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Oil & Gas

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Fossil EnergyFPSO & VesselsBusiness & FinanceBusiness Developments & ProjectsEquipmentProject & TendersVesselsExploration & ProductionInfrastructureAuthorities & GovernmentEnvironmentTransitionHydrogenLNGOutlook & StrategyRigsSubseaIT & SoftwareOffshore WindMarket OutlooksRegulation & PolicyVision
Tanker set for conversion into FPSO Anna Nery by Yinson
Oil & Gas

Another puzzle falls into place for Yinson’s FPSO

Palfinger has secured a contract with Yinson to provide cranes, lifeboats, a rescue boat, and davits for an FPSO bound for Brazil.

about 5 years ago
Illustration; Source: NPD Equinor
Oil & Gas

Equinor gets go-ahead to drill North Sea well

Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the North Sea, offshore Norway.

about 5 years ago
FS Aberdour, one of the platform supply vessels sold
Oil & Gas

Two platform supply vessels to be sold for $6.6 million

Northern Supply, where S.D. Standard Drilling has indirect ownership, has entered into a memorandum of agreement to sell the two platform supply vessels.

about 5 years ago
The Sleipner field center in the North Sea - Equinor
Oil & Gas

Norway greenlights plan for partial electrification of Sleipner field

Norwegian Ministry of Petroleum and Energy has approved a revised PDO for partial electrification of the Equinor-operated Sleipner field off Norway.

about 5 years ago
Shell CEO Ben van Beurden
Oil & Gas

Shell maps out strategy to accelerate drive to net-zero

Oil major Shell on Thursday set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services.

about 5 years ago
Maersk Intrepid rig
Oil & Gas

Maersk rig gets one more Martin Linge well

Equinor has exercised the option to add development drilling of one additional well at the Martin Linge field to the work scope of the Maersk Intrepid.

about 5 years ago
Siem Helix 1; Source: Wärtsilä
Oil & Gas

Wärtsilä to cut emissions, fuel consumption on two Siem vessels

The Finnish technology group Wärtsilä and vessel provider Siem Offshore have signed an optimised maintenance agreement to reduce the carbon footprint of two offshore well intervention vessels.

about 5 years ago
ROG yard; Source: ROG
Oil & Gas

Ship repair and vessel services firm ROG becomes independent

Dutch ship repair and vessel services specialist ROG has decided to become independent after acquiring a controlling stake from shipbuilder Royal IHC.

about 5 years ago
FPSO Espoir Ivoirien - BW Offshore
Oil & Gas

BW Offshore braces for FPSO impairments

FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amounting to $59.6 million, in the fourth quarter of 2020 amid continued uncertainty regarding redeployment. The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore sa

about 5 years ago
Johan Sverdrup field - Equinor
Oil & Gas

Equinor sinks deeper into the red amid market turmoil

Norwegian oil and gas giant Equinor saw a massive increase in its quarterly net loss amid market turmoil caused by the coronavirus crisis.

about 5 years ago
Maersk Integrator rig drilled the North Sea well for MOL
Oil & Gas

MOL hits dust in North Sea well

Oil and gas company MOL Norge has drilled a dry well located at Mandal High in the southern North Sea offshore Norway.

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

NRGI: State oil firms could waste $400 billion as energy shift accelerates

State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.

about 5 years ago
Draugen platform - OKEA
Oil & Gas

Aker BP man to join OKEA as new CEO

Norwegian oil and gas company OKEA has appointed Svein J. Liknes as its new CEO, starting from June 2021.

about 5 years ago
Total
Oil & Gas

Total sees profit dive, plans to change name in energy transition push

Total decided to change its name as part of its efforts to anchor its transformation into a broad energy company in line with energy transition

about 5 years ago
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