Oil And Gas News

 

Global Gravity Names New CEO

Jan 06, 2025

Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1…

Talos Energy Shifts Management Team as Search for CEO Nears End

Jan 06, 2025

U.S. oil and gas company Talos Energy has informed that Joseph Mills has resigned as Interim President and Chief Executive Officer (CEO) and a member of the board, as the appointment of permanent CEO reaches final stage.Joseph Mills will leave the company to pursue other opportunities…

Galp Launches Investigation Into Alleged CEO's Conflict of Interests

Jan 06, 2025

Portuguese oil company Galp Energia is investigating an anonymous complaint about an alleged personal relationship between Chief Executive Filipe Silva and a company manager, economic website ECO reported on Saturday.Galp's ethics committee…

Equinor’s Troll Field Breaks Gas Production Record

Jan 06, 2025

In 2024, Equinor’s Troll field in the North Sea produced more gas than ever before, while significantly reducing CO2 emissions.The Troll field in the North Sea has set a historic production record, delivering 42.5 billion standard cubic metres of natural gas in 2024…

Tullow Oil Gets $320M Ghana Ops Tax Exemption

Jan 06, 2025

Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.The International Chamber of Commerce (ICC) ruled that the Branch Profit Remittance Tax (BPRT)…

Australian Oil and Gas Firm Joins Sonangol’s Offshore Block in Angola

Jan 06, 2025

Australian oil and gas company Red Sky Energy has signed a risk service contract with the Angolan National Agency for Oil, Gas and Biofuels (ANPG), acquiring 35% interest in Sonangol-operated Block 6/24 in the Kwanza Basin, offshore Angola.Sonangol…

Strategic Marine Delivers Offshore Crew Transfer Vessel to AES

Jan 06, 2025

Singapore-based shipbuilder Strategic Marine has delivered its first Surface Effect Ship (SES) to All Energies Services (AES), specifically designed for offshore crew transfer operations within the oil and gas sector.The contract marks a major…

Biden Expected to Ban Oil and Gas Development on Millions of Offshore Acres

Jan 05, 2025

President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.The ban, to be announced on Monday, rules out the sale of drilling…

Compressor Failure Shuts Down Equinor's Hammerfest LNG Plant

Jan 02, 2025

Equinor's Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a compressor failure, halting all output for one week, according to a regulatory statement on the Gassco web site on Thursday.The Hammerfest plant…

Vantage, TotalEnergies Launch JV Set to Acquire Tungsten Explorer Drillship

Jan 02, 2025

Offshore drilling contractor Vantage Drilling and French energy major TotalEnergies have created a joint venture (JV) entity TEVA Ship Charter, which will acquire Vantage’s drillship Tungsten Explorer.Subsequent to the completion of the current Tungsten Explorer contract in Congo…

Noble’s Semi-Sub Drilling Rig Secures Work Off Australia

Jan 02, 2025

Offshore drilling contractor Noble Corporation has secured a contract for its semi-submersible drilling rig Ocean Apex offshore Australia.The new contract, with undisclosed client, is for a minimum 37 days, and will begin in direct continuation of the rig’s prior commitments in Australia…

BP’s Greater Tortue Ahmeyim Produces First Gas in West Africa

Jan 02, 2025

BP has started gas flow from Greater Tortue Ahmeyim (GTA) Phase 1 deepwater project, offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows to the floating production storage and offloading (FPSO) vessel for the next stage of commissioning…

CNOOC’s South China Sea Oil Field Goes On Stream

Jan 02, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream its Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment joint development project in eastern South China Sea.The project…

First Oil Starts Flowing from FPSO Atlanta Off Brazil

Jan 02, 2025

Brazilian oil and gas company Brava Energia has started production from the Atlanta floating, production storage, and offloading (FPSO) unit offshore Brazil.The achievement makes Brava Energia the first independent oil and gas company in the…

McDermott Opens Technology Center in Dubai

Jan 01, 2025

McDermott has opened a welding and technology center of excellence at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. It encompasses over 4,100 square meters of office and workshop space and capacity for 250 personnel.The new premises…

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NKT Expands Swedish Cable Acce

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