The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.The two-well subsea tieback at Murlach adds a peak net production of around 15,000 boed to the BP-operated Eastern Trough Area Project (ETAP) in the central North Sea…
Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…
U.K.-based oil and gas firm Serica Energy has decreased its annual production forecast following the temporary suspension of operations at Triton floating production, storage and offloading (FPSO) unit due to technical issues.Serica Energy informed that he production from the Triton FPSO…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
Shell expects a $600 million hit in the third quarter from abandoning its biofuels project in Rotterdam, it said on Tuesday while flagging higher liquefied natural gas production and better gas trading results.Shell had approved development of the 820…
OPEC+'s continued oil output increases are eroding the group's spare production capacity, a vital cushion that has helped to mitigate volatility in recent years. Energy traders may therefore face rockier days ahead.The prevailing belief in oil…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
Eni and its partners China National Petroleum Corporation (CNPH), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation (KOGAS) and XRG have reached the Final Investment Decision (FID) to develop the Coral North deepwater FLNG project…
French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…
Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…
Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields…
The consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas (OG) has achieved first oil at the deepwater Leon-Castile fields, forming Salamanca development project, through a refurbished floating production unit (FPU), offshore Louisiana…
Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil.The modern subsea systems…
BP has reached a final investment decision (FID) on the Tiber-Guadalupe project in the Gulf of America, approving its second new production platform in less than two years in the critical U.S. offshore region.Fully-owned by BP, Tiber-Guadalupe…