Oil And Gas News

 

Shelf Drilling Nets First Dutch North Sea Job with Tenaz Energy

Aug 08, 2025

Offshore drilling contractor Shelf Drilling, through its subsidiary Shelf Drilling (North Sea) (SDNS), has secured a contract for the Shelf Drilling Winner jack-up rig with Tenaz Energy for operations in the Dutch North Sea.The firm term of the contract is one year…

Equinor Officially Opens Norway’s Northernmost Oil Field

Aug 08, 2025

Equinor’s Johan Castberg field, Norway's northernmost oil field in Barents Sea that came on stream earlier in 2025, was officially opened by the country’s top officials.Johan Castberg field will produce for at least 30 years, delivering 220…

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Aug 08, 2025

Cheniere Energy, through Cheniere Marketing, and JERA have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA), running until 2050.Under the SPA, JERA has agreed to purchase approximately 1.0 million tonnes per annum…

ExxonMobil Starts Drilling off Australia with Valaris Jack-Up Rig

Aug 08, 2025

Esso Australia, ExxonMobil’s Australian subsidiary, has started drilling for the nearly $200 million Kipper 1B project, which will bring online much-needed additional gas supply from the Gippsland Basin.The project is using Valaris’ VALARIS…

AIQ, SLB Partner Up to Deploy AI Tool Across ADNOC’s Subsurface Ops

Aug 07, 2025

Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, have teamed up to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations…

ConocoPhillips’ Profit Exceeds Expectations

Aug 07, 2025

ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the energy producer said on Thursday, after beating Wall Street estimates for second-quarter profit.Shares of the company rose nearly 2% in premarket trade.The asset sale, expected to close at the beginning of the fourth quarter…

UK Firm Nets Multi-Year Decommissioning Job in North Sea

Aug 07, 2025

Offshore well plug and abandonment specialist Well-Safe Solutions has secured a multi-year contract by EnQuest for decommissioning work in the U.K. North Sea.The firm scope, expected to generate revenue in excess of $45 million, will be executed…

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Aug 07, 2025

Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…

Seadrill Drillship Pair Lines Up Work in Gulf of America

Aug 07, 2025

Offshore drilling contractor Seadrill has secured contracts with Talos Energy and Murphy Oil for two of its drillships for operations in the Gulf of America.The first contract is with Talos Energy for the West Vela drillship for two-well drilling job…

Golar Secures FLNG Charter Deal for Argentina’s LNG Scheme

Aug 07, 2025

Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG.The key commercial terms for the 20-year charter…

Israel’s Leviathan Partners Expand Egypt Gas Deal with $35B Supply Boost

Aug 07, 2025

The partners in Israel’s Leviathan gas field have signed an amendment to their existing export agreement with Blue Ocean Energy, significantly increasing natural gas volumes destined for Egypt.Under the revised deal, total contracted volumes…

Harbour Energy Boosts Production Outlook After Wintershall Deal

Aug 07, 2025

North Sea-focused Harbour Energy raised its annual free cash flow and production forecast on Thursday, bolstered by robust production following the integration of the Wintershall Dea portfolio and cost control in the first half of the year.The…

SBM Offshore Ups 2025 Revenue Forecast After Strong Half-Year Results

Aug 07, 2025

Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025.The company, which provides floating production services to the offshore energy industry…

Yinson Production Completes Buy-Out of FPSO Atlanta Project Loan

Aug 06, 2025

Yinson Production has agreed to and completed the buy-out of the project loan related to FPSO Atlanta from Brava Energia.At the time of the completion of the transaction, the principal amount outstanding under the project loan was approximately $408…

Tullow Oil’s New Well off Ghana Delivers ‘Better Than Expected’ Net Pay

Aug 06, 2025

Tullow Oil has restarted the drilling campaign at Jubilee field offshore Ghana, with the first well that came onstream delivering ‘better than expected’ net pay during drilling operations with Noble Corporation’s Noble Venture drillship.Tullow Oil brought the the J72-P well…

Current News

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US Judge Overturns Trump’s Fre

EnerMech Gets Onboard Woodside’s Pluto Train 2 LNG Project

EnerMech Gets Onboard Woodside

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