Oil And Gas News


FourPhase Nets Shell Contract for its Caribbean Oil and Gas Platforms

Jun 12, 2025

FourPhase, a solids and production performance specialist for the oil and gas industry, has secured a master service agreement (MSA) with Shell Trinidad and Tobago, for work on its topside offshore oil and gas platforms in the Caribbean.The MSA involves sand management and production optimization…

JERA Agrees New US LNG Supply Deals

Jun 12, 2025

JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U…

First Crude from ONE Guyana FPSO Set for Export in August-September

Jun 12, 2025

The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the government told Reuters on Tuesday.A consortium by U…

Equinor Gets Green Light for Drilling Job in Barents Sea

Jun 12, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for wellbore 7117/4-1 in production license 1238.The license is operated by Equinor with 40% working interest…

Equinor Selects Baker Hughes for P&A Ops at Oseberg East Field

Jun 11, 2025

Baker Hughes, an energy technology company, has secured a contract from Equinor to provide its plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf.Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase…

North Sea Operator Picks OEG for Offshore Helifuel Services

Jun 11, 2025

Energy solutions business OEG has secured a multi-year helifuel services contract with a major U.K. operator.Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis…

Fugro Expands Geotechnical Testing Capabilities in Indonesia

Jun 11, 2025

Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…

Norwegian Firms Form Subsea Distribution Alliance

Jun 11, 2025

Norwegian firms HTS Dynamics, Connector Subsea Solutions, and TESS Subsea have launched the Subsea Distribution Alliance, targeting complete control and unmatched performance across the entire subsea distribution value chain.The Subsea Distribution…

OMV Petrom, NewMed Energy to Drill Another Exploration Well in Bulgaria’s Black Sea

Jun 11, 2025

OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1…

EIA: US Natural Gas Output to Reach Record Levels in 2025

Jun 11, 2025

U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105…

Repsol Hires Halliburton for Well Lifecycle Optimization of North Sea Assets

Jun 10, 2025

Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…

Aquaterra Energy to Deliver Well Services Work for North Sea CCS Project

Jun 10, 2025

Offshore engineering solutions provider Aquaterra Energy has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.The project, which will initially…

Tyra II: Completion Test Successfully Met

Jun 10, 2025

BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the completion test at the Tyra II gas project in the North Sea has been successfully met.Based on demonstrated achieved production, and oil production above expectations…

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

Jun 10, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has secured two-year extension of the exploration period for two blocks located in moderate to deep waters offshore Vietnam.The approval has been received…

North Sea O&G Operators Opt for Flylogix Drones to Tackle Methane Emissions

Jun 10, 2025

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…

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