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Oil & Gas

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Fossil EnergyLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationTransitionProject & TendersRigsFPSO & VesselsMarket OutlooksOutlook & StrategyProduction & ProcessingSubseaEquipmentInfrastructureInnovationTechnologyLNGCollaborationClean FuelOther FuelsVessels
Offshore Energies UK (OEUK)
Oil & Gas

As UK pledges more oil & gas licensing opportunities, calls emerge to supercharge renewables instead

Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.

about 3 years ago
ETAP facility in the North Sea; Source: BP
Oil & Gas

BP brings on stream first oil & gas tie-back to its UK North Sea hub in 20 years

BP has started production from a field in UK waters, which was developed by Neptune Energy and connected to the oil major’s 25-year-old Eastern Trough Area Project (ETAP) hub, reusing some existing subsea infrastructure.

about 3 years ago
Gina Krog field in the North Sea; Source: Ole Jørgen Bratland/Equinor
Oil & Gas

After Shelf Drilling rig hits gas in North Sea, production start-up on the cards by year-end

Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.

about 3 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Oil & Gas

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.

about 3 years ago
Nokia firm delivers subsea tech for Equinor's oil project
Oil & Gas

Nokia firm delivers subsea tech for Equinor’s oil project

Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber con

about 3 years ago
Deepwater Atlas drillship (for illustration purposes); Source: Transocean
Oil & Gas

International offshore rig count slips down a few more notches

With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before

about 3 years ago
Oseberg C; Credit: Øyvind Hagen/Equinor
Oil & Gas

Fresh North Sea oil & gas discovery enriches Norwegian field’s hydrocarbon arsenal

Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea off Norway.

about 3 years ago
Prelude; Source: Shell
Oil & Gas

Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.

13 minutes read
Valaris 249 jack-up rig; Source: Valaris
Oil & Gas

Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion

Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.

about 3 years ago
Steel-cutting ceremony for Munin platfrom; Source: Aker BP
Oil & Gas

First steel cut for North Sea-bound unmanned gas production platform – gallery

Aker BP has celebrated the start of the construction phase for a platform, which is destined to be deployed in the North Sea offshore Norway.

about 3 years ago
Noble Valiant drillship; Source: Noble Corporation
Oil & Gas

With contract backlog of $4.7 billion, Noble looks forward to ‘sustained long-term upcycle’

Noble Corporation has reported strong operational and financial performance during the third quarter of 2023.

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

IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 3 years ago
QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
Oil & Gas

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK

QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

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

With UK fiscal challenges ‘undermining investor confidence,’ sale of North Sea discovery falls through due to lack of money

Quattro Energy Limited has been unable to raise the required funds for the acquisition of United Oil & Gas’ license in the Central North Sea, which includes an existing hydrocarbon discovery.

about 3 years ago
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