Condensate News


Norwegian Authorities Clear Shelf Drilling’s Jack-Up for Work with Equinor

Oct 24, 2024

Norwegian Ocean Industry Authority (Havtil) has issued the Acknowledgement of Compliance (AoC) for the Shelf Drilling Barsk jack-up rig, which can now proceed to start operations with Equinor on the Sleipner Vest field, off Norway.Earlier in 2024…

Norway Misses September Gas Output Mark

Oct 21, 2024

Norway's combined petroleum utput lagged an official forecast by 1.7% in September as gas production was lower than expected, the Norwegian Offshore Directorate (NOD) said on Monday.Norway is Europe's largest supplier of natural gas and a major producer of oil…

Santos Optimistic About 2024 Output

Oct 16, 2024

Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to…

Santos Secures $800M Loan for Darwin LNG Life Extension Ops

Oct 14, 2024

Australian oil and gas major Santos has secured an $800 million loan to finance the life extension works on of the Darwin LNG project in Australia.Darwin LNG has processed LNG for sale into overseas markets since it was commissioned in 2006…

Onshore Equipment Repair Progressing Well as Tyra II Ramp Up Remains On Track

Sep 30, 2024

BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the onshore repair of the second transformer for Tyra II is progressing well, with full technical capacity of Denmark’s largest offshore…

CNOOC Starts Production from Deepwater Gas Project in South China Sea

Sep 27, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Sep 16, 2024

Italian offshore energy services firm Saipem has secured $4 billion engineering, procurement, and construction (EPC) contract from QatarEnergy LNG for work at a project aimed at sustaining the production of the North Field natural gas reservoir offshore Qatar…

Equinor and Partners Make Gas Discovery in Norwegian Sea

Sep 10, 2024

Equinor and its partners have proven gas/condensate in a well in the Norwegian Sea, drilled in connection with the Lavrans discovery, which is currently undergoing development.The well 6406/2-L-2 H, located 260 kilometres southwest of Brønnøysund…

Floating Offshore Wind Pilot Project will Provide Power to Gas Platform

Aug 29, 2024

TotalEnergies has launched a pilot project consisting of a floating wind turbine to supply renewable power to the Culzean offshore platform in the UK North Sea.Culzean is a high-pressure, high-temperature gas condensate field located in Block 22/25a in the East Central Graben area…

Indonesia Green Lights Eni Gas Projects

Aug 23, 2024

Indonesia has approved a development plan for the first phase of the Geng North gas field operated by Italy's Eni in the Makassar Strait, the upstream oil and gas regulator SKK Migas said in a statement on Friday.The approval also covered the development of the nearby Gehem field…

BP and Golar LNG Settle Cash Disputes for FLNG Gimi

Aug 06, 2024

BP and Golar LNG have reached a commercial reset agreement for the floating liquefied natural gas (FLNG) vessel Gimi, a core component of BP’s the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.The Gimi FLNG vessel art of the GTA Phase 1 development…

ExxonMobil to Transfer Operations of Two Malaysian PSC Assets to Petronas

Jul 22, 2024

Exxon Mobil intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, Exxon Mobil said on Saturday.Reuters had reported on Friday that Exxon Mobil had agreed to sell its Malaysian oil and gas assets to Petronas…

India’s ONGC Buys Stake in Caspian Sea Oil Assets from Equinor for $60M

Jul 19, 2024

India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…

ExxonMobil Selling Malaysia Oil and Gas Assets to Petronas

Jul 19, 2024

Exxon Mobil has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where it used to be a dominant producer, two sources with direct knowledge of the matter said.The U.S. major…

CNOOC’s Ultra-Deep Well in Bohai Bay Outperforms Target

Jul 16, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has informed that its first ultra-deep well in Bohai Bay achieved ‘high yield’, outperforming the targets set earlier.The Bozhong 19-6 condensate gas field D1 well, said to be…

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