Oil And Gas News


Noble Corporation Hooks $40M Contract for Noble Resolve Jack-Up

7 hours ago

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…

Australia Backs Long-Term Gas Drilling Despite 2050 Climate Goals

10 hours ago

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)…

Rosetti Marino Hooks $9.6M INEOS Deal for North Sea Gas Platform

May 09, 2024

Italian contractor Rosetti Marino has secured a contract with INEOS E&P for front end engineering design (FEED) for an offshore high pressure, high temperature (HP/HT) gas production platform offshore Denmark.The contract, worth approximately $9…

Diamond Offshore Agrees Marketing Rights for Three Drillships

May 09, 2024

U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action.Diamond Offshore entered into an agreement with Eldorado Drilling…

BW Energy Finds Hydrocarbons at Hibiscus South Pilot Well

May 09, 2024

Oil and gas company BW Energy has found hydrocarbons in the DHBSM-2P pilot well, confirming the Hibiscus South deposit offshore Gabon extends into the northern part of the field with good reservoir quality.BW Energy said it plans to complete the well as a production well later in 2024…

Liza Unity FPSO Hits Peak Output

May 08, 2024

An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday.The consortium, which includes Exxon, Hess and CNOOC…

Guyana's Cabinet Clears Oil Block Bid

May 08, 2024

Guyana's cabinet has approved a bid for an offshore oil block by a consortium including QatarEnergy, TotalEnergies and Malaysian state-owned Petronas, a minister from the South American country said on Wednesday.Guyana, home of the largest oil discoveries in nearly a decade…

Australia Backs Long-Term Gas Exploration

May 08, 2024

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the incumbent Labor Party that oppose its use.Australia…

Norway Expands Acreage for Oil and Gas Exploration

May 08, 2024

The Norwegian Ministry of Energy has offered 37 bocks in the Barents Sea and the Norwegian Sea as part of its annual licensing round for predefined areas (APA), which give oil companies the opportunity to gain access to attractive acreage in the mature areas of the Norwegian shelf…

Onshore Tests Start for PosHYdon Offshore Green Hydrogen Pilot

May 08, 2024

The onshore tests for the PosHYdon project, which aims to produce green hydrogen on an operational gas platform in the Dutch North Sea, have started in the Netherlands.The PosHYdon pilot kicked off the onshore test successfully at the premises of InVesta…

First Oil Flows from Eldfisk North Field Offshore Norway

May 08, 2024

Eldfisk North project, operated by ConocoPhillips at the Greater Ekofisk Area in the North Sea, has achieved first oil production.In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with…

DNV's New Standard for Hybrid TCPs Set to Improve Deepwater Projects Reliability

May 08, 2024

DNV has released its latest standard, DNV-ST-F207 for hybrid thermoplastic composite flexible pipes (TCPs), which facilitates the integration of innovative technologies like carbon fiber armor into flexible riser designs to enhance efficiency and reliability for deepwater projects…

Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

May 08, 2024

Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…

Promethean Energy Kicks Off Decommissioning Works of Orphan Wells in Gulf of Mexico

May 08, 2024

Promethean Energy, an oil and gas company focused on stewarding mature assets, has started work on the temporary abandonment of nine orphan wells in the Matagorda Island lease area in the Gulf of Mexico on behalf of the U.S. Federal government…

Current News

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