Oil And Gas News

 

PSW Technology Renews Subsea Services Deal with Rig Operator

Oct 30, 2024

Drilling industry services provider PSW Technology, owned by Norwegian company Scana, has signed signed a renewal of a frame agreement with an international rig company for subsea support services.The framework agreement will begin in the first quarter of 2025 and extend for a period of two years…

EnerMech Delivers Export Pipelines Services for Gulf of Mexico Deepwater Project

Oct 30, 2024

The U.K.-based energy industry services firm EnerMech has completed a pre-commissioning project for a major U.S. energy infrastructure company in the Gulf of Mexico, providing a turn-key service for the delivery of specialized work for oil and gas export pipeline…

CEP Taps Zenith Energy for Well Management Services Offshore Poland

Oct 30, 2024

Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…

DeepOcean to Deliver Subsea Services for Vår Energi’s Oil Fields Off Norway

Oct 30, 2024

Ocean services provider DeepOcean has secured an inspection, maintenance and repair (IMR) contract from Vår Energi for Goliat and Balder fields offshore Norway.The scope of work, scheduled for 2025, also includes additional light construction work to be completed within the same year…

Aker BP Reports Quarterly Profit Decline

Oct 30, 2024

Norwegian oil firm Aker BP, partly owned by BP, on Wednesday reported a bigger-than-expected decline in third-quarter operating profit, but said its full-year output would be in the upper-half of its forecast.The group's profit before interest and tax fell to $1…

SLB OneSubsea to Deliver Critical Subsea Equipment for BP’s Kaskida Field

Oct 29, 2024

SLB OneSubsea joint venture has secured a contract by BP to deliver a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.The award marks the latest milestone in the long-standing…

Second Oil Train for Energean Power FPSO Completes Lift-Off (Video)

Oct 29, 2024

Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel.The post-lift, installation and commissioning activities are expected to take up to six months to complete…

TotalEnergies Joins Reach Subsea’s Reach Remote USV Pilot Program

Oct 29, 2024

Norwegian subsea services firm Reach Subsea has brought in TotalEnergies to its Reach Remote uncrewed surface vessel (USV) qualification program, which joins Equinor and other industry majors as partner in the pilot program.The pilot project includes a variety of relevant survey…

Triton FPSO Outage Prompts Serica Energy to Reduce Production Outlook

Oct 29, 2024

UK-based oil firm Serica Energy has slightly decreased its production forecast for 2024, following the outage at its Triton floating production, storage, and offloading (FPSO) unit  in the North Sea.Serica Energy plc said the production via…

BP’s Profit Drops 30% to Almost Four-Year Low

Oct 29, 2024

BP on Tuesday reported a 30% drop in third quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results.The drop in profit from a year earlier was, however, smaller than expected…

TotalEnergies Makes Additional Gas Discovery at Harald Field in Danish North Sea

Oct 29, 2024

TotalEnergies has discovered additional gas condensate resources in the new well at the Harald field in the Danish North Sea, which could start producing through the existing Harald and Tyra facilities before the end of 2024.Located in shallow waters…

Mammoet Assists with Noble’s Regina Allen Jack-Up Repair

Oct 28, 2024

Mammoet has been hired by shipbuilder and ship repair company Damen Shiprepair to assist with a jack-up leg repair for the Noble Corporation drilling rig Noble Regina Allen, reducing the downtime of the rig during retrofit process.Initially…

Petrobras Hires Baker Hughes to Supply Flexible Pipe Systems for Brazil Oil Fields

Oct 28, 2024

Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil.Baker Hughes will provide 77 km of flexible pipe systems…

Vantage Drilling Starts Trading on Oslo Stock Exchange

Oct 28, 2024

Offshore drilling contractor Vantage Drilling has listed its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.The company’s shares on Euronext Growth Oslo have been listed since October 28, 2024, under the ticker code VDI…

Portugal's Galp Record 22% Profit Fall with Less Oil Output

Oct 28, 2024

Portugal's Galp Energia on Monday posted a 22% fall in third-quarter adjusted core profit, hit by lower oil output and a sharp drop in refining margins, but earnings still beat estimates for the period.The energy firm reported adjusted earnings before interest…

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