The oil and gas sector is very unfashionable at the moment. Environmental concerns and the rise of renewables combined mean that the industry feels pretty friendless right now. Be honest: how many of us now […]
Eni (as the Operator of the Block) and bp (as contractor member) have announced a new gas discovery in the Great Nooros Area, located in the Abu Madi West Development Lease, in the conventional waters […]
bp and Microsoft Corp. have announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net zero carbon goals of both companies. This includes a […]
Vattenfall has closed one of the major deals in e-mobility with Aral in Germany and and BP in the Netherlands. The deal makes it easier to get into e-mobility and mixed fleets. Firstly by introducing […]
Equinor has entered into an agreement with BP to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 […]
Total has announced that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin, 120 kilometres offshore Brazil. […]
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the installation of several stem clamps for BP beneath the Mad Dog Spar in the Gulf of Mexico, […]
Marwell, the wellbore and completion specialist, has announced two new senior appointments – Øystein Eide and Petter Rommetvedt. Joining the team in September 2020, Eide will lead the drilling and well construction segment and Rommetvedt […]
Integrated oil and gas companies (IOCs) have acted decisively to conserve cash faced with the double blow of the economic crisis and collapse in oil prices in March and April, says Scope Ratings, a credit […]
As the offshore oil and gas industry recovers from a sudden and deep drop in oil prices triggered by the COVID-19 pandemic and subsequent Russia-Saudi Arabia price war, the sector must identify the most effective […]
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