Oil And Gas News

 

Norway Attracts 21 Bidders in Latest Oil and Gas Exploration Round

Sep 06, 2024

Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies.The Norwegian authorities have received applications from…

Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields

Sep 06, 2024

U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin…

Constellation’s Alpha Star Gets Shell’s Brazil Job

Sep 06, 2024

Offshore drilling contractor Constellation has secured a new contract with Shell for its Alpha Star ultra-deepwater drilling rig offshore Brazil.The contract is for approximately 30 days, having started on August 30, 2024.The new contract will…

SBM Offshore and MISC Berhad Ink Share Purchase Deals for Two FPSOs

Sep 06, 2024

SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units.Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…

Two Shelf Drilling Jack-Ups Secure Work in West Africa

Sep 06, 2024

Offshore drilling firm Shelf Drilling has secured new contract awards for two of its jack-up rigs in West Africa.The first contract is for the Shelf Drilling Mentor, covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria…

Talos Energy Strikes Oil and Gas in Gulf of Mexico

Sep 05, 2024

Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19…

EnQuest Chief Warns of Irreversible Damage of UK Windfall Tax

Sep 05, 2024

Britain's windfall tax on North Sea oil and gas companies' profits is causing irreversible damage to the industry, EnQuest's CEO said on Thursday, adding his voice to critics of the levy the government is poised to increase.On Thursday, EnQuest reported a profit after taxation of $30…

Santos Pens Mid-Term LNG Supply Deal

Sep 05, 2024

Australian oil and gas major Santos has signed a mid-term LNG supply contract with Glencore Singapore.The contract is to supply 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter…

New Partner Joins Timor-Leste Offshore Gas Development

Sep 05, 2024

Santos has concluded negotiations for the divestment of partial stake in an offshore gas project to TIMOR GAP, which will join the Bayu-Undan project as partner.Santos said the Bayu-Undan Joint Venture (BUJV) and TIMOR GAP have agreed terms…

Transocean Scoops $123M Drillship Deal in India

Sep 04, 2024

Offshore drilling contractor Transocean has secured a $123 million contract with Reliance Industries for Dhirubhai Deepwater KG1 ultra-deepwater drillship.Transocean and Reliance Industries signed a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India…

CNOOC Brings Online Another South China Sea Field

Sep 04, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.The main production facilities include a new wellhead platform and an oil and gas processing terminal…

Saipem Secures $1B in Offshore Contracts from Saudi Aramco

Sep 04, 2024

Italian offshore energy services firm Saipem has been awarded two offshore contracts in Saudi Arabia under its existing long-term agreement with Saudi Aramco, whose combined value approximately $1 billion.Saipem’s scope of work under the first contract involves the engineering…

Harbour Energy Concludes Wintershall Dea Deal and Raises Production Outlook

Sep 03, 2024

Britain's Harbour Energy raised its 2024 production forecast on Tuesday, after completing the purchase of oil and gas firm Wintershall Dea's assets.Harbour in December had agreed to acquire the non-Russian oil and gas assets of the German company in an $11…

McDermott Decommissions Offshore Platform in Australia

Sep 03, 2024

McDermott has completed the decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.Under a contract awarded to McDermott in January 2024 by Santos, the company provided engineering…

Oil Production Starts at Aker BP’s Tyrving Field

Sep 03, 2024

The production of oil from the Tryving filed in the Alvheim area offshore Norway, operated by Aker BP, with Petoro and PGNiG Upstream Norway as partners, has begun.The Tyrving development leverages the planned extended lifetime for the Alvheim…

Current News

OMV Petrom Orders Field Support Vessel for Black Sea Gas Field

OMV Petrom Orders Field Suppor

New LNG Bunker Vessel for TotalEnergies LNG Bunkering Ops

New LNG Bunker Vessel for Tota

Dutch Engineering Firms Present Floating Offshore Substation Concept

Dutch Engineering Firms Presen

Saipem Installs Trunkline for Woodside’s Scarborough Gas Project off Australia

Saipem Installs Trunkline for

Subscribe for OE Digital E‑News

Offshore Engineer Magazine