Flylogix, the operator of next generation unmanned aerial vehicles (UAVs), has secured contracts with several leading oil and gas operators to help tackle the industry’s methane emissions.Worth seven figures accumulatively, the contracts include…
Subsea 7 has secured a contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.The project involves the transportation and installation of subsea equipment at the Aphrodite development, located within Block 5a, at water depths of up to 290 meters…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the Weizhou 5-3 oil field development project in Beibu Gulf Basin in the South China Sea.The main production facility includes one self-installing wellhead platform…
Tullow Oil and its partners have signed a memorandum of understanding (MoU) with the Government of Ghana to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields off the West African country…
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has completed the farm-in agreement in the Orange Basin block, securing the full operatorship and exploration rights offshore South Africa.Eco has now secured…
Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday.The project is expected to produce first gas in 2027 and have a peak production of 18…
BP, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company…
Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…
Azeri state energy company SOCAR will sign new agreements soon for oil and gas exploration in Azerbaijan, including with Exxon Mobil and BP, three sources told Reuters on Monday.The sources, who spoke on condition of anonymity, declined to give further details…
Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan's SOCAR and BP for the Shafaq-Asiman offshore block on the Caspian sea, Turkey's energy minister said on Monday.'Today, we are taking further steps with…
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
TotalEnergies has signed an agreement with Shell for the sale of its non-operated interest in the Bonga field, offshore Nigeria, for $510 million.TotalEnergies, through its subsidiary TotalEnergies EP Nigeria, agreed the sale of its 12.5% interest…
Equinor has extended a partial outage at Norway's Troll natural gas field until May 31 due to a compressor failure, the company said in a regulatory filing on Monday, pushing European gas prices higher.Norway in 2022 overtook Russia as Europe's…
Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector…
The European Commission said on Thursday it had asked 44 oil and gas companies to contribute to the EU's collective target of storing at least 50 million tonnes of CO2 per year by 2030, as part of the bloc's aim to achieve climate neutrality…
