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Oil & Gas

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Fossil EnergyAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionRegulation & PolicyLow-Carbon TransitionRigsSubseaProject & TendersTransitionMarket OutlooksOutlook & StrategyPipesOperations & MaintenanceLiquefied Natural GasVesselsFPSO & Vessels
N05-A platform of ONE-Dyas; one of the few new gas projects in the Netherlands; Source: Element NL
Oil & Gas

North Sea gas key to stave off energy crisis as shortfalls loom, Element NL says

Element NL, an association of 12 oil and gas companies with a permit to explore or extract natural gas, is rolling up its sleeves, together with the Dutch Ministry of Climate and Green Growth and EBN, to enhance the permitting process to boost gas production in the North Sea against the backdrop of

about 1 year ago
Valaris 123 rig; Source: Porthos
Oil & Gas

WATCH: Valaris rig goes to play its role in North Sea gas asset’s rebirth as EU’s CCS playground

Valaris’ rig has come to the North Sea to help a gas field and its infrastructure to get a new lease on life off the coast of the Netherlands as the first CO2 transport and storage project in the European Union (EU).

about 1 year ago
Illustration; Source: Rystad Energy
Oil & Gas

Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.

about 1 year ago
An LNG terminal
Oil & Gas

Spanish LNG firm reaches new heights with operations in 30 countries

Spanish LNG terminal operator Reganosa Group has expanded its global footprint to 30 countries.

about 1 year ago
Aerial view of a port
Oil & Gas

Contractor picked for offshore portion of Poland’s first FSRU

Poland’s gas transmission system operator Gaz-System has selected the general contractor for the offshore portion of the floating storage and regasification unit (FSRU) that will form part of the country’s liquefied natural gas (LNG) terminal in the Gulf of Gdańsk.

about 1 year ago
Three connected offshore platforms
Oil & Gas

TotalEnergies to restore full gas production at North Sea field this week after operational hiccup

Partners in a natural gas redevelopment project in the Danish sector of the North Sea expect the project to reach its full technical capacity this week, following a month-long hiatus due to an operational obstacle.

about 1 year ago
Illustration; Source: Novatek
Oil & Gas

Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr

about 1 year ago
Oseberg field centre in the Norwegian North Sea; Credit: Trond Glaser/Equinor
Oil & Gas

Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035

Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services proc

about 1 year ago
An LNG carrier at sea
Oil & Gas

LNG newbuild pair joining Polish player’s chartered fleet

Knutsen LNG, part of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from HD Hyundai Samho Industries’ shipyard in South Korea to deliver it to its new charterer, Poland’s Orlen.

about 1 year ago
Noble Resillient jack-up rig; Source: Petrogas
Oil & Gas

Noble rig reaches endpoint at North Sea drilling campaign crowned with ‘great discovery’

Petrogas E&P has crossed the finish line at its drilling program in the UK sector of the North Sea, which led to a gas discovery drilled by a 16-year-old jack-up rig owned by Noble Corporation, a U.S.-based offshore drilling giant.

about 1 year ago
A large vessel at sea
Oil & Gas

BW Offshore’s arbitration saga with Brazilian firm ends in settlement

Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Oil & Gas

TotalEnergies cuts short Shelf Drilling rig’s North Sea gig

TotalEnergies has decided to break off a deal for a drilling assignment, which a jack-up rig owned by Shelf Drilling, a UAE-headquartered offshore drilling contractor, is carrying out in the North Sea off the coast of Denmark.

about 1 year ago
Illustration; Source: SLB
Oil & Gas

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

about 1 year ago
Brunsbüttel LNG terminal; Source: RWE
Oil & Gas

Germany on energy security mission: Worley to breathe life into LNG terminal’s next chapter

Worley has been tasked with bringing the next phase of a liquefied natural gas (LNG) terminal in Germany to life, thanks to a deal with Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four terminals.

about 1 year ago
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