The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development would have within the context of the energy trans
Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will leave behind renewable energy assets.
Scotland’s oil and gas services firm Plexus Holdings has decided to suspend activities with its Russian licensee Gusar until further notice as a result of the ongoing situation in Ukraine. Plexus has a license agreement with Gusar under which the Russian company is able to supply the Russian and CIS
IOG is finishing the final works required for the start-up of its Saturn Banks Project – Phase 1 to bring it online next week.
Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.
A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown that thermoplastic composite pipes (TCP) have a significantly lower carbon footprint, in the range of 30-60%, than an equivalent carbon steel pipeline solution. The report outlines the results from a joint indus
Empyrean is engaged in further discussions with COSL and CNOOC to finalise a spud date for the Jade prospect well, located offshore China.
Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels.
The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row.
In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.
The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports.
Oil and gas exploration and production company Energean has connected the Karish offshore gas field to the Israel National Gas Line,
