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Business & Finance

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Fossil EnergyFPSO & VesselsOil & GasBusiness Developments & ProjectsExploration & ProductionProject & TendersAmmoniaClean FuelHydrogenProductionTransport & StorageCollaborationOutlook & StrategyResearch & DevelopmentRigsLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentMarket OutlooksRegulation & PolicyTransitionGreen MarineInfrastructureIT & SoftwareSubseaCarbon Capture Usage & StorageHuman CapitalSurveys & InterventionsInnovationVision
FPSO Catcher; Source: BW Offshore
Business & Finance

Wheels in motion to prolong BW Offshore FPSO’s North Sea gig

BW Offshore has confirmed the lay of the land for the extension of a contract for an FPSO vessel beyond the currently fixed term.

about 2 years ago
Woodside and SK E&S join forces for lower-carbon hydrogen value chain
Business & Finance

Woodside and SK E&S join forces for lower-carbon hydrogen value chain

Australian energy major Woodside has signed a non-binding memorandum of understanding (MoU) with SK E&S, a part of South Korean conglomerate SK Group, to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products. Accord

about 2 years ago
Deepsea Bollsta rig, formerly known as West Bollsta (for illustration purposes); Source: Odfjell Drilling
Business & Finance

December brings international offshore rig count activity to a standstill

Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.

about 2 years ago
FPSO Sepetiba; Source: SBM Offshore
Business & Finance

SBM Offshore confirms FPSO’s achievement of first oil off Brazil

SBM Offshore has corroborated the start of production from an FPSO, which is working on Petrobras’ giant oil field in the Santos Basin off Brazil.

about 2 years ago
Noble Valiant drillship; Source: Noble Corporation
Business & Finance

Gulf of Mexico operator asks Noble drillship for an encore

Noble Corporation has added more work to the backlog of one of its seventh-generation drillships in the U.S. Gulf of Mexico.

about 2 years ago
Archive; Source: Planned Parenthood
Business & Finance

Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

14 minutes read
Noble Voyager drillship; Source: Noble Corporation
Business & Finance

Noble and Petronas strike a rig swap bargain offshore Suriname

Noble Corporation has worked out the details for a rig swap offshore Suriname with Petronas Suriname E&P, a subsidiary of Malaysia’s energy giant Petronas.

about 2 years ago
Grieg Green
Business & Finance

Grieg Green invests in maritime lifecycle analysis firm

Norwegian ship recycling expert Grieg Green has acquired a majority stake in ReFlow, a Danish lifecycle analysis provider.

about 2 years ago
West Azeri platform; Source: BP
Business & Finance

BP tucks oil production milestone under its belt at Caspian Sea platform

BP has achieved 1 billion barrels of total oil production from its operated platform in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Thunder Horse platform in the Gulf of Mexico; Source: Danos
Business & Finance

BP taps Danos for Gulf of Mexico assignment

BP has handed out a contract to Danos to renew drilling logistical services for the oil major’s Gulf of Mexico assets.

about 2 years ago
Signing ceremony for the joint study agreement; Source: PTTEP
Business & Finance

PTTEP and Inpex to look into carbon storage potential in Gulf of Thailand

PTTEP is ready to pool resources with Japan’s Inpex to undertake a study on carbon storage potential in the Northern Gulf of Thailand.

about 2 years ago
Iain Lewis, Ithaca's Interim CEO; Source: Ithaca Energy
Business & Finance

As its CEO steps down, Ithaca picks interim one

Ithaca Energy has decided to appoint an interim Chief Executive Officer (CEO) until its search for a new one can be completed, following the resignation of its current CEO.

about 2 years ago
The entire energy transition needs metals increasingly, says Allseas' Pieter Heerema
Business & Finance

The entire energy transition needs metals increasingly, says Allseas’ Pieter Heerema

To combat climate change, the energy mix must shift from a mix that is dominated by fossil fuels, oil & gas, coal, to an energy mix that depends more on clean energy production methods. The good thing is that everyone is committed to achieving this goal. The challenge that comes with this is that a

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business & Finance

Oil & gas alongside green and low-carbon energy: Will such a compass lead the world astray or steer it in the right direction?

Should the world aim for a balancing act to satisfy both energy security and green future aspirations or pick just one?

about 2 years ago
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