Oil And Gas News


US Pipeline Operator Signs 20-Year LNG Agreement with Chevron

Dec 20, 2024

U.S. pipeline operator Energy Transfer said on Thursday its unit has entered a 20-year LNG sale and purchase agreement with oil and gas major Chevron.Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum…

Aker Solutions Inks Maintenance Services Deal with Var Energi for Norwegian Assets

Dec 20, 2024

Aker Solutions has signed a sizeable contract to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).The five-year agreement includes…

ExxonMobil Concludes $535M Liza Destiny FPSO Buy from SBM Offshore

Dec 20, 2024

SBM Offshore and ExxonMobil Guyana, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of floating, production, storage and offloading (FPSO) Liza Destiny, deployed at Stabroek Block, offshore Guyana…

Full Ramp Up of Tyra II Gas Development Hits Another Delay

Dec 19, 2024

BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the full ramp-up of the Denmark’s largest offshore gas development has been pushed for three weeks, with the plateu production now expected in the second half of January 2025…

Brava Energia to Sell Potiguar Basin’s Gas Infrastructure to PetroReconcavo

Dec 19, 2024

Brazil's Brava Energia has signed an agreement with PetroReconcavo to sell 50% of its natural gas processing infrastructure in the Potiguar basin for $65 million.As part of the partnership agreement with Brava Energia, PetroReconcavo will buy…

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

US Firm to Supply Subsea Equipment for West Africa Oil and Gas Project

Dec 19, 2024

Houston-based subsea equipment and services specialist Koil Energy has secured a contract to supply electrical and hydraulic distribution manifolds for a project in West Africa with an undisclosed oil and gas company.The manifolds will play…

ABS Approves Hanwha Ocean’s FPSO Design

Dec 19, 2024

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…

Noble Secures Work in Ghana and Gulf of Mexico for Its Drillship Pair

Dec 19, 2024

Offshore drilling contractor Noble Corporation has secured work for its Noble Venturer drillship, set for operations offshore Ghana, and Noble Globetrotter I drillship, which will be deployed in the Gulf of Mexico.The contract for Noble Venturer is with Tullow Ghana…

Aker BP Gets Green Light for Drilling Ops in Norwegian Sea

Dec 19, 2024

The Norwegian Offshore Directorate has granted Aker BP two drilling permits for wildcat wells in the Norwegian Sea.The permits are for wellbore 6306/6-3 S in production license 886, and 6507/5-13 S in production license 212.Aker BP operates the license 886…

Allseas Set to Embark on Australia’s Largest Ever Decom Job

Dec 19, 2024

Esso Australia, a subsidiary of ExxonMobil Australia, has hired Allseas for the removal of up to 12 retired oil and gas platforms from the Gippsland Basin in the Bass Strait, with a combined weight of approximately 60,000 tonnes.Allseas’ removal…

Shelf Drilling Permanently Retires Jack-Up Rig

Dec 19, 2024

Offshore drilling contractor Shelf Drilling has entered into agreement to sell its Main Pass I jack-up rig for $11 million and retire it from drilling operations.Shelf Drilling said the Main Pass I rig will be permanently retired from drilling operations…

Saipem Scoops $900M for Work with Shell Off Nigeria

Dec 19, 2024

Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…

OKEA and DNO Exchange Stakes in Mistral and Horatio Prospects Off Norway

Dec 19, 2024

Norwegian oil and gas companies DNO and OKEA have entered into swap agreement to exchange 10% interests in production licenses that contain Mistral and Horatio prospects.As part of the agreement, DNO Norge will pick up 10% interest in PL1119 containing the Mistral prospect…

Woodside and Chevron Swap Australian Oil and Gas and CCS Assets

Dec 19, 2024

Woodside and Chevron have agreed an asset swap in Australia to streamline their portfolios of oil and gas, liquefied natural gas (LNG), and carbon capture and storage (CCS) projects.Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project…

Current News

Petrobras Strike Extends to Offshore Oil Platforms in Campos Basin

US Government Debates Reconsidering Approval of Virginia Offshore Wind Project

Canada’s $4B Floating LNG Scheme Secures 12-Year Export Deal

Iberdrola Applies Spanish Coating Tech for German Offshore Wind Farm

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