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Oil & Gas

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Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan (for illustration purposes); Source: SOCAR
Oil & Gas

TotalEnergies and SOCAR take on ADNOC as partner in gas field off Azerbaijan

TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.

about 3 years ago
United Oil & Gas
Oil & Gas

Another delay hinders sale of North Sea discovery

United Oil & Gas is engaged in talks with Quattro Energy regarding a potential further extension for the sale of its license in the North Sea.

about 3 years ago
Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP
Oil & Gas

BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed

BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.

about 3 years ago
Fugro performs another fully remote survey for TAQA
Oil & Gas

Fugro performs another fully remote survey for TAQA

Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and gas operator TAQA Group. Fugro completed its first fully remote offshore integrity inspections campaign in the North Sea for TAQA Netherlands at the beginning of the year using the Fugro Orca Blue Es

about 3 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Oil & Gas

Viking and Acorn picked as two new clusters to expand UK’s carbon capture and storage industry

The UK government has selected two carbon capture and storage (CCS) projects to establish two new clusters through the Track 2 process.

about 3 years ago
Illustration; Source: North Sea Transition Authority
Oil & Gas

North Sea gas supports both energy security and net-zero goals, says UK regulator

North Sea Transition Authority’s new analysis shows that domestically produced gas is significantly cleaner than the imported LNG.

about 3 years ago
Åsgard B platform; Credit: Øyvind Hagen/Equinor
Oil & Gas

‘Major’ modification work at Norwegian offshore platform is a go

Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.

about 3 years ago
Askeladden rig; Source: Equinor
Oil & Gas

Equinor receives nod for North Sea drilling ops

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

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

Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices.

about 3 years ago
Pipes for second phase of giant Black Sea gas project to come from Italy
Oil & Gas

Pipes for second phase of giant Black Sea gas project to come from Italy

Luxembourg-headquartered manufacturer of pipes and related services Tenaris has secured a contract to supply products for a giant natural gas project in the Black Sea in Türkiye. Tenaris will supply pipes and services for phase II-A of the Sakarya gas field development, operated by Turkish Petroleum

about 3 years ago
TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023
Oil & Gas

TechnipFMC breaks subsea order records, expects to reach $9 billion in 2023

TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2% increase compared to Q1 2023 and a 113.4% increase compared to the same period in 2022. Records were set for the company’s iEPCI full-field subsea development and integrated project execution and Sub

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

Fleet expansion with two Transocean rigs represents harbinger of growth for Dolphin Drilling

Dolphin Drilling regards its acquisition of two semi-submersible rigs from Transocean as the herald of further growth not just in the UK but also on the global stage.

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

As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit

Shell’s profit has been cut by more than half year-on-year, compared to the record high levels reported last year.

about 3 years ago
TotalEnergies
Oil & Gas

TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy.

about 3 years ago
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