Energy firms Equinor and Petoro have entered into a value-neutral asset swap agreement for the Haltenbanken area, including the Heidrun and Tyrihans producing fields, offshore Norway.Equinor will increase its ownership in the Heidrun field and…
Saudi oil and gas drilling contractor ADES Holding has signed a contract with Thai national oil and gas company PTTEP for one of its modern jack-up drilling rigs, worth $94 million.The contract, signed on May 14, 2024, is for an 18-month firm term plus a nine-month optional extension…
French marine seismic firm CGG, in collaboration with Côte d’Ivoire's Direction Générale des Hydrocarbures (DGH) and Petroci, has set out plans for two new multi-client 3D reimaging programs off Africa.The programs include CDI24 Phase I (3,120 km²) and Phase II (6…
UK-based oil firm Serica Energy has appointed Chris Cox as its new chief executive officer (CEO).The new appointment will take effect on July 1, 2024, with David Latin, chairman of Serica, ceasing his temporary role as Interim CEO at the same time…
Oilfield services company TechnipFMC has secured a ‘significant’ integrated engineering, procurement, construction, and installation (iEPCI) contract from Woodside Energy to support ongoing production at Pluto LNG project in Australia.TechnipFMC will design…
Norwegian diving contractor SubseaPartner has secured offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS) for Vår Energi.The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services…
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carbon activities, company sources said.Such…
Mubadala Energy has made second consecutive ‘significant’ gas discovery in South Andaman offshore Indonesia at the Tangkulo-1 exploration well, using Seadrill’s West Capella drillship.The Tangkulo-1 exploration well was drilled about 65 kilometres offshore North Sumatra in Indonesia…
Subsea Integration Alliance, a strategic partnership between OneSubsea and Subsea7, has secured a ‘large contract’ from Turkish Petroleum Offshore Technology Center (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye…
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.Under the terms of the agreement, which is subject to customary approvals by the government of Egypt…
Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct…
Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use.An Iraqi Kurdish company also took two of…
Offshore drilling contractor Noble Corporation has secured a new contract for the jack-up Noble Resolve with an undisclosed operator, offshore Spain.The campaign will consist of plug and abandon work on 13 wells and is expected to start in the second quarter 2025 and last approximately 170 days…
North Sea oil and gas operators could invest up to $3.7 billion in 14 major projects capable of cutting up to 32 million tonnes of lifetime CO2e emissions from their production activities, according to North Sea Transition Authority (NSTA).The…
Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…
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