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Oil & Gas

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Illustration; Source: Parkmead Group
Oil & Gas

UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland

The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.

about 2 years ago
Three more DOF vessels going to work for Petrobras
Oil & Gas

Three DOF vessels going to work for Petrobras

Norwegian vessel owner DOF Group has secured multiple new contract awards that will see another three of its vessels working for Brazilian oil and gas giant Petrobras. Anchor handling tug and supply (AHTS) vessels Skandi Jupiter and Skandi Mercury, under management contracts with DOF, have been cont

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about 2 years ago
Platform L13C is the first platform on the Dutch side of the Southern North Sea that was converted in the Decomplexing project; Source: Tenaz Energy
Oil & Gas

Shell and ExxonMobil JV cuts a deal with Canadian firm to give up its North Sea oil & gas business for $180 million

Canada’s Tenaz Energy has set the stage to become the second largest operator in the Dutch sector of the North Sea (DNS) by acquiring all of the issued and outstanding shares of NAM Offshore.

about 2 years ago
'Large' subsea win takes TechnipFMC offshore Israel
Oil & Gas

‘Large’ subsea win takes TechnipFMC offshore Israel

TechnipFMC has secured what it says is a large integrated engineering, procurement, construction, and installation (iEPCI) contract with London-based oil and gas player Energean for subsea infrastructure destined for a field offshore Israel. As part of the contract worth between $500 million and $1

about 2 years ago
Illustration; Courtesy of Xodus
Oil & Gas

Interview: North Sea at the heart of Europe’s CCUS efforts with power generation woven into its fabric

The North Sea offers hope that Europe can stay afloat in the coming years and tackle climate change woes by drinking from the well of an ever-growing palette of low-carbon and clean energy sources to quench the net zero thirst with carbon capture utilization and storage (CCUS) as the keystone of gre

11 minutes read
Saipem to supervise natural gas pipeline between Libya and Italy
Oil & Gas

Saipem to supervise gas pipeline it laid between Libya and Italy in early 2000s

Italy’s Saipem has been appointed to supervise and provide subsea intervention services for the offshore and onshore sections of a natural gas pipeline connecting Libya and Italy through the Mediterranean Sea. Under the contract secured with GreenStream BV, a midstream player in the Mediterranean Se

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
Akçakoca platform; Source: Trillion Energy
Oil & Gas

Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

about 2 years ago
Solan platform (for illustration purposes only); Source: Harbour Energy
Oil & Gas

With UK’s oil & gas decom costs on the rise, operators urged to get the job done by securing supply chain resources ‘now’ to avoid bottlenecks

The NSTA has warned North Sea operators to pick up the pace of their well decommissioning operations to prevent further price hikes.

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Oil & Gas

EU’s first-ever methane clampdown regulation becoming law of the land

The EU has set standards in place to curb its methane footprint from the energy sector, with the historic legislation to slash methane emissions in Europe.

about 2 years ago
Illustration; Source: Snam
Oil & Gas

Italian firm on track to bring FSRU for its LNG terminal online next year

Italy’s Snam has disclosed that the work is going as planned, with the FSRU for its Ravenna LNG terminal scheduled to go online in Q1 2025.

about 2 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Oil & Gas

As oil & gas player closes the book on Norwegian ops, rebranding coming soon for one opened in Southeast Asia

Longboat Energy has ended its oil and gas story in Norway by wrapping up the divestment of its assets and will focus on building a full-cycle E&P business in Southeast Asia.

about 2 years ago
Pioneering Spirit removes Ekofisk 2/4 G jacket; Source: Aker BP
Oil & Gas

WATCH: World’s largest offshore construction vessel takes former platform’s jacket out of North Sea as recycling time comes

Allseas has performed another removal task in the North Sea with its giant offshore construction vessel for Aker BP, a Norwegian oil and gas player.

about 2 years ago
Shell's field disappears from horizon with heaviest offshore lift ever performed
Oil & Gas

Shell’s field disappears from horizon with heaviest offshore lift ever performed

Allseas has completed the removal of the fourth and final platform from Shell’s Brent field in the UK’s North Sea as part of a decommissioning project that took over a decade to conclude. The Brent oil and gas field, located northeast of the Shetland Islands, was one of the largest fields in the Nor

about 2 years ago