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Exploration & Production

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KSOE and partners to work on hydrogen and fuel cells
Exploration & Production

KSOE and partners to work on hydrogen and fuel cells

Korea Shipbuilding and Offshore Engineering (KSOE), a research-oriented intermediate holding company of the Hyundai Heavy Industry (HHI) Group, Germany’s Fraunhofer Institute for Ceramic Technologies and Systems (IKTS), and European solid oxide systems (SOC) producer ELCOGEN have agreed to collabora

about 3 years ago
Acquisition to lift North Sea player into top 10 UK producers
Exploration & Production

Acquisition to lift North Sea player into top 10 UK producers and strengthen its oil & gas portfolio

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UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.

about 3 years ago
Aker Solutions to deliver FPSO upgrade for Equinor's huge oil and gas project
Exploration & Production

Aker Solutions to deliver FPSO upgrade for Equinor’s huge oil and gas project

Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a

about 3 years ago
More work in UK for Island Drilling’s semi-sub rig
Exploration & Production

More work in UK for Island Drilling’s semi-sub rig

Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK.

about 3 years ago
Norway to keep boosting Europe’s energy security with high gas exports in 2023
Exploration & Production

Norway to keep boosting Europe’s energy security with high gas exports in 2023

Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.

about 3 years ago
2022 saw higher offshore rig activity, Baker Hughes reports
Exploration & Production

2022 saw higher offshore rig activity, Baker Hughes reports

Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco

about 3 years ago
Transocean finds more work for five rigs
Exploration & Production

Transocean finds more work for five rigs

Transocean has secured contract awards and extensions for five drilling rigs in the Gulf of Mexico (GOM), North Sea, Norway and Suriname.

about 3 years ago
Another drilling job in place for Deepsea Yantai semi-sub
Exploration & Production

Another drilling job in place for Deepsea Yantai semi-sub

Odfjell Drilling has agreed on a contract for the use of the Deepsea Yantai semi-submersible rig for one well located in the Norwegian Sea, with further options. The company agreed on the contract with PGNiG Upstream Norway, part of Poland’s oil and gas company PGNiG, on behalf of CIMC Offshore. The

about 3 years ago
Greenlight for Equinor to undertake ops in North Sea with COSL Drilling’s rig
Exploration & Production

Green light for Equinor to undertake ops in North Sea with COSL Drilling’s rig

Norwegian offshore safety regulator has given Equinor its consent to use a COSL Drilling-owned rig for drilling at a field in the North Sea.

about 3 years ago
TotalEnergies finds ‘signs of hydrocarbons’ in North Sea well
Exploration & Production

TotalEnergies finds ‘signs of hydrocarbons’ in North Sea well

TotalEnergies has confirmed the presence of hydrocarbons in an appraisal well in the Central North Sea of the UK Continental Shelf (UKCS).

about 3 years ago
Is divorce from gas imminent, as the emerging love affair with hydrogen stakes its claim?
Exploration & Production

How likely is the divorce from gas, as the emerging love affair with hydrogen stakes its claim?

Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.

11 minutes read
Energy outlook: Oil making a comeback in 2023, says WoodMac
Exploration & Production

Energy outlook: Oil making a comeback in 2023, says WoodMac

With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.

about 3 years ago
2022 in review: Incidents related to offshore oil & gas
Exploration & Production

2022 in review: Some of the major incidents related to offshore oil & gas

Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.

about 3 years ago
Gas investments worth $245 billion across Africa in risk of becoming stranded assets
Exploration & Production

Gas investments worth $245 billion across Africa in risk of becoming stranded assets

Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.

about 3 years ago