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Oil & Gas

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.

BP, Eni Team Up In Pursuit Of Exploration Opportunity In Oman

BP and Eni have signed a heads of agreement with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly toward a

LLOG expects three field start-ups in 2019

LLOG Exploration Co., L.L.C. has provided an update on the status of its recent successes and ongoing projects in the deepwater Gulf of Mexico.

Russia gradually cuts oil output in line with OPEC+ deal

Russia is slowly decreasing its oil production following the v+ deal and is on track to reach approximately the fifth of the way towards its pledged cut on January

Norway audits Maersk Drilling’s procedures

The Petroleum Safety Authority Norway (PSA) and the Norwegian Labour Inspection Authority have audited Maersk Drilling

Norway awards Equinor exploitation permit for CO2-storage

Equinor has been awarded an exploitation permit for CO2-storage on the Norwegian Continental Shelf, according to Norway's Ministry of Petroleum and Energy. 

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