U.S.-based liquefied natural gas (LNG) export infrastructure development company Delfin Midstream has secured key permits and approvals for the construction of LNG projects, under development in Louisiana and offshore in the Gulf of America…
Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks.The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026…
British oil and gas producer BP said on Friday that reported upstream production in the first quarter is expected to be lower compared to the previous quarter.BP expects earnings in its oil production and operations segment to be broadly flat from the previous quarter…
U.S. offshore drilling contractor Noble Corporation has secured a contract extension with Petrobras for its Noble Discoverer semis-submersible rig offshore Colombia.Petrobras Colombia has exercised, extending the contract for Noble Discoverer rig for an additional 390 days…
Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter.Two of the sources…
Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.Petrobras has already collected data…
Well engineering consultancy and project management firm Zenith Energy has delivered the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) at its Wolin concession in the Baltic Sea, offshore Poland.Zenith Energy was hired to provide full well management…
Denmark’s largest offshore gas development, the Tyra hub in the North Sea, has been restarted with full technical capacity achieved on the facilities, following the completion of repairs which impacted the production.BlueNord, the partner in…
Pakistan's Oil and Gas Development Company Limited (OGDC) expects to start production in Abu Dhabi's Offshore Block-5 by 2027, while also increasing domestic oil and gas output and diversifying into minerals, its CEO said on Wednesday.OGDCL…
Vietnam's state oil firm Petrovietnam and Malaysia's Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday…
Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract for maintenance, construction, and modification services for offshore facilities in Malaysia, worth $8.9 million…
UK’s first CO2 injection test for the Poseidon carbon capture and storage (CCS) project, which will store CO2 at Perenco-operated Leman gas field in Southern North Sea, has been completed.The test involved the injection of CO2 into a depleted natural gas reservoir in the UK’s Southern North Sea…
SBM Offshore has signed a non-recourse sale and leaseback financing agreement for Cidade de Paraty floating, production storage and offloading (FPSO) unit, for the total amount of $400 million and with a tenor of eight years.The transaction is expected to be completed before the end of April 2025…
Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 million cubic feet of natural gas per day.Mellitah…
Mozambique on Tuesday approved the development plan for Eni's second floating liquefied natural gas platform, Coral Norte, paving the way for a final investment decision.According to a government statement, the plan will see the production of 3…