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Oil & Gas

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Illustration; Source: International Energy Agency (IEA)
Oil & Gas

Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten

about 3 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Oil & Gas

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

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

BP cheers stamp of approval for oil & gas project in North Sea

BP has received the green light from Britain’s government to proceed with its proposed development of an oil and gas field in the UK sector of the North Sea.

about 3 years ago
ACE topsides installation; Source: Mammoet
Oil & Gas

Mammoet done with jacking, load-out and float-over job for BP’s Caspian Sea platform – gallery

Mammoet has performed jacking, load-out and float-over operations for a 19,600-tonne offshore platform destined for BP’s project in the Caspian Sea, offshore Azerbaijan.

about 3 years ago
Aker BP's Valhall PWP – Fenris; Source: ProSep
Oil & Gas

ProSep gets work on Aker BP’s new North Sea platform

ProSep has secured a contract for produced water treatment on Aker BP’s new central processing and wellhead platform (PWP) in the North Sea off Norway.

about 3 years ago
Cambo FPSO design; Source: Sevan SSP
Oil & Gas

Ithaca buying Shell’s stake in UK’s ‘second largest undeveloped oil and gas discovery’

Shell has wrapped up a marketing process with Ithaca Energy for its interest in the controversial Cambo offshore development.

about 3 years ago
Bernard Looney, BP's outgoing CEO; Source: BP
Oil & Gas

After its CEO steps down, BP puts current CFO in charge on interim basis

BP has decided to appoint its current CFO as its interim Chief Executive Officer, following the resignation of Bernard Looney from the role.

about 3 years ago
PSV Energy Swan; Source: Golden Energy
Oil & Gas

Repsol hires Golden Energy Offshore’s vessel for more work

Golden Energy Offshore Services (GEOS) has secured a new contract for one of its platform supply vessels (PSVs) with Repsol Norge, a subsidiary of Spain’s Repsol.

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Oil & Gas

Norway wants to see oil & gas and renewables ‘thriving’ side-by-side

The Norwegian Petroleum Directorate (NPD) has underlined the importance of the coexistence of multiple energy industries on the NCS.

about 3 years ago
Boyko towers; Source: Ukraine’s military intelligence authorities
Oil & Gas

WATCH: Ukraine seizes control over Black Sea oil & gas drilling platforms from Russia

Following a military operation, Ukraine has brought back into its fold platforms in the Black Sea off the coast of Crimea.

about 3 years ago
Castoro 10 pipelay barge will carry out offshore operations for this FSRU project; Source: Saipem
Oil & Gas

After Saipem, Rosetti Marino confirms work on new FSRU project off Italy

Rosetti Marino has been hired by Snam Rete Gas for work on the facilities for a FSRU to be developed for deployment in the Adriatic Sea.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
Two new contracts bring €850 million to Saipem
Oil & Gas

Two new contracts bring €850 million to Saipem

Italian oilfield services provider Saipem has secured two new contracts for offshore activities in Côte d’Ivoire and Italy for an overall amount of €850 million. Saipem won a contract with Eni Côte d’Ivoire and its partner Petroci to deliver subsea umbilicals, risers, and flowlines (SURF) for the de

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

‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

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