According to the chief executive officer (CEO) of Delek Drilling, Chevron’s entry into Israel’s Leviathan natural gas field will help deliver the technical and marketing nous to turn the project into a global supplier.
The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.
Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring and offloading system and a riser pull-in system.
Israel’s Delek Drilling has revealed it would issue bonds in an aggregate amount of $2.25 billion to finance the Leviathan development.
Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of the North Sea.
The Danish entity of French oil major Total has extended the contracts for Havila Shipping’s two platform supply vessels (PSVs).
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
UK oil major BP has cut its dividend for the first time since the Deepwater Horizon disaster after record losses in the second quarter of 2020.
UK-based tech firm SRO Solutions has replaced asset management software systems on six Stena Drilling offshore rigs.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.
Russia’s Sakhalin Energy has started a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform which is one of the Sakhalin-2 production assets.
Offshore drilling contractor Noble Corporation has filed for Chapter 11 bankruptcy protection to restructure its debt following a “severe downturn in commodity prices which has been compounded by the Covid-19 pandemic”.
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the Norwegian Sea.
