Oil Archives

about 1 month ago

Japanese duo setting up FPSO joint venture

MODEC and Toyo Engineering Corporation are setting up a joint venture for floating production storag...

about 1 month ago

long read

about 1 month ago

Equinor files key document ahead of plans to invest billions in UK oil and gas project

Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetlan...

about 1 month ago

Sval Energi to buy Suncor's Norwegian assets

Sval Energi is buying Suncor Energy’s Norwegian business in a bid to expand its portfolio and ...

about 1 month ago

Repsol’s Guyana well hits water-bearing targets

Repsol has found good quality reservoir at its exploration well off Guyana but both targets are wate...

about 1 month ago

Borr rig heading to West Africa

Borr Drilling has been awarded a new deal for one of its jack-up drilling rigs with an undisclosed o...

about 1 month ago

Aker BP receives the all-clear to use Maersk rig in North Sea

Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling’s rigs for ...

about 1 month ago

long read

about 1 month ago

Premium

First oil from two major deepwater Gulf of Mexico projects slated for this year

The latest updates on two deepwater oil projects in the U.S. Gulf of Mexico – operated by Shel...

about 1 month ago

UK’s oil & gas decom cost forecasts drop to around $54 billion

UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 ...

about 1 month ago

FPSO gets a new name ahead of electrification

DNeX, via Ping Petroleum, has renamed its recently acquired FPSO, which will be one of the UK’s firs...

about 1 month ago

Westwood sees signs of recovery in high-impact exploration activity

Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick u...

about 1 month ago

Kotug wins more work with ExxonMobil in Guyana

ExxonMobil has picked another vessel from Kotug for operations entailing the provision of terminal t...

about 1 month ago

Two UK firms formalise deal to work on making North Sea prospect drill-ready

Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospec...

about 1 month ago

A new lease of life for North Sea field

NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the N...

about 1 month ago

New CFO joins Valaris to ‘build on the positive momentum’ in offshore drilling

Valaris has revealed that the new CFO has now started working for the company after being appointed ...

about 1 month ago

Union 'deeply concerned' for the safety of the crew

UK’s Unite the union has raised safety concerns for crew aboard the Foinaven FPSO ahead of str...

about 1 month ago

Neptune taps Sentinel Marine for support on UK gas field

Sentinel Marine has secured a new deal for one of its vessels with Neptune Energy to continue suppor...

about 1 month ago

Equinor sets its sights on Norwegian Sea wildcat

Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, loca...

about 1 month ago

Brazilian field revitalisation shaping up as second well comes on stream

PRIO has started production from another well located in a field within the Northern Campos Basin of...

about 1 month ago

Three-year gig for Aban rig with Indian operator

India’s offshore drilling contractor Aban Offshore has secured a long-term deal for one of its jack-...

about 1 month ago

BP joins its peers in posting massive profits

BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and...

about 1 month ago

Agreement signed for UK's wind-powered oil & gas facility

A new deal signed between an oil and gas operator and a green energy and infrastructure developer wi...

about 1 month ago

Azule Energy is born

BP and Eni have confirmed that Azule Energy, a new JV combining the two companies’ businesses in Ang...

about 1 month ago

Transocean lands two new drillship deals

Transocean has secured new long-term contracts for two of its ultra-deepwater drillships to operate ...

about 1 month ago

Maintenance deal for Shell’s Gulf of Mexico platforms goes to Bilfinger

Shell has picked Bilfinger to handle maintenance services at nine offshore oil & gas platforms a...

about 1 month ago

Keppel to work on floaters for Gulf of Mexico and Senegal

Keppel Offshore & Marine’s subsidiaries have been awarded contracts for the refurbishment ...

about 1 month ago

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