The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar
Oil major BP has started gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.
Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Rystad Energy.
Offshore drilling contractor Shelf Drilling has received a suspension notice for one of its jack-up drilling rigs.
Northern Offshore’s drilling rig Energy Enticer has started drilling operations with Qatargas.
Saudi Arabian oil and gas giant Saudi Aramco is intending to secure ABS environmental protection notations for its entire fleet.
A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.
World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of the Petroleum Exporting Countries (OPEC) said in its 2020 World Oil Outlook.
Oil and gas company Energean has bought a field support vessel (FSV) to support its operations on the Karish field located offshore Israel.
This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.
Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger.
To adjust and transform to cleaner sources of energy, the world’s largest oil and gas firms could sell or swap oil and gas assets of more than $100 billion, Rystad said.
Offshore drilling contractor Vantage Drilling has secured more work for two of its rigs operating in Indonesia and Qatar.
Eni has made a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.
