Global oil and gas discoveries are on track to hit their lowest full-year level in 75 years if the final weeks of 2021 fail to yield any significant finds, according to analysis from Rystad Energy.
It’s been quite the year at Blaze, we have seen ourselves grow our staff by over 30%, have broken into Nuclear with large contract wins, now have three multi million pound wind energy projects under our belts and we’re currently working on a fourth.
Stronger oil and gas prices brought North Sea operator Neptune Energy back to profits in the first half of 2021.
Navigating Covid restrictions, dodging other energy calendar fixtures and even working around the Houston Texans football team has allowed OTC in Houston to finally get underway this month.
Organisers of Offshore Europe, Scotland’s largest energy exhibition and conference, are running the rule over whether it should be postponed until next year.
TechnipFMC has marked what it described as an “exceptional start” to 2021 as subsea orders doubled from the end of last year.
This year will be busy for Australian renewable energy players with an estimated 5.3 gigawatts of utility PV, wind and battery projects expected to finish commissioning, revealed Rystad Energy.
CNOOC, China’s third-biggest oil company, aims to raise its capital spending this year to between 90 billion and 100 billion yuan ($15 billion), the highest level since 2014, bucking the industry trend.
Petronas MPM has officially introduced Malaysia’s Small Fields Asset (SFA) production-sharing contract framework as part of an effort to revive its domestic upstream sector and lure new money.
High-impact targets from Equinor and Shell have been named among the “wells to watch” for the UK North Sea in 2021 by Westwood Energy.
A “window of opportunity” could present itself for oil producers next year as analysts predict supply deficits may reach their highest level in years.
Organisers of the Offshore Technology Conference (OTC) in Houston have postponed the 2021 event until August due to the Covid-19 pandemic.
More than half of exhibition space for Offshore Europe, due to return to Aberdeen in 12 months’ time, has been sold, despite Covid-19.
UK operators will "struggle” to find semi-submersible rigs for work in the North Sea next year, according to new analysis.
The International Energy Agency (IEA) has raised its forecast for renewable energy growth over the next five years.