Oil And Gas News

 

New Acquisition Bolsters Straatman's Maritime Manufacturing Expertise

Aug 26, 2025

Straatman has acquired Kraaijeveld Winches, a Dutch company specializing in the design and production of winches and related equipment for dredging, offshore, and maritime applications.The acquisition marks a strategic step in Straatman’s long…

BP Picks Bilfinger for Inspection Services Across North Sea Assets

Aug 26, 2025

Industrial services provider Bilfinger has secured a contract to provide inspection services using Non-Destructive Testing (NDT) across all of BP’s North Sea assets.This contract follows the recent three-year extension of Bilfinger’s existing insulation…

Nguya FLNG Unit to Set Sail for Next Phase of Eni's Congo LNG Project

Aug 26, 2025

Italian energy giant Eni has held the sail away ceremony for the Nguya floating liquefied natural gas (FLNG) unit in Shanghai, which is set to depart for Congo LNG project in the Marine XII concession, offshore the Republic of Congo.The Nguya unit…

Reach Subsea’s USV Heads to Australia for Work with Woodside Energy

Aug 26, 2025

Norwegian subsea services firm Reach Subsea has sent off its Uncrewed Surface Vessel (USV) Reach Remote 2 to Australia to deliver services for Woodside Energy.The Reach Remote 2 USV will perform reservoir monitoring on the Scarborough gas field…

Santos Grants More Time for Finalization of $18.7B ADNOC-Led Takeover Offer

Aug 26, 2025

Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

Aug 26, 2025

EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…

ExxonMobil Hires Shearwater for OBN Survey in Angola

Aug 26, 2025

Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…

MOL’s Cargo Vessel to be Jointly Used by Shell and TotalEnergies in Brazil

Aug 26, 2025

A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil.The vessel SeaLoader 1…

Work Underway at Three New Wells at Zohr Gas Field off Egypt

Aug 26, 2025

Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…

Vår Energi Hits Production Milestone as Jotun FPSO Continues Ramp-Up

Aug 26, 2025

Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…

Equinor Picks OneSubsea All-Electric Subsea Production System for North Sea Field

Aug 25, 2025

OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

Jadestone’s Flow Test Exceeds Expectations at Australian Offshore Oil Field

Aug 25, 2025

Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…

Triton FPSO Marks First Oil Lifting Following Production Restart

Aug 25, 2025

U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…

OKEA Makes Oil Discovery at Brage Field

Aug 25, 2025

Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…

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