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Oil & Gas

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Fossil EnergyFPSO & VesselsSubseaBusiness & FinanceBusiness Developments & ProjectsEquipmentProject & TendersCollaborationExploration & ProductionVesselsLiquefied Natural GasLow-Carbon TransitionCarbon Capture Usage & StorageMarket OutlooksOutlook & StrategyTransitionRigsProduction & ProcessingCertification & ClassificationEnvironmentRegulation & PolicyRules & RegulationAuthorities & Government
UK-made buoyancy modules make their way to Eastern Mediterranean natural gas project
Oil & Gas

UK-made buoyancy modules make their way to Eastern Mediterranean natural gas project

UK-headquartered CRP Subsea, part of AIS, has been appointed to deliver distributed buoyancy modules (DBMs) for a natural gas development off the Eastern Mediterranean coast. The DBMs will be deployed on dynamic umbilical and mono-ethylene glycol (MEG) risers, which connect to a floating production,

about 1 year ago
Two offshore platforms
Oil & Gas

NEO Energy and Repsol merging North Sea ops to bolster resilience in ‘tough’ UK conditions

Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses.

about 1 year ago
An offshore platform
Oil & Gas

Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio

U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).

about 1 year ago
An offshore rig
Oil & Gas

No luck for OMV as its North Sea wildcat comes up dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.

about 1 year ago
A floating production storage and offloading unit at sea
Oil & Gas

BW Offshore wraps up $125 million FPSO sale to US firm

Norwegian FPSO operator BW Offshore has finalized the sale of its floating production, storage, and offloading (FPSO) unit to a subsidiary of Houston-based oil and gas player Murphy Oil Corporation.

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

DNO continues North Sea ‘hot streak’ with fresh oil & gas find

Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the Northern North Sea using a semi-submersible rig owned by China’s CMC and managed by Odfjell Drilling.

about 1 year ago
Gannet platform in North Sea; Source: Shell
Oil & Gas

Shell presents gas & LNG as safe bets but keeps low carbon and renewable tools in play

Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.

14 minutes read
Two large vessels side by side at sea, surrounded by three smaller tugboats
Oil & Gas

German player inks long-term US deal to diversify LNG supply portfolio

Germany’s Securing Energy for Europe (SEFE) has signed a heads of agreement (HoA) with U.S.-based LNG export infrastructure development company Delfin Midstream for the supply of liquefied natural gas (LNG) from the latter’s proposed project off the coast of Cameron, Louisiana, on the U.S. Gulf Coas

about 1 year ago
Transocean Barents rig; Source: OMV Petrom and Romgaz
Oil & Gas

Transocean rig spuds first of ten gas wells in Black Sea drilling campaign

OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant.

about 1 year ago
ETAP facility in the North Sea; Source: BP
Oil & Gas

North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS).

about 1 year ago
Safe Scandinavia; Source: Prosafe
Oil & Gas

Prosafe gives 1984-built vessel marching orders for recycling after six-year cold layup

Prosafe is parting ways with a 41-year-old anchor-moored semi-submersible tender support and accommodation vessel, which will leave its fleet later this year to go on a recycling mission.

about 1 year ago
TechnipFMC wins big for third phase of Norway’s third-largest oil field
Oil & Gas

TechnipFMC wins big for third phase of Norway’s third-largest oil field

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third phase of what is said to be the third largest oil field on the Norwegian Continental Shelf (NCS). As part of the contract defin

about 1 year ago
Stena Carron drillship; Source; Stena Drilling
Oil & Gas

Second Stena Drilling rig sports DNV’s drillship notation for emissions abatement

Stena Drilling has welcomed the award of an Abate (P) notation, which DNV has now bestowed upon another one of its drillships following the rig owner’s addition of multiple technical and operational measures for the rig to cut its fuel consumption and greenhouse gas (GHG) emissions.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Oil & Gas

Green light for Vår Energi to use FPSO destined for North Sea oil project

Norwegian offshore safety regulator has given Vår Energi consent to take advantage of living quarters, helicopter decks, and cranes on a floating production, storage, and offloading (FPSO) vessel revamped for deployment at a field in the North Sea off the coast of Norway.

about 1 year ago
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