The operational occurrence which has temporarily impacted the commissioning of the Tyra Redevelopment Project (Tyra II) has pushed the planned ramp-up of the facilities to full capacity for one month.An operational occurrence related to the…
Aker BP-operated Hanz field in the Norwegian part of the North Sea, which is tied into the Ivar Aasen platform, has started production.Hanz is operated by Aker BP with 35% working interest, with partners Equinor owning 50% and Sval Energi 15% stake…
Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…
TotalEnergies has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale its 53.5% interest in the Nkossa and Nsoko II licenses offshore Congo.TotalEnergies…
Namibia is aiming for first oil production from TotalEnergies’ Venus field in 2029/2030, the country's petroleum commissioner Maggy Shino said on Wednesday.The southern African country, which is yet to produce any oil or gas, has become a global…
SLB has announced the signing of a new long-term strategic collaboration agreement between Equinor and the Subsea Integration Alliance (which comprises OneSubsea™ and Subsea7). The agreement paves the way for exploratory work to begin on two…
Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…
U.S. oil and gas company Talos Energy has made organizational updates aimed at supporting its business growth and strategic priorities, following the recently closed QuarterNorth Energy acquisition.Sergio Maiworm, who joined Talos in 2018, was…
Norwegian company Techouse has delivered a new sulphate removal unit (SRU) that will be installed on board the Voyageur Spirit FPSO, which is set for deployment at Eni-operated Baleine oil field offshore Côte d'Ivoire.Having secured the contract in May 2023…
BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector.With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently…
Brazil's state-run oil company Petrobras has agreed the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Brazil's subsidiary of UK-based oil and gas firm Perenco.Production from the two…
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…
Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel…
Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in 2018.The milestone was reached on March 31,…
Yinson Production has held the naming ceremony for FPSO Maria Quitéria which will deployed in at Petrobras’ Jubarte field offshore Brazil.The naming ceremony for the FPSO Maria Quitéria was held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on April 3…