Mermaid Subsea Services has completed the first stage of a major North Sea decommissioning contract for Shell, ahead of the next phase scheduled to begin in 2025.Delivered ahead of schedule, the initial phase of the multi-year campaign involved…
Italian oil giant Eni has completed the sale of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities, to Ithaca Energy, taking approximately 38.7% stake in the London-listed company.The combination is funded through…
Aker BP has proven gas in an appraisal well in the Norwegian Sea, confirming also the size of previous discoveries made in 2022.The 6507/2-7 S well, located around 12 kilometers west of the Skarv field, was drilled to confirm the size of the…
Canada-based oil and gas company Valeura Energy has informed that the Nong Yao C extension, which started production in mid-August 2024, boosted the output from Nong Yao field offshore Thailand for 66%.In early August 2024, Valeura Energy completed drilling operations on the Nong Yao C extension…
Australian gas supplier Santos has signed a mid-term LNG supply contract with TotalEnergies’s Singapore subsidiary, TotalEnergies Gas & Power Asia.The contract is to supply 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per year over a period of 3 years plus one quarter…
AGR, part of Oslo-listed ABL Group, has secured a long-term frame agreement with Equinor to provide subsurface and field development support related to project developments of facilities, offshore installations and onshore plants.Under the agreement…
Serica Energy has informed that the B6 well on the Bittern field, which started initial flowback to the Triton FPSO in September 2024, is now producing at a stable rate.The well is producing oil and gas at a combined gross rate of around 8,000 boepd…
Brazilian state-run oil company Petrobras has received approval from its board to acquire a 10% stake from TotalEnergies in Deep Western Orange Basin (DWOB) block, offshore South Africa.The DWOB block is located in deep waters in the Orange Basin…
TotalEnergies has made the final investment decision (FID) for the GranMorgu development in Block 58 offshore Suriname, which includes Sapakara and Krabdagu oil discoveries.The GranMorgu project will develop the Sapakara and Krabdagu oil discoveries…
The Norwegian Offshore Directorate (NOD) has issued a ‘challenge’ for the industry to have another go at Victoria discovery, one of the largest remaining gas discoveries in the Norwegian Sea, as the innovations within hydraulic fracturing now…
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year…
French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the South American country's first, said four sources with knowledge of the project…
German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…
ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well drilling campaign as part of unconventional oil and gas exploration program in Abu Dhabi, set for delivery by the fourth quarter of 2025…
TGS, a global provider of energy data and intelligence, has signed a strategic partnership with Aker BP contributing to digitalize the operations of the Yggdrasil oil and gas area.This agreement builds on the ongoing collaboration between the…
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