Italian oil company Eni has offloaded and exported first cargo from the Miamte FPSO, offshore Mexico, following the production start-up in February.The FPSO, supplied by Japan's MODEC, operates at the Miztón, Amoca, and Tecoalli fields in Area 1…
German oil and gas firm Wintershall Dea, one of the five co-funders of Nord Stream 2, on Wednesday said it is writing off its 1 billion euros ($1.11 billion) financing in the gas pipeline that was suspended last week.The management board of…
German steelmaker Salzgitter and Danish offshore wind farm developer Ørsted have entered a strategic 'circularity' partnership to establish closed value chains in their business relationship.Salzgitter said Tuesday the partnership will include the supply of offshore wind power…
U.S. energy firms this week added oil and natural gas rigs for the fifth time in six weeks although growth in the rig count over the past few months has slowed as drillers continue to focus on capital discipline despite firmer oil prices.The oil and gas rig count…
Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…
Oil and gas company Apache Corporation on Wednesday appointed Lamar McKay, former BP upstream chief, to its board of directors.McKay, 62, served as the chief transition officer of BP p.l.c. (BP) from October 2019 until his retirement in December 2020…
Oil major BP has informed that its Argos oil platform, built by Samsung Heavy Industry, has set sail from South Korea and is en route to Texas.The platform, which will be capable of producing up to 140,000 gross barrels of crude oil per day from up to 14 production wells…
BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor…
The Johan Sverdrup, Norway's giant oil field in the North Sea, is expected to increase its daily production capacity up to 535,000 barrels of oil by mid-2021, Equinor, the operator of the field said.The increase is around 100,000 barrels more than the original basis at start-up in October 2019…
Offshore wind developer Ørsted and fertilizer company Yara have entered a joint project aimed at producing ammonia from renewable hydrogen instead of fossil hydrogen in the Netherlands.The two companies say their project had the potential to reduce more than 100…
Oilfield services giant Baker Hughes has received a large order from Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s giant North Field East (NFE) project. The North Field is the world’s single largest non-associated offshore natural gas field…
London-listed oil and gas company Hurricane Energy has announced that Neil Platt, its Chief Operations Officer, passed away on Sunday, July 5.'Hurricane's Board of Directors extends its deepest condolences and sympathies to Neil's family at…
BP-operated Azerbaijan International Operating Co. (AIOC) has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project. Under the contract, ASX-listed oilfield services firm Worley will provide engineering…
ExxonMobil has struck another oil discovery offshore Guyana and has raised its estimate for recoverable resource base in Guyana to more than 8 billion barrels of oil equivalent. This is a 2 billion barrel increase compared to the previous estimate…
Africa-focused oil company VAALCO Energy has appointed William R. Thomas as president to help its M&A ambitions.VAALCO said: 'The Board believes the appointment of an experienced executive, with a commercial background in investment banking and proven track record for M&A-led value creation…
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