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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionOperations & MaintenanceRigsAuthorities & GovernmentEnvironmentRegulation & PolicyRules & RegulationMarket OutlooksOutlook & StrategySubseaInfrastructureVesselsProject & TendersCollaborationVision
Draugen platform
Oil & Gas

OKEA restarts Draugen after nearly a month-long turnaround

Oil and gas company OKEA has successfully completed a turnaround on its operated Draugen platform located offshore Norway.

about 6 years ago
Maersk Integrator drilling rig
Oil & Gas

Aker BP cleared for production drilling on two fields offshore Norway

Aker BP has received safety consents from the Norwegian offshore safety watchdog to use two rigs for production drilling on two fields offshore Norway.

about 6 years ago
Larry Bottomley, Chariot's former CEO
Oil & Gas

Chariot CEO steps down

Chariot Oil & Gas CEO, Larry Bottomley, has stepped down from the company with immediate effect and two others have joined the board.

about 6 years ago
Eni CEO Claudio Descalzi
Oil & Gas

Eni calls Nigeria bribery case ‘completely groundless’ as prosecutors seek jail sentence

Eni considers that the Public Prosecutor’s requests for conviction of the company and its executives in the Nigeria bribery case are completely groundless.

about 6 years ago
Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?
Oil & Gas

Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?

What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.

about 6 years ago
Illustration; Source: Claxton Aker BP
Oil & Gas

Claxton pens master service deal with Aker BP

Claxton, an engineering and services company in subsea services group Acteon, has signed a master service agreement (MSA) with Aker BP.

about 6 years ago
VOS Prospector; Source: Vroon Total
Oil & Gas

Vroon scoops three deals with Total

Dutch provider of offshore support vessels Vroon Offshore Services has secured contracts with Total’s UK entity for three emergency response and rescue vessels (ERRV). Vroon said last week that the VOS Enterprise, VOS Prospector, and VOS Vigilant vessels would support Total E&P UK’s North Sea operat

about 6 years ago
Andrew platform, one of the assets included in the deal with Premier; Source: BP
Oil & Gas

Premier Oil signs discount deals for BP’s North Sea assets buy

Oil and gas company Premier Oil has signed sale and purchase agreements with oil major BP for the acquisition of its interests in the Andrew Area and its Shearwater assets, under revised terms announced in June.

about 6 years ago
Illustration; Providence SpotOn
Oil & Gas

SpotOn Energy takes next step in Barryroe farm-in

After securing exclusivity for the farm-out of Providence’s Barryroe field through $3 million investment, SpotOn Energy took a new step in the farm-out process.

about 6 years ago
Maersk Integrator rig
Oil & Gas

Maersk Drilling secures more rig work with Aker BP

Maersk Drilling has secured an additional one-well contract from Aker BP for the low-emission jack-up rig Maersk Integrator.

about 6 years ago
Illustration; Source: Equinor
Oil & Gas

Norwegian oil output in June drops below NPD’s prediction

Norwegian oil production has dropped below predictions made by the Norwegian Petroleum Directorate (NPD) after being above the limit for two months in a row.

about 6 years ago
Illustration; Source: Equinor
Oil & Gas

Climate change targets on OGCI, Shell, and Biden’s menu

The Oil and Gas Climate Initiative (OGCI) has revealed a target to reduce the collective average carbon intensity of member companies’ aggregated upstream oil and gas operations to between 20 and 21 kilograms of CO2 emissions per barrel of oil equivalent by 2025, from a collective baseline of 23 kg

about 6 years ago
OPEC headquarters; Source: OPEC
Oil & Gas

OPEC boosting oil production next month, wary of second COVID-19 wave

The Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+, have agreed to curb oil supply from August as the global economy recovers from the COVID-19 pandemic.

about 6 years ago
Scarabeo 8 rig
Oil & Gas

Vår Energi picks up where it left off with offshore drilling activities

Vår Energi is resuming its drilling activities in the Barents Sea and the North Sea, which were postponed this spring due to the corona pandemic and oil price collapse.

about 6 years ago
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