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Oil & Gas

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Fossil EnergyAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRegulation & PolicyRules & RegulationRigsExploration & ProductionProject & TendersProduction & ProcessingSubseaInnovationOutlook & StrategyTechnologyVisionFPSO & VesselsCertification & ClassificationClean FuelLow-Carbon TransitionOther FuelsVesselsLiquefied Natural GasMarket Outlooks
Licence 1/11 (Barryroe field); Source: Lansdowne
Oil & Gas

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 5 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Oil & Gas

Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while

about 5 months ago
OneSubsea targets next-gen technologies with purchase of Norwegian subsea business
Oil & Gas

OneSubsea targets next-gen technologies with purchase of Norwegian subsea business

OneSubsea, a joint venture (JV) established in 2023 by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norwegian Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Gro

about 5 months ago
FPSO Catcher; Source: BW Offshore
Oil & Gas

BW Offshore’s FPSO staying until 2030’s end at North Sea field

Oslo-headquartered BW Offshore has made arrangements to keep its floating production, storage, and offloading (FPSO) vessel occupied until the end of the current decade at its ongoing assignment in the North Sea on the UK Continental Shelf (UKCS).

about 5 months ago
Andrew McKeran, Chief Growth Officer at Lloyd’s Register; Loy Wee Meng, Senior Product Manager of Wison New Energies FPSO Product Center; and Li Chaoyan, President of Americas at Wison New Energies; C
Oil & Gas

Wison New Energies’ internal turret FPSO design wins endorsment from Lloyd’s Register

UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system.

about 5 months ago
COSL Innovator rig; Source: COSL
Oil & Gas

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.

about 5 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Oil & Gas

New gas storage license on the horizon for UK’s integrated energy storage project

England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea.

about 5 months ago
Kvitebjørn - Equinor - Wellesley
Oil & Gas

Aker Solutions on FEED duty for North Sea gas condensate discovery

Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s state-owned energy giant Equinor.

about 5 months ago
An offshore platform being approached by a small vessel
Oil & Gas

Prosafe set on securing ‘follow-on’ vessel work

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has provided insight into its fleet utilization for the first quarter of 2026 and its future expectations.

about 5 months ago
18 companies secure a share of €1.56 billion as Equinor extends key agreements
Oil & Gas

18 companies secure a share of €1.56 billion as Equinor extends key agreements

Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to employ around 2,500 people. Equinor reported today, May 4, that

about 5 months ago
Illustration: Source: Wood Mackenzie
Oil & Gas

Gulf LNG export woes push gas prices up but diversification becomes Europe’s energy lifeline

Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified

about 5 months ago
Illustration; Source: Wood Mackenzie
Oil & Gas

Oil & gas firms step up exploration game to tackle supply shortfall by 2050

As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2

about 5 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Oil & Gas

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

about 5 months ago
Norwegian cleantech services firm gets to work on Romania’s first deepwater project
Oil & Gas

Norwegian firm pulls off hat trick for rigs working in Europe

Norway-based cleantech service provider Soiltech has secured three new assignments for rigs deployed in the Black Sea, the Netherlands, and Norway.

about 5 months ago
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