French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore Namibia.On February 3, 2025, the semi-submersible drilling rig Deepsea Mira spud the Marula-1X exploration well within the southern part of Block 2913B…
Scana-owned Subseatec has signed a frame agreement with an international company within subsea technology to act as its exclusive global supplier of steel parts for subsea production systems.The frame agreement will begin in the first quarter of 2025 and extend for a period of three years…
ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower crude prices, and expects 2025 to be a peak spending year for its long-term projects.The company expects capital expenditure in 2025 to be $12…
British Prime Minister Keir Starmer indicated he would not stand in the way of the Rosebank oil and gas field, after a court blocked it, sending the decision to the government which had pledged not to issue any new licences.Starmer's government…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…
Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.The most populous Arab country last year returned to being a net importer of natural gas…
The Engineering Construction Industry Training Board (ECITB) workforce report has highlighted hiring challenges for offshore oil and gas employers in the U.K, as the average age in the offshore engineering construction industry (ECI) starts falling behind wider industry…
Energy technology company Baker Hughes has launched its new all-electric subsea production system, the industry’s first fully electric topside-to-downhole solution for offshore operations.The modular system allows for existing tree designs to be seamlessly updated for electric operations…
CFE Engineers Asia, a subsidiary of provider of rigging and mooring equipment solutions Franklin Offshore, has completed the fabrication and load-out of 12 suction piles for Chevron’s $4 billion Jansz-lo compression project offshore Western Australia…
Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea offshore Norway.The drilling was carried out north of the Gjøa field at the wildcat well 35/6-5 S, located in production license 1110, which was part of the awards in predefined areas (APA) 2020…
Oil major BP has made a new oil and gas discovery in Egypt's King Mariout Block in the Mediterranean Sea, Egypt's Prime Minister Mostafa Madbouly said on Wednesday in a televised press conference.Further details about the discovery will be announced soon…
South Korea's hopes for a major oil and gas project off its east coast may not be economically feasible, according to initial drilling results, energy ministry officials said on Thursday.Recent drilling showed some signs of gas prospects but the amount was not believed to be meaningful…
McDermott has completed transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in the first quarter of 2024.The project, executed by the company's Kuala Lumpur (KL) based team…
The liquefaction of natural gas onboard the Tango floating liquefied natural gas (FLNG) unit at Eni’s Congo LNG project has exceeded the guaranteed levels.Following the monitoring of the liquefaction of natural gas onboard the Tango FLNG, the…
Norway's Equinor has resumed output at its giant Johan Sverdrup oilfield in the North Sea following a power outage and is working to reach full production, a company spokesperson said on Wednesday.Equinor on Tuesday halted all output from Sverdrup…