Production News


Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Feb 23, 2024

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in…

Shell's LNG Trading Makes $2.4B in Final 2023 Quarter

Feb 23, 2024

Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.Shell did…

Shell Starts Oil Production from Deepwater Project in Gulf of Mexico

Feb 23, 2024

Shell Offshore, a subsidiary of UK-based energy major Shell, has started production at Rydberg, a subsea tie-back to its Appomattox production hub in the Gulf of Mexico.With an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d)…

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Feb 23, 2024

Australia's Woodside Energy has entered agreement with Japan’s largest power generation company JERA for the sale of 15.1% non-operating participating interest in the Scarborough gas field development project offshore Australia.The total consideration…

Perenco Spuds Appraisal Well Offshore Gabon

Feb 22, 2024

Perenco Oil & Gas Gabon (POGG) has started drilling an appraisal well in the vicinity of the Hylia South West discovery offshore Gabon, using Dixstone’s BANBA jack-up rig.The field was discovered in December 2022 through the exploration well…

Oil Producer APA Misses Quarterly Profit Estimates on North Sea Downtime

Feb 21, 2024

U.S. shale oil producer APA Corp missed Wall Street estimates for fourth-quarter profit on Wednesday, hit by weaker North Sea production.Its North Sea production was hit by a temporary shutdown during the reported quarter at its Beryl Bravo offshore platform…

Exxon Considering Guyana Offshore Gas Production After 2029

Feb 21, 2024

An ExxonMobil-led consortium is considering its first offshore natural gas production in Guyana, close to the country's maritime border with Suriname, an executive at the U.S. oil and gas group said on Wednesday.Exxon, Hess Corp, and CNOO are…

Baker Hughes Grabs Petrobras’ Well Construction Job at Búzios Field

Feb 21, 2024

U.S. oilfield services giant Baker Hughes has secured a ‘significant contract’ from Petrobras for integrated well construction services in the Búzios field, offshore Brazil.The integrated services project is set to start in the first half of 2025 and will include drilling services…

KCA Deutag Secures Contract Extension with Vår Energi on North Sea Platform

Feb 21, 2024

Oil and gas drilling services company KCA Deutag has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi.The award…

BlueNord Confirms Tyra Gas Field March Restart

Feb 20, 2024

Denmark's Tyra natural gas field remains on track to restart production by the end of March, BlueNord, a partner in the TotalEnergies-operated development, said on Tuesday.Denmark's largest gas field, which was temporarily shut for redevelopment in 2019…

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Feb 19, 2024

Norway’s energy major Equinor and the Indian fertilizer and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.Equinor’s growing global LNG portfolio…

TechnipFMC to Supply Subsea Systems for Shell’s Sparta Development

Feb 16, 2024

Oilfield services company TechnipFMC has been awarded a ‘substantial contract’ by Shell for the supply of subsea production systems for Sparta development in the Gulf of Mexico.This will be the first integrated engineering, procurement, construction…

TotalEnergies and Eni Confirm ‘Excellent Well Deliverability’ at Gas Discovery Offshore Cyprus

Feb 15, 2024

TotalEnergies and Eni, the equal partners in Block 6 offshore Cyprus, have completed the drilling and production test of the Cronos-2 appraisal well, confirming excellent deliverability and well production capacity in excess of 150 mmscfd.The…

BP Welcomes FLNG Gimi in West Africa

Feb 15, 2024

The floating liquefied natural gas (FLNG) vessel Gimi, that is a core component of the Greater Tortue Ahmeyim (GTA) LNG project, has arrived at its destination on the Mauritania and Senegal maritime border.The FLNG vessel Gimi is at the heart of the GTA Phase 1 development…

Petrogas E&P Brings Dutch Gas Project On Stream

Feb 14, 2024

Petrogas E&P Netherlands, part of Oman-based Petrogas E&P, has started producing gas from the A15 platform installed in the Dutch North Sea.Petrogas E&P Netherlands, along with its partners EBN, Rockrose, and TAQA, produced first gas from the A15 project on February 12…

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