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Oil & Gas

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An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023
Oil & Gas

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Oil & Gas
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COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
Transocean Barents rig; Source: OMV Petrom
Oil & Gas

WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project

Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta.

about 1 year ago
Aerial view of an offshore platform
Oil & Gas

Trillion pressing on with ops to unlock full potential of Black Sea gas wells

Canada’s oil and gas player Trillion Energy is progressing with velocity string operations on its production platform at a gas field offshore Türkiye.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Oil & Gas

Odfjell Drilling-managed rig going back to Europe for multimillion-dollar work in Norwegian waters

Northern Ocean (NOL) has won a short-term gig with an undisclosed operator and a long-term assignment with Norway’s energy giant Equinor on the Norwegian Continental Shelf (NCS) for a semi-submersible rig, which is currently in Africa.

about 1 year ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Oil & Gas

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago
An offshore platform
Oil & Gas

Norwegian State bringing into its fold world’s ‘most extensive’ gas network for $1.6 billion

Norway’s Ministry of Energy has signed purchase agreements with seven companies forming part of three joint ventures (JV) that own “key” parts of the country’s gas transportation system. Agreements have been concluded with A/S Norske Shell, CapeOmega, ConocoPhillips Skandinavia, Equinor Energy, Hav

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

TotalEnergies, Shell, BP, and Equinor to assist in tackling energy access woes with $500M pledge

Four energy giants – France’s TotalEnergies, Norway’s Equinor, and the UK-headquartered Shell and BP – have confirmed their plans to pool resources to help support access to energy with a $500 million joint investment commitment.

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

Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home

OMV has managed to get the upper hand in the arbitration case against Gazprom Export, a subsidiary of Russia’s gas giant Gazprom, over the latter’s alleged irregular gas supplies to Germany.

about 1 year ago
Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

Shell begins laying the groundwork for recent North Sea gas discovery to become FID-ready

Shell is taking steps to set the stage for a potential final investment decision (FID) to be taken in relation to its recent gas discovery in the North Sea, which is located on the UK Continental Shelf (UKCS).

about 1 year ago
Allseas installs pipeline for 'flagship' Dutch gas development
Oil & Gas

Allseas installs pipeline for ‘flagship’ Dutch North Sea gas development

Allseas has completed the pipeline installation and post-lay activities for what is said to be a flagship project in the Dutch North Sea led by the Netherlands-based exploration and production player ONE-Dyas. Under a contract secured at the beginning of 2023, Allseas was in charge of the transport

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Oil & Gas

North Sea drilling leads to another oil & gas discovery where 12 more sprung up since 2018

Equinor has made a new oil and gas discovery in the North Sea off the coast of Norway, using one of the semi-submersible rigs owned by Odfjell Drilling.

about 1 year ago
An offshore platform with several smaller vessels around it
Oil & Gas

Axess helping Floatel cut emissions and costs across assets

Axess Group has signed a long-term frame agreement with the provider of offshore accommodation vessels Floatel International aimed at delivering cost savings and reducing carbon footprint in the latter’s operations.

about 1 year ago
TechnipFMC wins contract worth over $1 billion for recently sanctioned oil project in Suriname
Oil & Gas

TechnipFMC wins contract worth over $1 billion for recently sanctioned oil project in Suriname

UK-headquartered energy technology provider TechnipFMC has secured a contract it describes as major for an oil project offshore Suriname for which France’s TotalEnergies recently reached the final investment decision (FID). TechnipFMC has been awarded an integrated engineering, procurement, construc

about 1 year ago