Repsol Norge has selected IKM Operations as the provider of integrity management services at three oil and gas fields offshore Norway.The scope of work includes engineering tasks and inspections at Repsol Norge topside facilities and subsea installations and pipelines at the Yme…
Saipem and newcleo have signed a collaboration agreement to identify solutions for the offshore application of newcleo’s technology to produce nuclear energy, which could provide zero-emission electricity for oil and gas installations.The objective…
Canadian oil and gas exploration company Africa Energy has confirmed the extension of deadline for the submission of the Environmental Impact Assessment Report (EIAR) for the Block 11B/12B offshore South Africa, following the exit of three partners from the development announced earlier this year…
Kazakhstan's energy ministry said on Friday it expects a significant reduction in oil production during planned maintenance at its giant Kashagan oilfield in October.The ministry said Kazakhstan reaffirmed its commitment to the OPEC+ agreement…
Saudi oil and gas driller ADES Holding has acquired two premium jack-up drilling rigs from Vantage Drilling, contracted in Southeast Asia, for $190 million.The transaction encompasses the direct asset acquisition of the Topaz jack-up rig, contracted…
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…
Nigeria's oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas (FLNG) plant, to tap flared gas from an ExxonMobil oil field in the Niger Delta.Such plants are springing up on the continent as Africa seeks to tap its gas resources…
Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…
U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin…
Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil.The contract is for approximately 30 days, having started on August 30, 2024.The new contract will…
SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units.Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…
Offshore drilling firm Shelf Drilling has secured new contract awards for two of its jack-up rigs in West Africa.The first contract is for the Shelf Drilling Mentor, covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria…
Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19…
Britain's windfall tax on North Sea oil and gas companies' profits is causing irreversible damage to the industry, EnQuest's CEO said on Thursday, adding his voice to critics of the levy the government is poised to increase.On Thursday, EnQuest reported a profit after taxation of $30…
Australian oil and gas major Santos has signed a mid-term LNG supply contract with Glencore Singapore.The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter…