Offshore Production News - page 2


Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast

Feb 12, 2024

Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…

Borr Drilling Secures $82M for Three Jack-up Rigs

Feb 12, 2024

Offshore drilling contractor Borr Drilling has secured contract commitments totalling 495 days and $82.2 million in revenue for three of its jack-up rigs, excluding mobilization and demobilization compensation.Firstly, BW Energy has extended…

Mexico: Pemex Platform Leaked Clouds of Methane Even After UN Alert

Feb 09, 2024

State energy company Pemex released large volumes of methane from an oil platform in the Gulf of Mexico last year, with leaks recurring even after a United Nations agency flagged problems there to the Mexican government, according to a Reuters analysis of previously unreported U…

BW Opal FPSO Starts Taking Final Shape Ahead of Barossa Assignment

Feb 09, 2024

FPSO leasing company BW Offshore has made progress on the topside module integration for the newbuild floating production storage and offloading (FPSO) unit BW Opal, that will be deployed at Santos' Barossa gas project, offshore Australia.The…

Trident Terminates Island Innovator Rig Contract Offshore Equatorial Guinea

Feb 09, 2024

The contract for the Island Drilling’s semi-submersible Island Innovator rig has been terminated by Trident Energy due to safety concerns, putting the drilling campaign at the Block G, offshore Equatorial Guinea, on pause.The decision to terminate…

JERA Finds Indonesian Partner for LNG Value Chain Development

Feb 09, 2024

Japan’s largest power generation company JERA has signed a memorandum of understanding (MoU) to collaborate on LNG value chain development in Indonesia with PT PLN Energi Primer Indonesia (PLN EPI), a subsidiary of PT PLN Persero.Collaboration to establish a value chain for LNG…

Russia's Arctic LNG 2 Last Line is on Hold

Feb 08, 2024

The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U…

Norway's Sverdrup Oilfield to Start Decline in About a Year

Feb 08, 2024

Production at the Equinor-operated Johan Sverdrup oilfield, the North Sea's largest, is expected to start declining from peak levels in about a year, partner Aker BP said on Thursday.Sverdrup's production was ramped up last year to 755,000 barrels of oil per day (bpd)…

EthosEnergy Scoops Harbour Energy Deal for Production Assets in North Sea

Feb 08, 2024

EthosEnergy has signed a five-year master service agreement (MSA) with Harbour Energy for maintenance and support services across three production assets in the North Sea.The agreement, with an option to extend, will see EthosEnergy becoming…

Tower Resources Gets Exploration License Extension in Cameroon

Feb 08, 2024

Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.Tower Resources received formal notification from the Minister of Mines, Industry and Technological Development…

Neptune Gets Green Light to Drill Duva Wildcat Well

Feb 07, 2024

The Norwegian Offshore Directorate has granted Neptune Energy Norge a drilling permit for the new exploration well at Duva field in the North Sea.The permit is for the 36/7-5 S wildcat well at Duva field (production license 636) which will be done using Deepsea Yantai semi-submersible drilling rig…

Dana Energy Joins In Selene Gas Prospect Through Farm-Out Deal with Deltic

Feb 07, 2024

Deltic Energy has entered into an agreement with Dana Petroleum for the farm-out of its 25% interest in Shell-operated license containing the Selene Prospect in the North Sea.The transaction, in combination with the existing Shell UK carry,…

Production Starts at Akpo West Field Offshore Nigeria

Feb 07, 2024

TotalEnergies and its partners have started the production from the Akpo West field on the PML2 license in Nigeria.Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo floating production storage and offloading (FPSO) facility…

DNO Expands North Sea Portfolio with UK’s Arran Field

Feb 07, 2024

The Norwegian oil and gas operator DNO has entered into an agreement to acquire a 25% interest in the Arran field on the UK Continental Shelf from ONE-Dyas.The transaction, made through DNO’s wholly-owned subsidiary DNO Exploration UK, is expected…

Exxon Raises Guyana's Oil Production

Feb 06, 2024

A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 barrels per day (bpd) in the South American country, up from about 400,000 bpd in late 2023, the U.S. producer said at a press conference on Tuesday…

Current News

Baker Hughes Grabs Petrobras’ Well Construction Job at Búzios Field

Canada Secures Surrender of All Offshore Pacific Coast Oil and Gas Permits

Maine Selects Sears Island as Preferred Site for Floating Wind Port Facility

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Subscribe for OE Digital E‑News