Only 15% of the exhibition space remains available across three halls as companies sign up to be part of the first major face-to-face European offshore energy event since 2019, organisers have said.
Oil & Gas
An oil rig worker has been flown back to mainland Shetland by a coastguard helicopter after crushing their hand.
BW Energy has begun producing from its Tortue Phase 2 project, in Gabon’s Dussafu Marin licence.
Credit Suisse and VTB have reached agreements with UK and US authorities to settle issues arising from arranging financing for Mozambique.
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
Adnoc has signed deals with a number of service providers, including AMEC, Mott MacDonald and Penspen, worth $204.4 million.
Singapore yard Sembcorp Marine expects to make “significant losses” in the second-half 2021 as a supply chain crunch and project delays bite.
Despite a proposed carbon capture and storage (CCS) scheme, the Santos-led (ASX:STO) Barossa liquefied natural gas (LNG) project in Australia, will continue to release financially risky carbon dioxide emissions onsite, onshore and across the supply chain. This makes it one of the more expensive and dirtiest gas projects in the world, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
The Philippines' energy ministry yesterday defended the sale of the Malampaya gas project - formerly controlled by a Shell (AMS:RDSA) and Chevron (NYSE:CVX) joint venture - to a company run by an ally of President Rodrigo Duterte, dismissing a graft complaint.
The UK government has published its long-awaited Net Zero Strategy, with new support to help decarbonise offshore assets and updated plans for ensuring oil and gas licences meet climate goals.
Halliburton’s chief executive has praised the “effectiveness” of its “strategy and execution” after the company reported a healthy balance sheet.
Shearwater GeoServices Holding has launched a new seismic source technology, Harmony.
Subsea 7 has been awarded what it terms a “very large” contract with Brazilian state operator Petrobras.
India plans to take more ambitious climate action by 2030, even as the nation pushes back against pressure to set a target for net-zero greenhouse gas emissions.
Plunging temperatures across parts of China have sparked an early start to the winter heating season, likely lifting power demand and intensifying the nation’s energy crisis.
Malaysia’s state-owned energy company Petronas is planning to build a third multi-billion dollar floating liquefied natural gas (FLNG) unit to help solve challenges commercialising gas offshore Sabah in Malaysia as part of an effort to appease ConocoPhillips (NYSE:COP) and Shell (AMS:RDSA) following losses related to an upstream development.
Offshore catering giant Sodexo has pledged to make a third of all its meals vegan in a bid to meet its net-zero targets.
Lekoil has finally posted its accounts for 2020, taking an impairment of more than $100 million on a Nigerian asset and acknowledging going concern worries.
Kuwait’s Mina Al-Ahmadi refinery is on fire, Kuwait National Petroleum Co. (KNPC) has confirmed, with some minor injuries.
Tatneft has relaunched operations in Libya, starting work on an appraisal well in the Ghadames Basin.
Qatargas has begun building the four trains of the North Field East (NFE) project, to boost production to 110 million tonnes per year of LNG.
Unite is balloting nearly 300 workers at Ponticelli and Semco Maritime on North Sea industrial action.
SDX Energy has begun its 12-well development campaign on the West Gharib concession, in Egypt’s Eastern Desert.
Australian east coast gas producer Senex Energy (AX:SXY) said today that it had received a $605 million takeover offer from POSCO International (KS:047050) and has embarked on an exclusive period of due diligence with the South Korean trader.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is collaborating with US-based Heliogen, a provider of AI-enabled concentrated solar energy, to build a 5 MW commercial-scale demonstration facility in California.