Oil And Gas News


Lower Than Average Production at PNGF Sud Off Congo Brings Workover Team to Field

Jul 11, 2024

Oil and gas company PetroNor E&P has marked lower than average production at Perenco-operated PNGF Sud field offshore Congo in the second quarter of the year, disclosing also that an additional workover team will be employed at the field to bring it up to speed…

Production Start from FPSO Atlanta Up for Potential Delays

Jul 11, 2024

Oil and gas company Enauta has completed the anchoring of the floating production storage and offloading (FPSO) unit Atlanta at a field in Santos Basin, offshore Brazil. However, the production start from the unit might face delays due to announced…

Shell, BP, Mitsui, TotalEnergies Each Take 10% Share of ADNOC’s Ruwais LNG Scheme

Jul 10, 2024

Shell, BP, Mitsui and TotalEnergies have agreed to each take a 10% participating interest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in the United Arab Emirates.The Ruwais LNG project will consist of two 4…

BP Energy Outlook: Both Main Scenarios See 2025 Oil Peak, Rapid Renewables Growth

Jul 10, 2024

BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday.Carbon emissions…

Greek Firm to Supply Steel Pipes for Woodside’s Trion Deepwater Field

Jul 10, 2024

Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply  approximately 118 kilometers of High Frequency Welded (HFW) steel pipes.The Trion field is located…

Vallourec Gets TotalEnergies’ Contract for Kaminho Deepwater Project

Jul 10, 2024

France-based tubular solutions supplier Vallourec has secured a contract from TotalEnergies to supply almost 5,000 tonnes of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola…

Wellesley Petroleum Strikes Oil in North Sea

Jul 10, 2024

Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea…

Shell Greenlights Manate Gas Field Development Off Trinidad and Tobago

Jul 09, 2024

Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…

Shell Joins Chase for 'Big Prize' Off South Africa's West Coast

Jul 09, 2024

Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report from independent environmental consultancy SLR showed on Tuesday.The oil major plans to drill exploration…

BP Shares Dip After Warning Weak Refining Will Hit Q2 Profits

Jul 09, 2024

Weak refining margins and lower oil trading results will dent BP's second-quarter profit by up to $700 million, the company said on Tuesday, sending its shares down by over 3%.The warning, which led several analysts to lower their earnings estimates…

Energy Trader MET Group Signs 10-year US LNG supply Deal with Shell

Jul 09, 2024

Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…

First Gas Starts Flowing at SapuraOMV’s Jerun Platform Off Malaysia

Jul 09, 2024

Oil and gas company SapuraOMV has started gas production from its Jerun field, offshore Sarawak in Malaysia.Jerun gas field, part of SK408 production sharing contract (PSC), was discovered in 2015 and the development project reached its final investment decision (FID) in March 2021…

Wood Secures Engineering Work on Shell’s Prelude FLNG Unit

Jul 09, 2024

Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…

Eni Finds Oil Offshore Mexico

Jul 09, 2024

Italian energy giant Eni has made a new oil and gas discovery in an exploration well in Block 9 in the Sureste Basin, offshore Mexico.The discovery was made on the Yopaat-1 EXP exploration well, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina…

Prosafe’s Safe Caledonia Flotel Set for Check-In at North Sea

Jul 08, 2024

Offshore accommodation rig provider Prosafe has received a letter of intent (LoI) from Ithaca Energy for the charter of its Safe Caledonia offshore accommodation rig for work at the Captain field in the UK sector of the North Sea.As stated in the LoI…

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