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Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Natural Gas
Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…
Oil&Gas Drilling
US Offshore Regulator Seeks to Strengthen Well Control Rules
Proposed changes include altering several adjustments made during the Trump administration
Oil&Gas Drilling
No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway
Separate wells drilled near Balder and Oseberg Ost fields
Oil&Gas Drilling
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
Oil & Gas Trade
New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Natural Gas
Australia’s BPH Energy Explores Legal Avenues Over Project Permit
Australia's BPH Energy Ltd said on Tuesday it was conducting a review of options, including potential for legal avenues, after reports said former Prime Ministe…
Oil&Gas Drilling
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…
CCS
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
Singapore
Keppel Cancels Three Contracts
Singapore’s Keppel has terminated contracts with three different clients related to orders for a jack-up drilling rig, a tender-assist rig, and a liftboat.
Crude Oil
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
Crude Oil
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
France
Hazard Map in Aid of Geothermal Projects Developed in France
The multidisciplinary hazard map developed by BRGM and Cerema has helped in creating regulatory zones for geothermal drilling in several regions in France.
Oil&Gas Drilling
China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use
China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Of…
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