%22North Field%22 News

Trident Energy Ready to Restart Drilling Off Equatorial Guinea

Jul 03, 2024

Oil and gas company Trident Energy has welcomed Noble Corporation’s Noble Venturer drillship for a new drilling campaign offshore Equatorial Guinea, expected to begin shortly.Trident Equatorial Guinea is the operator of Block G in the Ceiba and Okume complex fields offshore Equatorial Guinea…

TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country

Jul 03, 2024

French oil major TotalEnergies has notified South Africa's petroleum regulator that it intends to withdraw from its 11B/12B offshore gas field but has yet to submit a formal request to do so, a source at Petroleum Agency SA said.TotalEnergies…

Valeura Stops Wassana Field Production in Gulf of Thailand

Jun 27, 2024

Canada-based oil and gas company Valeura Energy has suspended production at its fully-owned Wassana field, offshore Thailand, due to the damage on mobile offshore production unit (MOPU) identified during routine inspection.During a scheduled…

Esgian Week 26 Report: Drilling Activity is High

Jun 30, 2024

Esgian provides an update on drilling activity in its Week 26 Rig Analytics Market Roundup.Report SummaryContractsVentura Offshore has been granted exclusive marketing rights from Hanwha Drilling LLC for the newbuild 12,000-ft 7th generation drillship…

Vår Energi Strikes Oil North of Duva Field Offshore Norway

Jun 27, 2024

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…

Exxon-led Guyana Oil Group's Net Margin Jumps in 2023

Jun 25, 2024

Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%…

OEG Renewables Names Subsea Chief

Jul 05, 2024

OEG Renewables, offshore wind division of OEG Energy Group, has appointed Rolf de Vries as its subsea director.The OEG Renewables’ subsea division offers a range of specialist in-house subsea capabilities including solutions in diving, ROVs…

ADNOC's Ruwais LNG to Earmark 40% Stake to Shell, Total, BP, and Mitsui

Jul 05, 2024

Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…

N-Sea Acquires Geo Plus

Jul 02, 2024

The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…

Petrobras Impacted in Three Oil Fields by Environmental Workers' Strike

Jun 26, 2024

A strike by environmental workers in Brazil is already impacting Petrobras' operations in three offshore oil fields, the state-run firm told Reuters on Wednesday.There have been delays in developing production in the Mero, Buzios and Marlin fields…

Conrad Inks Mako Field Gas Sales Agreement with Pertamina’s Subsidiary

Jun 25, 2024

Conrad Asia Energy has entered into a binding Gas Sales Agreement (GSA) for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara (PGN), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia…

China’s CNOOC Starts Production at South China Sea Oil Field

Jun 27, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has started production at its Enping 21-4 oilfield development project, located in eastern South China Sea.The field, located at a site with an average water depth of approximately 89 meters…

SLB OneSubsea to Design All-Electric Subsea System for Equinor’s Fram Sør Field

Jun 27, 2024

Oilfield services company SLB has, through its joint venture OneSubsea, secured a contract from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric subsea production systems project in the Fram Sør field, offshore Norway…

Eni Sells Two Offshore Oil and Gas Assets in Alaska

Jun 27, 2024

Italian energy giant Eni has signed a binding agreement with Hilcorp, one of the largest U.S. private companies, for the sale of its upstream offshore assets Nikaitchuq and Oooguruk in Alaska.This transaction is consistent with Eni's strategy…

Germany to Examine Security Impact of Chinese Wind Turbine Deal

Jul 03, 2024

Germany's economy ministry will look 'very closely' into a deal to supply Chinese-made wind turbines for an offshore project in Germany's North Sea, saying on Wednesday questions of critical infrastructure and competition must be addressed.Under…

Current News

Panoro to Bid in Equatorial Guinea Oil and Gas Auction after Block G Boost

Panoro to Bid in Equatorial Gu

US DOE Green Light Set to Make Corpus Christi Second Largest US LNG Scheme

US DOE Green Light Set to Make

TotalEnergies Eyes Long-Term LNG Supply from Alaska LNG Project

TotalEnergies Eyes Long-Term L

Fugro’s CFO Steps Down

Fugro’s CFO Steps Down

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