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Oil & Gas

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Transocean Encourage rig; Source: Transocean
Oil & Gas

Equinor earns regulatory sign-off for upcoming drilling ops with Transocean rig

Norwegian state-owned energy giant Equinor has received the all-clear from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway.

about 1 year ago
Shelf Drilling Fortress departing Invergordon
Oil & Gas

Hibiscus spuds one of only three UKCS wells scheduled in 2025 as sector faces ‘historic lows’

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Malaysian independent oil and gas exploration and production company, Hibiscus Petroleum, has spudded a new well at a field in the Central North Sea (CNS) off the coast of the United Kingdom.

about 1 year ago
COSL Innovator rig; Source: COSL
Oil & Gas

Equinor’s latest drilling quest in North Sea hydrocarbon hunt brings no black gold

Norwegian state-owned energy giant Equinor has finished drilling a wildcat well in the North Sea with one of COSL Drilling Europe’s semi-submersible rigs. This hydrocarbon exploration did not lead to a new oil and gas discovery off the coast of Norway.

about 1 year ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Oil & Gas

UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC

With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win secured by workers employed on assets opera

about 1 year ago
Dunkerque LNG terminal in Dunkirk, France; Courtesy of Fluxys
Oil & Gas

Spain-headquartered Asterion comes on board France’s largest LNG terminal

On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasif

about 1 year ago
Brae Alpha platform
Oil & Gas

Allseas tasked with dismantling long-serving platform in UK North Sea

Allseas has won a contract with TAQA UK for the engineering, preparation, removal, and disposal (EPRD) of a platform in the UK Central North Sea.

about 1 year ago
Wärtsilä
Oil & Gas

Wärtsilä’s 15-year deal fortifying operational reliability of Chinese firm’s LNG vessel trio

Wärtsilä has won a multi-year lifecycle agreement for three liquefied natural gas (LNG) carriers with China LNG Shipping (International) Co. Ltd. (CLSICO), which is perceived to be designed to ensure operational reliability, enable flexibility in maintenance scheduling, and optimize the time between

about 1 year ago
FSRU Turquoise P
Oil & Gas

BSM breaks new ground in FSRU management at Turkish LNG terminal

Maritime services company Bernhard Schulte Shipmanagement (BSM) has assumed the technical management of a floating storage and regasification Unit (FSRU) operating in the Turkish Aegean Sea.

about 1 year ago
Meridian purpose-built FPSO hull design; Courtesy of Yinson Production
Oil & Gas

Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification socie

about 1 year ago
BW Energy
Oil & Gas

BW Energy makes changes to its executive management team

Oslo-listed oil and gas E&P player BW Energy has revealed the names of its Chief Operating Officer (COO) and Chief Financial Officer (CFO).

about 1 year ago
Cygnus Alpha; Source: Neptune Energy, which became part of Eni's UK portfolio now managed by Ithaca
Oil & Gas

North Sea operator raising €450M to fund boost in UK gas field and growth opportunities

Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial

about 1 year ago
Mammoet Tugdock
Oil & Gas

Mammoet, Tugdock seal strategic pact to expand use of offshore platform tech

Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water

about 1 year ago
Illustration; Source: International Energy Agency (IEA)
Oil & Gas

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

about 1 year ago
WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Oil & Gas

WATCH: First of four Sea1 offshore energy support vessels enters construction

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago