Oil And Gas News

 

BP, Chevron Make Deepwater Oil Discovery in Gulf of America

Apr 14, 2025

BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.BP drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles (193 kilometers) off the coast of Louisiana in 4…

CNOOC Puts Into Production New Oil Field in South China Sea

Apr 14, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea.The main production facility is a new drilling and production platform…

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Apr 11, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling of Chuditch-2 appraisal well off Timor-Leste for public consultation.Sunda Energy…

Delfin Secures Key Permits for First Offshore LNG Export project in US

Apr 11, 2025

U.S.-based liquefied natural gas (LNG) export infrastructure development company Delfin Midstream has secured key permits and approvals for the construction of LNG projects, under development in Louisiana and offshore in the Gulf of America…

SBM Offshore Banks New $1.1B Loan for Floating Production Solutions

Apr 11, 2025

Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks.The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026…

BP Expects Lower First-Quarter Upstream Production

Apr 11, 2025

British oil and gas producer BP said on Friday that reported upstream production in the first quarter is expected to be lower compared to the previous quarter.BP expects earnings in its oil production and operations segment to be broadly flat from the previous quarter…

Petrobras Extends Noble Discoverer’s Stay off Colombia

Apr 11, 2025

U.S. offshore drilling contractor Noble Corporation has secured a contract extension with Petrobras for its Noble Discoverer semis-submersible rig offshore Colombia.Petrobras Colombia has exercised, extending the contract for Noble Discoverer rig for an additional 390 days…

Brazil Prepares Extra 2025 Auction

Apr 10, 2025

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to boost revenue, a plan gaining steam amid falling oil prices and rising global trade uncertainty, said four people familiar with the matter.Two of the sources…

Petrobras Eyes Exploration Opportunities in India

Apr 10, 2025

Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.Petrobras has already collected data…

Zenith Energy Wraps Up Well Ops at CEP’s Field off Poland

Apr 10, 2025

Well engineering consultancy and project management firm Zenith Energy has delivered the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) at its Wolin concession in the Baltic Sea, offshore Poland.Zenith Energy was hired to provide full well management…

Tyra II Starts Operating at Full Technical Capacity

Apr 10, 2025

Denmark’s largest offshore gas development, the Tyra hub in the North Sea, has been restarted with full technical capacity achieved on the facilities, following the completion of repairs which impacted the production.BlueNord, the partner in…

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Apr 10, 2025

Pakistan's Oil and Gas Development Company Limited (OGDC) expects to start production in Abu Dhabi's Offshore Block-5 by 2027, while also increasing domestic oil and gas output and diversifying into minerals, its CEO said on Wednesday.OGDCL…

Petrovietnam, Petronas Extend PSC for Offshore Block

Apr 09, 2025

Vietnam's state oil firm Petrovietnam and Malaysia's Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday…

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Apr 09, 2025

Malaysia-based offshore services firm Sapura Energy, through its wholly owned subsidiary Sapura Fabrication, has secured a contract for maintenance, construction, and modification services for offshore facilities in Malaysia, worth $8.9 million…

UK First: CO2 Injection Test for Poseidon CCS Wraps Up at Perenco’s North Sea Field

Apr 09, 2025

UK’s first CO2 injection test for the Poseidon carbon capture and storage (CCS) project, which will store CO2 at Perenco-operated Leman gas field in Southern North Sea, has been completed.The test involved the injection of CO2 into a depleted natural gas reservoir in the UK’s Southern North Sea…

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