Oil And Gas News

 

Strohm, UNITECH Unite for Enhanced Subsea Pipeline Solutions

Feb 19, 2025

Thermoplastic composite pipe (TCP) manufacturer Strohm, and provider of subsea connection systems UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize an integrated system for the transportation of fluids and gases…

EnerMech Nets Long-Term Job at Qatar’s Largest Offshore Oil Field

Feb 19, 2025

Energy industry services firm EnerMech has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services at Al Shaheen oil field, offshore Qatar.The contract extension for the Al Shaheen Oil Field for NOC…

Tokyo Gas Enters LNG Market in Philippines

Feb 19, 2025

Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG…

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

Feb 19, 2025

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a company executive and LSEG vessel tracking data seen on Tuesday…

DOF’s Skandi Implementer Vessel Returns to GoM for Two Subsea Projects

Feb 19, 2025

Norwegian offshore supply vessel operator DOF Group has secured contracts for two subsea construction projects which will be executed with its Skandi Implementer subsea vessel.Skandi Implementer, which recently departed Mexico following contract termination after payment default from a client…

Prosafe Sells Safe Concordia Flotel

Feb 19, 2025

Offshore accommodation rig provider Prosafe has signed an agreement with an undisclosed party for the sale of its Safe Concordia semi-submersible flotel.Prosafe signed the deal through its wholly-owned subsidiary for the gross price of $5 million before commissions and expenses…

TGS Secures New Multi-Client Survey in Barents Sea

Feb 19, 2025

Norwegian seismic firm TGS has secured a new multi-client 3D streamer acquisition and processing project in the Goliat area of the Norwegian Barents Sea.The new GeoStreamer survey will span up to 1,600 square kilometers over recent discoveries such as Countach…

Scana’s Seasystems Hooks Mooring Deal for FLNG Scheme

Feb 19, 2025

Scana-owned Seasystems has signed a contract for the delivery of mooring equipment to a floating liquefied natural gas (FLNG) project, worth up to $6.7 million.The delivery consists of mooring equipment such as chain stoppers, chain handling systems…

Valaris Retires Three Semi-Subs, Sells One Jack-Up Drilling Rig

Feb 19, 2025

Offshore drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its fleet rationalization efforts, which also included the sale of one jack-up rig for $24 million.The semi-submersible rigs to be retired from Valaris fleet are VALARIS DPS-5…

TotalEnergies, Air Liquide Join Forces for OW-Powered Green Hydrogen Production

Feb 18, 2025

TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands for the delivery of green hydrogen, produced mainly by offshore wind power from the OranjeWind project, which will be used to decarbonize its refineries in Northern Europe…

Transocean Promotes Adamson to CEO

Feb 18, 2025

Offshore drilling contractor Transocean has announced a plan for key leadership changes, appointing the company’s current chief operating officer (COO) Keelan Adamson to the position of chief executive officer (CEO), following a transition period…

Rhino Finds Hydrocarbons in Orange Basin Block Offshore Namibia

Feb 18, 2025

Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was spud on December 18, 2024 using Noble’s drillship Noble Venturer…

ExxonMobil Targets 180,000 bpd of Oil at Guyana’s Hammerhead Project

Feb 18, 2025

A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead, according to a document published by the country's environmental agency on Monday…

Woodside Negotiating with at Least Three Partners for Louisiana LNG

Feb 18, 2025

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…

Chevron-Led Group, Egypt’s EGAS In Talks for Gas Export Offshore Cyprus

Feb 18, 2025

Chevron-led consortium, in charge of the development of Aphrodite field offshore Cyprus, has signed a non-binding memorandum of understanding (MoU) with the Egyptian national gas company EGAS for the export of gas from the field to Egypt.The MoU was signed by Chevron-led consortium…

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