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Oil & Gas

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Vaalco picks DOF Subsea for subsea reconfiguration off Gabon
Oil & Gas

DNV: Oil demand in transport sector to half by 2050 with maritime transitioning to a mix of fuels

Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte

about 3 years ago
The WND development is projected to be the second biggest project (production wise) in Egypt after the massive Zohr development; Source: WintershallDea/Credit: BP
Oil & Gas
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BP puts Subsea 7 in charge of gas tie-back project in Mediterranean Sea

BP has picked Subsea Integration Alliance for a two-well tie-back project in the large West Nile Delta (WND) development off Egypt.

about 3 years ago
Illustration; Source: Bureau Veritas
Oil & Gas

Is gas paving the way for the hydrogen revolution?

In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.

about 3 years ago
UNDP hires Boskalis to prevent 'enormous oil disaster' offshore Yemen
Oil & Gas

UNDP hires Boskalis to prevent ‘enormous oil disaster’ offshore Yemen

Dutch offshore services provider Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove oil from a floating storage and offloading (FSO) facility moored off Yemen’s Red Sea coast. This Stop Red Sea Spill operation is a p

about 3 years ago
Wood Mackenzie
Oil & Gas

With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023

Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.

about 3 years ago
QatarEnergy and Namibia's ministry ink deal to strengthen energy cooperation
Oil & Gas

QatarEnergy and Namibia’s ministry ink deal for energy cooperation

Qatar’s state-owned energy giant QatarEnergy and Namibia’s Ministry of Mines and Energy have signed a Memorandum of Understanding (MoU) with the aim of strengthening cooperation in the energy sector. The MoU, said to pave the way for continued cooperation, covers areas such as knowledge sharing, wor

about 3 years ago
Noble Invincible rig (for illustration purposes); Source: Noble
Oil & Gas

International offshore rig count on the upswing

Baker Hughes’ international rig count report shows that the number of offshore rigs was on the rise in March 2023, surging upward by 6 units.

about 3 years ago
New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea
Oil & Gas

Race against time begins as Euronav’s former VLCC heads to decaying FSO Safer to prevent catastrophic oil spill

A very large crude carrier the Nautica, bought last month by the UN Development Programme (UNDP) from Euronav, as part of UNDP’s coordinated operation to remove oil from decaying FSO Safer, has set sail from Zhoushan, China heading for the Red Sea. The Nautica was in drydock in Zhoushan, China for r

about 3 years ago
Oil barrels (illustration); Source: Equinor
Oil & Gas

Canada ranked as preferred global oil supplier with fossil fuels carving a place in energy transition, shows Ipsos study

Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.

about 3 years ago
Vahana Aryan self-propelled jack-up rig; Source: DNV
Oil & Gas

Rig becomes world’s first jack-up with DNV’s Abate-Ready notation

DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.

about 3 years ago
Illustration; Source: Remote Medical International (RMI)
Oil & Gas

Pursuing stable energy supplies by preventing and curtailing offshore incidents

What should organisations and energy players do to prevent offshore accidents to ensure the security and stability of the energy supply?

about 3 years ago
Saipem 7000 semi-submersible crane vessel; Source: Saipem
Oil & Gas

Fresh batch of offshore contracts brings Saipem $650 million

Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.

about 3 years ago
ADNOC Offshore
Oil & Gas

UAE player scopes up $2.6 bln deal while unveiling new turnkey offering to ‘revolutionise offshore oil and gas logistics’

ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).

about 3 years ago
Growing oil & gas demand brings Perma-Pipe to the UAE
Oil & Gas

Growing oil & gas demand brings Perma-Pipe to the UAE

As a response to the growing demand for the oil and gas industry in the Middle East, Texas-headquartered Perma-Pipe International has opened a new plant in the United Arab Emirates, said to be its largest production facility outside North America. The Abu Dhabi-based facility was inaugurated at an o

about 3 years ago