Oil And Gas News

 

GEG Wraps Up Subsea7 Fabrication Scope for Aker BP’s Valhall PWP - Fenris Field

Mar 27, 2024

Global Energy Group (GEG) has completed the fabrication of two towheads at the Port of Nigg on behalf of Subsea7, for the Aker BP Valhall PWP - Fenris field in the southern North Sea.The two towheads come complete with equipment interface support frames and buoyancy tank interface frames…

PTTEP Hires McDermott for Gas Job Offshore Malaysia

Mar 27, 2024

McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…

First Production Starts at ADNOC’s Belbazem Offshore Block

Mar 27, 2024

Abu Dhabi's national oil firm ADNOC has announced the start of crude oil production from its Belbazem offshore block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petroleum Corporation (CNPC).Located 120 kilometers northwest of Abu Dhabi city…

Ithaca Energy Gets Bid Rights on Eni's UK Assets

Mar 27, 2024

Ithaca Energy has been given a four-week exclusivity period by Italy's Eni to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.Buying those assets, including those of Eni's recently acquired Neptune Energy…

Dolphin Drilling and GHL Reach Win-Win Agreement as Blackford Dolphin Continues Work Off Nigeria

Mar 27, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has reached agreement with General Hydrocarbons Limited (GHL) regarding past due payment amounts, clearing its Blackford Dolphin semi-submersible rig for the remaining work under the drilling contract…

Equinor Contracts Ocean Installer for Gas Field Work Offshore Norway

Mar 27, 2024

Ocean Installer has secured a new Subsea Line Modification (SLM) project award from Equinor on Åsgard A floating storage and offloading vessel (FPSO), located in the central part of the Norwegian Sea.The scope of work on Åsgard A covers recovery of two risers…

Nebula Energy’s AG&P LNG Secures 20-Year LNG Terminal Deal in Indonesia

Mar 26, 2024

AG&P LNG, majority-owned by Nebula Energy, has through its subsidiary PT AGP Indonesia Utama and partners secured a 20-year contract from PLN Energi Primer Indonesia (PLN EPI) for co-development, ownership and operations of LNG import terminals in Sulawesi-Maluku Power Cluster…

Norway Greenlights Aker BP’s Exploration Drilling Campaign

Mar 26, 2024

The Norwegian Offshore Directorate has granted a drilling permit to Aker BP for a wildcat well in the North Sea, which will be drilled using Noble Corporation’s Noble Integrator jack-up rig.The permit is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

Enauta Sells 20% Stake in Atlanta and Oliva Fields in $300M Deal

Mar 26, 2024

Oil and gas company Enauta has signed a purchase and sale agreement with affiliates of Westlawn Americas Offshore (WAO), which will acquire 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, offshore Brazil…

Petronas Books Three Velesto’s Jack-Up Rigs

Mar 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.The contract with Petrobras is for three Velesto’s jack-ups – Naga 2…

Blue Water Gets Yinson’s Contract for Agogo FPSO Modules Transportation

Mar 26, 2024

Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…

Esgian Week 12 Report: New Finds in Guyana, China and Norway

Mar 24, 2024

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…

Woodside Seeks Better Terms to Develop Trinidad's Calypso Gas Project

Mar 24, 2024

Australian oil and gas producer Woodside Energy would like to see improved fiscal terms from the Trinidad and Tobago government before committing to develop a deepwater natural gas project there, CEO Meg O'Neill told Reuters this week.The Caribbean…

Tyra II Production Successfully Restarted

Mar 22, 2024

The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium…

CNOOC Files Arbitration Over Hess Stake in Guyana Oil Block

Mar 22, 2024

Chinese offshore oil and gas major said it had filed an arbitration claim to establish a right over Hess' stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm's sale to Chevron.CNOOC filed the arbitration application on March 15…

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