Vitol signs on to West African gas megahub plan
Vitol has signed up to a strategic partnership and co-operation agreement with Equatorial Guinea’s Ministry of Mines and Hydrocarbons, focused on the proposed gas megahub plan.
Vitol has signed up to a strategic partnership and co-operation agreement with Equatorial Guinea’s Ministry of Mines and Hydrocarbons, focused on the proposed gas megahub plan.
Oilfield service firm Unique Group has been awarded a contract worth at least $2 million (£1.55m) by a Chinese company to provide a saturation diving system for one of the client's vessels.
North Sea oil and gas receipts should go towards a "net-zero fund", according to Scotland's First Minister Nicola Sturgeon.
China’s CNOOC Ltd has signed up to explore two blocks in Gabon, the 11th contract signed since the country brought in its new hydrocarbon code.
North Sea oil and gas leaders are set to produce new industry research outlining how the sector is "reinventing" itself for the energy transition.
The African Development Bank (AfDB) has approved a $400 million long-term senior loan to support the Total-led Mozambique LNG project.
Equatorial Guinea has preliminarily awarded nine blocks in its EGRonda 2019 licence round, announcing the results at the Gas Exporting Countries Forum (GECF) under way this week in Malabo.
A new study into the health of the North Sea oil and gas industry has revealed growing levels of confidence and an increasing number of firms gearing up for the energy transition.
A UK Government official said yesterday that 2019 was a “year of scrutiny” for the offshore oil and gas decommissioning industry - and it was not a “one-off”.
A “ground-breaking” agreement on carbon capture, usage and storage (CCUS) has been reached today between a group North Sea oil industry backers and the Scottish Government.
Scottish oil and gas exploration firm Cairn Energy has announced that it will shed its Norwegian subsidiary firm Capricorn Norge in a more than £80 million deal.
The UK oil and gas industry must get more “radical” and “strategic” if it wants to make big decommissioning cost savings, an industry expert said.
The predicted cost of decommissioning the UK’s offshore wind farms has already risen to about £4 billion, the audience heard at a conference in St Andrews yesterday.
Maersk Drilling is "on track" to meet its foretasted targets thanks to securing additional contracts since its AP Moller-Maersk demerger, the firms boss has said.
Tense negotiations continued last night in a bid to avert possible strike action by engineers against a North Sea helicopter firm.
The firm behind a multi-million pound investment to form a metal recycling facility at the Port of Dundee is hoping to start construction in January.
Abu Dhabi is planning to put as much as $1.5 billion into Saudi Aramco’s initial public offering, as the oil giant taps friendly neighbors to prop up a deal that’s so far failed to draw foreign investors, people with knowledge of the matter said.
The predicted cost of decommissioning the UK’s offshore wind farms has already risen to about £4 billion, the audience heard at a conference in St Andrews yesterday.
Drilling contractor Valaris has announced a number of North Sea contract extensions among a clutch of global deals.
Odfjell Drilling's offshore workforce has accepted a new pay deal, according to trade union Unite.
The rise of specialist decommissioning firms could give the UK the edge in a global oilfield dismantling market worth £67 billion over the next decade, a new report said.
Learning how to decommission oilfields without demolishing the UK oil and gas industry’s net-zero pledge is the “next big step”, a new report said.
A new North Sea exportation and production (E&P) firm created by the former boss of Faroe Petroleum has announced its "success" in raising a £10 million war chest.
Oilfield service firm Coretrax has accelerated its expansion drive with the acquisition of Churchill Drilling Tools, of Aberdeen.
Independent Oil and Gas (IOG) has announced two changes to its top management team.