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Oil & Gas

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Flow test for first well in Black Sea drilling campaign in line with expectations
Oil & Gas

Flow test for first gas well in Black Sea drilling campaign in line with expectations

Trillion has revealed flow test results for the first well in its 2022 – 2023 drilling campaign on a gas field in the Black Sea off Türkiye.

about 4 years ago
Heather platform in the UK North Sea
Oil & Gas

UK regulator scraps CoP reports requirement to bolster energy security

UK’s regulator says that the industry will make significant savings in time and money following its move to cut red tape and scrap the requirement for CoP reports.

about 4 years ago
New Norwegian vessel operator sets up shop as ammonia-powered PSV design enters offshore market
Oil & Gas

New vessel operator sets up shop as ammonia-powered PSV design enters offshore market

Amon Maritime has launched a new offshore market player – Amon Offshore – and a carbon-free, ammonia-powered PSV design.

about 4 years ago
Baltic Pipe receiving terminal put into operation
Oil & Gas

Baltic Pipe receiving terminal put into operation

The receiving terminal of the Baltic Pipe project located at Varde in Western Jutland, Denmark, has been put into operation and is now receiving gas from Norway. The terminal was put into operation on 1 November at 6 a.m. local time, so far with half of the total capacity (6,700 MWh/h). This means t

about 4 years ago
While focusing on energy trilemma, BP more than doubles its profit
Oil & Gas

While focusing on energy trilemma, BP more than doubles its profit

BP has delivered high profits in the third quarter of 2022 on a year-on-year basis, driven by natural gas trading and elevated energy prices.

about 4 years ago
Valaris MS-1 rig
Oil & Gas

Valaris expects Australian contract suspension to have no impact on earnings

Offshore drilling contractor Valaris has revealed that some more work has been awarded to its rigs but another contract has been suspended.

about 4 years ago
Centrica
Oil & Gas

‘UK’s largest gas storage site’ back in operation ahead of winter to boost energy security

Centrica has increased the UK’s storage capacity by 50 per cent with the reopening of a gas storage facility in the Southern North Sea.

about 4 years ago
UK regulator launches probe to check if North Sea operator failed to meet licence obligations
Oil & Gas

Probe launched to see if North Sea operator failed to meet licence obligations

UK’s regulator has opened an investigation to find out whether an oil & gas company has failed to comply with North Sea licence obligations.

about 4 years ago
All systems go for Equinor to spud North Sea well
Oil & Gas

Equinor gets the all-clear to spud North Sea well

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 4 years ago
High oil & gas production and prices lift Equinor’s profit
Oil & Gas

High oil & gas production and prices lift Equinor’s profit

Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices.

about 4 years ago
Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue
Oil & Gas

Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue

Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.

about 4 years ago
TotalEnergies’ profit soars on high gas prices
Oil & Gas

TotalEnergies’ profit soars on high gas prices

TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.

about 4 years ago
Shell sees lower profits in Q3 2022
Oil & Gas

Shell sees ‘robust’ profits

Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.

about 4 years ago
Baltic Pipe to supply gas to Danish offshore wind major
Oil & Gas

Equinor to supply gas to Ørsted via Baltic Pipe

Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi

about 4 years ago
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