Latest News - page 314


Perenco Marks First Exploration Success Offshore Congo in Three Decades

May 21, 2024

Muanda International Oil Company (MIOC), Perenco’s Democratic Republic of the Congo (DRC) subsidiary, has drilled two exploration wells to date in 2024, making the first exploration discovery offshore the country in almost thirty years.Using…

BW Energy Strikes Oil in Northern Flank of Gabon’s Hibiscus Field

May 21, 2024

BW Energy has made a ‘substantial’ oil discovery with good reservoir quality in the DHIBM-7P pilot well drilled to appraise the northern flank of the Hibiscus field, offshore Gabon.BW Energy said it plans to complete the well as a production well later in 2024…

TotalEnergies Makes FID for Kaminho Deepwater Project Offshore Angola

May 21, 2024

TotalEnergies, along with its partners Petronas and Sonangol, has made a Final Investment Decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.Located 100 km off the coast of Angola in 1,700 m water-depth…

Lula's Ambitions for Petrobras Hemmed in by New Rules

May 20, 2024

Brazilian President Luiz Inacio Lula da Silva may soon discover that swapping the CEO of Petrobras PETR4.SA is not enough to turn the state-run oil company into the engine for job creation and development it was during his first 2002-2010 terms…

Outlook ‘Surprisingly Positive’ for US Offshore Wind

May 20, 2024

It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern…

LR Helps Offshore Operators Navigate Tough Technical Hurdles

May 20, 2024

Whether it is traditional oil and gas or emerging offshore wind, Lloyd’s Register serves as a central hub for technical expertise no matter the challenge, from decarbonization to helping to make offshore operations more safe and efficient.

Expro Wraps Up Five-Well Subsea Job in Australia

May 20, 2024

U.S.-based oilfield services provider Expro has completed a five-well subsea job in Australia, marking also a milestone in using its SeaCure cementing technology.Expro completed the 100th SeaCure as part of a project in Australia consisting of a five-well subsea batch campaign…

US Drillers Add Oil and Gas Rigs for First Time in Four Weeks

May 20, 2024

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by one to 604 in the week to May 17…

North Sea Energy Firms Look Beyond UK After Tax Squeeze

May 20, 2024

North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election.The change of strategy could accelerate the decline of domestic production…

Sapura Ônix Heads to Atlanta Field to Install Subsea Equipment

May 20, 2024

The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company…

Prysmian Cements Partnership with Port of Middlesbrough with New Long-Term Deal

May 20, 2024

AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore…

Gulfstream LNG Projects Receives FERC Approval to Start Pre-Filling Process

May 20, 2024

Gulfstream LNG Development (Gulfstream LNG), a greenfield liquefied natural gas (LNG) export project under development in Louisiana, has received the U.S. Federal Energy Regulatory Commission (FERC) approval to start the pre-filing permitting process…

Serica Energy Gets Go-Ahead to Develop Belinda Field

May 20, 2024

UK-based oil firm Serica Energy has received final approval from the North Sea Transition Authority (NSTA) to develop its fully owned and operated Belinda field in the North Sea.The field will be tied back to the Triton FPSO following the drilling…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Women in Maritime Day: Shaping the Future of Maritime Safety

May 17, 2024

This year’s International Day for Women in Maritime focuses on the crucial role of women in ensuring maritime safety worldwide, while highlighting the changing attitudes towards gender in the industry.Observed globally on May 18 every year,…

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