Oil And Gas News


Petronas Books Three Velesto’s Jack-Up Rigs

Mar 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.The contract with Petrobras is for three Velesto’s jack-ups – Naga 2…

Blue Water Gets Yinson’s Contract for Agogo FPSO Modules Transportation

Mar 26, 2024

Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…

Esgian Week 12 Report: New Finds in Guyana, China and Norway

Mar 24, 2024

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…

Woodside Seeks Better Terms to Develop Trinidad's Calypso Gas Project

Mar 24, 2024

Australian oil and gas producer Woodside Energy would like to see improved fiscal terms from the Trinidad and Tobago government before committing to develop a deepwater natural gas project there, CEO Meg O'Neill told Reuters this week.The Caribbean…

Tyra II Production Successfully Restarted

Mar 22, 2024

The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium…

CNOOC Files Arbitration Over Hess Stake in Guyana Oil Block

Mar 22, 2024

Chinese offshore oil and gas major said it had filed an arbitration claim to establish a right over Hess' stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm's sale to Chevron.CNOOC filed the arbitration application on March 15…

Perenco Confirms Five Dead at Platform Incident Offshore Gabon

Mar 21, 2024

UK oil and gas company Perenco has confirmed five fatalities from the fire incident on its Perenco Becuna platform offshore Gabon, with one person still missing.The incident took place on March 20, 2024 at approximately 15.25 (Gabon time). The…

Norwegian Court Pauses Ban for Two Aker BP-Operated Oil and Gas Fields

Mar 21, 2024

A Norwegian appeals court put on hold an injunction that could have halted the development of two oilfields operated by Aker BP, environmental group Greenpeace said on Thursday, in a win for the government and energy companies.In January, the…

Two Injured, Five Missing as Fire Breaks Out at Perenco’s Platform Offshore Gabon

Mar 21, 2024

Oil and gas company Perenco has reported an incident involving fire on its Perenco Becuna platform offshore Gabon.The incident took place on March 20, 2024 at approximately 15.25 (Gabon time).Initial reports indicate two persons have been injured and five are currently missing…

Optime Subsea to Deliver Two ROCS for Deepest Gas Field Offshore Norway

Mar 21, 2024

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development in the Norwegian Sea.Optime Subsea will manufacture the two ROCS systems at the company’s headquarter in Notodden…

Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management

Mar 21, 2024

Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The…

ASCO Secures Over $25M in BP, TotalEnergies and Centrica Contracts

Mar 21, 2024

Scotland-based logistics and materials management company ASCO has secured a string of contract extensions with long-standing clients BP, TotalEnergies, and Centrica Energy Storage worth over $25.4 million.The renewed contracts will each last up to three years…

Equinor, DNO Wrap Up Appraisal of Two Wells in Heisenberg Discovery

Mar 21, 2024

Norwegian oil and gas companies Equinor and DNO have completed appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery, which is now estimated to hold recoverable volumes in the range of 24 to 56 million barrels of oil equivalent (MMboe)…

Petrobras Exec Says Gas Export Possible from Colombia Project

Mar 20, 2024

A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday…

Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

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