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Oil & Gas

Aker BP to drill 15 exploration wells in 2019.

Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018

Saipem awarded $1.3bn worth of offshore contracts by Saudi Armanco

Italy’s Saipem has been awarded two engineering, procurement, installation and construction contracts by Saudi Aramco

Uniper and Titan LNG to cooperate boosting LNG Wilhelmshaven Terminal functionality

Uniper SE and the Dutch Titan LNG signed a Memorandum of Understanding to accelerate the growth of Liquified Natural Gas

FSRU Commences Operation at Kaliningrad

Russia's President Vladimir Putin inaugurated a LNG import terminal in Kaliningrad on the Baltic Sea earlier this week.  

Equinor Makes Gas, Condensate Discovery In Norwegian Sea

Equinor said Jan. 16 the Ragnfrid North (6406/2-9 S) exploration well discovered gas and condensate in the Norwegian Sea.

Potential Of AI-powered Directional Drilling

Directional drilling is a challenging task even during the best of conditions, with many aspects described as more art than science

Despite Shutdown, BOEM Resumes Work on Offshore Drilling Plan

The Bureau of Ocean Energy Management (BOEM), the permitting agency for offshore development in federal waters

MDL, TechnipFMC conclude four projects in the North Sea

 Maritime Developments Ltd. (MDL) has completed a four-project campaign with TechnipFMC in the North Sea.

New is better in LNG propulsion, concludes major study

As the 2020 deadline for lower emissions looms ever closer, shipowners increasingly prefer to install LNG propulsion in new ships

Barclays Rejects Arctic Drilling

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing

Equinor Extends Esvagt Contract

Norwegian multinational energy company Equinor ASA and the provider of emergency rescue and response vessels Esvagt

Norway grants record number of 83 offshore licenses

Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf.

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