Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.The reported oil workers’ protests, which Reuters could not verify, come…
Oil and gas company Barryroe Offshore Energy, until recently known as Providence Resources, said Tuesday that its CFO had decided to resign.The Irish-based company said it had accepted notice of the resignation of Simon Brett, Chief Financial Officer…
Production from the Njord field in the Norwegian Sea restarted at 16.30 on December 27th, following an upgrade project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore for extensive upgrades…
Oil and gas company Neptune Energy has awarded a two-well contract extension for the semi-submersible drilling rig Deepsea Yantai.The rig, owned by China's CIMC Raffles, is managed by the Norwegian offshore drilling firm Odfjell Drilling.Odfjell…
The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic meters (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday. Speaking after a cabinet meeting…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Japan's Cosmo Energy Holdings Co Ltd said on Friday it has signed a new agreement with Qatar Energy to continue its operation in the Al-Karkara and A-Structures offshore oil fields, which came into effect after the expiry of the current contract this month…
Oslo-listed FPSO leasing firm BW Offshore has signed a short-term contract extension for the Abo FPSO in Nigeria.The contract, which runs until January 14, 2023, is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil giant Eni…
Hess Corp on Thursday said drilling results expected this month could add a seventh platform in Guyana, which would lift the nascent oil producing nation's output above the 1.2 million barrels of oil equivalent per day planned.The U.S. oil producer…
The Norwegian oil and gas companies OKEA and DNO Norge have signed a deal for OKEA to enter the offshore license in Norway containing the Brasse discovery, with a 50% stake effective January 1, 2023. Following the transaction, DNO and OKEA will each hold 50% WI in the (PL740)…
Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…
Lime Petroleum AS, a subsidiary of Rex International, has completed the acquisition of a 10 percent stake in the Yme offshore oil field in Norway from Kufpec for an after-tax consideration of $$68.053 million. The completion, in agreement with KUFPEC…
Brazilian oil company Petroreconcavo SA has agreed to buy Maha Energy's subsidiary in the Latin American country, the companies said on Wednesday, marking another step in the Brazilian firm's ongoing expansion.According to a securities filing…
The Brazilian oil company Petrobras has launched a tender for the supply of two FPSOs for the shared reservoirs of Atapu and Sépia, with bids expected to be received in July 2023 and production to start in 2028. The offshore production units…
Oilfield services firm Baker Hughes has won a contract with Malaysia Marine and Heavy Engineering (MMHE) to supply carbon dioxide (CO2) compression equipment to Petronas Carigali's Kasawari offshore carbon capture and sequestration (CCS) project in Sarawak…
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