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Oil & Gas

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Illustration; Source: TotalEnergies
Oil & Gas

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 3 years ago
AHT Sentosa; Source: Seacontractors
Oil & Gas

Two Boskalis vessels join Seacontractors fleet

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The Netherlands-headquartered maritime service provider Seacontractors has expanded its fleet with the acquisition of two Boskalis’ anchor handling tugs (AHTs).

about 3 years ago
Wintershall Dea enters second UK carbon capture and storage project
Oil & Gas

Wintershall Dea enters second UK carbon capture and storage project

Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

about 3 years ago
Environmental Defense Fund Europe (EDFE)
Oil & Gas

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?

The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.

about 3 years ago
Illustration; Source: Plexus
Oil & Gas

UK firm lands North Sea deal with Neptune

Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.

about 3 years ago
Paul B. Loyd Jr. rig; Source: Transocean
Oil & Gas

Dolphin Drilling gets UK safety case acceptance for rig being acquired from Transocean

Dolphin Drilling has received safety case acceptance from the UK Offshore Major Accident Regulator (OMAR) for a semi-submersible rig.

about 3 years ago
Penguins FPSO; Credit: Chris J Ratcliffe; Source: Greenpeace
Oil & Gas

Multi-million legal threat brews on UK horizon, as Shell sues Greenpeace for boarding North Sea-bound FPSO

Shell is in the process of bringing forth one of the biggest legal challenges Greenpeace has ever faced

about 3 years ago
UK oil & gas firm obtains approval to buy stake in two blocks off Angola
Oil & Gas

UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks

UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th

about 3 years ago
Reach Subsea inks charter contract for low-emission survey vessel
Oil & Gas

Reach Subsea inks charter contract for low-emission survey vessel

Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine

about 3 years ago
Argeo confirms $4.9 million contract with Shell
Oil & Gas

Argeo details $4.9 million contract win

Following the announcement in early October that it will be working for an “oil and gas supermajor”, Argeo has now revealed the client and remaining details. Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Oil & Gas

Report: Fossil fuel age not running out of gas, as production ramp-up undermines net-zero transition

A new report warns that plans to scale up fossil fuels threaten net-zero targets, derailing the transition to a sustainable future in line with the 1.5°C warming limit.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Vår Energi gearing up to spud two North Sea wells

Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.

about 3 years ago
Ocean GreatWhite at Kishorn Port back in 2019; Source: Kishorn Port
Oil & Gas

Diamond Offshore spots signs of ‘strong and lasting upcycle’ as its rigs land new jobs in UK

Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.

about 3 years ago
Valaris 121 rig; Source: Valaris
Oil & Gas

Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens further

Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.

about 3 years ago