Oil And Gas News

 

Seatrium Picks Sulzer’s Equipment for Petrobras’ FPSOs

Nov 21, 2025

Swiss-based equipment supplier Sulzer has secured an order to supply multiple water injection packages to Seatrium for Petrobras’ next generation P-84 and P-85 floating production storage and offloading (FPSO) vessels.To support the construction of both vessels…

ExxonMobil Ends Force Majeure, Targets First LNG From Mozambique in 2030

Nov 21, 2025

Exxon Mobil said on Thursday it has lifted force majeure on a large liquefied natural gas project in Mozambique called Rovuma LNG.The company paused work after French oil major TotalEnergies also declared force majeure on its separate LNG project…

Trump Proposal Opens California Coast to Drilling, Drawing Fierce Opposition

Nov 21, 2025

President Donald Trump's administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline…

Industry Responds Positively to US Offshore Lease Proposal

Nov 20, 2025

This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program…

Norway Misses Production Forecast as October Output Slips

Nov 20, 2025

Norway's combined oil and gas production lagged an official forecast by 3% in October, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

DNO Enlists AGR to Assess North Sea Reserves and Resources

Nov 20, 2025

Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…

Norway Issues Permits for Equinor’s Drilling Ops in North Sea

Nov 20, 2025

The Norwegian Offshore Directorate has granted Equinor drilling permits for two wildcat wells in the North Sea.The permits are for wellbore 33/12-N-3 GH in production license 037 B/152 and 33/12-N-3 HH in production license 037 B/277.Equinor is the operator of Equinor of the licenses…

Blackford Dolphin Semi-Sub to Keep Drilling Offshore India

Nov 20, 2025

Oil India has exercised its option to extend the drilling contract with Dolphin Drilling for the semi-submersible rig Blackford Dolphin.Further to the initial three-well firm campaign over an estimated 14-month duration, agreed in March 2024…

Aker BP Extends Deepsea Nordkapp’s Stay off Norway

Nov 20, 2025

Offshore drilling contractor Odfjell Drilling has received confirmation from Aker BP that it will extend the firm contract period for use of the Deepsea Nordkapp semi-submersible rig by one year.With this signed confirmation, the Deepsea Nordkapp extends its firm contract backlog to the end of 2027…

TotalEnergies, Chevron Lead Bidding for Galp’s Namibia Oil Find

Nov 20, 2025

Oil majors TotalEnergies and Chevron have emerged as front-runners in the auction for a 40% operating stake in Galp's Mopane discovery in Namibia, four sources told Reuters.Oil companies have flocked to Namibia, which has no hydrocarbon production…

Aramco Expands US Partnerships with $30B in New Deals

Nov 20, 2025

Saudi Aramco has signed 17 memoranda of understanding and agreements with U.S. companies, with a potential total value exceeding $30 billion, expanding its network of partnerships in sectors ranging from LNG and advanced materials to financial services…

Strike Threat Looms Over Woodside’s Pluto 2 LNG Expansion

Nov 20, 2025

A union group applied to Australia's labour tribunal on Thursday for permission to strike at Woodside Energy's Pluto 2 project before the end of the year, in a battle over pay at the under-construction facility.A strike by construction workers…

Australia Opens Consultation on Decommissioning Planning and Finance

Nov 19, 2025

The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

DeepOcean Gets Subsea Tie-Back Job in UK

Nov 19, 2025

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the U.K. continental shelf.The field is being developed as a subsea tieback to an existing host facility…

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