Oil Archives

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3 months ago

With energy security and high prices in mind, EU and Norway strengthen ties with new deal

The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its ...

3 months ago

Indonesian vessel owner reveals growth strategy to take advantage of ‘upturn in drilling’

Wintermar sets the stage to benefit from higher demand in the oil & gas industry while eyeing th...

3 months ago

Interim CEO picks up the reins at Petrobras

Petrobras has appointed an interim CEO, which is expected to spearhead the firm until a new CEO take...

3 months ago

Australian regulator: Jadestone addressed ‘immediate risk of any further spill’

After an oil spill led to a production halt at a Jadestone-operated field off Australia, NOPSEMA int...

3 months ago

Five Noble rigs to join Shelf Drilling’s fleet for $375 million

Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address...

3 months ago

BW Energy to expand its footprint off Brazil as Petrobras greenlights sale of two clusters

Petrobras has approved the sale of two assets, located in the Espírito Santo Basin offshore Brazil, ...

3 months ago

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3 months ago

Shift in funding looms over oil & gas industry as COP27 approaches, says WoodMac

As GFANZ works to crystallise its climate threshold for financing, WoodMac wonders if COP27 could be...

3 months ago

UK firm to support oil & gas developments offshore Suriname

Asco has inked a deal with Kuldipsingh Port to provide technical expertise for supply base ops to su...

3 months ago

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3 months ago

Non-OPEC+ to spearhead global oil supply in 2023

The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPE...

3 months ago

Seadrill rigs rake in $361 million in extension deals

Seadrill has won contract extensions with a total value of approximately $361 million in aggregate f...

3 months ago

UK operator sees last rig in its fleet off to scrap yard

After completing the sale of a rig, which has been stacked for years, Awilco Drilling is left with n...

3 months ago

Valaris rig on its way to Angola to start work for ExxonMobil

Valaris has revealed that one of its drillships has set off towards Angola to embark on its new assi...

3 months ago

After missiles hit Black Sea platforms, reports indicate fire still burning

Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate t...

3 months ago

Electrification could curb emissions up to 87 per cent

The NSTA has found that electrification of oil & gas platforms with renewable and conventional p...

3 months ago

Oil output on the decline as Norway records slightly higher gas production in May

Norway saw a small increase in gas production while its oil output dropped below NPD’s predica...

3 months ago

Spud date for exploration well off South Africa draws near

Eco (Atlantic) Oil & Gas and its partners are planning to start drilling an exploration well off...

3 months ago

Fresh exploration well on Namibia's horizon

Galp has secured an extension for an exploration licence located offshore Namibia close to ShellR...

3 months ago

TotalEnergies’ latest flow test in Suriname to shape future activity

TotalEnergies and its partner APA Corporation have completed a flow test on an exploration well in B...

3 months ago

Beach Energy makes plans for infill drilling off Australia to meet gas demand

Beach Energy has submitted an environment plan to the Australian offshore regulator for infill drill...

3 months ago

Shell hands out new deal to Bureau Veritas for offshore and onshore assets in UK

Shell has awarded a long-term deal, covering 26 offshore installations and three onshore gas plants ...

3 months ago

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3 months ago

Equinor to become first operator to deploy drones for offshore logistics ops

Nordic Unmanned has revealed that Equinor will be the first operator to carry out offshore logistics...

3 months ago

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3 months ago

Premium

Are major UK oil projects at risk after windfall tax?

Operators of two major oil projects located off the UK are laying the groundwork to sanction them ne...

3 months ago

New management team to lead Vår Energi after business areas re-shape

Vår Energi has unveiled a new organisational structure and management team changes to take full adva...

3 months ago

Ithaca hires Well-Safe for North Sea decom ops

Delek’s Ithaca Energy has picked Well-Safe Solutions to undertake well decommissioning operati...

3 months ago

New CEO to help Wood capture ‘growth opportunities in energy security’

Wood has appointed a new Chief Executive Officer (CEO), replacing its current one, who will be stepp...

3 months ago

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