Seadrill sticks with floater focus, launches $250m buyback
Drilling rig operator Seadrill vowed to continue its focus on the floating segment after a profitable second quarter in which it completed its purchase of Aquadrill.
Drilling rig operator Seadrill vowed to continue its focus on the floating segment after a profitable second quarter in which it completed its purchase of Aquadrill.
As headline oil prices edge ever closer to $90 a barrel, there’s little sign of a let up in the day-to-day demand that’s underpinned the rally.
TotalEnergies (XPAR:TTE) has marked a milestone for its Ailsa floating storage and offloading (FSO) vessel in the North Sea.
Funded by the Industrial Biotechnology Innovation Centre, the process is being developed by Aberdeenshire-based SEM and researchers from Edinburgh University.
Former Centrica CEO Iain Conn speaks to Energy Voice about the opportunities presented by AI, and his thoughts on the latest from Centrica’s E&P business, Spirit Energy.
In October last year Abu Dhabi renewables giant Masdar bought UK energy storage developer Arlington Energy for an undisclosed sum.
Footage of a thrill-seeker BASE jumping from an onshore wind turbine has triggered a debate about safety online.
Sir Keir Starmer is facing criticism for failing to visit the north-east to discuss his controversial oil and gas plans two months a major backlash for announcing energy policy in Edinburgh.
About three years after Texas oil producer Denbury emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages.
Equinor shelved its ambitious Bay du Nord development plans in May. However, the company is continuing to pursue exploration in the area.
RWE has designated DeepOcean as a preferred supplier for subsea installation services at the Nordseecluster A offshore wind development.
There has been some impact from the war, though, with the supply chain of trucks bringing equipment back to the oil wells having slowed.
Saipem expects the offshore commissioning and start up of the FPU to take place in the fourth quarter of 2025.
"By utilising the RotoMill on this operation, bp can recover and reuse valuable base oil in their drilling system, delivering both environmental and commercial value to their operation."
A former oil worker has revealed what it was like to live on the controversial barge.
SNP Westminster group lead Stephen Flynn received exclusive tickets to Wimbledon paid for by oil giant BP.
Under the decision, Sasol must achieve concentration-based limits for SO2 at the Secunda steam plant boilers. The company had applied to be allowed to operate on a load-based limit – but this was rejected.
The Danish government has pushed back plans for its second carbon storage tender amid questions over whether the state should take a greater share of projects.
In March, Global said the Marula prospect may contain 411 million barrels, under an unrisked gross prospective resource. Welwitschia Deep may hold 881mn barrels.
Emergency services attended a fire within a docked oil rig in Dundee on Friday morning.
Perenco announced it has secured a licence as part of the UK’s carbon storage round, enabling its Poseidon carbon capture and storage project to proceed.
Rishi Sunak has been warned that halting the UK's progress towards net zero could ultimately burden consumers with extra costs.
We've taken a closer look at some of the projects that are putting Scotland's tidal energy sector on the map.
New data shows the oil and gas industry’s contract value saw a “significant” rise Q2 2023, mainly driven by work on Qatar's North Field South (NFS) project.
We’ve all struggled with a dilemma at some point, writes Sanjoy Sen