Norwegian natural gas exports hit a record high of 128.4 billion crowns ($13.26 billion) in July as prices and demand in Europe surged amid the disruption of Russian supplies, official data showed on Monday.Natural gas revenues were four times higher than for July last year…
Brazilian oil company Petrobras said Monday it had ordered an FPSO from Keppel Shipyard, for deployment at the Búzios offshore oil field in Brazil.The FPSO, named P-80 will be the ninth unit to be installed in the field, and, according to Petrobras…
Oil major Shell has made a gas discovery in ultra-deep waters in the southern Colombian Caribbean, its partner, Colombia-based oil company Ecopetrol, said.The Gorgon-2 well is located 70 kilometers off the coast and was drilled at a water depth of around 2…
At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned producer Saudi Aramco.He was not joking…
Norwegian oil company Aker BP has made an oil and gas discovery 14 km northeast of the Skarv field in the Norwegian Sea and 220 kilometers west of Sandnessjøen, Norway.The wildcat well 6507/3-15 encountered an oil and gas column totaling about 115 meters in the Fangst and Båt groups…
The Norwegian Petroleum Directorate has granted a drilling permit to the Polish oil company PGNiG to drill an exploration well in the production license 1017, in the Norwegian Sea.PGNiG will use the CIMC Raffles-owned, Odfjell Drilling-managed…
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins.Aramco joins oil majors such as Exxon Mobil Corp and BP that have reported…
Russia's Gazprom has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday.European Union member Hungary has maintained what it calls pragmatic relations with Moscow since Russia's invasion of Ukraine…
Beach Energy Ltd is shoring up its war chest for acquisitions in Australia and New Zealand, Chief Executive Officer Morne Engelbrecht said on Monday, after reporting a weaker-than-expected annual profit and production outlook.Shares in gas and oil producer Beach…
A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some of the halted production.A failed flange connecting…
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…
Nigeria's state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could produce up to 10 billion barrels over the next 20 years…
Crews were expected to replace a damaged oil pipeline piece by the end of the day on Friday, a Louisiana port official said, allowing for the resumption of production at seven offshore U.S. Gulf of Mexico oil platforms.A failed flange connecting…
Malaysian offshore services company Sapura Energy has completed the sale of its pipe-laying and crane vessel Sapura 3000 for $71.5 million to Safeen Feeder Company – Sole Proprietorship LLC, a company in the Abu Dhabi Ports Group of Companies…
Abu Dhabi National Oil Company (ADNOC) on Thursday awarded a $1.17 billion (AED4.3 billion) contract to ADNOC Logistics & Services (ADNOC L&S) for the hire of 13 self-propelled jack-up barges.ADNOC said the jack-ups would help it drive offshore…
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