Oil And Gas News

 

North Sea Oil Producers Urge Labour's Starmer for Tax Clarity

Jul 05, 2024

North Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue.Starmer's Labour Party swept to power in a parliamentary election on Thursday…

Elemental Energies Fuels North Sea Expansion with Norway’s Wells Specialist Buy

Jul 05, 2024

Scotland-based wells and subsurface specialist Elemental Energies has acquired Norway-based well management and consultancy company Well Expertise, forming one of the world's largest specialist wells, subsurface and project management companies…

TotalEnergies Extends Contract for Shelf Drilling’s Jack-Up Rig

Jul 05, 2024

Offshore drilling firm Shelf Drilling has secured a contract extension from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig.The new contract is for 17 months, and will be in direct continuation of the rig’s current operations in Denmark…

Aramco Denies Media Reports of Potential Offer for Santos

Jul 05, 2024

Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…

Aramco, ADNOC Reportedly Weighing Bids for Australia's Santos, but Analysts Skeptical

Jul 04, 2024

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…

SLB OneSubsea Gets TotalEnergies’ Kaminho Deepwater Job Off Angola

Jul 04, 2024

SLB, through its OneSubsea joint venture, has secured a contract from TotalEnergies to provide subsea production system, including associated equipment and services, for the development of Kaminho project, offshore Angola.SLB OneSubsea, a joint venture between SLB…

Sinopec Strikes Large Oil, Gas Flow at South China Sea Well

Jul 03, 2024

China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.The well, Hai-3, a rare slanted well with a drilling depth of 4,600 meters (2.86 miles)…

First Oil Starts Flowing at Winterfell Field in US Gulf of Mexico

Jul 03, 2024

Texas-based exploration and production company Beacon Offshore Energy has achieved first oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.Winterfell is a phased development with the initial two…

TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country

Jul 03, 2024

French oil major TotalEnergies has notified South Africa's petroleum regulator that it intends to withdraw from its 11B/12B offshore gas field but has yet to submit a formal request to do so, a source at Petroleum Agency SA said.TotalEnergies…

Trident Energy Ready to Restart Drilling Off Equatorial Guinea

Jul 03, 2024

Oil and gas company Trident Energy has welcomed Noble Corporation’s Noble Venturer drillship for a new drilling campaign offshore Equatorial Guinea, expected to begin shortly.Trident Equatorial Guinea is the operator of Block G in the Ceiba and Okume complex fields offshore Equatorial Guinea…

ADNOC Drilling Secures $733M Order for Three Island Rigs for Zakum Offshore Field Ops

Jul 03, 2024

ADNOC Drilling has secured a contract from ADNOC Offshore, valued $733 million, to build three island drilling rigs in support of the growing operations at the offshore Zakum field.The rigs will be designed and built as part of a partnership between ADNOC Drilling and Honghua Group (HH)…

SLB and TotalEnergies Form Long-Term Digital Solutions Partnership

Jul 02, 2024

TotalEnergies and SLB have joined forces to develop innovative subsurface digital solutions and contribute to a more sustainable hydrocarbon production, as well as to address key challenges across the energy value chain, including carbon capture…

Over a Dozen Oil Firms Line Up for Galp's Namibia Oil Prospect

Jul 02, 2024

Over 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's major oil discovery offshore Namibia, sources close to the sale process said.Galp's Mopane discovery…

Petronas Hires ABL for Rig Inspection Services in Indonesia

Jul 02, 2024

Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…

Blackford Dolphin Sets Sail for Drilling Ops with Oil India

Jul 02, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Blackford Dolphin semi-submersible drilling rig is on transit to India to start the contract with Oil India, following the termination of contract with General Hydrocarbons Limited (GHL) in Nigeria due to payment issues…

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