Shell has restarted production at the Penguins field in the U.K. North Sea with a new floating, production, storage and offloading (FPSO) unit.The previous export route for the field, operated by Shell with 50% interest, and partner NEO Energy with the remaining 50%, was via the Brent Charlie platform, which ceased production in 2021 and is being decommissioned.Peak production is estimated at around 45…
Brazilian oil and gas firm Brava Energia has appointed Carlos José do Nascimento to the position of Offshore Operations Officer.Travassos holds a degree in Mechanical Engineering and a postgraduate degree in Business Management in Oil and Gas and Renewable Energy…
Britain's Harbour Energy on Thursday said it expects higher production in 2025 compared with last year, driven by the full-year's contribution from its purchase of oil and gas firm Wintershall Dea's assets.Harbour acquired the non-Russian oil and gas assets of the German company last year in an $11…
Brazilian oil and gas company Brava Energia has started production from the Atlanta floating, production storage, and offloading (FPSO) unit offshore Brazil.The achievement makes Brava Energia the first independent oil and gas company in the…
Equinor UK, a subsidiary of Equinor and Shell UK, a subsidiary of Shell, have agreed to combine their UK offshore oil and gas assets to form a new company which will be the UK North Sea’s biggest independent producer.The incorporated joint venture…
Britain's Harbour Energy raised its 2024 production forecast on Tuesday, after completing the purchase of oil and gas firm Wintershall Dea's assets.Harbour in December had agreed to acquire the non-Russian oil and gas assets of the German company in an $11…
Santos will supply up to about 400,000 tonnes of liquefied natural gas every year for a decade starting 2027 to Japanese energy firm Hokkaido Gas, Australia's second biggest independent oil and gas producer said on Tuesday.The firms will work…
UK oil and gas company Perenco has mobilized independent experts to determine the causes of the fire incident at is Becuna platform offshore Gabon, which claimed five lives with one person still missing.As of March 27, 2024, the search for the missing person was still actively underway…
Australia's Woodside Energy on Wednesday narrowed its annual production forecast range and capital expenditure outlook after posting a lower-than-expected quarterly revenue.The country's top independent oil and gas explorer now expects to produce…
Norway-based oil and gas firm Noreco on Tuesday announced a rebranding and planned name change from Norwegian Energy Company ASA (Noreco) to BlueNord ASA.The proposal for change of company name will be put forward for approval at the company's annual general meeting to be held on April 25…
Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…
Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.The total contract value for the firm part of the deal is around $327 million, inclusive of additional services…
BP and ENI have confirmed that Azule Energy, a new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now Angola’s largest independent equity producer of oil and gas…
Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Monday.Woodside shareholders are set…
Norwegian independent oil company Aker BP reported its fifth consecutive record quarterly profit on Thursday as petroleum prices soared, and is preparing to ramp up gas deliveries to Europe, the company said on Thursday.Earnings before interest…
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