
The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.

This week witnessed prominent industry players teaming up worldwide for energy transition projects and decarbonising their production and operations.

Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.

As GFANZ works to crystallise its climate threshold for financing, WoodMac wonders if COP27 could be a turning point for oil & gas funding.

The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.

After completing the sale of a rig, which has been stacked for years, Awilco Drilling is left with no other drilling assets in its fleet.

Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate the fire is still burning at the site.

The NSTA has found that electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87%.

The Norwegian government has presented a roadmap for a green industrial boost, where renewable energy takes centre stage.

Norway saw a small increase in gas production while its oil output dropped below NPD’s predications for the third month in a row.

Technology group ABB has secured a contract with Aker Solutions to deliver the main electrical, automation and safety systems for the Northern Lights project, the transport and storage component of Norway’s Longship project for establishing full-scale CO2 capture, transport and storage facilities. N

Shell has awarded a long-term deal, covering 26 offshore installations and three onshore gas plants in the UK, to Bureau Veritas (BV).

Nordic Unmanned has revealed that Equinor will be the first operator to carry out offshore logistics operations using drones.

Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.