World’s recoverable oil resources take a hit, Rystad says
The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C. The post World’s recoverable oil resources take a hit, Rystad...
View ArticleDSME wins $635 million order to build platform for Qatar’s giant oil field
South Korea's DSME has been awarded a contract to deliver an offshore crude oil production platform for Qatar's largest oil field. The post DSME wins $635 million order to build platform for Qatar’s...
View ArticlePlan to power oil & gas ops with floating wind unveiled in Azerbaijan
SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will […] The post Plan to power oil & gas ops with floating wind unveiled in Azerbaijan appeared first on...
View ArticleABS approves SBM Offshore’s AI-powered mooring solution
ABS has issued New Technology Qualification to SBM Offshore's artificial intelligence-powered Intelligent Agent Mooring Line Integrity Tool. The post ABS approves SBM Offshore’s AI-powered mooring...
View ArticleJadestone and SapuraOMV bound to close Malaysia deal as all conditions satisfied
Jadestone has said that conditions required to complete its acquisition of the Peninsular Malaysia assets of SapuraOMV have been satisfied. The post Jadestone and SapuraOMV bound to close Malaysia deal...
View ArticleExxonMobil joins Acorn carbon capture project
U.S. supermajor ExxonMobil has signed a memorandum of understanding (MoU) to participate in the Acorn carbon capture and storage project (CCS) in Scotland. The post ExxonMobil joins Acorn carbon...
View ArticleSkandi Neptune ready for Campos Basin
DOF Subsea has mobilized Skandi Neptune for the ocean bottom node (OBN) 4D seismic campaign […] The post Skandi Neptune ready for Campos Basin appeared first on Offshore Energy.
View ArticleGreenland says ‘NO’ to further oil exploration. Focus on renewable energy
Greenland has put a halt to its 50-year attempt to become an oil producing nation after announcing it would stop granting exploration licences and suspend a strategy of searching for oil. The post...
View ArticleSeadrill Partners reveals new name as Equinor hires Vela drillship
An offshore drilling contractor previously known as Seadrill Partners has secured a contract with Equinor for operations in the U.S. Gulf of Mexico. The post Seadrill Partners reveals new name as...
View ArticlePetrobras and Equinor hire DOF anchor handlers
Norskan, DOF ASA’s Brazilian subsidiary, has secured two contracts for its Anchor Handling Tug […] The post Petrobras and Equinor hire DOF anchor handlers appeared first on Offshore Energy.
View ArticleIn focus: Oil & gas players taking lead roles in energy transition
A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies'...
View ArticleExxonMobil elects new senior VP and CFO as Swiger plans to retire after 43 years
Andrew Swiger has decided to retire as senior vice president of ExxonMobil while Kathryn Mikells has been elected as senior VP and CFO. The post ExxonMobil elects new senior VP and CFO as Swiger plans...
View ArticleOPEC & allies agree to boost output from August and phase out cuts in...
OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022. The post OPEC & allies agree to boost output from August...
View ArticleIOG completes challenging Elgood well, but delays affect first gas timing
UK gas company IOG plc has achieved successful flow test results at its Elgood […] The post IOG completes challenging Elgood well, but delays affect first gas timing appeared first on Offshore Energy.
View ArticlePGS concludes CSEM technology sale
PGS has completed the sale of the hardware, software and intellectual property associated with […] The post PGS concludes CSEM technology sale appeared first on Offshore Energy.
View ArticleSantos bid to form $16 bln regional powerhouse rejected by Oil Search
The Papua New Guinea-focused oil, gas, and LNG producer Oil Search has rejected a merger offer made by Australia's energy major Santos. The post Santos bid to form $16 bln regional powerhouse rejected...
View ArticleAker BP makes minor gas discovery in Barents Sea
Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said. The post Aker BP makes minor gas...
View ArticleWhat’s ahead for offshore energy workforce as the world strives for net-zero?
As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce? The post What’s ahead for offshore energy workforce as the world...
View ArticleBorr rig kicks off Kistos’ Dutch North Sea drilling campaign
Borr Drilling's Prospector-1 jack-up drilling rig has arrived at Kistos' Q10-A field in the Dutch North Sea and started the company's 2021 drilling campaign. The post Borr rig kicks off Kistos’ Dutch...
View ArticleBiden clean energy plan key to straightening out energy job losses
The U.S. energy sector lost 10 per cent of its workforce last year due to the Covid-19 pandemic and one of the critical ways to revitalise the industry is President Biden's clean energy plan. The post...
View Article