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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsProject & TendersRigsExploration & ProductionSubseaInfrastructureFPSO & VesselsProduction & ProcessingEquipmentOutlook & StrategyVesselsLow-Carbon TransitionCarbon Capture Usage & StorageCollaborationInnovationTransitionSurveys & Interventions
Serica Energy
Oil & Gas

Serica Energy brings UK firm with North Sea oil & gas assets into its fold

UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).

about 1 year ago
An offshore platform at Valhall field
Oil & Gas

Asset trio stake sale to Inpex fueling Pandion’s growth ambitions

Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.

about 1 year ago
Noble Resolve jack-up rig as it set off from the Esbjerg shipyard, Denmark; Source: Zenith Energy
Oil & Gas

New oil & gas discovery seen as European country’s ‘largest conventional hydrocarbon field’

Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was drilled with a Noble Corporation-owned rig in the Baltic Sea, has aided the operator of the Wolin license block off the coast of Poland to infer that this find is one of the largest convent

about 1 year ago
Globetrotter I drillship
Oil & Gas

Noble drillship lands $80M Black Sea exploration gig

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have inked a rig contract with Noble Corporation for a drilling assignment in the Black Sea, offshore Bulgaria.

about 1 year ago
Brage platform; Source: OKEA
Oil & Gas

OKEA’s North Sea project starts taking shape with subsea installation

Members of the Subsea Integration Alliance (SIA), United States’ OneSubsea and United Kindgom’s Subsea7, have delivered and installed a structure forming the base of a project being developed by Norway’s oil and gas company OKEA in the North Sea.

about 1 year ago
Black Sea deepwater gas project to sport US-made subsea equipment
Oil & Gas

Black Sea deepwater gas project to sport US-made subsea equipment

London-headquartered precision engineering group Hunting PLC has secured a $31 million subsea order for its titanium stress joints (TSJs) for the third phase of a deepwater gas development in the Turkish part of the Black Sea. Six TSJs, including the patented Direct Pull-thru Tube technology, will b

about 1 year ago
Depsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Norwegian Sea prospect yields gas for Vår Energi

Norway’s Vår Energi has struck gas in an exploration well at a license it operates in the Norwegian Sea.

about 1 year ago
Obana jack up
Oil & Gas

Damen putting finishing touches to jack-up ahead of its inaugural decom with Petrodec

A self-elevating heavy lift jack-up is nearly ready for its assignment with decommissioning services specialist Petrodec after conversion undertaken by Damen Shiprepair, part of the Dutch shipbuilding giant Damen Shipyards Group.

about 1 year ago
Mariner platform; Credit: Jamie Baikie/Equinor
Oil & Gas

North Sea oil & gas pair comes up on CHC’s flight radar with multi-year chopper deal

Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.

about 1 year ago
Illustration; Source: Technip Energies
Oil & Gas

Shell pools resources with Technip Energies in carbon capture arena

Shell Catalysts & Technologies, a subsidiary of UK-headquartered energy giant Shell, has joined forces with France’s engineering company Technip Energies to come up with a post-combustion amine-based carbon capture solution, which will up the industrial sector’s decarbonization ante.

about 1 year ago
Safe Caledonia; Credit: Prosafe
Oil & Gas

Prosafe sees uptick in fleet utilization, underpinned by Brazil ops

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet activity for June.

about 1 year ago
An offshore platform
Oil & Gas

Fresh decade-long deal secures more Norwegian gas for Europe

Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Oil & Gas

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Oil & Gas

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.

about 1 year ago
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