Orcadian Energy has divested a lion’s share of its interest in a giant undeveloped North Sea field and passed the operatorship baton to Ping Petroleum UK.
Policymakers have been urged to put supportive policies and competitive taxes in place to enable the UK to seize domestic energy opportunities.
The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.
Masirah Oil, a subsidiary of Singapore’s Rex International, has embarked on a multi-well drilling program at a field off the coast of Oman.
Baron Oil has completed a geophysical survey for the Chuditch-2 appraisal well off Timor-Leste and is preparing for the geotechnical survey.
UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach
Greenpeace activists have held a rally in Bucharest against “the largest natural gas project in the Romanian part of the Black Sea”.
In collaboration with Sumitomo Corporation, ITM Power has completed the delivery and installation of a NEPTUNE electrolyzer at Tokyo Gas’ Yokohama Techno Station.
UK-based offshore drilling contractor Stena Drilling is set to deliver an equipment upgrade for its newest drillship that is expected to make it capable of drilling in previously inaccessible reservoirs. The seventh-generation drillship Stena Evolution is about to undergo an equipment upgrade which
PONANT and FARWIND Energy are collaborating on innovative ship refuelling solutions with renewable hydrogen.
UAE energy giant Abu Dhabi National Oil Company (ADNOC) has started crude oil production from its Belbazem offshore block, helping meet growing demand for Abu Dhabi’s lower-carbon intensity oil and gas. The block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petro
McDermott has won what it defines as a “sizeable” offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for a project offshore Malaysia on which it had worked in the early 2010s. Under the contract worth between $1 million and $50 million, McDermott wi
Norway’s Ocean Installer has secured a new subsea line modification (SLM) project award from compatriot energy giant Equinor, with execution scheduled for fall. The scope of work on Åsgard A in the Norwegian Sea covers the recovery of two risers, the installation of one new riser and flexible jumper
Norwegian state-owned energy giant Equinor and compatriot oil and gas operator DNO have completed an appraisal well and sidetrack said to further delineate the 2023 Heisenberg oil and gas discovery in the Norwegian North Sea. Heisenberg, a new shallow play located in license PL827SB in the northern
