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News Ticker
  • [ 26 May 2022 ] Westwood: Oil and gas exploration remained resilient in 2021 despite the accelerating energy transition Exploration
  • [ 26 May 2022 ] EIT Manufacturing Moonshot Call presented at Green Accelerator in Davos Projects
  • [ 26 May 2022 ] TechnipFMC awarded significant contract by Equinor for Halten East development Contracts
  • [ 26 May 2022 ] The All-Energy and Dcarbonise 2022 success story Events
  • [ 26 May 2022 ] NKT receives order for second system of SuedOstLink, extension of one of the German high-voltage DC corridor projects Contracts
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Tullow Oil

ADC Energy director, Austin Hay
Contracts

ADC Energy awarded trio of global contract extensions to deliver specialist rig inspection services

14 December 2021 Editor Comments Off on ADC Energy awarded trio of global contract extensions to deliver specialist rig inspection services

ADC Energy has secured significant contract extensions to deliver its rig inspection, selection and audit services for three major E&P companies, including Tullow Oil, to support operator safety and efficiency goals. In the last 3 […]

iEPCI – TechnipFMC transforms the subsea industry by safely providing innovative solutions that improve economics, enhance performance, and reduce emissions
Contracts

TechnipFMC awarded a significant integrated EPCI contract for Tullow’s Jubilee South East development

7 July 2021 Editor 0

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract for the Jubilee South East development, located offshore Ghana. It will be the company’s first iEPCI™ project with Tullow Ghana Ltd. […]

‘Maersk Venturer’ is a high-specification 7th generation drillship which was delivered in 2014
Contracts

Maersk Drilling confirms long-term drillship contract with Tullow Oil offshore Ghana

8 April 2021 Editor 0

Based on the previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development […]

Explorations offshore well count outlook for Guyana (source: Rystad Energy ECube, research and analysis)
Oil/Gas

Exploration activity in Guyana to speed up, with record number of wells set for 2021

15 March 2021 Editor 0

Guyana has started the year with an exploration disappointment as a partner in the ExxonMobil-operated Canje block last week revealed that the first wildcat in the license failed to deliver. However, Rystad Energy expects exploration […]

INEOS has announced its intention to acquire BP’s global Aromatics and Acetyls business for a consideration of USD 5 billion (photo: BP)
Mergers

Global oil and gas industry M&A deals total USD 23.95 billion in Q2 2020

5 August 2020 Editor 0

Total oil and gas industry M&A deals in Q2 2020 worth USD 23.95 billion were announced globally, according to GlobalData’s deals database. The value marked an increase of 114.2% over the previous quarter and a […]

2020 production hedging for London-listed independent oil and gas companies (source: Globaldata)
Exploration

London-listed oil and gas independents’ hedging strategies will help navigate 2020 turmoil

19 June 2020 Editor 0

London-listed independent oil and gas companies such as Tullow Oil, Cairn Energy, Premier Oil, EnQuest and Genel Energy will continue to face hurdles in sourcing adequate financing for new developments and exploration activity as weak […]

Countries with asset packages on sale, split by company segments (source: Rystad Energy UCube)
Oil/Gas

Up for grabs: COVID-19 drives reserves of global oil and gas assets for sale to above 12.5 billion boe

3 June 2020 Editor 0

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates. While […]

Tullow expects the Lake Albert Development Project to achieve around 230,000 bopd when it reaches plateau (illustration: Tullow Oil)
Oil/Gas

Total acquires Tullow’s interests in the Lake Albert Project

23 April 2020 Editor 0

Total and Tullow have entered into an agreement, through which Total is to acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline. The overall consideration paid by […]

illustration: Future Oil & Gas
Events

Future Oil & Gas confirms Advisory Board and 2020 agenda

10 February 2020 Editor 0

The organisers of Future Oil & Gas have announced the 2020 Advisory Board and agenda for the 4th annual high-level conference and exhibition taking place at P&J Live in Aberdeen on 9-10 June 2020. The […]

Global conventional discoveries (source: Rystad Energy ECube, January 2020, and Rystad Energy research and analysis)
Exploration

Global oil and gas discoveries reach 4-year high in 2019

10 January 2020 Editor 0

The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries […]

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