The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.Trinidad…
The National Ocean Industries Association (NOIA) Board of Directors has elected Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the NOIA Chair for the 2025-2026 term. Eric Zimmermann, Chief Operating Officer of LLOG, was elected as the 2025-2026 Vice Chair…
Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola.Two offshore cranes of…
Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…
BP Trinidad and Tobago has started production from its Cypre gas project, off the southeast coast of Trinidad within the East Mayaro Block.Cypre is one of BP’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of its reset strategy to grow the upstream…
Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…
BP Trinidad and Tobago has taken the final investment decision (FID) for the Ginger gas development offshore Trinidad and Tobago, while marking the exploration success at its Frangipani well.Taking FID on Ginger and discovering gas at Frangipani…
BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas, according to two sources familiar with the matter…
OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…
Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…
Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…
Golar LNG has entered into finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for its floating liquefied natural gas (FLNG) unit Gimi.The sale leaseback facility will be approximately $1…
U.S.-based asset management firm Apollo will purchase the 25% non-controlling shareholding in BP Pipelines (TANAP), which holds BP’s 12% interest in the Trans-Anatolian natural gas pipeline (TANAP) that carries natural gas from Azerbaijan across Türkiye…
UK-based gas producer Energean on Friday it was terminating a deal with private equity fund Carlyle for the sale of some of its assets due to delays in obtaining regulatory approvals in Italy and Egypt.The two companies struck a $945 million…
Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities.The oil…
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