Activity News

 

RTS Wind Lands Offshore Wind Services Deal with Ørsted

Apr 29, 2024

Specialist wind turbine services provider RTS Wind has secured two extensive framework agreements for the provision of blade services for offshore wind developer Ørsted.The two five-year framework agreements will see RTS Wind support Ørsted’s long-term blade care and maintenance campaigns…

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Apr 29, 2024

Philippine petroleum company PXP Energy Corp will take part in a government auction of energy reserves in the country's western and southern waters that are not claimed by China, its chairman said on Monday.PXP Energy holds the rights to explore Reed Bank in the South China Sea…

Namibia's NAMCOR Signs Deal with Chevron to Develop Offshore Block

Apr 29, 2024

Namibia's national oil company has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, it said on Monday.The farm-out agreement with Chevron…

Equinor Secures Consent to Drill Two Wells in North Sea

Apr 29, 2024

The Norwegian Offshore Directorate has granted Equinor Energy a drilling permit for two wildcat wells in the North Sea.The approval is for wells 35/10-14 S and 35/10-14 A in production license 1185, valid until February 2029.Equinor is the operator of the license…

Dorado Project Offshore Australia on Track to Being FID-Ready by End of 2024

Apr 29, 2024

One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos…

Full Tyra II Gas Development Ramp-Up Impacted by Technical Issue

Apr 29, 2024

The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…

BP Suspends Production at Azerbaijani Platform for Maintenance Works

Apr 29, 2024

BP, as the operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development in the Caspian Sea, has kicked off planned maintenance (turnaround - TAR) works on the Deepwater Gunashli platform.In accordance with the plan, production from…

Talos Energy Makes Leadership Team Changes

Apr 26, 2024

U.S. oil and gas company Talos Energy has made organizational updates aimed at supporting its business growth and strategic priorities, following the recently closed QuarterNorth Energy acquisition.Sergio Maiworm, who joined Talos in 2018, was…

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Apr 26, 2024

Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…

Skanska Set for South Brooklyn Marine Terminal Buildout

Apr 26, 2024

Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project…

Saudi Oil and Gas Driller Nets $93M for Jack-Up Rig Deal

Apr 26, 2024

Saudi oil and gas driller ADES Holding has secured a contract from major international oil company for one its jack-up drilling rigs, valued $93.3 million.ADES Holding received the letter of award for a one-year firm jack-up drilling contract in Qatar with three optional six-month extensions…

Fugro Gets Dogger Bank South Offshore Wind Survey Job

Apr 26, 2024

RWE and Masdar (Abu Dhabi Future Energy Company) have appointed Fugro to conduct geotechnical seabed survey on 3 GW Dogger Bank South offshore wind farm.The findings will give a detailed and accurate picture of the ground conditions, which will…

Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana

Apr 26, 2024

France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana.This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana…

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Apr 26, 2024

Brazil's state-run oil company Petrobras has signed contracts for the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco.Production from the two fields was interrupted in March…

Hess Profit Jumps on Guyana Output in Positive Sign for Exxon

Apr 25, 2024

Hess Corp on Thursday reported first-quarter earnings well above analysts' forecasts, driven by a 28% increase in Guyana oil output, a sign Exxon Mobil's results out Friday could also top forecasts.Last October, Hess agreed to sell itself to Chevron for $53 billion in stock…

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