Jersey Oil And Gas E News

 

Global Oil and Gas Emissions Standard Hits Hurdle as Oil Majors Withdraw

Jul 22, 2025

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields, the Financial Times reported on Tuesday…

Norway's Oil and Gas June Output Exceeds Expectations

Jul 22, 2025

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…

China Starts Production at Major Oil Field in Bohai Sea

Jul 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought online the Kenli 10-2 oil field (Phase I), the largest shallow lithological oil field offshore China.The project is located in southern Bohai Sea…

Brava Energia Brings FPSO Atlanta Up to Speed with Six Connected Wells

Jul 21, 2025

Brazilian oil and gas company Brava Energia has connected two more wells at Atlanta field to the floating, production storage, and offloading (FPSO) unit, operating off Brazil, with the peak production expected to be reached in the coming months…

Galp Ups Profit Target as it Eyes Oil and Gas Partner for Namibia

Jul 21, 2025

Portugal's Galp Energia on Monday raised its core profit target for the full year after a better-than-expected performance in the second quarter and said it expects to find a partner to develop a promising oil discovery offshore Namibia.Shares were up 2…

PRIO Moves Ahead with Wahoo Field Drilling Plan off Brazil

Jul 21, 2025

Brazilian oil and gas firm PRIO has secured a preliminary license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the new wells to the Frade floating production…

Chevron Secures Future Production Prospects with Entry to Oil Rich Guyana

Jul 21, 2025

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years.On Friday, the U.S. oil producer closed its $55-billion acquisition…

Vår Energi Makes Commercial Gas Discocvery in Norwegian Sea

Jul 21, 2025

Vår Energi has made a new commercial gas and condensate discovery in the Vidsyn exploration well, located close to the its operated Fenja field in the Norwegian Sea.The discovery is the third commercial discovery for Vår Energi so far in 2025 and will be evaluated as a potential tie-in to Fenja…

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Jul 16, 2025

U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…

OMV Drills Dry Well in Norwegian Sea

Jul 16, 2025

Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…

Partners Secure One-Year License Extension for Orange Basin Block

Jul 16, 2025

The joint venture partners in PEL 79 license, which include the National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, have secured a 12-month extension to the exploration period for offshore blocks in Namibia’s Orange Basin…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Jul 15, 2025

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…

TechnipFMC Awarded Heidrun Extension Contract

Jul 15, 2025

TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for its Heidrun extension project in the Norwegian North Sea.The project will enhance the current infrastructure and extend the production lifecycle for the Heidrun platform…

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Jul 15, 2025

KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project…

Current News

SLB Acquires Well Intervention Software Specialist

SLB Acquires Well Intervention

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

DOF Scoops Over $220M for AHTS

Record Production Boosts Chevron’s Second Quarter Earnings

Record Production Boosts Chevr

ExxonMobil’s Profit Shoots Above Expectations

ExxonMobil’s Profit Shoots Abo

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