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Latest news - International

Oil and gas discovery in the North Sea (35/10-13 S)

Oil and gas discovery in the North Sea (35/10-13 S)   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea. Wildcat well (35/10-13 S) was drilled in production licence 827 SB from the Awards in predefined areas (APA) in 2022. The well was drilled using the Deeps...

RGU collaborates on hydrogen energy project

RGU collaborates on hydrogen energy project   Listen to the podcast *This podcast may contain errors or misrepresentation of information, please make sure to verify any data presented with other sources.   RGU and Sustainable Solutions IR Ltd, a green tech group company under energy rental firm Intervention Rentals UK Ltd, are working together on a new research project focusing on the development of hydrogen production from waste heat which could have major implication...

Equinor Has Suppliers Secured for $9 Billion Brazil Gas Project

Equinor Has Suppliers Secured for $9 Billion Brazil Gas Project   Listen to the podcast   Equinor ASA has signed “all major contracts” to build a major natural gas development off the coast of Brazil that is expected to start production in 2028, Chief Executive Officer Anders Opedal said Monday. The Norwegian oil major has secured suppliers to build a floating production vessel, drill production wells and install sea-bed infrastructure such as a pipeline, O...

TotalEnergies commences gas production from Fenix field

TotalEnergies commences gas production from Fenix field Situated 60km off the coast of Tierra del Fuego, the Fenix field is a part of the Cuenca Marina Austral 1 concession.    Listen to the podcast   TotalEnergies has announced the commencement of gas production from the Fenix gas field, offshore Argentina. Situated 60km off the coast of Tierra del Fuego in Southern Argentina, the Fenix field is a part of the Cuenca Marina Austral 1 (CMA-1) concession.  ...

Students to prepare for world of work through AFBE-UK Scotland programme

Students to prepare for world of work through AFBE-UK Scotland programme   Listen to the podcast     Scottish STEM students and graduates are being given the opportunity to take part in a programme helping to prepare them for the world of work. AFBE-UK Scotland, which supports under-represented groups, is holding Transition events in Edinburgh, Aberdeen and Glasgow. The Transition programme was launched in 2012 to help provide an avenue for job applicants of m...

TotalEnergies’ Block 58 project key to US$31 billion offshore O&G spend forecast – Westwood

TotalEnergies’ Block 58 project key to US$31 billion offshore O&G spend forecast – Westwood   TotalEnergies’ Block 58 development offshore Suriname is a major contributor to an expected US$31 billion offshore oil and gas expenditure for the remainder of 2024, according to Westwood forecasts. The project will tap into an estimated 700 million barrels of recoverable resources from two fields, Sapakara South and Krabdagu.   Listen to the podcast &nb...

Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow

Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow The new Labour Government has sought to calm nerves within the UK’s North Sea oil and gas sector as the country’s transition to clean energy gathers pace.   Listen to the podcast   The UK Government is set to reassure the North Sea oil and gas sector that the transition to clean energy will be well-considered. Labour plans to ease by ensuring that the shift away from fossil fue...

Saipem Awarded A New Offshore Contract In Saudi Arabia Worth Approximately 2 Billion USD

Saipem Awarded A New Offshore Contract In Saudi Arabia Worth Approximately 2 Billion USD   Listen to the podcast   Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The value of the contract is approximately 2 billion USD. The award follows the completion of the bidding procedure, and the occurrence of the usual preliminary conditions requested by the...

Saipem awarded $4 billion EPC contract in Qatar

Saipem awarded $4 billion EPC contract in Qatar   Listen to the podcast   Saipem announced in a statement that it has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. The contract value amounts to approximately 4 billion...

Imrandd Prevents Costly Caisson Replacement for Australian Operator

Imrandd Prevents Costly Caisson Replacement for Australian Operator   Listen to the podcast   Imrandd has strengthened its global footprint after completing its first contract in Australia for a major upstream operator. The firm has successfully delivered an advanced inspection data analytics and integrity scope which determined the future condition of a caisson on an offshore asset, reliably confirming its integrity until cessation of the production facility and remov...

SPE Offshore Europe sets challenge of ‘Unlocking Europe’s potential in Offshore Energy’

SPE Offshore Europe sets challenge of ‘Unlocking Europe’s potential in Offshore Energy’   Leading energy event SPE Offshore Europe, is set to return to Aberdeen from 2-5 September 2025 as tens of thousands of delegates will gather to explore the theme ‘Unlocking Europe’s Potential in Offshore Energy’.   Listen to the podcast   David Whitehouse, conference chair and CEO of OEUK is leading a 24-strong industry committee from ac...

