Nexen Petroleum News

 

Baker Hughes to Supply Subsea Systems for Türkiye’s Sakarya Gas Field

Sep 11, 2025

Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Sep 10, 2025

Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…

Green Party Norway Pushes Oil Phaseout

Sep 09, 2025

In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it's a demand with greater meaning after Monday's election…

TotalEnergies Gets Two Exploration Permits Offshore Nigeria

Sep 02, 2025

TotalEnergies, together with its partner South Atlantic Petroleum, have signed the Production Sharing Contract (PSC) for two exploration licenses offshore Nigeria.The PSC was signed for the PPL 2000 and PPL 2001 licenses, in which TotalEnergies is the operator with 80% working interest…

Egypt Signs Exploration Deals with Global Firms

Aug 31, 2025

Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS)…

Equinor Confirms Oil and Gas Discovery in Norwegian Sea Wildcat Well

Aug 29, 2025

Equinor has proven petroleum in a wildcat well in Norwegian Sea, drilled by Transocean’s Transocean Encourage semi-submersible drilling rig.The well 6506/12-PB-3 H was tested the Smørbukk Midt prospect, located between Smørbukk and Smørbukk Sør about 250 kilometres southwest of Brønnøysund…

Egypt Boosts Gas Production as Two West Delta Wells Come Onstream

Aug 29, 2025

Egypt's petroleum ministry said on Friday that two new wells in the deepwater West Delta have gone online, adding about 60 million cubic feet per day (mcfd) of natural gas to the country's output.Egypt seeks to boost gas production after increasingly turning to imports to meet domestic demand…

Borr Drilling Scoops $43M in New Jack-Up Rigs Deals

Aug 27, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs and confirmed the start of operations for one of its rigs offshore Mexico.In the North Sea, Borr Drilling’s Prospector 1 jack…

EnerMech Bags Maintenance Contract Extension with Middle East Operator

Aug 27, 2025

EnerMech has secured a two-year contract extension with Dubai Petroleum to continue providing the Middle East operator with crane maintenance services across its offshore assets. Originally awarded in 2022, Dubai Petroleum has automatically extended the contract…

Work Underway at Three New Wells at Zohr Gas Field off Egypt

Aug 26, 2025

Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…

OKEA Makes Oil Discovery at Brage Field

Aug 25, 2025

Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Aug 20, 2025

Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…

Brage, YME Field Production Updates

Aug 11, 2025

Lime Petroleum AS  announced that for the full month of July 2025, production at the Brage and Yme Fields combined, net to LPA, was 11,941 barrels of oil equivalent per day (boepd).Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field…

OKEA Spuds First of Two Wells at Bestla Development in North Sea

Aug 05, 2025

Norwegian oil and gas firm OKEA has spudded the first of two production wells at Bestla development, formerly known as Brasse, in the North Sea using Odfjell Drilling’s Deepsea Yantai rig.The well is being drilled by the rig Deepsea Yantai from the Bestla Subsea Template…

Rex’s Akrake Petroleum Starts Drilling at Sèmè Field off Benin

Aug 05, 2025

Akrake Petroleum Benin, Rex International's indirect subsidiary, has spudded the first well in the Sèmè Field in Block 1 offshore Benin, using the Borr Drilling’s Gerd jack-up drilling rig.The drilling is part of a 100-day three-well work program to redevelop the Sèmè field…

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