Oil And Gas News


TotalEnergies Extends DeepSea Mira’s Stay in West Africa

Aug 09, 2024

Offshore drilling rig owner Northern Ocean has secured a contract extension with TotalEnergies for DeepSea Mira semi-submersible rig for continued work in West Africa.The firm term of the contract is extended from October 2024 for one well and provides one additional well option…

Chevron’s Gorgon Gas Development Backfill Fields Proposal Up for Public Input

Aug 09, 2024

Chevron’s Gorgon gas development backfill fields offshore project proposal, which includes the tie-up of seven backfill fields to the existing subsea infrastructure offshore Australia, has been made available for public comment.Chevron proposes…

Norway Greenlights Equinor’s Drilling Ops in North Sea

Aug 09, 2024

The Norwegian Offshore Directorate (NOD) has granted Equinor a permit to drill a wildcat well in the North Sea, using Odfjell Drilling’s Deepsea Atlantic rig.The drilling permit is for wellbore 35/11-30 S in production license 090, which is operated by Equinor with 45% working interest…

AI Tools Lift ADNOC's SARB Field Production Capacity for 25%

Aug 08, 2024

Abu Dhabi National Oil Company (ADNOC) has started Artificial Intelligence (AI)-enabled digital operations at its offshore Satah Al Razboot (SARB) field, achieving 25% increase in production capacity with the help of advanced digital technologies…

Harbour Energy Shrinks Full-Year Production Outlook

Aug 08, 2024

Harbour Energy, the largest British North Sea oil and gas producer, reported a net profit for the first half of the year from a year-earlier loss and narrowed its full-year 2024 total production outlook on Thursday.Following a spike in energy prices in 2022…

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…

CNOOC’s Deepwater Field Boasts Over 100 bcm Proven Gas Reserves

Aug 07, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has announced its deepwater Lingshui 36-1 gas field in the South China Sea boasts proven reserves of more than 100 billion cubic meters (bcm).CNOOC said the…

ConocoPhillips Hires Raptor Data for P&A Verification and Validation

Aug 07, 2024

Scottish company Raptor Data has secured a contract from ConocoPhillips to manufacture and deploy a fleet of tools for the verification of plug and abandonment (P&A) operations, based on its acoustic telemetry technology, Pathfinder.The global contract will start with initial deployment in Norway…

Saipem Upgrades UPS’ Pipeline Tech for Offshore and Subsea Use

Aug 06, 2024

Italian offshore energy services firm Saipem has secured DNV’s Statement of Qualified Technology for pipeline technology developed by United Pipeline Systems, which was upgraded for offshore and subsea use.The technology was initially developed…

Aramco's Second-Quarter Profit Slips 3% on Lower Crude Output

Aug 06, 2024

Oil giant Saudi Aramco on Tuesday reported a 3.4% fall in second-quarter profit on lower crude volumes and softer refining margins.Aramco posted second-quarter net income of 109.01 billion riyals ($29.03 billion) in the three months to June 30…

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Aug 06, 2024

Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with Osaka Gas for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) from the Ruwais LNG project.The LNG will primarily…

Aker BP Hires Oceaneering for IMR Support Services Off Norway

Aug 06, 2024

U.S.-based subsea services and technology firm Oceaneering International has secured an Inspection, Maintenance, and Repair (IMR) support services contract with Aker BP for work on the Norwegian Continental Shelf.The initial contract duration is for three years with two…

BP and Golar LNG Settle Cash Disputes for FLNG Gimi

Aug 06, 2024

BP and Golar LNG have reached a commercial reset agreement for the floating liquefied natural gas (FLNG) vessel Gimi, a core component of BP’s the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.The Gimi FLNG vessel art of the GTA Phase 1 development…

ABS to Support Al Shaheen Field Development

Aug 05, 2024

Genesis North America (GNA), as a major subcontractor of Offshore Oil Engineering Co., (COOEC), has engaged ABS to support RUYA Project, a production capacity improvement plan for the Al Shaheen field in Qatar operated by North Oil Company (NOC)…

Petrobras Confirms Gas Discovery Offshore Colombia

Aug 05, 2024

Petrobras has achieved the main objective of the Uchuva-2 well, confirming the extent of the gas discovery made in the Tayrona block, located offshore Colombia’s Caribbean coast.The achievement confirms the gas discovery made in 2022 with the drilling of the Uchuva-1 well…

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