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Oil & Gas

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Transocean Encourage rig; Source: Transocean
Oil & Gas

No hydrocarbons for Equinor in Norwegian Sea wildcat

Equinor has found no hydrocarbons in an exploration well, which was drilled using one of Transocean’s rigs in the Norwegian Sea off the coast of Norway.

about 1 year ago
Two women and one man standing in front of a sign
Oil & Gas

Residual cold from Spain’s LNG terminal becomes low-carbon grid energy in ‘world first’

French-headquartered ecological transformation company Veolia, Spanish gas grid operator Enagás, and Barcelona City Council have launched a residual cold recovery solution installed at a liquefied natural gas (LNG) terminal in the Port of Barcelona.

about 1 year ago
An offshore platform with a large vessel surrounded by several smaller vessels next to it
Oil & Gas

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago
Noble Invincible; Source: Noble Corporation
Oil & Gas

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago
Courtesy of Hellenic Cables
Oil & Gas

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago
Yme Inspirer rig; Source: Repsol Norge
Oil & Gas

Rex’s Lime boosts its stake in Repsol’s North Sea oil field

Lime Petroleum has increased its interest in an oil field operated by Repsol in the North Sea off the coast of Norway.

about 1 year ago
Courtesy of KCA Deutag
Oil & Gas

KCA Deutag gives Axess more work on nine platforms offshore Norway

KCA Deutag has prolonged and extended an assignment across multiple platforms on the Norwegian Continental Shelf (NCS), which is being undertaken by Axess Group, owned by Axio (72%), Salvesen & Thams Invest (18%), and Axess Mipco (10%).

about 1 year ago
Previously disclosed preferred tie-in point of Anning and Somerville fields to Shell’s infrastructure (Corvette and Leman-A platforms); Source: Hartshead
Oil & Gas

UK’s new fiscal regime keeps North Sea gas project ‘robust and high value’ but alternate export route on the table

ASX-listed Hartshead Resources and Viaro Energy, through its wholly-owned subsidiary RockRose Energy, are working on progressing the development of their gas project in the UK sector of the North Sea.

about 1 year ago
Black Sea map; Source: OMV Petrom
Oil & Gas

Israel’s NewMed getting in on Black Sea hydrocarbon exploration ops

OMV Petrom has struck a deal with NewMed Energy for the transfer of a partial stake in an offshore block in Bulgaria’s part of the Black Sea, enabling the latter to join the upcoming exploration activities in search for more hydrocarbons.

about 1 year ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Oil & Gas

Italian FSRU goes back to work

OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.

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

Prysmian’s cable-making ops at full blast for two big North Sea oil & gas projects

Prysmian is hard at work at its factory in Norway to provide cables for two oil and gas development projects in the North Sea, off the coast of Norway. Thanks to these projects, the Italian player’s headcount has gone up.

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

Powering oil & gas production with renewables and low-carbon energy: Electrification brings emission cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc

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

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
A large vessel at sea with two smaller ones next to it
Oil & Gas

Renewed focus on energy security prompts nearly $2 trillion investment in clean energy since 2020, IEA finds

The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition jou

about 1 year ago
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