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Oil & Gas

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Fossil EnergyRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersHuman CapitalSafetyAuthorities & GovernmentRegulation & PolicyLow-Carbon TransitionTransitionLiquefied Natural GasEnvironmentRules & RegulationPipesProduction & ProcessingSubseaInfrastructureOperations & Maintenance
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

Equinor gets more info on oil discovery to gauge development option

Equinor has wrapped up drilling activities at an appraisal well in the Barents Sea off the coast of Norway with one of Odfjell Drilling’s rigs.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Oil & Gas

New rig deals lift Valaris’ contract backlog to $4 billion

Valaris has expanded its contract backlog, thanks to a series of new contract awards and extensions with multiple oil and gas companies.

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

More time in UK for Archer thanks to $40 million extension deal

Oil services company Archer has landed a two-year contract extension for platform drilling services with an undisclosed company in the UK.

about 2 years ago
Illustration; Credit: Manfred Jarisch/Equinor
Oil & Gas

Equinor sees downturn in oil & gas workers’ injury frequency

Equinor has provided safety results for the first quarter of 2024, reporting no serious well control incidents.

about 2 years ago
Deepwater Titan drillship; Source: Transocean
Oil & Gas

Transocean anticipates more long-term rig deals over next few months

Transocean is looking forward to securing new assignments for its rig fleet, thanks to the high demand for offshore drilling services on the global oil and gas stage.

about 2 years ago
Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling
Oil & Gas

North Sea operator books Shelf Drilling rig for ops in UK waters

Shelf Drilling has won a new deal for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

UK’s political and fiscal regime hampers Deltic’s ability to fund its share of appraisal costs for North Sea discovery

Deltic Energy is still on the lookout for a farm-out partner to ensure that its share of costs will be secured for the appraisal of a gas discovery in the North Sea.

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

OMV steps up its methane reduction game by joining UN program for curbing such emissions

OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).

about 2 years ago
Abdülhamid Han drillship; Source: TPAO
Oil & Gas

Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Oil & Gas

Equinor gets ready to spud North Sea pair in June

Equinor has secured a drilling permit from the country’s authorities for two exploration wells in the North Sea off the coast of Norway.

about 2 years ago
Tyra II; Source: TotalEnergies
Oil & Gas

Delay on the horizon: TotalEnergies’ testing and commissioning being prolonged at giant North Sea project

TotalEnergies is anticipating a longer testing program and commissioning plan for the achievement of full technical capacity at its gas project in the Danish sector of the North Sea.

about 2 years ago
ExxonMobil taps French pipe supplier for its sixth oil development off Guyana
Oil & Gas

ExxonMobil taps French pipe supplier for its sixth oil development off Guyana

French provider of tubular solutions Vallourec has secured a contract with ExxonMobil to deliver pipe for a deepwater oil development located offshore Guyana. The contract for the deepwater Whiptail project represents the fourth major order in the framework of the long-term agreement (LTA) signed in

about 2 years ago
Deepwater Gunashli platform; Source: BP
Oil & Gas

BP shuts down oil production at offshore platform in Azerbaijan

BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Illustration; Credit: Taylor Ken/TotalEnergies
Oil & Gas

Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies

TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.

about 2 years ago
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