OEEC 2021 first day talk shows & energy transition talks recap with Maarten...
The OEEC Conference Programme Moderator Maarten Bouwhuis provides a quick recap on the insights shared by the major industry figures who spoke during the sessions of the first day of the event. The...
View ArticleSolstad gets its hands on another contract extension
Solstad Offshore has won a contract extension with Conoco Phillips for a platform supply vessel for operations offshore Norway. The post Solstad gets its hands on another contract extension appeared...
View ArticleSylvia Boer on AYOP’s DecomMissionBlue initiative
Sylvia Boer, director of Amsterdam IJmuiden Offshore Ports (AYOP), shares more about the association's recently launched DecomMissionBlue initiative to tackle the growing challenge of decommissioning...
View ArticleMcDermott focusing on final piece of the puzzle for Tyra
Following the sail away of two bridges and a flare, McDermott is focusing on completing a final piece of the puzzle for Tyra. The post McDermott focusing on final piece of the puzzle for Tyra appeared...
View ArticleExxonMobil strikes out on Canje block but new 12-well campaign on the horizon
Following two previous dry wells, ExxonMobil has also failed to find commercial hydrocarbons in its third well on the Canje Block, off Guyana. The post ExxonMobil strikes out on Canje block but new...
View ArticleFresh contracts pour in for offshore rig owners as market continues to recover
Offshore rig owners are reaping the benefits of market recovery with more and more players hiring rigs for their exploration plans. The post Fresh contracts pour in for offshore rig owners as market...
View ArticleBP profit soars on higher oil and gas prices
Driven by higher oil and gas prices, BP saw its profit soar in the third quarter of 2021 when compared to the same period last year. The post BP profit soars on higher oil and gas prices appeared first...
View ArticleNeptune wraps up methane study in push to drive down emissions from O&G
Neptune Energy has completed a study with EDF to measure methane emissions on a working UK offshore platform using drone technologies. The post Neptune wraps up methane study in push to drive down...
View ArticleVår Energi refinances with $6 billion loan from 12 banks
Norwegian oil and gas company Vår Energi has taken out a loan of $6 billion from 12 different banks as part of its refinancing strategy. The post Vår Energi refinances with $6 billion loan from 12...
View ArticlePetronas welcomes South Korea’s Posco as a new player in Malaysia
Petronas has awarded a Production Sharing Contract for Block PM524, located offshore Malaysia, to Posco International and Petronas Carigali. The post Petronas welcomes South Korea’s Posco as a new...
View ArticleExxonMobil and Pertamina to gauge Indonesian CCS potential
ExxonMobil has signed a memorandum of understanding (MoU) with Pertamina to assess the potential for large-scale deployment of low-carbon technologies in Indonesia. The post ExxonMobil and Pertamina to...
View ArticleConocoPhillips lifts dividend as profit returns
ConocoPhillips has increased its quarterly dividend as it returned to profit in the third quarter of 2021 driven by higher oil and gas prices. The post ConocoPhillips lifts dividend as profit returns...
View ArticleOffshore drillers see meaningful improvement in market environment
Two giant offshore drilling contractors are encouraged by meaningful signs of improvement in the market and increase in rig day rates. The post Offshore drillers see meaningful improvement in market...
View ArticleAfter Europe, offshore wind spending closing in on oil & gas in Asia, US
Offshore wind spending is nearing that of offshore oil and gas and is anticipated […] The post After Europe, offshore wind spending closing in on oil & gas in Asia, US appeared first on Offshore...
View ArticleEntire Ærfugl field now online, Aker BP says
Norwegian oil and gas company Aker BP has started production from the Ærfugl phase 2 project located in the Norwegian Sea. The post Entire Ærfugl field now online, Aker BP says appeared first on...
View ArticleEmpyrean gearing up to drill ‘first exciting exploration well in China’
Empyrean Energy has made significant operational progress towards spudding of an exploration well at the Jade prospect offshore China. The post Empyrean gearing up to drill ‘first exciting exploration...
View ArticleCairn concludes sale of interest in two UK fields for $455 million
Cairn Energy has completed the sale of its interests in the Catcher and Kraken fields located off the UK for $455 million. The post Cairn concludes sale of interest in two UK fields for $455 million...
View ArticleMcDermott teams up with Shell to cut emissions from construction ops
McDermott has signed a MOU with Shell to collaborate on decarbonising construction and building a pathway to a net-zero carbon future. The post McDermott teams up with Shell to cut emissions from...
View ArticleBiden in ‘historic action’ to cut methane emissions from oil & gas operations
U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden's commitment to action on climate change. The post Biden in ‘historic action’ to...
View ArticleNigeria vows to reach net-zero by 2060, highlights key role of gas in energy...
During the COP26 in Glasgow, Nigerian President Muhammadu Buhari has pledged Nigeria will cut carbon emissions and reach net-zero by 2060. The post Nigeria vows to reach net-zero by 2060, highlights...
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