The Bonaparte CCS joint venture, involving Inpex Corporation, TotalEnergies and Woodside Energy, has started pre-fronte-end engineering design (pre-FEED) work to support the development of the Bonaparte carbon capture and storage (CCS) project offshore Australia…
Indonesia awarded five oil and gas blocks to companies, its energy ministry said on Wednesday, as it attempts to replenish its oil and gas reserves and improve its energy security.Over the coming years, the government plans to offer nearly 60…
Petronas, through Malaysia Petroleum Management (MPM), has concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two Production Sharing Contracts (PSCs), located off the coast of Sabah. The state-owned energy giant has also launched MBR 2025…
Kazakh President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil majors about an extension of existing production sharing agreements (PSA) on 'better terms'.The central Asian country is one of…
Japan’s top oil and gas producer Inpex has joined Trudvang carbon capture and storage (CCS) project offshore Norway, by acquiring 30% of Sval Energi’s 40% share in the scheme.Trudvang CCS is a large-scale CCS project that aims to cumulatively…
Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…
Santos has concluded negotiations for the divestment of partial stake in an offshore gas project to TIMOR GAP, which will join the Bayu-Undan project as partner.Santos said the Bayu-Undan Joint Venture (BUJV) and TIMOR GAP have agreed terms…
Timor-Leste's state-owned oil firm Timor Gap has acquired a 16% interest in the Bayu-Undan gas project, majority joint venture owner Santos said on Monday.Timor Gap has now become a part of the Bayu-Undan JV, which also includes SK E&S, INPEX…
The Norwegian Offshore Directorate (NOD) has granted Equinor a permit to drill a wildcat well in the North Sea, using Odfjell Drilling’s Deepsea Atlantic rig.The drilling permit is for wellbore 35/11-30 S in production license 090, which is operated by Equinor with 45% working interest…
India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…
Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…
Inpex Corporation has joined Japan’s Floating Offshore Wind Technology Research Association (FLOWRA).FLOWRA was established to promote the commercialization of floating offshore wind power generation on a large-scale over a wide area.By jointly…
Norwegian oil and gas company Aker BP and its partners have discovered gas in a wildcat well, drilled in the Barents Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The well 7324/8-4 (Hassel) represents the second well drilled in the production license 1170…
Norwegian oil and gas company Vår Energi has made an oil and gas discovery just north of the Duva field in the North Sea, using Odfjell Drilling’s Deepsea Yantai semi-submersible drilling rig.The discovery was made in well 36/7-5 S Cerisa and sidetracks 36/7-5 A…
Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…
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