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Two players in design battle for Equinor’s stalled project while EIS gets...

Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project's EIS deemed it an unreliable source of information for decision-making...

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Wood collects funding for autonomous robotics project

Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities. The post Wood collects funding for autonomous robotics project...

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India: ONGC taps L&T for pipeline replacement project

L&T Hydrocarbon Engineering (LTHE) has secured a contract from Oil & Natural Gas Corporation (ONGC) for operations on India's west coast. The post India: ONGC taps L&T for pipeline...

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U.S. judge quashes Gulf of Mexico oil & gas lease sale due to climate impact

U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021. The post U.S. judge quashes Gulf of Mexico oil & gas...

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Schlumberger solution to help optimize Northern Lights performance

The Northern Lights joint venture has selected Schlumberger to deliver its DELFI digital platform […] The post Schlumberger solution to help optimize Northern Lights performance appeared first on...

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Shell gains approval to use Transocean rig for Ormen Lange drilling

Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs. The post Shell gains approval to use Transocean rig for Ormen...

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Clash between rig and vessel spotlights safety perils arising from...

The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit. The post Clash between rig and vessel spotlights safety...

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UK pipeline decom firm targets more oil & gas clients with new facility

Northern Ireland-headquartered pipeline decommissioning specialist Decom Engineering has opened a new facility near Aberdeen […] The post UK pipeline decom firm targets more oil & gas clients with...

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Chevron books fourth-consecutive quarterly profit

U.S. oil and gas major Chevron returned to profit in the fourth quarter of 2021 from a loss in the prior-year period. The post Chevron books fourth-consecutive quarterly profit appeared first on...

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In focus: Cross-sector collaborations replacing fossil fuels with green energy

In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector...

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U.S. offshore rig count in idle mode for two weeks in a row

The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report. The post U.S. offshore rig count in idle mode for two weeks in a...

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Aker BP building data factory in the cloud to improve productivity

Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations. The post Aker BP building data factory in the cloud to improve productivity...

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Regulator assessing Jadestone’s environment plan for drilling off Australia

NOPSEMA is assessing Jadestone Energy’s environment plan for drilling operations at the Stag field, located offshore Western Australia. The post Regulator assessing Jadestone’s environment plan for...

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FAR ponders takeover bid from Australian investment fund

FAR will contemplate an off-market takeover offer from Samuel Terry Asset Management prior to making a recommendation to its shareholders. The post FAR ponders takeover bid from Australian investment...

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TotalEnergies selling third of its stake in Greater Laggan Area fields to Kistos

London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies. The post TotalEnergies selling third of its stake in Greater Laggan Area fields...

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N-Sea targets better subsea solutions with newly chartered vessel

N-Sea Group has signed a long-term vessel agreement with EDT Offshore for an advanced DP-3 multi-purpose offshore support vessel with a track record in subsea services. The post N-Sea targets better...

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Odfjell Drilling mulls splitting into two groups to think beyond core services

Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo. The post Odfjell Drilling mulls splitting into two groups to...

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UK oil & gas trade body changing name to reflect drive towards net-zero future

Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS. The post UK oil & gas trade body changing name to reflect drive...

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Three oil & gas firms gearing up for Norwegian wells in February

Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea. The post Three oil & gas firms gearing up for Norwegian...

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Saipem in profit warning as margins deteriorate due to pandemic and rising costs

Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects' margins. The post Saipem in profit warning as margins...

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