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Oil & Gas

PTTEP initiates Thailand’s first CCS project

CCS is one of PTTEP's strategic pathways amidst the energy transition movement to become a low-carbon organization with sustainable growth.

Oil tankers make rare mid-Atlantic switch of Russian crude cargo

Transfer took place in waters 300 miles west of Madeira in May

McDermott awarded FEED by NOC for Qatar’s largest offshore oil field

This award is one the largest FEED projects undertaken in McDermott's history

Production start-up at Hammerfest LNG

After extensive repairs and improvement work, Hammerfest LNG is back in production after the fire in September 2020.

Subsea 7 awarded contract offshore Brazil

Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Ubu, Brazil

Equinor: New oil discovery close to Barents Sea Johan Castberg field

Equinor has made a new oil discovery in Snøfonn Nord, exploration well 7220/8-2 S, by the Johan Castberg field in the Barents Sea.

Gas and condensate discoveries to be developed in the Norwegian Sea

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.

Saipem Subsea drone for inspection of Shell and Petrobras fields in Brazil

Saipem has been awarded a contract by Shell and Petrobras for the utilisation of its FlatFish subsea drone in two pilot projects

Wintershall Dea exits Brage oil field

OKEA purchases Wintershall Dea’s 35.2% share in Brage and 6.46% share in Ivar Aasen, as well as 6% of the Nova development for €108 million (NOK 1.1 billion)

Hammerfest LNG to resume operations in a week

The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.

Maersk Drilling secures extension for Mærsk Developer in Brazil

Karoon Energy Ltd has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer.

Neptune Energy to spend $1 billion to support UK energy security

Neptune Energy announced today it will spend more than $1 billion1 over the next five years securing energy supplies for the UK and speeding the transition to net zero.

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