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Oil & Gas

Ukraine’s Naftogaz in talks with Romania’s OMV Petrom to develop Black Sea gas find

The ​gas find could ultimately boost Europe's energy security as it cuts ties with Russia, while underlining ​the Black Sea's potential for further discoveries.

Archer secures a 3-year contract extension on the Norwegian Continental Shelf

Archer has landed a multi-year contract extension with an undisclosed oil and gas operator on the NCS.

Acteon delivers first MHU4400S hammer to Heerema

The hammers come equipped with global navigation satellite systems and noise reduction units

European gas prices jump by as much as 45% as Qatar stops LNG production

QatarEnergy announced early Monday afternoon that it had halted liquefied natural gas production linked to the giant North Field gas reservoir following an attack on its facilities

Israel closes natural gas fields amid attack on Iran

The shutdown is a precautionary security measure, the Ministry of Energy said in a statement. It did not specify which fields were affected.

Saipem awarded a new offshore contract in Saudi Arabia worth approximately $500 million

Offshore operations will be carried out by Saipem's construction vessels currently deployed in the region

Saipem introduces an AI-based predictive maintenance system onboard the Saipem 12000

The project uses IoT sensors and machine learning models to detect early signs of potential failures.

SLB OneSubsea awarded subsea compression upgrade for Gullfaks field

The project delivers two next generation compressor modules to replace the original 2015 units.

Vantris Energy agrees to market Dolphin Drilling semisubmersible rig in Southeast Asia

The rig shall be marketed by Vantris on a non-exclusive basis in Indonesia, Malaysia, Myanmar, Thailand, Vietnam and other locations as may be agreed.

Aquaterra Energy supporting subsea well abandonments offshore Spain

Well intervention and abandonment is increasingly the defining challenge for many mature offshore basins

MOL completes Japan’s first ship-to-ship methanol bunkering at Yokohama

The operation involved transferring methanol from the bunker tanker Eika Maru to the methanol dual-fuel vessel Kohzan Maru VII

Eni confirms the significant oil discovery in Algaita-01, offshore Angola

Preliminary estimates indicate oil in place of around 500 million barrels.

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