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Oil & Gas

Offshore Energy Exhibition & Conference 2023 expands with additional exhibition hall

Europe’s premier offshore energy event to feature an integrated conference area, Offshore Energy Pavilion, and more. Offshore Energy Exhibition & Conference (OEEC) 2023, the highly anticipated event for the offshore energy industry, is proud to announce the addition of an extra exhibition hall. Th

about 3 years ago

Reabold's North Sea portfolio; Source: Reabold Resources

Oil & Gas

UK player seeking farm-down of high-graded assets in its North Sea basket

Reabold Resources has undertaken a high-grading exercise of its North Sea licences and plans to farm down its stake in retained assets.

about 3 years ago

Oil & Gas

Ithaca getting its hands on full ownership of UK gas discovery and three North Sea licences

Ithaca Energy has set the wheels into motion with the signing of a sale and purchase agreement to acquire the remaining stake in a discovery.

about 3 years ago

Noble Resilient jack-up rig; Source: Noble Corp.

Oil & Gas

Recoverable oil & gas volume in Shell’s recent UK North Sea discovery nearly doubled

Shell has carried out a post-well analysis of a discovery in the North Sea, indicating a significant boost in the estimated oil & gas resources.

about 3 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Oil & Gas

Norway adds ‘largest discovery’ in a decade to its hydrocarbon arsenal

Wellesley Petroleum has made a significant gas and condensate discovery in a prospect located in the North Sea.

about 3 years ago

Oil & Gas

New upstream energy investment player snaps up three offshore production vessels

Samos Energy has completed its first acquisition by getting its hands on all shares of PetroFirst, a floating energy infrastructure owner.

about 3 years ago

Oil & Gas

BP joins Offshore Energy Exhibition & Conference 2023

BP, a global leader in the energy industry, has confirmed its participation at Offshore Energy Exhibition & Conference (OEEC) 2023. The company will join as one of the sponsors and exhibitors on what is already becoming a very exciting exhibition floor. Moreover, BP will take part in the OEEC progra

about 3 years ago

Oil & Gas

International offshore rig count activity takes a downward plunge in June

Baker Hughes’ international rig count report shows that the number of offshore rigs experienced a downward trend in June 2023.

about 3 years ago

Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan; Source: SOCAR

Oil & Gas

First gas flows from TotalEnergies and SOCAR’s Caspian Sea field

TotalEnergies and its partner, SOCAR, have brought on stream a gas and condensate field in the Caspian Sea offshore Azerbaijan.

about 3 years ago

Oil & Gas

In focus: How international are decarbonization efforts?

In Europe, we have been seeing an increasing amount of climate change evidence that makes us reconsider our outfit choices every day and if (not) bringing an umbrella was the right thing. A not-so-snowy winter, no nice spring weather, a lot of summer rain in Southeastern and Central Europe, but very

about 3 years ago

Illustration; Source: Offshore Energies UK (OEUK)

Oil & Gas

New legal storm looms over the UK: Will it scrap its £11.6 billion climate pledge?

The plot thickens further with a leaked document about the UK’s alleged plans to scrap its £11.6 bln (close to $14.9 billion) climate pledge.

12 minutes read

Illustration; Source: North Sea Transition Authority

Oil & Gas

Ithaca, Aker Solutions, Expro, Proserv, and EY back 10-point plan to improve North Sea workers’ mental health

Five energy industry players have given their backing to a charter aimed at improving the mental health of thousands of North Sea workers.

about 3 years ago

Island Constructor vessel; Source: Island Offshore

Oil & Gas

All-clear for Aker BP to deploy well intervention vessel for North Sea ops

Aker BP has received consent from Norway’s regulator to use one of Island Offshore’s vessels for work in the Norwegian North Sea.

about 3 years ago

Danish concession area; Source: Danish Energy Agency (DEA)

Oil & Gas

Denmark kicks off mini oil & gas licensing round in North Sea

Denmark has opened a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish sector of the North Sea.

about 3 years ago