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Oil & Gas

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Fossil EnergySubseaBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRigsAuthorities & GovernmentEquipmentOperations & MaintenanceRegulation & PolicyRules & RegulationSafetyEnvironmentClean FuelElectricLNGCarbon Capture Usage & StorageHeavy liftingOutlook & StrategyTransitionGreen MarineMarket OutlooksCollaboration
First oil flows from subsea tie-back in North Sea
Oil & Gas

First oil flows from subsea tie-back in North Sea

North Sea-focused Ithaca Energy has started production from a subsea tie-back to its FPF-1 facility located in the UK North Sea.

about 3 years ago
West Elara jack-up rig; Source: Seadrill
Oil & Gas

Seadrill tasked with addressing nonconformities on jack-up rig

Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.

about 3 years ago
North Sea field secures life extension
Oil & Gas

North Sea field secures life extension

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

about 3 years ago
Will the UK’s huge new oil & gas project overcome the hurdles in its path?
Oil & Gas

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago
BP’s three incoming hydrocarbon projects to watch in 2023
Oil & Gas

BP’s giant incoming hydrocarbon projects to watch in 2023

While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.

about 3 years ago
Sovcomflot’s Gagarin Prospect
Oil & Gas

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago
Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts
Oil & Gas

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago
Hydrocarbons present in HPHT well, but North Sea operator does not get the result it ‘had hoped for’
Oil & Gas

Hydrocarbons present in HPHT well, but not the result North Sea operator ‘had hoped for’

Serica Energy has found hydrocarbons in an exploration well in the North Sea off the UK, but the commercial quantity is yet to be determined.

about 3 years ago
TotalEnergies embarking on North Sea infill drilling campaign with Shelf Drilling rig
Oil & Gas

TotalEnergies embarking on North Sea infill drilling campaign with Shelf Drilling rig

TotalEnergies has greenlighted the two-well infill drilling programme in the Danish North Sea to ramp up gas production from 2023.

about 3 years ago
Commercial and tie-back potential on the horizon for new Norwegian Sea discovery
Oil & Gas

Tie-back potential on the horizon for new Norwegian Sea discovery

Neptune Energy has confirmed a new discovery in the Norwegian Sea, which appears to have commercial potential based on the initial analysis.

about 3 years ago
Multiple oil & gas projects still on track for development plans by year-end
Oil & Gas

Multiple oil & gas projects still on track for development plans by year-end

Aker BP will vote in favour of submitting PDOs for multiple oil and gas projects, anticipated to take place by mid-December 2022.

about 3 years ago
How will UK's energy windfall tax hike impact oil & gas players?
Oil & Gas

How will UK’s energy windfall tax hike impact oil & gas players?

Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago
Rig gearing up to drill oil & gas prospect in Caspian Sea
Oil & Gas

Rig gearing up to drill oil & gas prospect in Caspian Sea

KazMunayGas and Lukoil have set the wheels into motion to mobilise a rig to carry out drilling ops in the Caspian Sea in mid-December.

about 3 years ago
‘Huge day’ for Europe as Baltic Pipe goes full throttle
Oil & Gas

‘Huge day’ for Europe as Baltic Pipe goes full throttle

Baltic Pipe has reached its full capacity, connecting gas systems in Norway, Denmark and Poland, ensuring security of supply in Europe.

about 3 years ago
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