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Oil & Gas

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Fossil EnergyRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersDecommissioningSubseaHeavy liftingVesselsLow-Carbon TransitionAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentOutlook & StrategyRegulation & PolicyRules & RegulationTransitionOperations & MaintenanceDeepwater InstallationEquipmentCollaboration
Stena Spey rig; Source: Stena Drilling
Oil & Gas

With hydrocarbons present, results of North Sea well found to be ‘encouraging’

Ithaca Energy has revealed more information about the results of its exploration drilling at the K2 prospect, located in the North Sea.

about 3 years ago
Pioneering Spirit's DP3 and DP4 jackets removal campaign; Source: Allseas
Oil & Gas

Gallery: Allseas’ giant vessel removes two Morecambe Bay jackets in less than two days

Allseas has completed the two jackets removal campaign for Spirit Energy’s Morecambe Bay development in the East Irish Sea, using its heavy lift vessel Pioneering Spirit.

about 3 years ago
Energy Industries Council (EIC)
Oil & Gas

Are net-zero aspirations in jeopardy with oil & gas boom at full tilt?

The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk.

about 3 years ago
Peregrino field off Brazil; Credit: Einar Aslaksen/Equinor
Oil & Gas

Lower oil & gas prices take a bite out of Norwegian energy giant’s profit

Equinor’s profit was cut in more than half from record-high figures seen last year due to significantly lower energy prices.

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

Court fight on UK govt’s hands over oil & gas licensing round

Greenpeace has decided to take the UK government to court over – what it deems to be – an “unlawful” oil and gas decision.

about 3 years ago
French firm expands its work scope for one of the world’s largest deepwater fields
Oil & Gas

French firm expands its work scope for one of the world’s largest deepwater fields

French provider of tubular solutions Vallourec has secured two new orders to deliver line pipes for an oil field development operated by Petrobras offshore Brazil. As part of the orders defined as “major”, Vallourec will supply line pipes for phases 6 and 8 of the Búzios oil field development. The o

about 3 years ago
Well-Safe Defender rig; Source: Well-Safe Solutions (video)
Oil & Gas

Well-Safe Solutions rig winds down decom ops at one North Sea field and moves to another

Well-Safe Solutions’ semi-submersible rig has wrapped up its decommissioning assignment on one of the fields on the UKCS.

about 3 years ago
Uranus rig; Source: Trillion Energy
Oil & Gas

With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria

Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.

about 3 years ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Oil & Gas

Norway throws importance of oil & gas for Europe’s energy security into stark relief

Norway stepped up to help alleviate Europe’s energy woes, becoming the continent’s largest gas supplier in the process.

about 3 years ago
Kistos' exploration and production licenses in the Netherlands; Source: Kistos
Oil & Gas

With appeal for North Sea licence extension out of the way, Kistos eyes appraisal drilling ops

Kistos has successfully appealed against the Netherlands Ministry of Economic Affairs’ decision not to extend the term of a licence in the North Sea.

about 3 years ago
Island Innovator rig; Source: Island Drilling
Oil & Gas

WATCH: Island Drilling rig getting ready for coil tubing ops in UK waters

Island Drilling has revealed a video of its semi-submersible rig, which is preparing for coil tubing operations while on contract with Dana Petroleum in the UK.

about 3 years ago
Njord field in the Norwegian Sea; Credit: Even Kleppa/Lizette Bertelsen – Equinor
Oil & Gas

With gas on a downward spiral, Norway’s oil output keeps upping the ante

Norway’s oil production remained on the rise in June 2023 compared to the Norwegian Petroleum Directorate’s predictions.

about 3 years ago
Transocean's Deepwater Invictus drillship; Source: BHP (now Woodside)
Oil & Gas

Transocean’s plethora of new rig deals fetches $1.2 billion

Transocean has won a bundle of new contracts and extensions in Mexico, Australia, Norway, Lebanon, and the East Mediterranean Sea.

about 3 years ago
Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor
Oil & Gas

Europe redraws black gold map by switching out Russian oil with barrels from other top producers

With the demand for black gold still going strong, Europe has replaced Russian oil barrel for barrel by importing more from other producers.

about 3 years ago
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