Oil And Gas News

 

OKEA and DNO Exchange Stakes in Mistral and Horatio Prospects Off Norway

Dec 19, 2024

Norwegian oil and gas companies DNO and OKEA have entered into swap agreement to exchange 10% interests in production licenses that contain Mistral and Horatio prospects.As part of the agreement, DNO Norge will pick up 10% interest in PL1119 containing the Mistral prospect…

Woodside and Chevron Swap Australian Oil and Gas and CCS Assets

Dec 19, 2024

Woodside and Chevron have agreed an asset swap in Australia to streamline their portfolios of oil and gas, liquefied natural gas (LNG), and carbon capture and storage (CCS) projects.Woodside will acquire Chevron’s interest in the North West Shelf (NWS) Project…

NAM Extends BrandSafway’s Maintenance Contract for North Sea Assets

Dec 18, 2024

Brand Energy & Infrastructure Services by BrandSafway has secured a six-year extension to its maintenance term contract with oil and gas production company NAM Offshore for its assets in Southern North Sea.With a strong focus on safety and productivity…

Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan

Dec 18, 2024

BG International, a unit of oil major Shell operating in Suriname, plans to submit a plan to the South American country's environmental agency for drilling up to four exploration wells at offshore Block 65, according to a company document seen on Tuesday…

Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil

Dec 18, 2024

Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025…

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Dec 18, 2024

Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction…

TechnipFMC to Supply Subsea Production System for Shell’s Nigerian Deepwater Project

Dec 18, 2024

Oilfield services company TechnipFMC has secured a contract with Shell’s subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria…

Transocean’s Drillship to Stay in India Under New $111M Deal

Dec 18, 2024

India-based oil company Reliance Industries Limited has exercised an option under the previously agreed firm contract with Transocean for its Dhirubhai Deepwater KG1 drillship.Offshore drilling contractor Transocean informed that a four-well…

Brava Energia Starts Sale Process for 11 Potiguar Basin’s Oil and Gas Concessions

Dec 17, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…

Delmar Signs Up Lankhorst for Culzean Floating Wind’s Mooring Lines

Dec 17, 2024

Lankhorst Offshore has secured a contract to supply mooring lines to for the Culzean floating wind project in Scotland, set to provide clean power to oil and gas platform in the North Sea.Lankhorst Offshore has been awarded a contract by Delmar Systems…

Kosmos Energy Cancels Tullow Oil Takeover

Dec 17, 2024

U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, prompting a 10% drop in Tullow's shares.Kosmos' announcement comes less than a week…

Expro Teams Up with Petrobras for New Well Flowmeter Tech

Dec 17, 2024

U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells.The technology will provide flow rates and identify flow patterns…

Perenco Wraps Up Acquisition of BP’s Mature Gas Fields Off Trinidad and Tobago

Dec 17, 2024

Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…

Petrobras Hires Constellation’s Drillship for Work Offshore Brazil

Dec 17, 2024

Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin…

Equinor Makes Oil and Gas Discovery Near Troll Field in North Sea

Dec 17, 2024

Equinor and its partners DNO and Petoro have made an oil and gas discovery west of the Troll field in the North Sea, currently estimated at between 2 and 12 million barrels of oil equivalent.The discovery, made 17 kilometers from the Troll field…

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