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Oil & Gas

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Greater Buchan Area concept; Source: Jersey Oil & Gas
Oil & Gas

UK oil & gas player firming up farm-out talks with ‘well-funded industry heavyweight’

Jersey Oil & Gas plc is in the process of finalising a farm-out process with an undisclosed operator for an asset in the North Sea.

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

Odfjell Drilling secures more North Sea work for its rig

Odfjell Drilling has inked two letters of intent with an undisclosed client for one of its rigs to carry out drilling activities in the North Sea.

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

Eni creates new venture to enhance pipeline monitoring technology

Italian energy giant Eni has created a new venture called Enivibes, dedicated to increasing the market value of its proprietary vibroacoustic pipeline monitoring system technology. The establishment of the new venture comes as Eni wishes to enhance the market value of its proprietary technology call

about 3 years ago
Danes complete salvage of undefined object adjacent to Nord Stream pipeline
Oil & Gas

Danes complete salvage of undefined object adjacent to Nord Stream pipeline

The object that was found adjacent to the Nord Stream 2 pipeline last week has been salvaged, the Danish Energy Agency has confirmed. The salvage, which was carried out at a water depth of 73 meters, was completed on 28 March. According to the Danish Defense, investigations indicate that the object

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

Fourth well in Black Sea drilling campaign comes online

Trillion Energy has put the fourth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye into production.

about 3 years ago
For illustration purposes; Source: NSTA
Oil & Gas

On a mission to boost North Sea production, UK moves to address delays in buying and selling of oil & gas assets

The NSTA has put the wheels into motion to speed up North Sea oil and gas production by proposing the removal of barriers to investment.

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

Third Black Sea well goes on stream with fourth one days away from following suit

Trillion Energy has kicked off production from the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Aker Solutions ramps up green steel game with First Movers Coalition pledge
Oil & Gas

Aker Solutions ramps up green steel game with First Movers Coalition pledge

Norwegian oilfield services provider Aker Solutions has joined the First Movers Coalition (FMC), thereby committing to buying at least 10 per cent of its steel from low-emissions sources by 2030. By joining the decarbonizing coalition, Aker Solutions has committed to a frame agreement for steel purc

about 3 years ago
Transocean Norge; Source: Transocean
Oil & Gas

Transocean rigs find more work in Australia and Norway

Offshore drilling contractor Transocean has secured a new contract and an extension for two semi-submersible rigs in Australia and Norway.

about 3 years ago
Valaris 123 jack-up rig; Source: Keppel
Oil & Gas

UK player mulls over more drilling ops in Dutch North Sea

Kistos is considering embarking on further drilling activities to boost output from its assets in the Dutch sector of the North Sea.

about 3 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Oil & Gas

Transocean rig spins the drill bit at TotalEnergies’ UK prospect

TotalEnergies has started drilling a prospect off the coast of the United Kingdom (UK), using one of Transocean’s semi-submersible rigs.

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

Island Drilling rig on its way to Norway to get ready for its next gig in UK

Island Drilling has revealed that its semi-submersible rig is in transit to Norway to prepare for its next contract with Dana Petroleum in the UK.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Oil & Gas

Transocean lands strategic collaboration deal with Equinor and secures more work for two rigs

Equinor has inked a strategic collaboration agreement with Transocean and added more work to the backlog of two semi-submersible rigs.

about 3 years ago
The International Renewable Energy Agency (IRENA)
Oil & Gas

With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it

The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.

about 3 years ago
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