Oil and gas industries commonly work in remote locations which require building facilities for their operations. While the traditional construction method is an option, it's not always practical. As a solution, these industries use modular buildings.

Following discussions with its joint venture (JV) partner, UK-based Hurricane Energy has decided to give up another licence in the Greater Warwick Area (GWA) on the UK Continental Shelf (UKCS), believing that economic development cannot be carried out within the remaining term of this licence.

Following last year’s rejection, oil major Shell has now received regulatory approvals for the development of the Jackdaw field located in the UK North Sea.

UK-headquartered IOG plc is looking forward to a phased increase to double the output at its Saturn Banks Project – Phase 1, located in the UK sector of the North Sea, after restoring the production following modifications to the terminal operated by Perenco (UK) Limited (PUK).

Offshore drilling contractor Aquadrill, formerly known as Seadrill Partners, has secured two new contracts, which will see it reactivating two of its rigs for deployment in India and Thailand.

London-listed Tullow Oil and Capricorn Energy, formerly known as Cairn Energy, have reached an agreement on the terms of a recommended all-share combination of Tullow and Capricorn to create what they say will be “a leading African energy company.”

Russia widened its gas cuts to Europe on Tuesday with energy giant Gazprom turning off supplies to top Dutch trader GasTerra escalating the economic battle between Moscow and Brussels.

The European Union leaders have decided to ban almost 90 per cent of Russian oil imports by the end of the year following an agreement on the sixth round of sanctions against Russia due to its invasion of Ukraine.

Norwegian offshore petroleum safety regulator has granted Neptune Energy consent for exploration drilling in the North Sea off Norway, using the Deepsea Yantai rig.

UK Oil & Gas (UKOG) is working on the Portland Energy-Hub concept centered around hydrogen-ready gas storage and a future green hydrogen generation capability.