TotalEnergies and its partners have signed a production sharing contract (PSC) extension for Block 17, located in deep waters offshore Angola.Block 17 is one of the country’s most prolific offshore oil exploration blocks and it is operated by TotalEnergies with Equinor…
Norwegian subsea services firm Reach Subsea has taken delivery of the REACH REMOTE 2 uncrewed surface vessel (USV), which is now ready for deployment in commercial projects.This milestone signifies the successful completion of REACH REMOTE 2…
Norwegian oil and gas operator DNO has completed the acquisition of Sval Energi Group from HitecVision, picking up 16 producing fields in Norway and quadrupling its North Sea production to 80,000 barrels of oil equivalent per day (boepd).DNO…
FourPhase, a solids and production performance specialist for the oil and gas industry, has secured a master service agreement (MSA) with Shell Trinidad and Tobago, for work on its topside offshore oil and gas platforms in the Caribbean.The MSA involves sand management and production optimization…
JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U…
The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the government told Reuters on Tuesday.A consortium by U…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for wellbore 7117/4-1 in production license 1238.The license is operated by Equinor with 40% working interest…
Baker Hughes, an energy technology company, has secured a contract from Equinor to provide its plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf.Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase…
Energy solutions business OEG has secured a multi-year helifuel services contract with a major U.K. operator.Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis…
Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…
Norwegian firms HTS Dynamics, Connector Subsea Solutions, and TESS Subsea have launched the Subsea Distribution Alliance, targeting complete control and unmatched performance across the entire subsea distribution value chain.The Subsea Distribution…
OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1…
U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105…
Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…
Offshore engineering solutions provider Aquaterra Energy has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.The project, which will initially…
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