Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.
Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
The offshore energy industry is facing an ever-increasing energy skills gap regarding workers spearheading the transition to green sources.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
Four oil and gas players have signed a production sharing contract (PSC) for an exploration block located offshore Brazil.
Eni has handed out another short-term contract extension to BW Offshore for an FPSO, working on a field located offshore Nigeria.
Canada-based oil and gas company Valeura Energy has extended two contracts related to an oil field offshore Thailand.
Chinese oil and gas company CNOOC Limited has commissioned what is said to be China’s first offshore carbon capture and storage (CCS) demonstration project. The CCS project, officially commissioned on 1 June, is an auxiliary part of the Enping 15-1 oilfield development and can store more than 1.5 mi
Equinor has completed the drilling of an exploration well near the Troll field in the Norwegian North Sea but failed to find hydrocarbons.
Offshore drilling contractor Odfjell Drilling has confirmed a new contract for a rig it manages on behalf of CIMC Offshore.
Petrobras has kicked off production from a new FPSO, deployed in the pre-salt Santos Basin offshore Brazil.
