Africa-focused oil company Vaalco Energy has signed a contract with offshore drilling firm Borr Drilling for the drilling operations at the Etame block, offshore Gabon.As part of Vaalco's 2021/2022 drilling campaign, Borr Jack-Up XIV, a Borr Drilling company…
Norwegian oil firm Equinor and its partners have agreed to extend the life of the Heimdal field platforms in the Norwegian part of the North Sea for longer than previously expected.The Heimdal field was discovered in 1972. It started production in 1985…
Operators have called for greater certification and ‘provenance’ of oil and gas production and encourage competition when it comes to lowest emission barrels as they position their businesses to align with the energy transition.Speaking at the…
Activity on the Norwegian Continental Shelf (NCS) is going to be high in the next few years, but views on the longer-term outlook differ as the balancing act over demand for energy and a need to reduce emissions – at an ever greater pace – is played out…
Offshore drilling contractor Japan Drilling Co., Ltd. (JDC) has secured an offshore drilling contract with North Oil Company in Qatar.JDC will provide its jack-up drilling rig Hakuryu-10 over a three-year contract at Qatar's giant offshore oil field Al-Shaheen…
China’s southern province of Guangdong, the country’s largest regional economy, plans to offer subsidies to offshore wind power projects, to boost lower-carbon investment and reduce emissions, an industry website reported on Tuesday.The subsidies…
The organizers of SPE Offshore Europe 2021, a UK event focused on offshore oil and gas as well as energy transition, have announced that the show’s face-to-face event is moving to 1-4 February 2022 at P&J Live, Aberdeen and the conference will run virtually from 7-10 September 2021…
Oil extended its run of gains on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the pandemic and a drop in U.S. crude inventories.The American Petroleum Institute reported U…
Australian oil and gas company Far has hired Stena Drilling's Stena IceMax drillship to drill the Bambo-1 well offshore The Gambia. The well is expected to be spudded in the fourth quarter of 2021.The Bambo-1 well in Block A2 is designed to drill into 3 prospects with a total estimated recoverable…
Malaysian state-owned energy company Petronas and Indonesian counterpart Pertamina are on a watchlist for removal from JPMorgan’s ESG EMBI index, the bank said in a statement on Tuesday.JPMorgan said both oil majors 'are expected to exit the…
France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…
Lundin Energy has sold an oil cargo certified as carbon neutral at the point of production to South Korean refiner GS Caltex in the first such sale of crude from Norway's Johan Sverdrup field, the Swedish company said on Wednesday.Oil companies…
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Norwegian carbon tech company Horisont Energi has selected Saipem and Technip Energies for two independent concept studies for the full conceptual design of the Barents Blue carbon-neutral ammonia plant in Hammerfest, northern Norway.Back in May…
Offshore operations, maintenance, and asset integrity contractor Bilfinger Salamis UK has partnered with Sabik Offshore to upgrade and retrofit offshore wind marking systems in the UK and northwest Europe.'Strengthening the company’s offshore wind operations and maintenance portfolio…
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