Oil And Gas News


TotalEnergies to Start Exploration Drilling Off Suriname from May

Jan 09, 2025

TotalEnergies will start drilling an exploration well on Suriname's Block 64, the company's country manager Artur Nunes da Silva said on Wednesday, adding final costs and further well operations were still being organized.Suriname is working to build its offshore oil and gas industry…

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Jan 09, 2025

Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan…

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

Jan 09, 2025

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp ONGC on Thursday.ONGC named…

Kongsberg Discovery Acquires Naxys Technologies

Jan 08, 2025

Kongsberg Discovery has reached agreement to acquire Naxys Technologies, a Bergen-based subsea company that specializes in technology for recognizing the sound of oil and gas leaks.Martin Wien Fjell, CEO of Kongsberg Discovery, points to the…

Shell Hires SLB for Deepwater Drilling Support Across Multi-Region Assets

Jan 08, 2025

Global energy technology company SLB has secured a series of major drilling contracts by Shell to support capital-efficient energy development across its deep and ultra-deepwater assets in the U.K. North Sea, Trinidad and Tobago, Gulf of Mexico and others…

DeepOcean Adds High-Spec Subsea Vessel to Its Fleet

Jan 08, 2025

Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions…

KCA Deutag Lands $16M Drilling Services Extensions in North Sea

Jan 08, 2025

Oil and gas drilling services company KCA Deutag has secured contract extensions for its drilling services in the U.K. North Sea, worth $16 million.KCA Deutag said its offshore business pocketed multi-million-dollar contract extensions in the U…

Norway Greenlights DNO’s North Sea Drilling Campaign

Jan 08, 2025

DNO Norge has secured a permit from the Norwegian Offshore Directorate (NOD) to drill an exploration well in the North Sea.DNO Norge, and its partners Aker BP, Japex Norge, and Concedo, will use Odfjell Drilling’s Deepsea Yantai semi-submersible…

Aker BP Set for Drilling Ops in Norwegian Sea

Jan 08, 2025

The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/2-8 in production license 94, which is operated by Aker BP with 30% working interest, along…

US Operator Finds Oil Offshore Vietnam

Jan 08, 2025

U.S. oil firm Murphy Oil Corporation has made an oil discovery at the Hai Su Vang-1X exploration well in the Cuu Long Basin, offshore Vietnam.Murphy Oil’s subsidiary Murphy Cuu Long Tay Oil drilled the well at Block 15-2/17, located 40 miles offshore…

Galp’s CEO Filipe Silva Steps Down

Jan 08, 2025

Portuguese oil company Galp has informed its Chief Executive Officer (CEO) Filipe Silva resigned from the position, following alleged relationship probe.The CEO, who also held the position of Vice-President of the Board of Directors at Gulp…

ExxonMobil Braces for Lower Quarterly Earnings Statement

Jan 08, 2025

Exxon Mobil signaled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its fourth-quarter earnings by about $1.75 billion from the prior quarter.The oil major also said in an SEC filing that…

Shell Trims LNG Production Outlook Ahead of Weaker Q4 Financial Report

Jan 08, 2025

Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.In a trading update ahead of Jan. 30 full-year results…

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Jan 08, 2025

India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.BP has promised an…

Trump Says He Will Revoke Offshore Drilling Ban Immediately

Jan 07, 2025

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.'Banning offshore drilling will not stand. I will reverse it immediately…

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