Services firm Bilfinger on Monday announced it has been awarded a multimillion dollar annual contract for the routine mechanical maintenance scope for Shell‘s oil and gas platforms in the Gulf of Mexico (GOM). The industrial services provider…
Germany's Wintershall Dea started production at its Nova oil and gas field in the Norwegian sector of the North Sea, the company said on Monday.The subsea field, about 120 kilometers northwest of the city of Bergen, is tied-back to the Neptune Energy-operated Gjoea field…
China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…
Eni has announced a further 'significant' gas discovery, totaling an estimated 1-1.5 trillion cubic feet (Tcf) of gas in place, in its first exploration well drilled in offshore Block 2 Abu Dhabi, United Arab Emirates (UAE).This discovery was…
Italian explorer Eni has reported 'excellent results' from its latest exploration well offshore Ivory Coast, West Africa, resulting in a 25% increase in the resource estimate for the Baleine field. The Baleine East 1X well was the first exploration…
Norway's Petroleum Safety Authority Norway has given operator Aker BP consent for life extension of the Tambar field in the Norwegian North Sea.The Tambar field is part of production license 065, for which Aker BP is the operator. Consent includes…
TotalEnergies has made a final investment on the $850 million Begonia project in Block 21, Angola. The project is the first development of block 17/06, 150 kilometers off the Angolan coast, in agreement with concession holder Agência Nacional de Petróleo…
Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost to crude output from new fields, Chief Executive Octavio Romero told Reuters.If achieved, it will be Pemex's first annual profit in more than a decade…
Petrobras has approved a record dividend payout of 87.8 billion reais ($17 billion), Brazil's state-run oil company said on Thursday, a move that will boost the government's coffers heading into a tense election.In a securities filing, Petroleo Brasileiro SA…
Cenovus Energy Inc on Thursday reported a near 11-fold surge in second-quarter profit, helped by its purchase of rival Husky and rising energy prices after the Russian invasion of Ukraine.Oil prices have scaled multi-year records this year as…
Tanker shipping company AET on Thursday named its newest vessel, Eagle Crato, the final of three Suezmax Dynamic Positioning (DP2) shuttle tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, based on the agreement signed in February 2020…
The shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) is acquiring Zakher Marine International (ZMI), adding 24 jack-up barges and 38 offshore support vessels to its fleet. ZMI is an Abu Dhabi-based owner and operator of offshore support vessels…
Engineering firm Worley has been awarded a framework agreement by Flotation Energy for pre-feasibility study services to Flotation Energy’s Seadragon project, a 1,500 MW offshore wind farm off the coast of Gippsland, Victoria, Australia.Seadragon…
Eni, with its partners in the New Gas Consortium, has taken a final investment decision in Angola's first non-associated gas development project, the development of the Quiluma and Maboqueiro (Q&M) fields.The project includes two offshore wellhead platforms…
New York is seeking renewable energy to power at least 1.5 million New York homes in its third offshore wind solicitation, Governor Kathy Hochul said on Wednesday, as the state ramps up development of the industry.Administered by the New York State Energy Research and Development Authority…
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