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Exploration & Production

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Palfinger to furnish Aker BP offshore platforms with remotely operated cranes
Exploration & Production

Austrian player to furnish Aker BP’s new offshore platforms with remotely operated cranes

Aker BP has inked a deal with Palfinger for the provision of remotely operated cranes for its new offshore platforms in Norway.

about 4 years ago
In Focus: Making strides on pathway to sustainable future
Exploration & Production

In focus: Industry making strides on its journey to sustainable future

The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo

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about 4 years ago
Deepsea Yantai rig - Neptune - North Sea
Exploration & Production

North Sea appraisal well on the horizon for Neptune

Oil and gas company Neptune Energy is preparing to drill an appraisal well located in the North Sea offshore Norway.

about 4 years ago
Gjøa platform - Neptune Energy - North Sea
Exploration & Production

Neptune to double gas output from North Sea field to meet Europe’s demand

Neptune Energy will double gas output from the Duva field in the North Sea to support increased supplies to the UK and Europe.

about 4 years ago
oil barrels
Exploration & Production

Oil and gas to catapult global energy spending to record highs in 2022, Rystad says

Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.

about 4 years ago
The Mariner A platform - North Sea
Exploration & Production

Ithaca Energy gains access to two of the largest undeveloped discoveries in UK North Sea

Ithaca Energy, owned by Israeli Delek, has reached an agreement to acquire Siccar Point Energy, the operator of the Cambo oil project.

about 4 years ago
Illustration; Source: North Sea Transition Authority - UK
Exploration & Production

UK plans to ensure energy independence by scaling up renewables while maximising North Sea production

In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.

about 4 years ago
The Bay du Nord FPSO development concept - Equinor - Canada
Exploration & Production

Canada caught between a rock and a hard place as decision on giant new oil project draws near

The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.

about 4 years ago
Russia’s war on Ukraine will not thwart or hinder Europe’s energy transition, DNV says
Exploration & Production

Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says

DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.

about 4 years ago
Equinor strikes oil & gas in Norwegian North Sea with ‘with excellent reservoir quality’
Exploration & Production

Equinor finds ‘high-value barrels’ in North Sea

Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located off Norway.

about 4 years ago
Danish Energy Agency - North Sea
Exploration & Production

Denmark uncovers emission reduction potential of North Sea electrification

The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.

about 4 years ago
IOG working on sorting out ‘very frustrating’ mechanical issue to resume production from North Sea field
Exploration & Production

UK player sorting out mechanical issue hindering production from North Sea field

After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.

about 4 years ago
IEA Executive Director Fatih Birol at the 2022 IEA Ministerial Meeting
Exploration & Production

IEA states to release emergency oil reserves for the second time this year

The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.

about 4 years ago
Maersk Voyager drillship
Exploration & Production

One-year gig with Shell for Maersk drillship

Maersk Drilling has been awarded contracts with Shell for the provision of a drillship for drilling services offshore multiple countries.

about 4 years ago