Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
Oil and gas firm Rhino Resources has made a gas condensate discovery off the coast of Namibia in a well spudded by Deepsea Mira semi-submersible drilling rig.The discovery was made as part of a drilling campaign in Block 2914A, in the Orange Basin…
Russia is expected to start natural gas production at the new Sakhalin-3 project in the Pacific Ocean in 2028 to supply gas to China and for domestic needs, Russian news agencies said on Thursday, citing the local governor.The governor, Valery Limarenko…
Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
Mexican state oil company Pemex signed its first mixed contracts with private sector partners in a bid to reverse declining hydrocarbon production, according to President Claudia Sheinbaum's government report delivered to Congress.The 11 deals…
Two SLB OneSubsea subsea compressor stations recently came online at Shell’s Ormen Lange field, the second largest gas field in Norway, setting the record for the deepest installation of such systems ever.The SLB OneSubsea subsea compressor stations…
Norway's combined oil and gas production exceeded an official forecast by 3.9% in July, the Norwegian Offshore Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the country’s first drilling campaign targeting gas and hitting success last month, the CEO told Reuters.Angola expects gas…
Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…
Saipem has been awarded a FEED contract for the FPSO module of the Abadi LNG project, located in the Masela Block, Indonesia.The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase…
Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…
Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) through a $450 million deal with Chevron's subsidiaries.The transaction, completed on July 25…
Norway's combined oil and gas production exceeded an official forecast by 2.3% in June, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
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