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Oil & Gas

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Environmental Defense Fund Europe (EDFE)
Oil & Gas

Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts

European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.

about 3 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Oil & Gas

New jobs for Diamond Offshore’s rig fleet in U.S. and UK as drilling market shows signs of ‘broad-based upcycle’

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Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea.

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Oil & Gas

International offshore rig count slips a notch

Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.

about 3 years ago
Dover is a planned subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf of Mexico; Source: Shell
Oil & Gas

Shell scores high against backdrop of lower oil & gas prices while ConocoPhillips’ earnings take a hit

Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.

about 3 years ago
Deployment of monitoring tech for Project Greensand (Courtesy of TGS)
Oil & Gas

Newly developed monitoring technology for CO2 storage in North Sea proves successful

The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.

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

Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

about 3 years ago
Vaalco picks DOF Subsea for subsea reconfiguration off Gabon
Oil & Gas

DNV: Oil demand in transport sector to half by 2050 with maritime transitioning to a mix of fuels

Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte

about 3 years ago
NHV will begin regular flying from Esbjerg with new contract award from TotalEnergies EP Denmark; Credit: Roelof-Jan Gort/NHV Group
Oil & Gas

TotalEnergies hand-picks helicopter operator for two North Sea fields

TotalEnergies has handed out a new contract to NHV to support its offshore operations in the Danish sector of the North Sea.

about 3 years ago
Cerulean Winds NSRG
Oil & Gas

Cerulean North Sea renewables grid to power oil & gas platforms with floating wind

Cerulean Winds has unveiled plans to build the North Sea Renewables Grid (NSRG), an offshore integrated green power and transmission system, powered by floating wind, that oil and gas platforms could plug into for clean power. With its consortium of partners including NOV, Siemens Gamesa, Siemens En

about 3 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Oil & Gas

Two Odfjell Drilling rigs get more work

Equinor has exercised options to drill additional wells with two Odfjell Drilling-owned rigs, extending the rigs’ backlog further.

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

U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

17 minutes read
Illustration; Credit: Clyde Thomas/Longboat Energy
Oil & Gas

Longboat and Japan’s JAPEX set on creating ‘leading Norwegian-focussed independent’

Longboat Energy is putting the wheels into motion to form a joint venture (JV) with Japan Petroleum Exploration Co., Ltd (JAPEX).

about 3 years ago
Valaris DS-12 drillship; Source: Valaris
Oil & Gas

Valaris wraps up rig sale and gets more work for its fleet as offshore drilling market tightens

A deep dive into Valaris’ rigs, including details about new contracts and extensions along with other recent activities related to its fleet.

12 minutes read
Statfjord B platform; Credit: Harald Pettersen/Equinor
Oil & Gas

Probe into incident on North Sea platform underway after worker suffers ‘facial injuries’

Norwegian regulator has launched an investigation into an incident, which led to an injury, on an Equinor-operated platform in the North Sea.

about 3 years ago