Middle East conflict has elevated strategic energy security priorities as countries seek supply diversification, international shale exploration can play a key role in meeting those goals, according to new research from Wood Mackenzie, titled “A hydrocarbon copy: the upstream industry’s return to international shale exploration”.
DNV, the independent energy expert and assurance provider, in collaboration with the international energy company Equinor, has introduced a new incident taxonomy that helps organisations improve how they classify, understand, and learn from incidents.
Partnership with NOC subsidiary brings in-country maintenance and repair for critical oil and gas and power assets.
bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.
Glamox will supply lighting for four Offshore Energy Support Vessels (OESVs) being built for Sea1 Offshore AS.
Energy and marine consultancy ABL have signed a memorandum of understanding (MoU) with Egyptian offshore construction and services company Petroleum Marine Services (PMS) to collaborate on rig moving services and marine assurance and risk.
Vår Energi ASA has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Energy, together with its partner Equinor.
Regulatory milestone provides planning certainty for BBIT-based products.
North American crude replaces Middle East flows as Europe faces structural diesel deficit while exporting gasoline surplus eastward.
Two of Norway’s fastest-growing offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.
DTEK and Baker Hughes sign MOU to develop Ukraine's gas production and strengthen energy security.
NSTA urges UK operators to plug and abandon redundant wells to protect the environment and the public purse.
Worley Consulting and Bloomfire partner to bring Enterprise Intelligence to energy, chemicals, and resources sectors.
Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.
The European bellwether front-month gas contract on the Dutch TTF hub initially dropped to EUR 42.50/MWh on Ice Endex this morning, its lowest since 2 March, before recovering slightly to EUR 43.46/MWh, at the time of writing.
Decom Engineering secures a United States patent for key elements of its proprietary Chopsaw cutting technology.
Rebuilding asset visibility from the component level up, by Rajaram Madhavan, SLB.
Mark Offshore manages and operates the DP1 ROV Support and Survey vessel. DroneQ Robotics now has the exclusive rights to deploy the vessel for its own projects, Intertek projects, and third-party projects.
The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.
TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK upstream oil and gas business.
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.
Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply two insulated carbon fibre PA12 (CF/PA12) TCP production jumpers for a Southeast Asian operator.
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals and critical gas-to-liquids facilities across the region.
EnerMech has secured a five-year contract to provide Bumi Armada with crane management and lifting services on the Armada Kraken Floating Production Storage and Offloading (FPSO) vessel in the UK North Sea East of Shetland.
Baker Hughes, an energy technology company, has announced a 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations, as well as a major refinery.