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Oil & Gas

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Fossil EnergyProduction & ProcessingSeismicSubseaSurveys & InterventionsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionOutlook & StrategyProject & TendersRigsCarbon Capture Usage & StorageAuthorities & GovernmentRegulation & PolicyRules & RegulationVessels & VehiclesInfrastructureTechnologyVesselsLow-Carbon TransitionTransitionEnvironment
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
COSL Prospector rig; Source: Canarship
Oil & Gas

Norwegian oil & gas player cleared to deploy COSL rig for Barents Sea drilling activities

Vår Energi has received the all-clear from Norway’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations at three wells in the Barents Sea.

about 2 years ago
KCA Deutag
Oil & Gas

$900 million lands on KCA Deutag’s backlog for cross-geography drilling ops

KCA Deutag has landed multiple new onshore and offshore drilling assignments and extensions, spanning different continents, which expands its total backlog by $900 million.

about 2 years ago
An aerial view of an LNG terminal
Oil & Gas

Partners exploring viability of France’s CO2 transport and liquefaction network, eyeing 2030 completion date

Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied natural gas (LNG) operator Elengy has launched feasibility studies for the project in partnership with compatriot Société du Pipeline Sud-Européen (SPSE), a player

about 2 years ago
An offshore rig and a vessel at sunset
Oil & Gas

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

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

Norway tweaking 2025 national budget to fit Equinor offshore projects’ cost overruns

Norway’s Ministry of Energy has listed the status of 13 projects, either under development or recently completed, out of 19 operated by the Norwegian state-owned energy giant Equinor in the country’s proposed budget for next year.

about 2 years ago
AHTS Njord Viking; Source: Viking Supply Ships
Oil & Gas

Vessel quartet gearing up for $50 million crane upgrades to enhance subsea work

Viking Supply Ships will upgrade its fleet of ice-classed anchor handling tug supply (AHTS) vessels with the installation of four 100-ton heave-compensated offshore cranes.

about 2 years ago
Longship CCS value chain; Source: Northern Lights
Oil & Gas

Norway’s $2.8 billion full-scale carbon capture transport and storage project close to crossing the finish line

The Norwegian government has made room in its 2025 budget for a multimillion-dollar investment destined to be injected into its carbon capture and storage (CCS) project, described as a full-scale CO2 capture, transport, and storage development in line with the country’s international climate agreeme

about 2 years ago
Protesters holding a "Stop fossil subsidies" banner
Oil & Gas

Climate protesters in Brussels demand EU-wide end to gov’t support for fossil fuels, warning of ‘ecological and social collapse’

United for Climate Justice (UCJ), a platform of climate and social justice movements coordinating the Stop Fossil Subsidies campaign, has held a protest in Brussels urging EU leaders to put an end to state funding of fossil fuels.

about 2 years ago
A vessel at sea
Oil & Gas

Sea1 Offshore scores Australian gig for 3 vessels

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has secured an assignment for three anchor handling tug supply (AHTS) vessels offshore Australia.

about 2 years ago
An illustration of three industrial facilities next to a body of water
Oil & Gas

Eni gets gov’t funding for UK’s first foray into repurposing infrastructure to unlock CCS opportunities

Eni has secured the UK government’s funding for a carbon dioxide (CO2) transport and storage project in North-West England and North Wales, which will see the firm reuse existing pipelines and platforms to transport and store CO2 from a carbon capture and storage (CCS) industrial cluster.

about 2 years ago
Ramform Hyperion seismic acquisition vessel; Source: TGS
Oil & Gas

TGS has a hand in Malaysia’s oil & gas discovery, enhances Norwegian exploration ops, and wins another gig in Southern Atlantic

TGS has assisted in enabling Petronas, a Malaysian state-owned energy giant, to uncover a new oil and gas discovery. The company also wrapped up its assignment to advance exploration efforts in the Norwegian Sea. In addition, TGS has landed a new deal in the Southern Atlantic.

about 2 years ago
A view of pipes seemingly located offshore at sunset
Oil & Gas

Eni recommits to slashing emissions in its first methane report

Italy’s energy giant Eni has published its first report dealing with methane emissions aiming to reaffirm its promise to reduce methane slip and increase transparency.

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Oil & Gas

Appraisal activities with Odfjell Drilling’s rig shed more light on gas discovery

Aker BP has used one of Odfjell Drilling’s semi-submersible rigs to delineate a two-year-old gas discovery in the Norwegian Sea and will contemplate a subsea tie-back to existing infrastructure as a development option.

about 2 years ago
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