CNOOC Limited has kicked off production from oilfields Phase II development project in the South China Sea, offshore China.
Galp is currently drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.
While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.
Shell has tucked a green light for its environment plan (EP) under its belt for a seabed survey on the Crux natural gas field off Australia.
Woodside has received a stamp of approval for an environment plan, covering seabed intervention and trunkline installation off Australia.
Beach Energy has received the green light for a revised environment plan, entailing subsea installation and commissioning off Australia.
Petrobras has kicked off production from an FPSO vessel at its giant oil field in the pre-salt area of the Santos Basin offshore Brazil.
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.
Arabian Drilling has provided an update on the upgrades to its new offshore rigs, which have been hired for drilling ops by Aramco.
The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.
Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.
