Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the country's oil and gas production, putting a project that has been in the works for two decades one step closer to presidential sign-off.Legislators…
The Norwegian oil and gas company OKEA has awarded a 'sizeable' contract to Subsea Integration Alliance, a Subsea 7 - OneSubsea partnership, for the Hasselmus gas field development offshore Norway, Subsea 7 said. Subsea 7 defines a sizeable…
Oil and gas major Chevron as the operator of the Gorgon gas project has, with its partners, agreed to proceed with the Jansz-Io Compression (J-IC) project, offshore W. Australia. The investment is estimated at around $4 billion (AU$6 billion)…
After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…
Oilfield services firm TechnipFMC has confirmed it has secured a 'significant' contract from Equinor for the delivery of subsea equipment for Equinor's Kristin Sør field development in the North Sea, offshore Norway.The company said Wednesday the contract was for the supply rigid pipelines…
U.S. liquefied natural gas (LNG) developer Delfin LNG asked federal energy regulators for a third extension until September 2022 to bring into service the onshore facilities of its proposed floating LNG export plant off the coast of Louisiana…
Norway's BW Energy Ltd and Brazil's DBO Energy have submitted binding offers for Petrobras' Golfinho offshore oilfields, two sources with knowledge of the matter told Reuters.Petroleo Brasileiro SA, as Brazil's state-run oil company is formally known…
The OPEC+ group of oil producers meets on Thursday to decide on a further easing of output cuts next month and could also consider extending its overall supply pact beyond April 2022, sources within the group told Reuters.The group comprising…
Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…
Norwegian oil and gas company Aker BP has filed a plan for development and operation (PDO) for Kobra East & Gekko (KEG) offshore development in the North Sea, offshore Norway.Total investments in the project are projected at around NOK 8 billion (appr…
Norwegian oil and gas firm Equinor has, with its partners Petoro, Vår Energi and Total E&P Norge, decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field, in the Norwegian Sea offshore Norway…
Brazilian oil company Enauta said Monday it had completed the transfer of a 50% stake in the Atlanta offshore field, previously held by Barra Energia. Enauta in April said it had received regulatory approval to take full ownership of the Atlanta offshore oil field in Brazil…
The Norwegian government has approved Equinor's plan for the development and operation of the Breidablikk field in the North Sea, off Norway.Equinor estimates it will take around NOK 18.6 billion (around $2,17 billion) to develop the field.…
Nigeria's senate will present a long-awaited oil overhaul bill to the full chamber for passage on Tuesday, according to an order paper seen by Reuters.The president sent the bill to the National Assembly in September last year, and presentation…
Abu Dhabi National Oil Company (ADNOC) will reduce the volume of crude oil it supplies to Asian term buyers by 15% in September, according to six sources with direct knowledge of the matter.The cut was much deeper compared with a reduction of…