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Exploration & Production

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Deepsea Nordkapp rig; Source: Odfjell Drilling
Exploration & Production

On emission reduction quest, Odfjell Drilling furnishes rig with new upgrade

Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs with a hybrid system to curb emissions.

about 3 years ago
Lukoil hits production milestone in Caspian Sea
Exploration & Production

Lukoil hits production milestone in Caspian Sea

Russian oil and gas giant Lukoil has produced 50 million tonnes of liquid hydrocarbons at its fields located in the Russian sector of the Caspian Sea. Lukoil discovered the Khazri gas condensate field following drilling and testing of prospecting wells last year. The company plans this year to submi

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about 3 years ago
Following 'very promising 2023', energy services sector anticipated to grow to $1 trillion
Exploration & Production

Following ‘very promising 2023’, energy services sector anticipated to grow to $1 trillion

The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b

about 3 years ago
Borr’s Prospector I rig; Source: Neptune Energy
Exploration & Production

Neptune brings another well on stream at North Sea gas field

Oil and gas company Neptune Energy has started production from the tenth well at its operated gas field in the UK southern North Sea.

about 3 years ago
Penguins FPSO; Credit: Chris J Ratcliffe; Source: Greenpeace
Exploration & Production

WATCH: Activists board Boskalis vessel carrying Shell’s North Sea-bound FPSO

Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.

about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Exploration & Production

Turning depleted natural gas fields into ‘one of the biggest carbon storage and hydrogen production clusters’

Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.

about 3 years ago
Salus Technical
Exploration & Production

New offshore safety guidance with potential to prevent major oil & gas accidents sees the light of day

Aberdeen-based Salus Technical has launched what it describes as “a potentially life-saving” guidance document.

about 3 years ago
Illustration; Source: BP
Exploration & Production

BP delves into global energy trends over next 30 years

BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.

about 3 years ago
EDP joins Cepsa for Andalusian Green Hydrogen Valley project
Exploration & Production

EDP joins Cepsa for Andalusian Green Hydrogen Valley project

Global energy company EDP has partnered up with Spanish energy company Cepsa to boost the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe promoted by Cepsa. The agreement includes studying the joint production of green hydrogen as part of the project of up to 1 GW in t

about 3 years ago
In focus: European countries keeping pace with the hydrogen uptick
Exploration & Production

In focus: European countries keeping pace with the hydrogen uptick

A closer look at this week’s highlights of the latest energy transition-related news gives us an insight into what the future may hold for the sector. With the world’s energy security at the top of nations’ agendas, more and more countries around the world are preparing to shift to renewable energy

about 3 years ago
Wintershall Dea cleared to deploy well intervention vessel on four fields off Norway
Exploration & Production

Wintershall Dea cleared to deploy well intervention vessel off Norway

Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.

about 3 years ago
Greek firm to deliver pipe for Mediterranean gas field optimization project
Exploration & Production

Greek firm to deliver pipe for Mediterranean gas field optimization project

Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer

about 3 years ago
OMV to spud North Sea prospect with Odfjell rig
Exploration & Production

OMV to spud North Sea prospect with Odfjell rig

OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
2023 to be a busy year for offshore rigs, pushing utilisation and day rates up, says Westwood
Exploration & Production

Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates

Westwood forecasts global marketed offshore rig utilisation to average 95 per cent this year with day rates getting a further boost.

about 3 years ago