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FPSO Prosperity; Source: Keppel Offshore & Marine

Oil & Gas

Two SBM Offshore’s FPSOs slated for first oil in 2023

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

about 3 years ago

Diamond Offshore’s Ocean GreatWhite rig; Source: Ferguson Transport & Shipping (video)

Oil & Gas

WATCH: Diamond Offshore’s giant semi-sub rig getting ready for its North Sea job

Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.

about 3 years ago

Oil & Gas

Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

12 minutes read

Statfjord B; Credit: Harald Pettersen/Equinor

Oil & Gas

With probe into gas leaks on North Sea platform done, Equinor gets regulatory order

Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.

about 3 years ago

MV Island Commander; Source: Island Offshore

Oil & Gas

Island Offshore’s vessel gets more time with Equinor

Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs) busy for seven more months.

about 3 years ago

Deepwater Atlas drillship; Source: Transocean (video)

Oil & Gas

With largest annual backlog since before 2014 woes hit industry, Transocean envisages ‘multi-year upcycle’

Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.

about 3 years ago

Johan Sverdup field in the North Sea; Credit: Lizette Bertelsen & Jonny Engelsvoll/Equinor

Oil & Gas

Equinor tasked with tackling five improvement points at Johan Sverdrup

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified improvement points will be sorted out.

about 3 years ago

A photo of the offshore wind turbines at Borssele 1 & 2 offshore wind farm

Oil & Gas

Dutch intelligence warns Russia may be preparing to sabotage offshore wind, gas and cable infrastructure in North Sea

Dutch General and Military Intelligence and Security Services (AVID and MVID) have sent a letter to the government together with an update on the latest insights into activities being covertly conducted by Russia, including those that are potentially being carried out in preparation for sabotage of

about 3 years ago

Valaris 118, formerly known as Joe Douglas; Source: BP

Oil & Gas

Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

about 3 years ago

Illustration; Source: International Energy Agency (IEA)

Oil & Gas

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago

Oil & Gas

Seismic surveys for gas exploration offshore Greece reach finish line

A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T

about 3 years ago

Illustration; Source: NPD; Credit: Morten Berentsen

Oil & Gas

Norway sees lower oil and higher gas output in January

Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.

about 3 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Oil & Gas

Norwegian oil & gas firm all set to spud North Sea wildcat

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago

Oil & Gas

Aker BP gets all-clear to drill North Sea prospect with Saipem rig

Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago