Energean has postponed again the first production from its Karish gas field amid new Covid-19-related restrictions in Singapore.
Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate ple
Israel’s energy ministry has ordered Chevron to restart output at the Tamar offshore gas field nine days after it was shut down.
Almost 90 per cent of global electricity generation in 2050 could come from renewable energy sources, with solar PV and wind together accounting for nearly 70 per cent, according to International Energy Agency’s new Net Zero 2050 roadmap. The roadmap, published on 18 May, calls for scaling up solar
The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with compatriot Petropars Group for the development of Farzad B gas field in the Persian Gulf.
In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions.
The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports.
Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region.
Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.
Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.
With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.
Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.
Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.
The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies.
