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Business & Finance

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Fossil EnergyFPSO & VesselsOil & GasBusiness Developments & ProjectsExploration & ProductionProject & TendersRigsVesselsAuthorities & GovernmentHuman CapitalSafetyClean FuelLNGGreen MarineCollaborationMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationEnvironmentCablingSubseaOperations & MaintenanceLow-Carbon TransitionCarbon Capture Usage & StorageTransition
FPSO Espoir Ivoirien; Source: BW Offshore
Business & Finance

With BW Offshore FPSO’s stay prolonged, Tullow puts all options on the table for stake in oil field off Ivory Coast

Tullow Oil is mulling over all available options regarding its interest in an oil field located offshore the Ivory Coast.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business & Finance

Drilling ops kick off at sixth well in Black Sea drilling campaign

Trillion Energy has spudded the sixth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Caspian Explorer drilling vessel Source Caspian Sunrise
Business & Finance

Sale of partial stake in drilling vessel underway

Caspian Sunrise has inked a deal with Stepping Stone Investments Limited to sell 50 per cent of its stake in a drilling vessel.

about 3 years ago
Shelf Drilling Winner (former Noble Sam Turner) jack-up rig; Source: Noble Corp.
Business & Finance

Shelf Drilling jack-up rig spuds TotalEnergies’ first of two infill wells in North Sea

TotalEnergies has kicked off drilling ops on the first of two infill wells to be drilled during 2023 at a field in the Danish North Sea.

about 3 years ago
GMS Shamal (for illustration purposes); Source: Gulf Marine Services (GMS)
Business & Finance

GMS racks up two extension deals, as offshore vessel market goes from strength to strength

Gulf Marine Services (GMS) has secured two contract extensions for one of its small-size class vessels and one of its large-class vessels.

about 3 years ago
South Timbalier Complex; Source: Arena Offshore
Business & Finance

Watch Coast Guard in action as oil worker gets a medevac in Gulf of Mexico

The U.S. Coast Guard (USCG) has medevacked a 33-year-old worker from an oil platform about 23 miles southwest of Port Fourchon, Louisiana.

about 3 years ago
Alexandroupolis FSRU; Credit: Gastrade
Business & Finance

Greece’s first offshore LNG terminal coming online in 2024 to bolster Europe’s low-carbon energy mix

An FSRU, currently under conversion, will secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources.

about 3 years ago
Delfin
Business & Finance

MOL invests in FLNG developer Delfin Midstream

Mitsui O.S.K. Lines (MOL) has entered into a strategic investment agreement with Delfin Midstream Inc, an LNG export infrastructure development company utilizing low-cost FLNG technology solutions. Delfin is the parent company of Delfin LNG and Avocet LNG LLC. Delfin LNG is a brownfield Deepwater Po

about 3 years ago
Shearwater platform (illustration); Source: Shell
Business & Finance

UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Confirmation of ‘significant’ oil discovery in North Sea comes with details galore

Aker BP recently revealed a new oil discovery in the North Sea off Norway, which was made using a Saipem-owned rig.

about 3 years ago
Fault found at first UK-Norway interconnector
Business & Finance

Fault found at first UK-Norway interconnector

A fault has been found on the 1,400 MW North Sea Link (NSL) that connects the UK and Norway causing the interconnector to operate at half capacity. Norway’s Statnett reported yesterday, 8 June, that a fault caused the unavailability of the NSL interconnector in the afternoon and the project will be

about 3 years ago
Illustration; Source: EIA
Business & Finance

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago
Jotun FPSO; Source: Vår Energi
Business & Finance

Halliburton lands five-year deal for offshore drilling services

Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services on the Norwegian Continental Shelf.

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Business & Finance

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
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