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Oil & Gas

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OMV gearing up to drill two North Sea wells
Oil & Gas

OMV gearing up to drill two North Sea wells

OMV has secured a drilling permit from Norway’s authorities for two exploration wells in the Norwegian part of the North Sea.

about 3 years ago
Semi-sub rig to sport new filterless ballast water management system
Oil & Gas

Semi-sub rig to sport new filterless ballast water management system

Island Drilling has decided to retrofit its semi-submersible drilling rig with Ecochlor’s EcoOne filterless ballast water management system (BWMS).

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about 3 years ago
Enagás buys stake in UK-Netherlands subsea gas pipeline operator
Oil & Gas

Enagás buys stake in UK-Netherlands subsea gas pipeline operator

Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contri

about 3 years ago
Deep dive: What's in store for Valaris rigs?
Oil & Gas

Deep dive: What’s in store for Valaris rigs?

An in-depth review of Valaris’ rigs, including details about new contracts and extensions along with other recent activities related to its fleet.

about 3 years ago
Low-carbon investments set to hit $620 billion in 2023, Rystad says
Oil & Gas

Low-carbon investments set to hit $620 billion in 2023, Rystad says

While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.

about 3 years ago
BP picks UK firm for global well engineering services
Oil & Gas

BP picks UK firm for global well engineering services

BP has handed out a long-term deal for well engineering services across its global operations to THREE60 Energy.

about 3 years ago
Saipem rig spuds North Sea prospect
Oil & Gas

Saipem rig spins the drill bit at North Sea prospect

Aker BP has started drilling an exploration well in the North Sea off Norway, using one of Saipem’s semi-submersible rigs.

about 3 years ago
South America to stay 'key region for high-impact exploration', Westwood says in 2023 outlook
Oil & Gas

South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor

about 3 years ago
One third of TotalEnergies’ investments now in renewable energy and clean fuels
Oil & Gas

One third of TotalEnergies’ investments now in renewable energy and clean fuels

TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it

about 3 years ago
New assignment for Equinor to tackle nonconformities at North Sea project
Oil & Gas

New assignment for Equinor to tackle nonconformities at North Sea project

Norway’s regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
Shell unveils five energy sector trends to watch in 2023
Oil & Gas

Shell unveils five energy sector trends to watch in 2023

Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.

about 3 years ago
GlobalData: Shell dominated long-term LNG import contract volumes in 2022
Oil & Gas

GlobalData: Shell dominated long-term LNG import contract volumes in 2022

Oil and gas major Shell led the global long-term liquefied natural gas (LNG) import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), data and analytics company GlobalData found in its new report. According to GlobalData’s

about 3 years ago
Shell makes headway in global digitalisation of its ops with Kabal’s software
Oil & Gas

Shell makes headway in global digitalisation of its ops with Kabal’s software

UK-headquartered energy giant Shell has advanced its digitalisation journey through a global agreement with Kabal.

about 3 years ago
Noble, Halliburton and Odfjell forge rig alliances with Aker BP for five years of drilling ops
Oil & Gas

Noble, Halliburton and Odfjell forge five-year rig alliances with Aker BP for drilling ops

Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.

about 3 years ago