Oil and gas company Neptune Energy has awarded a two-year contract extension to the oilfield services firm Petrofac.The contract extension, taking effect from January 1, 2022, is for engineering services for the Neptune-operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…
Norwegian oil and gas company Aker BP has sanctioned the development of the Hanz discovery in the Norwegian part of the North Sea. 'The project has matured a solution involving reuse of existing infrastructure, which both strengthens project economics and minimizes the environmental footprint…
Offshore engineering consultancy SLPE has secured a detailed design contract for wind turbine generator foundations for Red Rock Power Limited and ESB’s Inch Cape offshore wind farm.Inch Cape applied earlier this year to remove the capacity cap from its consent…
Brazilian oil firm Petrobras has informed that gas production from its Manati offshore gas field in Brazil, was halted due to the closure of the subsea valve of the export pipeline. In a separate statement, Petrobras partner Enauta said the…
Norwegian energy group Equinor plans to sell a stake in its Martin Linge oilfield in the North Sea, hoping to raise more than $1 billion, industry and banking sources told Reuters.The sale is aimed at reducing Equinor's large stake in the field…
Chinese national oil company CNOOC has started producing oil from Lufeng offshore oil fields in the eastern section of the South China Sea.The oil fields include Lufeng 14-4 oil field, Lufeng 14-8 oil field, Lufeng 15-1 oil field, and Lufeng 22-1 oil field…
Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American nation into an oil powerhouse.A coming onshore…
Exxon Mobil Corp is prepared to bid on Friday for new blocks in Brazil's deepwater oil fields, a focus area for its oil and gas production growth, people familiar with the matter said.Any bid would mark its first big investment since it decided to resume spending after a historic…
UK-based oil and gas company IOG is set to start drilling at the Southwark offshore field in the UK North Sea after a two-month hiatus caused by a problem with one of the offshore drilling rig's legs.IOG is focused on developing its Southern North Sea gas fields at the Saturn Banks Project…
Oilfield consultancy company Oil Plus has said it has won a deal to develop the maintenance strategy and program for DeNovo’s renewable energy powered Zandolie platform, located offshore western Trinidad.The unmanned gas producing installation…
Norwegian offshore vessel owner Solstad Offshore has secured a one-year contract for its platform supply vessel Normand Flipper.Solstad Offshore said that the contract, starting in December 2021, is for work in the UK North Sea. It did not say who the client was…
InterMoor, Acteon’s moorings and anchors subsidiary, has been awarded a contract with Chevron in Thailand for the disconnection and removal of Single Point Mooring (SPM) Buoy 1 and 2 in the Gulf of Thailand.InterMoor will provide project management…
Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…
Norwegian oil company Aker BP on Monday said it had awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner (around $49 million).The contracts, awarded to Aker Solutions, ABB…
Australian oil and gas firm Carnarvon Energy expects to spud its Buffalo-10 well in the Timor Sea in late December and not in mid-December as previously expected.The company said Monday that the Valaris JU-107 jack-up drilling rig was 'still on its current operations…
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