Australian company BHP has selected three contractors to deliver an early engineering study for a Floating Storage and Offloading Unit (FSO) for the Trion field in the deep-water Gulf of Mexico, offshore Mexico.The three companies are Altera Infrastructure (formerly known as Teekay Offshore)…
Oil and gas major Chevron has signed a gas sales agreement in Australia, to supply BHP Nickel West from its Wheatstone gas project.Starting in July 2020, Chevron plans to supply BHP Nickel West with a total of 22 Petajoules of equity domestic gas over the 3…
Australian-listed oil and gas company FAR Ltd said on Wednesday its Senegalese unit had defaulted on its obligations to the Sangomar joint venture, as the company looked to sell its interest in the project.The company owns 15% of the Sangomar oil and gas field being developed off Senegal…
Brent futures prices have risen by more than 80% over the last two months, the fastest increase at any point for more than a quarter of a century, as the market has rebounded from its worst crisis in decades.Front-month Brent futures have averaged…
Malaysian energy services company Uzma has won a contract to deliver a portable water injection module for Petronas Sepat offshore platform in Malaysia.Under the contract, Uzma will be responsible for the design, engineering, procurement, fabrication…
Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…
Norwegian oil and gas company Equinor has awarded oilfield services provider Technip two contracts and a letter of intent worth up to NOK 1.8 billion ($187,1 million).Under the contracts and the letter of intent, TechnipFMC will provide pipelaying…
Russian oil company Lukoil has kicked off drilling operations at the Shirotno-Rakushechnaya prospect structure, in the Caspian Sea.The well is located to the north of the V.I. Grayfer field, and sits in a water depth of 5 meters. Lukoil is using the Astra offshore rig…
Norwegian oil company Aker BP has completed the drilling program at its Valhall Flank West project in the North Sea, offshore Norway.Aker BP said last Friday that, over the course of 11 months, the Maersk Invincible drilling rig had set 12 conductors…
China aims to produce 1% more crude oil this year than in 2019 and to boost natural gas output by 4.3%, official targets showed on Monday, as the country seeks to safeguard energy security even after a coronavirus-driven collapse in oil prices…
Partners in Mozambique LNG, the $20 billion gas project led by Total, have received a $2.25 billion guarantee from the government that it will pay the state oil company's equity share if required, Portugal's Lusa news agency said.Carlos Zacarias…
The Gulf of Mexico-focused oil company Talos Energy has acquired assets from affiliates of Castex Energy 2005. Talos said Monday that the acquired assets consisted of 16 properties in which Talos currently holds a working interest, all located in its U…
Canadian oil and gas company Husky Energy last week accidentally spilled 1098 liters of an anti-microbial agent from its SeaRose FPSO, located in the Atlantic Ocean, 350 kilometers to the southeast of St. John’s. The incident happened on Thursday morning…
Exxon Mobil Corp has restored crude output at its nascent project off Guyana's coast after addressing problems with gas reinjection equipment, the South American country's environmental regulator said on Friday.Output at the offshore Liza field…
Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company said on Friday.In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the shallow-water fields produce 4…