Oil And Gas News

 

Norway Issues Permits for Equinor’s Drilling Ops in North Sea

Nov 20, 2025

The Norwegian Offshore Directorate has granted Equinor drilling permits for two wildcat wells in the North Sea.The permits are for wellbore 33/12-N-3 GH in production license 037 B/152 and 33/12-N-3 HH in production license 037 B/277.Equinor is the operator of Equinor of the licenses…

Blackford Dolphin Semi-Sub to Keep Drilling Offshore India

Nov 20, 2025

Oil India has exercised its option to extend the drilling contract with Dolphin Drilling for the semi-submersible rig Blackford Dolphin.Further to the initial three-well firm campaign over an estimated 14-month duration, agreed in March 2024…

Aker BP Extends Deepsea Nordkapp’s Stay off Norway

Nov 20, 2025

Offshore drilling contractor Odfjell Drilling has received confirmation from Aker BP that it will extend the firm contract period for use of the Deepsea Nordkapp semi-submersible rig by one year.With this signed confirmation, the Deepsea Nordkapp extends its firm contract backlog to the end of 2027…

TotalEnergies, Chevron Lead Bidding for Galp’s Namibia Oil Find

Nov 20, 2025

Oil majors TotalEnergies and Chevron have emerged as front-runners in the auction for a 40% operating stake in Galp's Mopane discovery in Namibia, four sources told Reuters.Oil companies have flocked to Namibia, which has no hydrocarbon production…

Aramco Expands US Partnerships with $30B in New Deals

Nov 20, 2025

Saudi Aramco has signed 17 memoranda of understanding and agreements with U.S. companies, with a potential total value exceeding $30 billion, expanding its network of partnerships in sectors ranging from LNG and advanced materials to financial services…

Strike Threat Looms Over Woodside’s Pluto 2 LNG Expansion

Nov 20, 2025

A union group applied to Australia's labour tribunal on Thursday for permission to strike at Woodside Energy's Pluto 2 project before the end of the year, in a battle over pay at the under-construction facility.A strike by construction workers…

Australia Opens Consultation on Decommissioning Planning and Finance

Nov 19, 2025

The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

DeepOcean Gets Subsea Tie-Back Job in UK

Nov 19, 2025

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the U.K. continental shelf.The field is being developed as a subsea tieback to an existing host facility…

Ithaca Energy Acquires 50% Stake in Shell’s Tobermory Discovery off Scotland

Nov 19, 2025

Ithaca Energy has signed a farm-in agreement with Shell UK for a 50% working interest in licenses P2629 and P2630, located in the West of Shetland basin, containing the Tobermory discovery.Following completion of the farm-in, Shell UK will continue…

BP Hires SLB OneSubsea for Deepwater Gulf of Mexico Job

Nov 19, 2025

SLB OneSubsea, joint venture between SLB, Aker Solutions, and Subsea7, has secured a contract from BP for subsea boosting system for the greenfield development of the Tiber project, located in the deepwater U.S. offshore region.The engineering…

Shelf Drilling’s Jack-Up to Restart Ops for Aramco as Suspension Ends

Nov 19, 2025

Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…

BW Energy Confirms Liquid Hydrocarbons in Namibia’s Kudu Block

Nov 19, 2025

BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons.The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5…

Pakistan Greenlights TPOC-Led Offshore Exploration in Block-C

Nov 19, 2025

Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the finance ministry said…

Syria Inks Gas Deal with ConocoPhillips and Novaterra

Nov 19, 2025

The Syrian Petroleum Company, U.S.-based ConocoPhillips COP.N and Novaterra have signed a memorandum of understanding to expand cooperation in the natural gas sector, Syria's energy ministry said on Tuesday.Due to the destruction of energy infrastructure during its 14-year civil war…

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