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Oil & Gas

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Shearwater - NEO Energy
Oil & Gas

NEO Energy reshapes executive structure, appoints new leadership

Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.

about 2 years ago
Woodside delisting from London Stock Exchange
Oil & Gas

Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

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about 2 years ago
An illustration showing a lion breathing fire on planet Earth
Oil & Gas

Environmental organizations remain ‘unwavering’ as they get SLAPPed with lawsuit by Eni

Italian oil and gas giant Eni has filed an official strategic lawsuit against public participation (SLAPP) against two non-governmental organizations (NGOs), Greenpeace Italy and ReCommon.

about 2 years ago
A rig near the coast
Oil & Gas

Northern Ocean using well-control solution to enhance 6th-gen semi-sub duo

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean has signed a letter of intent (LOI) with Texas-based provider of wellhead and pressure control equipment, Kinetic Pressure Control, to install the latter’s technology on its two rigs.

about 2 years ago
Malaysian player adds new country to portfolio with formal takeover of TotalEnergies’ Brunei operations
Oil & Gas

Malaysian player adds new country to portfolio with formal takeover of TotalEnergies’ Brunei operations

Malaysia’s independent oil and gas exploration and production (E&P) company Hibiscus Petroleum has wrapped up the acquisition of TotalEnergies EP (Brunei) B.V., the Brunei affiliate of France’s energy giant TotalEnergies.

about 2 years ago
A large vessel at sea
Oil & Gas

Despite upturn in renewables, fossil fuels accounted for lion’s share of 2023 global energy demand, Eni report finds

Italian energy giant Eni has published the 23rd edition of its global energy statistical review, the World Energy Review (WER). In line with the trends registered over the past few decades, the report identifies a stable growth in global primary energy consumption, with fossil fuels making up four-f

about 2 years ago
Surveys mark start of preliminary work at Trinidad and Venezuela's joint gas project
Oil & Gas

Surveys mark start of preliminary work at Trinidad and Venezuela’s joint gas project

A geophysical and geotechnical survey are about to begin on a gas project being developed by Shell that is set to export gas from a field in Venezuela to the UK energy giant’s platform off Trinidad and Tobago, marking the start of preliminary work on the project. Chartered by Geohidra, a Venezuelan

about 2 years ago
Grain LNG terminal
Oil & Gas

‘Largest LNG port in Europe’ gets methane emissions certification

Global non-profit methane emissions certification provider MiQ has audited a liquefied natural gas (LNG) plant operated by the National Grid Grain LNG, a wholly owned subsidiary of energy transmission and distribution company National Grid.

about 2 years ago
Illustration of the field support vessel; Credit: Marin Teknikk
Oil & Gas

Norwegian firm gets work on new vessel for Europe’s huge gas project

Norwegian Electric Systems (NES) has been tasked with developing and delivering complete energy design, an integrated automation system, and its future-oriented bridge system for a field support vessel a Norwegian shipyard is constructing for a giant gas project operated by Romanian’s integrated ene

about 2 years ago
Fulmar platform in UK waters; Source: Repsol
Oil & Gas

Baker Hughes and Repsol enhancing oil & gas production with AI-powered solutions

Baker Hughes has pooled resources with Spain’s Repsol to bring new artificial intelligence (AI) processes and workflows into play to unlock further improvements in the oil and gas production arena.

about 2 years ago
Closeup view of pipes onboard a vessel
Oil & Gas

Swiss player procures 8 LNG carriers compressor gig with Hanwha Ocean

Swiss compression specialist Burckhardt Compression has received an order to deliver liquefied natural gas (LNG) boil-off-gas handling compressors for eight LNG carriers built by South Korea’s shipbuilder Hanwha Ocean.

about 2 years ago
Firefighting operation related to the stricken Annika oil tanker in the Baltic Sea; Source: Die Seenotretter - DGzRS
Oil & Gas

Black smoke billows out as fire burns at oil tanker off Germany’s Baltic Sea coast

A seven-member crew has been evacuated and taken ashore after a fire broke out in the engine room of an oil tanker off the coast of Germany, however, efforts continue to put out the blaze.

about 2 years ago
NAM, a Shell-Exxon joint venture, which is paying compensation for homes damaged by seismic activity due to gas extraction in Groningen province, is anticipating the sale of its offshore assets in mid
Oil & Gas

As Shell-ExxonMobil JV awaits divestment of offshore assets, Dutch govt facing lawsuit over gas field closure

NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act

about 2 years ago
ExxonMobil, Helleniq Energy begin second phase of seismic research for gas
Oil & Gas

Greece: ExxonMobil, Helleniq Energy begin second phase of seismic research for gas

A consortium of ExxonMobil and Helleniq Energy has commenced the second phase of seismic research at a gas exploration block offshore the Greek island Crete, set to bring the partners toward the final decision for exploration drilling. State company Hellenic Hydrocarbons and Energy Resources Managem

about 2 years ago