
Well integrity specialists HydraWell and READ have teamed up to create a combined company focused on late-life oilfield activities including cost-efficient and environmentally safe permanent plugging and abandonment (P&A) of hydrocarbon wells.

Australian government and oil and gas industry have allocated $1.2 million in funding to build the country’s first deepwater hyperbaric chamber testing and maintenance facility, capable of facilitating subsea control modules.

TotalEnergies has implemented a worldwide drone-based detection campaign across its operated oil and gas assets to reduce methane emissions.

Environmental activists in the UK have blocked a Russian oil tanker from docking in Essex, calling on the government to “get off Russian oil and gas.”

Equinor has exercised its option to drill more wells with Odfjell Drilling’s rig, extending the rig’s backlog for operations offshore Norway.

When it comes to securing energy for the future in a sustainable way, we have reached a junction where we have to choose a way forward.

Turkey’s latest drillship, bought last year from a South Korean shipyard, is set to join three other drillships as the country is working to develop its gas resources amid a growing need for the security of supply.

Norwegian Equinor and its compatriot Aibel have entered into a 10-year agreement to ensure a close and long-term strategic collaboration.

American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.

Inpex has submitted an environment plan to the country’s regulator for exploration drilling in Commonwealth waters, offshore Australia.

The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.

Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.

SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.

Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.