Vår Energi has changed its executive management team, with Nick Walker will be joining Vår Energi as CEO and current CEO, Torger Rød, is transfering to the new role as COO.Walker most recently held the position as CEO of European E&P independent…
Production has started at Equinor’s Statfjord Øst’s life extension project six months ahead of schedule. The project has involved the installation of a pipeline from Statfjord C to Statfjord Øst, where five new wells (sidetracks) will eventually be drilled with gas lift and new Christmas trees…
An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale…
Petrobras CEO Jean Paul Prates participated in the CEO Oil and Gas Governors Meeting in Geneva this week and highlighted that it is crucial to raise people's awareness of the essential contribution of oil to the economy.The event was coordinated by the World Economic Forum…
Marine geophysical company PGS announced it has been awarded a 3D exploration acquisition contract offshore Africa.One of PGS' Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, subject to final approvals…
It’s a big deal when a U.S. president visits an American shipyard, and these trips always send a message. When President Obama spoke at HII’s Newport News Shipbuilding in 2013, he warned of the consequences of sequestration. President Trump’s 2020 speech at Fincantieri Marinette Marine touted a $5…
Harbour Energy narrowed its annual production forecast range on Thursday, pulled down by a halt in sub-sea and platform drilling and a delay in some Beryl oilfield production wells coming online.Shares in Britain's largest North Sea oil and gas producer fell by more than 2% in morning trade…
Hunting reported first-half core profit that more than doubled on Thursday and announced plans to slim down its non-core assets as the British oil and gas services firm aims to expand its presence in the energy transition markets.Shares fell by 7% in early trading…
Morgan Stanley's infrastructure investment arm is teaming up with U.S. maritime, energy and logistics solutions company Crowley to advance offshore wind energy solutions for the United States.Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP)…
Lebanon on Thursday granted a license to conduct seismic studies on its offshore Block 8 to the companies Bright Skies and GeoX, caretaker energy minister Walid Fayad said.Lebanon hopes gas and oil discoveries will help it to reverse a crippling…
A recent pilot project has verified the application of autonomous surface and subsea platforms for operations and maintenance (O&M) at the Deutsche Bucht Offshore Wind Farm, located in the German North Sea.The July 2023 project was commissioned…
The Bureau of Ocean Energy Management (BOEM) has announced it will publish the Final Notice of Sale for Gulf of Mexico Oil and Gas Lease Sale 261 in the Federal Register on August 25, 2023.BOEM plans to conduct the lease sale on September 27…
Woodside Energy on Thursday reached an in-principle agreement with unions at Australia's largest LNG project, potentially averting a disruption to supplies from the world's biggest exporter of the super-chilled fuel.Both Woodside and the union…
Drilling simulation technology provider Drilling Systems has launched a next-generation DrillSIM Downhole model to support realistic training for geothermal applications.The model is now implemented for the first time at the Drilling Simulator Celle…
Neptune Energy has started drilling operations at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern Gulf of Suez, Egypt. It is the first operated well to be drilled by Neptune in Egypt.The North…