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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionLow-Carbon TransitionSubseaCarbon Capture Usage & StorageCollaborationTransitionAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationDecommissioningProject & TendersVesselsIT & SoftwareOutlook & StrategyTechnologyLiquefied Natural GasMarket OutlooksPipesOffshore WindResearch & DevelopmentFPSO & VesselsInnovation
Judy platform; Source: Harbour Energy
Oil & Gas

‘Big step forward’ for Harbour Energy as it takes hold of Wintershall Dea’s oil & gas assets

Harbour Energy has brought into its fold all upstream business assets that used to belong to Germany’s Wintershall Dea, aside from the ones in Russia, after wrapping up an $11.2 billion acquisition.

about 2 years ago
Ravenna Hub; Source: Ravenna CCS
Oil & Gas

Eni and Snam start the CO2 injection ball rolling at Italy’s first carbon capture and storage project

Eni and Snam have got down to the CO2 injection business at the first carbon capture and storage (CCS) project in Italy, which comes with a facility fully powered by electricity from renewable sources, avoiding further CO2 emissions.

about 2 years ago
Port of Rotterdam through which Porthos pipeline will run; Source: Port of Rotterdam
Oil & Gas

Porthos in the making: New construction steps setting the stage for first Dutch large-scale North Sea carbon transport and storage project

With the infrastructure buildout phase underway, the foundation stone has been laid down for the first large-scale Dutch carbon capture and storage (CCS) project.

about 2 years ago
FPSO Norne; Source: Equinor
Oil & Gas

Norway’s DNO building up oil & gas portfolio through new acquisitions and drilling ops

DNO has been stockpiling its oil and gas arsenal by pursuing acquisitions of offshore fields and searching for more hydrocarbons on the Norwegian Continental Shelf (NCS).

about 2 years ago
FPSO Western Isles; Source: Jersey Oil & Gas
Oil & Gas

Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena

NEO Energy has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s oil redevelopment project in the North Sea may be postponed.

about 2 years ago
Shearwater; Source: Shell
Oil & Gas

Giant oil & gas projects on thin ice as UK pulls out of court battle: Will Shell and Equinor get cold feet or take a stand against legal challenges?

While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc

about 2 years ago
FPSO Norne; Source: Equinor
Oil & Gas

With portfolio now five oil & gas fields lighter, Vår Energi’s stake in operated asset gets boost

Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.

about 2 years ago
Kittiwake platform; Source: Petrofac
Oil & Gas

Shell signs over decom management role at North Sea fields to EnQuest

EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.

about 2 years ago
Safe Caledonia flotel; Source: Prosafe
Oil & Gas

Prosafe flotel firms up North Sea assignment

Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.

about 2 years ago
Shell leveraging Swiss digital twin technology to optimize global offshore assets
Oil & Gas

Shell leveraging Swiss digital twin technology to optimize global offshore assets

Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi

about 2 years ago
A vessel next to an offshore platform
Oil & Gas

Rystad: With global gas markets in ‘fragile equilibrium,’ more LNG key to 2030 energy targets

Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.

about 2 years ago
The 2-kilometer-long cooling bundle for Fenris was slowly towed to sea; Source: Aker BP
Oil & Gas

Installation of 2-kilometer-long cooling bundle for North Sea field underway in Norwegian waters

Aker BP has confirmed the start of installation activities for a 2-kilometer-long cooling bundle at its field in the North Sea, as part of its development project which will ensure a lifetime extension for the Valhall field on the Norwegian Continental Shelf (NCS) past 2028.

about 2 years ago
TotalEnergies INTOG
Oil & Gas

TotalEnergies’ floating offshore wind project to power UK oil & gas platform

France’s TotalEnergies plans to launch a floating offshore wind pilot project to supply renewable energy to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located two kilometers west of the Culzean platform, 220 kilometers off the eastern coast of Scotland.

about 2 years ago
Jun Zhu, Senior Concept Designer at Altera Infrastructure, presents next-generation FPSO; Credit: Nadja Skopljak/Offshore Energy
Oil & Gas

MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.

about 2 years ago
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