Jadestone Energy plc said Thursday that its Montara Venture FPSO offshore Australia resumed production operations early on Tuesday March 21, 2023.The company shut down production from the Montara Venture FPSO in 2022, first to allow for repairs on a tank that leaked oil in June 2022 through a 30-millimeter crack and then after discovering a defect in water ballast tank 4S.Jadestone Energy had planned to resume production at the end of February…
Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy…
Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…
Petra Energy Berhad has secured a contract extension with Petronas for production, operation, and maintenance services at the Banang offshore oil field. The agreement runs until August 6, 2024. Its scope under the extension includes the provision of production…
Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022,…
Italy-based Prysmian Group, which makes and installs energy and telecom cable systems, has secured a €60 million (~$62,5 million) contract for laying submarine cables for the already secured Project Lighting HVDC 320 kV interconnection project in the UAE…
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin. Oil and gas companies around the world received a boost…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was 'not in a position to provide guidance on a possible Montara production restart date…
Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola.The contract is for the provision of project management, engineering, and marine services in support of the development…
File Photo: ADNOCSNC-Lavalin has won a four-year advisory and engineering services contract from Abu Dhabi National Oil Company (ADNOC) to support its offshore operations power project. A high-voltage, direct current (HVDC-VSC) subsea transmission…
Stockholm-based Maha Energy AB remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer…
Houston-based ProSep has won a water treatment project contract for Woodside's Scarborough gas development offshore of Western AustraliaThe contract, for end-client Woodside, which sanctioned the $12 billion Scarborough development in November 2021…
Exxon Mobil has begun removing U.S. employees working in Russia, according to a person familiar with the matter. The departures include staff from its large oil and gas production operations on Sakhalin Island in Russia's Far East.Exxon last year employed more than 1…
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