Condensate News

 

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Mar 27, 2025

India’s EPC contractor Larsen & Toubro (L&T) has secured its largest-ever contract, worth over $1.8 billion, from QatarEnergy LNG for work on the expansion of the North Field, one of the largest natural gas fields the world.The contract is for…

TechnipFMC Awarded Major Contract for Gato do Mato

Mar 25, 2025

TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract worth over $1 billion by Shell for its Gato do Mato greenfield development offshore Brazil.In addition to integrated execution…

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Mar 25, 2025

MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…

Shell Makes FID for Deepwater Gato do Mato Project off Brazil

Mar 21, 2025

Shell Brasil Petróleo, a subsidiary of Shell, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater oil and gas project in the pre-salt area of the Santos Basin, offshore Brazil.The Gato do Mato Consortium includes Shell (operator with a 50% stake)…

Norway's Oil and Gas Output Exceeds Forecast in February

Mar 20, 2025

Norway's combined oil and gas production exceeded an official forecast by 1.8% in February, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output…

Equinor Brings On Stream Halten East Field in Norwegian Sea

Mar 17, 2025

Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.Halten East is a tie-in development located in the Kristin-Åsgard area in the Norwegian Sea. Vår Energi and Petoro are partners…

ExxonMobil's Longtail to Produce Up to 1.5 BCFD of Gas

Mar 12, 2025

The eighth energy project in Guyana of a consortium led by U.S. major Exxon Mobil will produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day on condensate through a floating production facility that will have capacity to export the fuel…

Tyra II Faces Another Operational Setback

Mar 11, 2025

BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that Tyra II project has faced another ‘operational setback’, which is impacting its maximum production potential at the Denmark’s largest offshore gas development…

BP Finds Gas in Final Well of West Nile Delta Drilling Campaign off Egypt

Mar 06, 2025

BP has completed drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta.Drilled using the Valaris DS-12 drillship…

Equinor Finds Oil at Mistral Exploration Well in Norwegian Sea

Mar 04, 2025

Equinor and its partners have made an oil discovery at Mistral exploration well, located in the southern Norwegian sea.The well 6406/6-7S in the PL1119 license was drilled using Odfjell Drilling’s Deepsea Atlantic drilling rig.The well was drilled to a vertical depth of 4…

Tyra II Marks Commissioning Milestone as Ramp Up Activities Gain Ground

Feb 28, 2025

TotalEnergies, the operator of the Danish Underground Consortium in charge of the Tyra II development, has achieved a gas export rate above 200 mmscfpd, marking a significant step forward in meeting the requirements to start distribution of gas from the project…

Galp Makes Another Oil and Gas Discovery at Orange Basin Off Namibia

Feb 25, 2025

Galp, together with its partners NAMCOR and Custos, has hit oil and gas in another well drilled at PEL83 license at Orange Basin, offshore Namibia.The Joint Venture partners have drilled, cored and logged the Mopane-3X well (Well #5) which spud on January 2…

Guyana Set to Sign Oil Exploration Deal with TotalEnergies-Led Group

Feb 24, 2025

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.Guyana is the world's fastest-growing…

Norway’s January Oil and Gas Output Misses Forecast by 1%

Feb 20, 2025

Norway's combined oil and gas production lagged an official forecast by 1% in January, weighed down by a decline in the exports of natural gas, data from the Norwegian Offshore Directorate (NOD) showed on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil…

Production Starts at Raven's Second Development

Feb 16, 2025

BP has started production from the second development phase of the Raven field offshore Egypt, the global oil company said on Sunday.BP said in a statement that the new wells are set to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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