Australian oil and gas company Woodside on Tuesday announced the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the Sangomar field offshore Senegal. This will be Senegal's first offshore oil production unit…
Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters. The departure reflects a wider move by major oil producers…
Canadian oil and gas company Trillion Energy said Monday that its Akcakoca-3 well at the SASB gas field in the Black Sea offshore Turkey was producing at 3.3 MMcf/d into the gas salesline.The company also said that it had repositioned the drilling rig to drill the West Akcakoca-1 well…
BP will market Guyana's share of crude oil produced over the next year from two offshore production platforms, the South American country's Ministry of Natural Resources said. Guyana is home to one of the largest oil discoveries in the last decade…
Employees of oil services firm Petrofac working on several of BP's British North Sea oilfields have voted for industrial action on Dec. 8 and 9 over working conditions, the Unite Union said last Thursday. The strike involves 76 workers on the offshore platforms Andrew…
Chevron Corp could win U.S. approval to vastly expand operations in Venezuela as soon as Saturday once the Venezuelan government and its opposition resume political talks, three people familiar with the matter said on Wednesday. A U.S. authorization…
Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…
Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil, and the company says the reservoir quality is better than predicted.The company said that the well - PAT-2- has been successfully drilled to a total depth of 2…
The Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain's windfall tax on its oil and gas projects, including the giant Rosebank development. 'The British government's decision last week to raise the windfall…
Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico. According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term…
Equinor has awarded Aibel a contract to modify and prepare the Aasta Hansteen platform offshore Norway for integration with the Irpa gas field (formerly Asterix).Equinor on Tuesday filed a plan for development and operation (PDO) for the Irpa…
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…
U.S.-based firm New Fortress Energy Inc. said Tuesday it had finalized agreements with Mexico’s state-owned oil company Pemex, to develop and operate an integrated upstream and natural gas liquefaction project to develop the Lakach deepwater gas field off Veracruz in Southeastern Mexico…
The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…
Norway's crude oil and gas output rose in October from September but lagged official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output rose to 1.75 million barrels per day (bpd) in October from 1…