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Oil & Gas

EDF takes delivery of LNG carrier from NYK Line

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF).

about 1 year ago

Shortly after reaching FID, Shell awards TechnipFMC with subsea contract for Nigerian project

Oil & Gas

TechnipFMC to deliver subsea production systems for Shell’s oil & gas project off Nigeria

UK-headquartered energy technology provider TechnipFMC has secured a contract with Shell to deliver subsea production systems for a deepwater oil and gas project off the coast of Nigeria for which the final investment decision (FID) was reported earlier today. As part of the contract with Shell Nige

about 1 year ago

Two men sitting behind a desk signing documents

Oil & Gas

Third formal deal sealed for ADNOC’s mega LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s energy supply company EnBW Energie Baden-Württemberg (EnBW) for gas from its lower-carbon Ruwais liquefied natural gas (LNG) project. The deal for supplying 0.6 million tonnes per annum (mtpa) of LN

about 1 year ago

Oil & Gas

OEEC: CCS will employ as many people as oil & gas at its peak

Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply

11 minutes read

Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling

Oil & Gas

Fresh oil & gas discovery comes to light in North Sea’s ‘exploration hotspot’

Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.

about 1 year ago

Deepsea Atlantic rig; Source: Odfjell Drilling

Oil & Gas

New shallow gas discovery prompts suspension of drilling ops

Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.

about 1 year ago

Oil & Gas

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost

about 1 year ago

Oil & Gas

Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders

The Nederwiek IB offshore wind site in the Netherlands, which was initially planned to be part of the upcoming tender in 2025, is expected to be added to the 2026 round as the Dutch government assesses the impact a wind farm there could have on accessing a nearby gas transfer platform. A gas project

about 1 year ago

Noble Interceptor rig; Source: Noble Corporation

Oil & Gas

Noble signs up for Kongsberg Digital’s ‘cutting-edge’ simulator tech

Noble is bent on enhancing its operational safety and performance with simulator technology for dynamic positioning (DP) training and analysis, which will be provided by Kongsberg Digital.

about 1 year ago

Argeo halts bankruptcy plans as industry player shows interest

Oil & Gas

Argeo nets five-year site investigation agreement with TotalEnergies, extensions possible

Norway’s subsea services provider Argeo has entered into a five-year agreement, with potential for an additional two years, with France’s energy giant TotalEnergies for offshore site investigation services. The two companies established a global framework agreement on legal terms and conditions (FAL

about 1 year ago

Appraisal well was drilled by COSL Prospector rig; Source: COSL

Oil & Gas

Vår Energi and Equinor mull over oil discovery tie-back to existing Barents Sea FPSO

Following a new oil discovery near an asset that is already in operation, Vår Energi and its Equinor, are in the process of contemplating a tie-back of their latest discovery to the existing floating production, storage, and offloading (FPSO) unit in the Barents Sea.

about 1 year ago

Oil & Gas

British firm buying into Orcadian’s North Sea assets, with eyes on ‘zero carbon energy’ development

UK-headquartered oil and gas player Orcadian Energy has inked two deals with compatriot power developer and operator of power plants, the Independent Power Corporation (IPC), and its affiliates.

about 1 year ago

FPSO Prof. John Evans Atta Mills operating on TEN fields; Source: Tullow

Oil & Gas

US oil & gas player pondering takeover of UK firm with initial talks underway

Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa.

about 1 year ago

Deepsea Nordkapp rig; Source: Odfjell Drilling

Oil & Gas

Aker BP bites the dust in North Sea well

Aker BP has found no hydrocarbons at a well in the North Sea off the coast of Norway. One of Odfjell Drilling’s semi-submersible rigs was in charge of drilling operations.

about 1 year ago