Global gas demand to go down in 2022 as Russia’s war in Ukraine disrupts markets
The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA's forecast for gas demand this year. The post Global gas...
View ArticleChinese cable supplier hired for major ADNOC oil and gas projects
ZTT Submarine Cable & System has secured three oil and gas subsea cable supply […] The post Chinese cable supplier hired for major ADNOC oil and gas projects appeared first on Offshore Energy.
View ArticleSantos runs out of luck in second Australian well
Santos has failed to find commercial hydrocarbons in the second exploration well in its campaign offshore Australia, the Apus-1. The post Santos runs out of luck in second Australian well appeared...
View ArticleEmpyrean ticks off ‘major box’ at Chinese well
Empyrean has confirmed the presence of gas clouds over the Jade well off China with drilling results thanks to elevated methane levels. The post Empyrean ticks off ‘major box’ at Chinese well appeared...
View ArticleNorway’s Equinor reveals its first energy transition plan ahead of advisory vote
Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition. The post Norway’s Equinor reveals its first energy transition...
View ArticleFalklands project to become ‘largest operated development asset’ for Israeli...
Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project. The post Falklands project to become ‘largest operated development asset’ for...
View ArticleADES to take over jack-up rig from Maersk
Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction. The post ADES to take over jack-up rig from Maersk appeared first on Offshore...
View ArticleAker BP all set to drill North Sea wildcat
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway. The post Aker BP all set to drill North Sea wildcat appeared first on Offshore...
View ArticleTechnipFMC scores iEPCI contract for Maria revitalization project
TechnipFMC has won an integrated engineering, procurement, construction, and installation (iEPCI) contract by Wintershall […] The post TechnipFMC scores iEPCI contract for Maria revitalization project...
View ArticleWith 50 years of operations under its belt, Ekofisk gets another life extension
Norwegian Ministry of Petroleum and Energy has extended ConocoPhillips' production licenses in the Greater Ekofisk Area. The post With 50 years of operations under its belt, Ekofisk gets another life...
View ArticleU.S. oilfield services giants book more in revenues, expecting further...
Oilfield services providers Halliburton & Baker Hughes revealed improvements in their 1Q 2022 financial performances on a y-o-y basis. The post U.S. oilfield services giants book more in revenues,...
View ArticleDenmark to harvest full potential of North Sea to ensure independence from...
Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields. The post Denmark to harvest full potential of North Sea to ensure...
View ArticlePetrobras and Equinor add more barrels to Brazilian field output with IOR...
Petrobras and its partner Equinor have started production from the first two wells of the IOR project at the Roncador field off Brazil. The post Petrobras and Equinor add more barrels to Brazilian...
View ArticleValaris rigs embarking on new assignments
Several offshore rigs owned by Valaris are embarking on their new assignments in the Gulf of Mexico, Mauritania, and Brazil. The post Valaris rigs embarking on new assignments appeared first on...
View ArticleWood boss to retire from the role after seven years
UK oilfield services provider Wood Plc has revealed that its CEO, Robin Watson, is retiring from the role. The post Wood boss to retire from the role after seven years appeared first on Offshore Energy.
View ArticleWATCH: SBM Offshore’s FPSO Prosperity getting its first topside modules
SBM Offshore's second Fast4Ward design-based FPSO, and its third one for Guyana, is now getting its first topside modules. The post WATCH: SBM Offshore’s FPSO Prosperity getting its first topside...
View ArticleNorwegian vessel operator promotes two to management team
Eidesvik has decided to fill COO and CTO roles by promoting internally to pursue further growth and position itself as a tech-savvy player. The post Norwegian vessel operator promotes two to management...
View ArticleUK players join forces to drill in North Sea later this year
i3 Energy and Europa have inked a farm-in deal for a sub-area of UKCS Licence P.2358 containing the Serenity discovery in the UK North Sea. The post UK players join forces to drill in North Sea later...
View ArticleChina’s largest producer of offshore oil & gas moves to make full use of...
China's oil and gas giant CNOOC Limited has launched an initial public offering on Shanghai Stock Exchange, raising about $4.4 billion. The post China’s largest producer of offshore oil & gas moves...
View ArticleTechnipFMC to support Nigerian oil and gas projects with subsea equipment
TechnipFMC has been granted pilot approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy its Subsea 2.0 equipment for the country's oil and gas projects. The post...
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