Qatar Petroleum News


Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Jun 04, 2025

PTAS Aker Solutions, a local joint venture between Aker Solutions and the Brunei company PTAS, has secured a two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).The extension…

Tullow Oil Lines Up Production Extension for Jubilee and TEN fields off Ghana

Jun 04, 2025

Tullow Oil and its partners have signed a memorandum of understanding (MoU) with the Government of Ghana to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields off the West African country…

Eco Atlantic Takes Operatorship of Orange Basin Offshore Block

Jun 04, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has completed the farm-in agreement in the Orange Basin block, securing the full operatorship and exploration rights offshore South Africa.Eco has now secured…

ADES Secures Jack-Up Drilling Rig Contract in West Africa

Jun 03, 2025

Saudi oil and gas drilling contractor ADES Holding has secured a contract with Addax Petroleum, part of Sinopec Group, for its Admarine 510 jack-up drilling rig, which will be put to work offshore Cameroon in West Africa.The contract is expected to begin in the fourth quarter of 2025…

Woodside Files Arbitration Proceedings Against Senegal

Jun 02, 2025

Australia's Woodside Energy, which operates Senegal's Sangomar oil and gas field, has filed a complaint with the World Bank's International Centre for Settlement of Investment Disputes against the West African country over taxes, a spokesperson for the company said on Monday…

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

May 30, 2025

Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable cost savings.Under the new Upstream Petroleum Operations Cost Efficiency Incentives Order 2025…

Eni Starts Drilling Activities off Ghana with Seventh-Gen Drillship

May 30, 2025

Eni Ghana, a subsidiary of Italy’s Eni, has marked the start of drilling activities offshore Ghana with the arrival of Deep Value Driller (DVD) drillship, following completion of activities in Côte d'Ivoire.Eni Ghana, together with its Offshore…

McDermott Reduces Carbon Intensity

May 28, 2025

McDermott has published its 2024 Sustainability Report, highlighting increased renewable energy source to 80% of grid electricity demand across its operations.The company also achieved a 35% reduction in carbon intensity and ISO 50001 energy management certification at four major fabrication yards…

Okea Makes Oil Find in North Sea

May 28, 2025

Norway's Okea has discovered oil in the Prince prospect in the North Sea, the Norwegian offshore directorate said on Wednesday.Preliminary estimates indicate a discovery of between 0.29 million and 2.79 million standard cubic metres of recoverable oil equivalent…

Report: Gas Investments in Australia Stalling

May 27, 2025

Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found…

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

May 22, 2025

Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum…

Borr Drilling Financial Dip as Expected

May 21, 2025

Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…

Fire Breaks Out at Chevron’s Platform off Angola, Injuring 17

May 21, 2025

Seventeen people have been injured, four seriously, after a fire broke out at Chevron’s Benguela Belize Lobito Tomboco (BBLT), located in Block 14, offshore Angola.According to an update from Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG)…

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

May 21, 2025

Mubadala Energy would be more than happy to supply all the natural gas to be produced from its south Andaman block for Indonesia's domestic consumption at the right price, a senior executive said on Wednesday.Indonesia wants gas producers to increase supplies to domestic users as demand is rising…

Norway’s Oil Drillers Seek Wage Negotiations to Avoid Strike

May 21, 2025

Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners'…

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