Mexico's oil regulator approved on Monday a revamped plan for developing the once-abandoned Lakach deepwater natural gas project, presented by state oil company Pemex, in the first public session chaired by its newly appointed head.The Gulf…
Norway's Aker Solutions has been awarded a frame agreement from Brazil's Petrobras and partners to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil.The frame agreement has a fixed period of five years…
Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil.The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel…
U.S. oil major ExxonMobil has chartered the Subsea Support Vessel (SSV) Maersk Nomad for a minimum one-year contract, supporting its field development activities offshore Guyana.Maersk Nomad will be operating with two ROVs onboard, providing…
Offshore installation firm Allseas said Friday that its pipelay vessel Audacia had recently broken a pipelaying record in Malaysia.'Congratulations to crew who installed 4 kilometers of pipeline in 24 hours, beating the previous best of 3.8 kilometers for Malaysian waters…
Denmark's Ørsted and Norway's Equinor have signed a contract under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe. The agreement covers the period from January 1, 2023 to April 1, 2024, and the total volumes of gas supplied during the period will be around 8 TWh…
North Sea oil and gas producer Hurricane Energy launched a formal sale process after receiving an unsolicited offer from an unnamed bidder which its board considers too low, it said on Wednesday.Last year, Hurricane effectively gave control…
QatarEnergy's chief executive on Sunday named Shell a partner in the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. Shell will have a 9.3% share of the project, and QatarEnergy will keep 75%…
Brazilian oil giant Petrobras has found oil at the Pedunculo well, located in the northwest of the Sépia offshore oil field, around 250 kilometers off the coast of Rio de Janeiro, Brazil.The well was drilled at a water depth of approximately 2…
Oil and gas company Rockhopper Exploration said Monday that Italy was working to annul the August ruling by an arbitration panel under which Italy has to pay 190 million euros plus interest to Rockhopper for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea…
Japanese floating oil and gas production systems provider MODEC has signed a contract to perform Front End Engineering and Design (FEED) for an FPSO vessel for ExxonMobil's “Uaru” oil field development project offshore Guyana.The FEED contract…
Nigeria is planning to auction seven deep offshore oil blocks, 15 years since the last ones were auctioned, the upstream regulator said on Saturday. Apart from marginal fields, Nigeria last conducted bidding for 45 oil blocks in 2007 even when…
Oil and gas companies Jadestone Energy and OMV New Zealand have 'reluctantly' agreed to terminate the sale and purchase agreement to acquire an operated 69% interest in the Maari Project, offshore New Zealand, citing regulatory uncertainty.Singapore…
CNOOC Ltd's third-quarter net profit soared by 89% from a year earlier to 36.9 billion yuan ($5.11 billion), driven by stronger oil and gas prices, the Chinese offshore oil and gas major said on Thursday. Third-quarter revenue rose 54% on the year to 89…
The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…
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