Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.
MAN Energy Solutions has been hired by Yinson to supply a total of 11 compressor trains for an FPSO, which will be deployed off Angola.
UK-headquartered IOG plc is planning to bring the second Blythe production well on stream this month, despite losing 34 days to the well control event. In an update issued following well clean-up and testing operations that took place at the Blythe H2 well from 4 to 7 June, IOG plc revealed that the
Jersey Oil & Gas has received approval from the NSTA for its sale of a partial stake in an asset on the UK Continental Shelf to NEO Energy.
ADNOC Drilling is acquiring two new premium offshore jack-up drilling rigs, as part of its fast-tracked fleet expansion programme.
Chevron has achieved the first gas production from the Gorgon stage two development off the northwest coast of Western Australia.
Mexico’s regulator has greenlighted a unit development plan (UDP), which Pemex submitted for a giant oil field offshore Mexico.
Aker BP is one step closer to getting the final stamp of approval for the development of its oil & gas projects in the North Sea off Norway.
ExxonMobil has launched an investigation into the root cause of a near-miss incident at the Hebron platform offshore Newfoundland and Labrador.
Malaysia’s Yinson, through its joint venture company with PTSC, has received a five-year extension for an FSO working off Vietnam.
Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.
