The world must continue to extract oil and gas in order to sustain civilization, while also developing sustainable sources of energy, Tesla founder Elon Musk told reporters at a conference in Norway on Monday.'Realistically, I think we need to use oil and gas in the short term…
Norwegian oil and gas company Aker BP ASA has drilled a dry well in the production licence 941 in the Norwegian sea, the Norwegian Petroleum Directorate has informedThe exploration well 6507/3-16 was drilled about 12 km northeast of the Skarv…
G.W. Lisk Company recently announced the launch of their ATEX, IECEx and UL/ULC certified in line deflagration flame arrestor series. The series is designed for use in Class 1: Div 1 (Zone 0,1), Div 2 (Zone 2) oil and gas installation up to 4”…
Marine seismic survey contractor Shearwater GeoServices has won a contract for a 3D survey of the Devil’s Hole Horst prospect in the UK North Sea by North Sea Natural Resources (“NSNR”).The towed streamer survey covers approximately 1,586 sq km and will be carried out by the SW Bly vessel…
Santos Ltd has agreed to pause some drilling on the Barossa gas project in waters off northern Australia pending a court decision on a challenge by a group of Indigenous land owners seeking to stop the $3.5 billion project.Hearings on the case concluded on Friday at the Federal Court in Darwin…
Oil and gas company Neptune Energy said Friday it had made a new commercial discovery at the Ofelia exploration well, near the Gjøa field in the Norwegian part of the North Sea. The plan is to develop the discovery as a tie-back to the Gjøa platform…
Oil major Shell has booked a semi-submersible drilling rig for its operations in Namibia, where it recently struck a major offshore oil discovery.Offshore rig owner Northern Ocean said Thursday that Shell Upstream Namibia B.V., a subsidiary of Shell…
Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…
Four major oil companies have agreed to end U.S. lawsuits that together sought to enforce multi-billion dollar arbitration awards against Nigeria's state-owned oil company, after reaching new deepwater oil production sharing agreements.Two federal judges on Aug…
Oil companies in Norway must increase their exploration activity in remote regions like the Arctic Barents Sea for the country to find the remaining reserves of oil and gas beneath its oceans, the Norwegian Petroleum Directorate said on Thursday…
UK's workers' union Unite said Monday it would ballot over 300 offshore drilling and contract maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) on strike action.The ballot, which opened Monday and closes on September 27…
Oil and gas company Neptune Energy has started an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, off the UK, with the potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter…
Norwegian offshore drilling company Odfjell Drilling has secured a five-year contract with Aker BP ASA for its Deepsea Stavanger semi-submersible drilling rig, for drilling programs scheduled to start in early 2025.The day rates for the contract will be market-based…
Drilling simulation technology provider Drilling Systems, part of 3t Energy Group, has delivered a well control training lab to Western Texas College (WTC) with the installation of its simulators. The new lab will provide in-demand well control training for petroleum technology students…
MacGregor, part of Cargotec, has been selected to supply two self-contained traction winch systems for a geological survey drilling vessel in China.The vessel is owned by Guangzhou Marine Geological Survey (GMGS), a subsidiary of China’s Ministry of Natural Resources…
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