and g...

Categories:
  • Exploration & Production
Posted: 4 months ago
Posted: 4 months ago

Trendsetter delivers subsea equipment for Woodside in Gulf of Mexico

Texas-based oil and gas services company Trendsetter Engineering has completed the delivery of subse...

Categories:
  • Project & Tenders
Posted: 4 months ago
Posted: 4 months ago

OKEA finds oil in Norwegian North Sea

Norwegian oil and gas company OKEA has made an oil discovery near the Brage field in the North Sea. ...

Categories:
  • Exploration & Production
Posted: 4 months ago

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