Oil And Gas News

 

Former Shell Senior Joins BP’s Board

Jul 08, 2025

BP has appointed Shell’s former chief financial officer (CFO) Simon Henry as its non-executive director.Effective September 1, 2025, Henry will join BP’s board. He is currently a non-executive director of Rio Tinto plc and Rio Tinto Limited…

OKEA Spuds Exploration Well in North Sea

Jul 08, 2025

Norwegian oil and gas company OKEA has spudded an exploration well at the Brage field in the North Sea, offshore Norway, as part of the three-well drilling campaign.The exploration well, to be drilled in the southern part of the Talisker discovery…

Shelf Drilling’s Jack-Up Rig to Stay with Eni off Italy

Jul 08, 2025

Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…

McDermott Lands Brava Energia’s Job off Brazil

Jul 07, 2025

McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…

Santos and QatarEnergy Agree Mid-Term LNG Supply

Jul 07, 2025

Santos has signed a mid-term liquefied natural gas (LNG) supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026 with LNG being supplied from Santos’…

Subsea7 Gets Work Offshore Egypt

Jul 07, 2025

Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Jul 07, 2025

SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…

Valaris Scoops $760M for Two Drillship Contracts

Jul 07, 2025

Offshore drilling contractor Valaris has secured work for two of its drillships in the Gulf of America.Valaris has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18…

Petronas Set for Three-Well Drilling Campaign off Suriname

Jul 07, 2025

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired…

Exxon, Hess Dispute Over Chevron Deal Nears Resolution

Jul 07, 2025

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess…

Floatel Secures Longer Stay for Accommodation Rig off Australia

Jul 03, 2025

Offshore accommodation rig provider Floatel International has secured another contract offshore Australia for its Floatel Tirumph accommodation rig.The assignment is for approximately 35 days with an option for the client to extend. The expected start date is in the fourth quarter of 2026…

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

Jul 03, 2025

Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has secured a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main contractor for the Phase XI…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

Jul 03, 2025

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

TotalEnergies to Keep West of Shetland Offshore Assets as Prax Files for Liquidation

Jul 03, 2025

The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company…

Brazil Plans Additional Offshore Oil Auction for 2025

Jul 03, 2025

Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way for the sale, a senior energy official said on Wednesday.The government…

Current News

Norway Oil and Gas Investment Expected to Drop in 2026

Norway Oil and Gas Investment

QatarEnergy Receives Offshore Exploration License From Libya

QatarEnergy Receives Offshore

Libya Awards First Oil Blocks Since 2007 to Chevron, Eni

Libya Awards First Oil Blocks

TGS Embarks on Multi-Client 2D Survey off Angola

TGS Embarks on Multi-Client 2D

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