%22North Field%22 News

TGS Wraps Up 410-Day OBN Survey Campaign Offshore Guyana

Dec 28, 2023

Marine seismic data company TGS has completed a series of Ocean Bottom Node (OBN) surveys offshore Guyana, setting a record for the longest deepwater node survey campaign.On December 1, 2023, the final node recovery marked the culmination of…

First Output from Venezuela's Dragon Gas Field Expected in Two Years

Dec 25, 2023

A natural gas project to be developed in Venezuelan waters by Shell and Trinidad and Tobago's state firm National Gas Company (NGC) could achieve first output in the next two years if a positive investment decision is made, Trinidad officials said on Friday…

Enauta Buys Cidade de Santos FPSO

Dec 22, 2023

Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…

Vestas Selected as Preferred Supplier for South Korea’s 390MW Offshore Wind Farm

Dec 29, 2023

Danish company Vestas has signed has signed a preferred supplier agreement with Hanwha Corporation for the 390 MW Shinan Ui offshore wind project in South Korea.The project is developed by Shinan Ui Offshore Wind, a special purpose company established by Hanwha Corporation E&C Division…

Valeura Energy Concludes Infill Drilling Campaign offshore Thailand

Dec 21, 2023

Valeura Energy has completed an infill drilling campaign at its Nong Yao oil field offshore Gulf of Thailand, where it holds a 90% operated working interest.The company has drilled four wells at the Nong Yao A wellhead processing platform, including…

Grupo Carso Acquires 50% of Ichalkil & Pokoch Oil Fields

Dec 18, 2023

Mexico's Grupo Carso reached an agreement to indirectly purchase for $530 million a 50% stake in the offshore, shallow water Ichalkil and Pokoch oil fields, according to a company filing published on Monday.The fields, located offshore from the Mexican state of Campeche in the Gulf of Mexico…

MAN Energy Solutions Wins Compressor Revamp Order for Troll A

Dec 21, 2023

Equinor Energy has commissioned MAN Energy Solutions to provide three compressor bundles – and an additional two spare units – as replacements for ones from another OEM.The bundles will be implemented within existing outer casings on the Troll A platform…

Esgian Week 51 Report: Biden Administration Publishes Lease 2024-2029 Program

Dec 22, 2023

Esgian has released its Week 51 Rig Analytics Market Roundup, highlighting regulatory action in the United States.The Biden Administration has published the final 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Programme with “the fewest oil and gas lease sales in history…

Baron Oil Inks Farm-Up Deal for Timor-Leste Development

Dec 27, 2023

UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…

C-NLOPB Updates Hebron Field Volume Estimate

Dec 17, 2023

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St…

Petronas and PTTEP Sign Deals for Oil and Gas Ops Offshore Malaysia

Dec 26, 2023

Malaysia’s Petronas Carigali and Thai PTTEP have signed agreements related to the development of PTTEP-operated oil and gas Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia.Petronas and PTTEP signed a memorandum of…

DOF Secures Multiple Subsea Service Contracts in Asia Pacific

Dec 21, 2023

Offshore vessel operator DOF Group has secured three subsea service contracts, valued over $36 million, from Australian-based operators.The contracts will employ construction support vessel (CSV) Skandi Hercules, adding approximately six months of utilization in 2024 and into the first quarter 2025…

Equinor Divests All Remaining Oil Assets in Azerbaijan

Dec 22, 2023

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement by which the Norwegian energy industry giant will divest all its remaining assets in Azerbaijan to SOCAR.The assets comprise a 7.27% non-operated interest…

Pioneering Spirit Kicks Off Pipelay Ops for BP’s LNG Project

Dec 22, 2023

Allseas’ construction vessel Pioneering Spirit has started pipelaying work on BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas’ offshore construction support vessel Oceanic kicked…

DOF Set to Bring in $30M From Two New Projects

Dec 19, 2023

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering…

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