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Oil & Gas

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DecommissioningFossil EnergyBusiness Developments & ProjectsProject & TendersRigsBusiness & FinanceExploration & ProductionMarket OutlooksOutlook & StrategyEnvironmentInnovationResearch & DevelopmentTechnologyTransitionCollaborationInfrastructureVesselsSubseaAuthorities & GovernmentRules & RegulationRegulation & PolicyFPSO & VesselsHuman CapitalSafety
Illustration; Source: FWM
Oil & Gas

Nexstep launches first-ever joint well decommissioning campaign

The Nexstep partnership, consisting of six oil and gas operators in The Netherlands, is working on a large campaign to decommission oil and gas wells within a single campaign.

about 5 years ago
Deepwater Invictus drillship - Transocean
Oil & Gas

Transocean lands higher day rate for drillship and more work for idle rig

Offshore drilling contractor Transocean has secured more work for a drillship in the Gulf of Mexico and for a semi-submersible in Myanmar.

about 5 years ago
Illustration; Source: Petrobras
Oil & Gas

Rumours of $100 oil return as crude recovers from Covid grip

While the oil price collapse is still fresh in our minds, rumours are starting to emerge that by the end of next year prices could once again top $100 a barrel.

about 5 years ago
The deal between NEO Energy and Exxon includes Gannet field in the North Sea
Oil & Gas

NEO Energy snaps up ExxonMobil’s North Sea assets for over $1bn

HitecVision-backed NEO Energy is acquiring a major portfolio of non-operated oil and gas assets in the Central and Northern North Sea from ExxonMobil.

about 5 years ago
Saipem
Oil & Gas

Saipem develops CO2 estimation tool for offshore projects

Italian oilfield services company Saipem has developed a new tool for the estimation of the carbon footprint of its offshore projects.

about 5 years ago
Illustration; Source: Worley
Oil & Gas

Worley supporting Allseas on Spirit Energy decommissioning gig

Australian energy service firm Worley is helping offshore installation specialist Allseas to decommission two of Spirit Energy’s east Irish Sea platforms.

about 5 years ago
Rem Arctic vessel - Rem Offshore
Oil & Gas

Vår Energi hires Rem Offshore vessel

Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.

about 5 years ago
Gjøa platform - Neptune
Oil & Gas

Neptune Energy fires up Gjøa P1 development

Operator Neptune Energy and its partners have started production from the Gjøa P1 development in the Norwegian sector of the North Sea.

about 5 years ago
Catcher FPSO - Premier Oil
Oil & Gas

Premier-Chrysaor merger clears regulatory hurdles

All of the regulatory conditions relating to Premier’s merger with Chrysaor have been satisfied and the requisite antitrust approvals have been received.

about 5 years ago
Platform offshore Russia; Source: Lukoil
Oil & Gas

Russia working to support oil industry after tax increase

The government of Russia has been working on some support measures for the oil-producing industry, including changes in taxation, following last year’s decision to hike taxes.

about 5 years ago
Triton FPSO; Source: Tailwind
Oil & Gas

Tailwind Energy gets Evelyn field development plan approval

Oil and gas company Tailwind Energy has received consent and approval of the field development plan for the Evelyn Field from the UK Oil and Gas Authority’s (OGA).

about 5 years ago
Illustration; Source: Stena
Oil & Gas

Stena Drilling launches petition for UK quarantine exemption

Aberdeen-based offshore drilling contractor Stena Drilling has launched a petition urging the UK Government to give oil workers returning from overseas full quarantine exemption.

about 5 years ago
Alwyn platform, Total UK asset situated in the North Sea
Oil & Gas

Total hires DNV GL for services on UK North Sea assets

DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.

about 5 years ago
The Veslefrikk field in the North Sea. (Photo: Equinor/Øyvind Hagen)
Oil & Gas

Equinor to shut down Veslefrikk field after 30 years

After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor is planning for the shutdown of the Veslefrikk field.

about 5 years ago
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