Ranked: The Largest Producers of Wind Power, by Country

Ranked: The Largest Producers of Wind Power, by Country   The Largest Producers of Wind Power, by Country Global wind power installations reached a new high in 2023, increasing renewable energy’s share of total power generation to 30%. China continues to be the driving force behind wind power expansion, accounting for nearly 66% of global capacity additions last year. Major wind farms in regions like Inner Mongolia and Xinjiang rank among the largest in the world. By 2030,...

NNPC, TotalEnergies begin $550m Ubeta gas project

NNPC, TotalEnergies begin $550m Ubeta gas project   Listen to the podcast   The $550 million Ubeta upstream gas project, a joint venture between the Nigerian National Petroleum Company Limited (NNPC Ltd.) and TotalEnergies, has officially commenced operations. The announcement was made by Olu Verheijen, the Special Adviser to the President on Energy, during the inaugural U.S.-Nigeria Strategic Energy Dialogue hosted by the U.S. State Department in Washington, D.C. The U...

Control Valve Solutions Awards Major Contract to ScotAi for Integration of mAint™ - Smart Manuals Capability within its CVS Manager™ System

Control Valve Solutions Awards Major Contract to ScotAi for Integration of mAint™  - Smart Manuals Capability within its CVS Manager™ System   Listen to the podcast   Control Valve Solutions (CVS) Limited, an Aberdeen-headquartered specialist in the repair, maintenance, and management of bespoke Control, Isolation, Pressure Safety, & Emergency Shutdown Valves and related products, is delighted to announce the awarding of a significant contract to ScotAi...

Apollo partners with bp in Trans Adriatic Pipeline

Apollo partners with bp in Trans Adriatic Pipeline   Listen to the podcast   bp and Apollo today announce an agreement for Apollo-managed funds (the “Apollo Funds”) to purchase a non-controlling stake in bp Pipelines TAP Limited, the bp subsidiary that holds a 20% share in Trans Adriatic Pipeline AG (TAP) in a transaction valued at approximately $1 billion. Upon completion, bp will remain the controlling shareholder of bp Pipelines TAP Limited. “We ar...

AREG grows expertise in offshore wind with two board director appointments

AREG grows expertise in offshore wind with two board director appointments   Aberdeen Renewable Energy Group (AREG) has enhanced its board with the appointment of two new directors adding more than 60 years of combined energy sector experience to the existing board of six. Allan MacAskill, technical director at Flotation Energy, and Andrew Wilson, managing director at Coast Offshore, will support AREG’s mission to champion the North-east's renewable energy sector as it co...

PetroChina snaps up acreage in global exploration hot spot

PetroChina snaps up acreage in global exploration hot spot   Suriname’s state-owned oil company Staatsolie has awarded PetroChina, a subsidiary of China National Petroleum Corporation (CNPC), production sharing contracts for offshore blocks 14 and 15 after evaluating competing bids for the acreage. Under the PSCs signed on Friday, PetroChina has obtained exploration, development and production rights for blocks 14 and 15. Staatsolie will hold a 30% participating interest in b...

Serica joins Enquest to warn of windfall tax threat

Serica joins Enquest to warn of windfall tax threat   Another oil and gas producer has said it will halt investment in the North Sea unless Chancellor Rachel Reeves reverses her tax increases on the industry. Serica Energy, which accounts for 5% of the UK’s gas production and has 1,000 employees, warned that new investments may no longer be feasible if Labour goes ahead with planned changes. North Sea oil and gas production is currently taxed at a headline rate of 75%, whi...

NSTA urges further actions to reduce UK North Sea emissions

NSTA urges further actions to reduce UK North Sea emissions   Britain’s North Sea operators managed to cut emissions from oil and gas production by 4% last year, according to the North Sea Transition Authority (NSTA). The overall emissions reduction between 2028 and 2023 was 28%, with flaring levels cut by 49% over the same period. That was down to a combination of more efficient operations and stricter controls and fines for unpermitted activity, the NSTA added. By 2040,...

Organisers hail ‘resounding success’ of inaugural West African Energy Summit

Organisers hail ‘resounding success’ of  inaugural West African Energy Summit   Business links between Scotland and West Africa have been strengthened following the success of an inaugural energy conference – with plans already underway for next year’s event. The West African Energy Summit (WAES), held at the Accra International Conference Centre in Ghana, brought together more than 450 delegates, 70 speakers, and 20 exhibitors for three days of talks a...
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