Oil And Gas News


Ramco Hooks Long-Term Pipe Servicing Contract with Equinor

5 hours ago

Ramco Norway, specialists in the preparation, inspection, surface treatment, and preservation of OCTG (oil country tubular goods), has secured a long-term contract with Equinor, set to bring in $11.2 million (NOK 120 million) annually for the company…

Senegal President Says Oil Contracts Will be Renegotiated

5 hours ago

Senegalese President Bassirou Diomaye Faye said on Saturday the West African country planned to renegotiate its oil contracts, saying it could have negotiated better on the contracts.Faye, who defeated the ruling coalition candidate in a landslide election victory in March…

Saipem Secures $500M Offshore Job in Saudi Arabia

8 hours ago

Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.Saipem’s scope of work under the first project involves the engineering…

Esgian Week 28 Report: Rig Activity Robust

Jul 14, 2024

Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea…

Shell's Bet on Gas Boom Takes Shape with String of Deals

Jul 12, 2024

Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.The new projects…

FPSO Newbuild for Petrobras’ Búzios Field Taking Shape in China

Jul 12, 2024

China’s state-owned ZPMC Qidong Marine Engineering has launched the bow section of the P-82 floating production storage and offloading (FPSO) unit, being built by Seatrium for Petrobras’ Búzios field offshore Brazil.The bow section of the N1151 (P-82) FPSO…

Petrogas E&P Starts Producing Gas from North Sea Platform

Jul 12, 2024

Petrogas E&P Netherlands, part of Oman-based Petrogas E&P, has achieved first gas production from the field in the Dutch North Sea.Petrogas E&P Netherlands, along with its partners EBN, Rockrose and TAQA Offshore, started producing gas from the first well on the B10 platform on July 6…

Saipem Hooks BP’s Job in Caspain Sea Off Azerbaijan

Jul 12, 2024

Italian offshore energy services firm Saipem has signed a framework agreement with BP for the delivery subsea services at the Shah Deniz and Azeri-Chirag-Gunashli fields, offshore Azerbaijan.The contract with BP was signed by Saipem, in consortium with BOS Shelf and BOS Shelf International FZCO…

US Sued Over Delayed Offshore Decommissioning

Jul 11, 2024

An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by ageing offshore oil and gas infrastructure, citing the risks delayed decommissioning poses to people and the environment.The Center for Biological Diversity filed the lawsuit against the U…

CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

Jul 11, 2024

CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras…

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Jul 11, 2024

Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…

Equinor Gets Clearance for Exploration Ops in Norwegian Sea

Jul 11, 2024

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea with Odfjell Drilling’s Deepsea Atlantic rig.The permit has been issued for wellbore 6610/7-3 in production license 1014, with the entry date set for October 2024…

Eni Hires ABL for Congo Floating LNG Transportation and Installation Verification

Jul 11, 2024

Energy and marine consultancy ABL has been appointed by Eni to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) campaign for Phase 2 of the Marine XII Congo LNG development project.Phase 2 of the project envisages the fabrication…

Lower Than Average Production at PNGF Sud Off Congo Brings Workover Team to Field

Jul 11, 2024

Oil and gas company PetroNor E&P has marked lower than average production at Perenco-operated PNGF Sud field offshore Congo in the second quarter of the year, disclosing also that an additional workover team will be employed at the field to bring it up to speed…

Current News

OPT to Deliver AI-Ready Wave Energy PowerBuoy to Middle East

Ramco Hooks Long-Term Pipe Servicing Contract with Equinor

Senegal President Says Oil Contracts Will be Renegotiated

Egypt Considering Adding New Regasification Vessel in Ain Sokhna

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