After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.
Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.
Westwood has advised buyers to be mindful of exploration farm-outs, after analysing the results of 419 high-impact exploration wells drilled outside the U.S. and Canada between 2017 and the end of October 2022.
Canada’s oil and gas player Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
While the transition to low-carbon energy is making strides, the oil majors in Europe and the U.S. have made progress at a different pace.
With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, says Rystad Energy.
Equinor has secured a drilling permit from Norway’s authorities for an exploration well in the Norwegian Sea, which will be drilled using one of Odfjell Drilling’s rigs.
Equinor has made a new oil and gas discovery near the Fram field in the North Sea off Norway, using an Odfjell Drilling-owned rig. This is Equinor’s eighth discovery in the area since 2019.
Aker BP has kicked off production from a field in the North Sea off Norway, after fast-tracking the development to achieve the first oil.
Aramco has posted its highest annual profit ever as a listed company, totalling $161.1 billion, amid high demand, tight supply and elevated oil and gas prices.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down by two units last week.
Energean has achieved the first gas from a well located offshore Egypt while the remaining wells are expected to come online later this year.
OCI, a global producer and distributor of hydrogen-based products, and Linde, a global industrial gases and engineering company, have signed a long-term agreement under which Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas, US. OC
Eidesvik Offshore has been awarded a contract for another of its PSVs by Wintershall Dea for operations offshore Norway.
