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Oil & Gas

New is better in LNG propulsion, concludes major study

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

Barclays Rejects Arctic Drilling

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

Equinor Extends Esvagt Contract

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

Norway grants record number of 83 offshore licenses

Oil & Gas
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

Oil & Gas
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

Oil & Gas
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

Oil & Gas
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

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

Norway awards Equinor exploitation permit for CO2-storage

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

Oil and Gas in 2019 – A time of Transition

Oil & Gas
During 2018, volatility marked the global oil and gas sector.

Maersk Supply Service to support Chevron’s Gorgon Stage Two

Oil & Gas
Chevron Australia has contracted Maersk Supply Service to support its Gorgon Stage Two drilling programme,

Equinor Closes UK Rosebank Acquisition From Chevron

Oil & Gas
Equinor ASA said Jan. 11 it had completed the acquisition of Chevron Corp.’s stake in the U.K. Continental Shelf project
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