North Sea
Energy Transition in Motion (Week of Aug. 23, 2024)
Here is a look at some of this week’s renewable energy news, including a promising outlook for global offshore wind capacity.
The EPC Market Keeps Its Head Above Water
While offshore investments are rising, particularly in deepwater fields, challenges persist due to project delays and inflation, according to Westwood analysis.
Viaro Energy to Buy Shell, Exxon’s North Sea Assets
When the transaction is completed, Viaro Energy will control 11 fields that produced 28,000 boe/d in 2023, 5% of the U.K.'s total gas production.
BP Awards Subsea Alliance Contract for UK North Sea Development
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.
International, Tech Drive NOV’s 2Q Growth Amid US E&P Headwinds
Despite a U.S. drilling slowdown, slightly offset by Permian Basin activity, NOV saw overall second-quarter revenue grow by 6%, although second-half 2024 challenges remain in North America.
How Generative AI Liberates Data to Streamline Decisions
When combined with industrial data management, generative AI can allow processes to be more effective and scalable.
E&P Highlights: July 15, 2024
Here’s a roundup of the latest E&P headlines, including Freeport LNG’s restart after Hurricane Beryl and ADNOC’s deployment of AI-powered tech at its offshore fields.
E&P Highlights: July 1, 2024
Here’s a roundup of the latest E&P headlines, including the Israeli government approving increased gas export at the Leviathan Field and Equinor winning a FEED contract for the all-electric Fram Sør Field.
E&P Highlights: June 24, 2024
Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.
Energy Transition in Motion (Week of June 21, 2024)
Here is a look at some of this week’s renewable energy news, including record-setting first quarter energy storage capacity in the U.S.