Oil And Gas News

 

Valaris Wins Drillship Contract in West Africa

Mar 31, 2025

Valaris has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or in the third quarter 2026.The total contract value for the firm term is $352 million, excluding the provision of additional services…

Woodside Hires SLB for Trion Ultra-Deepwater Drilling Job off Mexico

Mar 31, 2025

Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.SLB will oversee the delivery of 18 ultra-deepwater…

US Revokes Licenses to Repsol, Eni, Maurel et Prom for Venezuelan Oil

Mar 31, 2025

U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain's foreign minister promised to defend Repsol's interests.President Donald…

Equinor Brings Norway’s Northernmost Field On Stream (Video)

Mar 31, 2025

The Johan Castberg oil field in the Barents Sea came has come on stream, strengthening Norway’s role as a long-term energy exporter.The Arctic field came online on March 31, at 10.35 local time.Expected to be in production for 30 years, Johan Castberg can produce 220…

Constellation-Operated Jack-Up Rig Up for Petrobras Job

Mar 31, 2025

Constellation, an offshore oil and gas drilling services provider in Brazil, has secured a new contract with Petrobras for the deployment of Admarine 511, a jack-up drilling rig owned by its commercial partner ADES Holding.The rig, operated by Constellation…

Valaris Rig Checks In at Jadestone Energy’s Montara Field Off Australia

Mar 31, 2025

Jadestone Energy, an Asia-Pacific focused oil and gas company, has informed that Valaris’ Valaris 247 jack-up rig has arrived on location at the Montara field offshore Australia for an upcoming drilling operation.Valaris 247 will drill the Skua-11 well side-track at the field…

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Mar 31, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil field discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place…

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Mar 28, 2025

Canada-based oil and gas company Valeura Energy has reported that all of its assets in the Gulf of Thailand remain operating safely, following a devastating earthquake that hit Myanmar, affecting the neighboring Thailand as well.At approximately 13:30 local time on Friday March 28…

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Mar 28, 2025

The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…

Salamander Floating Wind Farm Marks Consenting Progress

Mar 28, 2025

Salamander offshore wind farm, a project being developed by a joint venture between Ørsted, Simply Blue Group and Subsea7, has been awarded planning permission in principle for the onshore aspects of its proposed floating wind development.Located 35 km off Peterhead on the East Coast of Scotland…

Dolphin Drilling Appoints Permanent CEO and CFO

Mar 28, 2025

Oslo-listed offshore drilling firm Dolphin Drilling has appointed Jon Oliver Bryce as permanent chief executive officer (CEO) and Ingolf Gillesdal as chief financial officer (CFO).Jon Oliver Bryce has been appointed permanent CEO, effective immediately…

Equinor Picks Team for Multi-Well P&A Ops Off Norway

Mar 28, 2025

Equinor has awarded a three-year contract for well plugging on its operated fields on the Norwegian continental shelf (NCS) to Island Drilling for its Island Innovator semi-submersible rig, and hired Archer and Baker Hughes to provide plugging services…

ADNOC’s XRG Acquires Galp's Share in Mozambique Offshore Block

Mar 28, 2025

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique's Rovuma Basin.The Rovuma Basin, one of the largest gas discoveries in the past 15 years…

India Mulls Cutting US LNG Import Tax

Mar 28, 2025

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The…

Attack on Guyana, Exxon Would Be 'Bad Day' for Venezuela, Rubio Warns

Mar 28, 2025

U.S. Secretary of State warned Venezuela on Thursday that it would be 'a very bad day' for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case…

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