Oil And Gas News

 

ASCO Gets Repsol’s Base and Logistics Services Contract in Norway

Apr 03, 2025

Global integrated logistics and materials management specialist ASCO has been awarded a three-year contract, with options, to provide base and logistics services for Repsol Norge in Tananger and Farsund in Norway.The agreement covers a comprehensive range of services…

Worley Secures Work on German LNG Terminal

Apr 03, 2025

Worley has secured a contract by German state-owned Deutsche Energy Terminal (DET) for Phase 2 of the Brunsbüttel Floating Storage Regasification Unit (FSRU) terminal in Brunsbüttel, Germany.Under the contract, Worley will provide construction…

Miros Launches Cloud-based Oil Spill Detection Monitoring Tool

Apr 03, 2025

Miros expanded its product line with the launch of the Oil Spill Detection (OSD) Monitoring application in Miros Cloud.Designed to run on top of Miros’ OSD system, the solution introduces a new level of real-time visibility, centralized collaboration…

Former Shell Executive to Lead Nigeria’s State-Run Oil Firm

Apr 03, 2025

Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former Shell executive, to head the state-owned oil firm NNPC Ltd as the country seeks to raise oil production and revitalise its refining capacity, the presidency said on Wednesday…

Aker BP, SLB, Stimwell Renew Alliance for Boosting Oil Production

Apr 03, 2025

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…

TotalEnergies Terminates Contract for Shelf Drilling’s Jack-Up Rig

Apr 03, 2025

Offshore drilling firm Shelf Drilling has received a notice of contract termination from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig, operating offshore Denmark.Under the notice and in accordance with the contract, the termination will be effective during August 2025…

BP Starts Up Cypre Gas Project Off Trinidad and Tobago

Apr 03, 2025

BP Trinidad and Tobago has started production from its Cypre gas project, off the southeast coast of Trinidad within the East Mayaro Block.Cypre is one of BP’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of its reset strategy to grow the upstream…

TWMA Lands Long-Term Drilling Waste Management Job for TotalEnergies

Apr 02, 2025

Specialist drilling waste management company TWMA has secured a three-year contract with TotalEnergies UK for its drilling waste management services.Agreed following a call for tender, the contract started in October 2024 and includes the option for extension…

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Apr 02, 2025

INEOS Energy has completed the acquisition of CNOOC’s oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day. The completion of the deal marks the third major investment by INEOS Energy in the United States…

BW Energy Gets Golfinho Production Extension Off Brazil Until 2042

Apr 02, 2025

Oil and gas company BW Energy has been granted extension to the Golfinho license production phase to 2042 by the Brazilian oil and gas regulator ANP.The production phase under the Golfinho concession contract has been extended to 2042 from previously 2031…

Saipem Nets $720M for Offshore Work in Middle East and Guyana

Apr 02, 2025

Italian offshore energy services firm Saipem has secured new offshore contracts in Middle East and Guyana, worth approximately $720 million.The first contract encompasses the engineering, procurement, construction and installation (EPCI) activities…

Petrofac Scoops $500M Worth of Contracts So Far in 2025

Apr 01, 2025

Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards – which realize growth in Asset Solutions’ core markets and target growth geographies…

Smulders Acquires HSM Offshore Energy

Apr 01, 2025

Eiffage, through Eiffage Métal’s Belgian subsidiary Smulders, has signed an agreement for the acquisition of HSM Offshore Energy to strengthen its expertise in the offshore energy market.HSM Offshore Energy is an integrated solution provider in Engineering…

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Apr 01, 2025

At least 63 people were being treated in hospitals in Malaysia on Tuesday after a major blaze at a gas pipeline operated by state energy firm Petronas, authorities said, with efforts ongoing to control the fire and evacuate residents.The fire…

Serica Energy Lowers 2025 Output Forecast Due to Triton FPSO Issues

Apr 01, 2025

British oil and gas group Serica Energy lowered its outlook for 2025 total production on Tuesday, pressured by production delays at its Triton floating production storage and offloading unit in the North Sea.Serica has increased production through acquisitions and investments in recent years…

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