Oil And Gas News

 

Petrofac Extends Contract with BP for North Sea Portfolio

Apr 15, 2024

Oilfield services provider Petrofac has secured a contract extension with BP to continue work on its North Sea portfolio.Maintenance and engineering services will be provided under the terms of the three-year, multi-million-dollar contract.“Petrofac has supported bp in the North Sea for 15 years…

Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development

Apr 15, 2024

Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana.The go-ahead from ExxonMobil Guyana…

SBM Offshore Hooks ExxonMobil’s Jaguar FPSO Contract

Apr 12, 2024

SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development project located in the Stabroek Block in Guyana.The ownership of the Jaguar FPSO will be transferred to ExxonMobil Guyana…

Brazil Judge Suspends Petrobras Chair Over Conflict of Interest

Apr 12, 2024

A Brazilian judge has suspended the chair of state oil firm Petrobras, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, a court decision seen by Reuters on Thursday showed.The ruling by Sao Paulo…

Enauta Moves Forward with 3R Petroleum Merger

Apr 12, 2024

Enauta has signed a memorandum of understanding (MoU) with 3R Petroleum and Maha Energy regarding the potential transaction involving the integration of Enauta and 3R’s activities, which would create one of the largest oil and gas companies in Latin America…

Subsea7 Secures Work with Talos Energy in Gulf of Mexico

Apr 12, 2024

Offshore services firm Subsea7 has secured a ‘sizeable’ contract with U.S. oil and gas company Talos Energy for its Sunspear development in the Gulf of Mexico.The project involves the subsea tie back of one production well at Sunspear to the Prince platform…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

Woodside Cancels Sale and Retains Ownership of Macedon and Pyrenees Assets

Apr 11, 2024

Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…

Tyra Redevelopment: Gas Export Starts from Satellite Field Harald

Apr 11, 2024

The Tyra Redevelopment Project (Tyra II) continues to progress according to plan with the start of processing and export of gas from the Tyra Satellite Harald field.The gas export from the Tyra Satellite Harald field was achieved in the evening of April 10…

Shelf Drilling Barsk Jack-Up on Extended Stay with Equinor Offshore Norway

Apr 11, 2024

Offshore drilling contractor Shelf Drilling has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field located offshore Norway.The firm term of the extension is two wells with an estimated duration of 254 days in total…

Stena Forth Drillship Up for Morocco Job as Energean Assumes Operatorship of Two Licenses

Apr 11, 2024

Moroccan authorities have approved the partnership agreement Chariot signed with Energean regarding the interest and operatorship of Lixus and Rissana licences, as Stena Drilling’s Stena Forth drillship gets the job for new appraisal well.The partnership agreements between Chariot and Energean…

Petrobras Finds Oil in Ultra-Deep Waters of Potiguar Basin

Apr 11, 2024

Petrobras has discovered an oil accumulation while drilling the Anhangá exploratory well in the ultra-deep waters of the Potiguar Basin, located in the Equatorial Margin.The well, located in the POT-M-762_R15 concession, is the second discovery in the Potiguar Basin in 2024…

LLOG Approves Who Dat East and South Drilling Campaign in Gulf of Mexico

Apr 09, 2024

Oil company LLOG has approved the drilling of Who Dat East and Who Dat South appraisal and exploration wells in the U.S. Gulf of Mexico.Who Dat East lies approximately 27 kilometers east of the Who Dat Floating Production System (FPS).The Who Dat East well…

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

Apr 09, 2024

Offshore drilling contractor Borr Drilling has secured work for three of its premium jack-up rigs, bringing in $158.6 million to the company.The new contracts are for the Prospector 1, Gunnlod, and a rig to be determined.  The commitments total 820 days and $158…

OKEA Makes FID for Brasse Field Development in North Sea

Apr 08, 2024

Norwegian oil and gas company OKEA, in collaboration with its partners DNO Norge, Lime Petroleum and M Vest Energy, has made a final investment decision (FID) for the Brasse development, located in the northern North Sea.The field is estimated…

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