Record number of FPSO leases on course for expiry in 2022, Westwood Global says
As many as 30 FPSO units could be back on the shelf by the end of next year, according to new analysis from Westwood Global Energy Group.
Bodies recovered from barge that sank off Mumbai during cyclone
Indian navy ships have recovered 22 bodies of people who were aboard a barge that sank off Mumbai as a cyclone blew ashore this week.
Woodside high-flier says decom prize would be just reward for universities
A budding petroleum engineer is hoping to “give something back” to the universities that boosted his career by winning a prestigious award.
Subsea sector urged to act now to reap benefits of energy transition
The subsea industry is being advised to act now to capitalise on the energy transition, with experts warning that the road to net zero is already underway and companies need to meet the change of pace required.
North Sea oil and gas must be ready for ‘green industrial revolution’
The United Kingdom is on a journey towards net zero emissions and it will take nothing less than a green industrial revolution to get us there.
Report slams UK energy sector for ‘alarming’ lack of progress on gender diversity
The UK energy sector has been warned that an alarming lack of progress on gender diversity in its senior ranks threatens to derail its transition to net-zero.
Your data held hostage: worrying increase in ransomware attacks is a stark reminder for the industry
Ransomware is big business, and the threat is growing.
Shareholders back Shell transition strategy, but support for activist resolution doubles
Almost a third of shareholders defied the wishes of Shell board members to vote in favour of a resolution tabled by an activist shareholder group at its annual general meeting today.
Cyclone sinks barge hired by ONGC, nearly 100 missing
A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp. prompting a massive operation to rescue 96 people missing from the vessel.
Modus snaps up AUVs tested in Fort William
Subsea services firm Modus has bought two SPICE AUV systems from Kawasaki Heavy Industries (KHI).
TechnipFMC wins contract with Ithaca for Captain EOR project
Energy service firm TechnipFMC has clinched a contract with Ithaca Energy for the Captain enhanced oil recovery (EOR) project in the UK North Sea.
IEA net-zero roadmap has no place for further oil and gas exploration
A landmark International Energy Agency (IEA) roadmap says no new oil and gas fields should be developed – beyond those already sanctioned -- if the global energy sector is to achieve net-zero emissions by mid-century.
Energy Transition: Setting targets is the easy bit – meeting them is the challenge
The phrase “Energy Transition” is now a central theme in climate change terminology, but transition to what energy sources and over what time period?
North Sea oil and gas operators help to launch platform for streamlining tendering
North Sea oil and gas operators have helped to develop a new platform for streamlining the tendering process.
Iran gears up for return to oil market as US talks advance
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.
Iran to award $1.8bn gas field contract to local company
Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously intended to be tapped by a group of Indian companies.
A CCS arms race, an all-subsea solution, and pirate gas
In this latest, swashbuckling EVOL podcast, in association with Dräger, Energy Voice’s scurvy sea dogs, Mark, Ed and Hamish, plot a course through the week’s top tales.
Cop26 is ‘last hope’ for goals
Cop26 must consign coal power to history, signal the end of polluting vehicles and call time on deforestation, the president of the climate summit has urged.
Global Partnership between Draeger and Shell renewed
Draeger Marine and Offshore, a division of The Draeger Group, a €3.4 billion international leader in the fields of medical and safety technology, has today welcomed a new 3-year renewal of a global partnership with Shell.
Ardmore distillery hydrogen-from-wastewater project gunning for government funds
A pioneering project that would use wastewater from an Aberdeenshire distillery as a feedstock for producing clean-burning “green” hydrogen is in the running for a funding injection.
Union says minimum wage laws flouted amid offshore renewables ‘rush’
A trade union claims it has uncovered a case of the minimum wage law being “flouted” in the UK offshore renewables sector.
Mocean’s Blue X wave device takes plunge in Orkney ahead of sea trials
Scottish firm Mocean Energy’s Blue X wave energy device has taken the plunge in Orkney ahead of sea trials this summer.
Serious Fraud Office launches probe into GFG Alliance
International metals group GFG Alliance, which owns Fort William aluminium smelter, is under investigation by the Serious Fraud Office (SFO).
IOG joins forces with Heriot-Watt Uni to study CCS potential of its licence areas
Independent Oil and Gas (IOG) is joining forces with Heriot-Watt University to study the potential for carbon capture and storage (CCS) in its southern North Sea licence areas.
£5m lending package puts wind in the sails at Leask services firm
An Orkney-based marine services company has set a course to double the size of its business thanks to £5.3m from lenders.