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 2020 and the respective platforms have been mothballed ever since.The amount to be received by Petrobras from the transaction is $10 million, of which $1 million have already been paid and the remainder at the closing of the transaction…
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…
Houston-based subsea equipment and services specialist Koil Energy has secured a contract for a subsea safety control system from a major international energy company.The multi-million-dollar contract encompasses the engineering, procurement…
PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.With over a year still to serve on the existing five-year contract, PBS secured an extension…
U.K.-based oil and gas company Trident Energy has strengthened its presence in Africa through an agreement with Chevron to acquire its share in several fields offshore Congo, in addition to the earlier deal made with TotalEnergies.Trident Energy…
Oil and gas company Sintana Energy has entered into agreement to acquire up to 67% shares of Giraffe Energy Investments, the owner of a 33% interest in petroleum exploration license 79 (PEL 79) which governs blocks 2815 and 2915 offshore Namibia…
Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled to vote on the proposed merger with Chevron Corp.Shareholders will vote on the proposed deal in a meeting whose date is yet to be set…
A gas leak that triggered an evacuation at Equinor's Hammerfest liquefied natural gas (LNG) plant has been repaired, but the facility still remains shut until Friday, the Norwegian energy group said on Wednesday.The incident occurred during…
Namibia is aiming for first oil production from TotalEnergies’ Venus field in 2029/2030, the country's petroleum commissioner Maggy Shino said on Wednesday.The southern African country, which is yet to produce any oil or gas, has become a global…
TotalEnergies has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale its 53.5% interest in the Nkossa and Nsoko II licenses offshore Congo.TotalEnergies…
Eni has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities, with Ithaca Energy, creating a major independent oil and gas company present on the UK Continental Shelf (UKCS)…
Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel…
Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday due to a gas leak that occurred during maintenance, the company said in a statement.Production at Europe's largest LNG export facility had been halted at the time due to the ongoing work…
Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia where it has made a major oil discovery, three industry sources familiar with the matter told Reuters.Galp's Mopane discovery…
Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana.Following the early…
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