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Oil & Gas

Opinion: Carbon pricing plans ‘could transform upstream oil and gas economics’

Carbon charges are likely to come, and they will transform the upstream sector, affecting both asset values and the industry’s economics.

Worley and Morrison join forces to support decommissioning projects in the Gulf of Mexico

Worley recently signed a regional master services agreement with Morrison to provide engineering services for decommissioning projects in the Gulf of Mexico.

Petronas: New oil and gas discovery at offshore Block SK405B

Discovery further validates potential in Balingian Province

Neptune Energy: appraisal well confirms significant discovery at Dugong

Neptune Energy has announced an updated volume estimate for its Dugong discovery, located in the Norwegian sector of the North Sea.

GAC onboard with Spark’s LNG freight platform

The Spark LNG freight platform provides a freight index and associated tools that allow the market to better understand a critical part of the LNG value chain.

Maersk Drilling secures nine-month contract to reactivate Maersk Reacher in Norway

Maersk Reacher is a 350ft, Gusto-engineered MSC CJ50 high-efficiency jack-up rig which was delivered in 2009.

Asia’s first ship-to-containership LNG bunkering undertaken by CMA CGM and FueLNG

The first ship-to-ship operation by FueLNG Bellina, Singapore’s first LNG bunkering vessel, paves the way for large vessels to refuel LNG in Singapore.

PETRONAS becomes world’s first to produce LNG from two floating facilities

The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to the LNG buyer in Thailand.

Significant oil discovery close to the Fram field in the North Sea

Equinor and partners Vår Energi, Idemitsu Petroleum and Neptune Energy have made the biggest discovery so far this year on the Norwegian continental shelf (NCS).

Neptune Energy awards Borr Drilling contract for Dutch, UK campaigns

The activities will be carried out by Borr Drilling’s new Prospector 1 jack-up rig

Equinor, Repsol and Petrobras chose concept for BM-C-33 project in Brazil

The well streams will be sent to a floating production, storage and offloading unit (FPSO) located at the field.

Awarding three contracts for Heimdal and Veslefrikk decommissioning

Equinor has chosen Heerema Marine Contractors Nederland SE for removal, dismantling and recycling of the topsides and jackets of the Heimdal riser platform, Heimdal main platform and Veslefrikk A platform in the North Sea.

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