Oil & Gas Archives

6 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 ...

6 months ago

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6 months ago

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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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

long read

6 months ago

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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 ...

6 months ago

6 months ago

Petronas puts lightweight AUVs to test

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

6 months ago

6 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...

6 months ago

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6 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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

long read

6 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...

6 months ago

6 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...

6 months ago

6 months ago

Brazilian FPSO hits full production record

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

6 months ago

6 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...

6 months ago

6 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...

6 months ago

6 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...

6 months ago

6 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. ...

6 months ago

6 months ago

Italy’s Saipem gives out €300 million contract to compatriot company

Italy’s Rosetti Marino has secured an engineering, procurement and construction (EPC) contract, said...

6 months ago

6 months ago

First Dutch large-scale CCS project to sport MAN technology

Just shortly after Allseas was awarded a contract for the project, MAN Energy Solutions secured work...

6 months ago

6 months ago

South China Sea oilfield begins producing

Chinese oil and gas giant CNOOC Limited has commenced production from an oilfield development locate...

6 months ago

6 months ago

Norwegian oil & gas duo comes on stream ahead of schedule

Aker BP and ConocoPhillips Skandinavia have commenced production from the Kobra East & Gekko (KE...

6 months ago

6 months ago

Vår Energi and Equinor agree on gas export solution offshore Norway

Norwegian Vår Energi and Equinor have approved concept selection (DG2) for gas export from the Golia...

6 months ago

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