Oil And Gas News

 

Vår Energi Comes Up Dry in Norwegian North Sea

Feb 14, 2024

Norwegian oil and gas company Vår Energi has drilled two wells in the North Sea offshore Norway, both of which were dry.The wells 25/7-12 S and A, were drilled in production license 917, 200 kilometers northwest of Stavanger, that was awarded in 2017…

ADNOC and BP to Form Gas Joint Venture in Egypt

Feb 14, 2024

BP and Abu Dhabi National Oil Company (ADNOC) have made an agreement to form a new joint venture (JV) that will focus initially on development of gas interests in Egypt.The JV (51% BP and 49% ADNOC) will combine the pair’s deep technical capabilities…

DeepOcean Gets ExxonMobil’s Guyana Task

Feb 14, 2024

Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…

Jadestone Energy Increases Stake in CWLH Oil Fields Offshore Australia

Feb 14, 2024

Asia-pacific focused oil and gas company Jadestone Energy has completed the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia, from Japan Australia LNG (MIMI)…

Fénix Gas Field Partners Install Production Platform Offshore Argentina

Feb 14, 2024

Wintershall Dea and its partners TotalEnergies and Pan American Energy have completed the installation of the Fénix platform offshore Argentina.The platform was installed around 60 kilometer off the coast of Tierra del Fuego, in 70-meter water depth…

Woodside Receives Trion Social Impact Assessment Approval

Feb 13, 2024

Woodside’s Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy.Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. It is located in the Gulf of Mexico at a water depth of 2…

Video: Atlanta II FPSO Gets Its Anchors Offshore Brazil

Feb 13, 2024

' style='height: 370px;'Oil and gas company Enauta has released a short video showing the installation of mooring lines and torpedo anchors, designed by London Marine Consultants (LMC), for the FPSO Atlanta II offshore Brazil.The moorings are…

Jadestone Eyes Woodside’s Macedon and Pyrenees Fields Offshore Australia

Feb 13, 2024

Asia Pacific-focused oil and gas company Jadestone Energy has confirmed its participation in the bid process for the proposed sale of Woodside’s interest in the Macedon and Greater Pyrenees projects offshore Western Australia.The bid process…

Island Drilling Contests Contract Termination for Island Innovator Rig

Feb 13, 2024

Island Drilling has started evaluating all legal recourse at its disposal to contest the termination of contract for its Island Innovator semi-sub rig, by Trident Energy and its partners in the Block G offshore Equatorial Guinea, deeming the claims on safety issues with the unit ‘not accurate’…

Expro Bolsters Well Construction and Intervention Offer with Coretrax Buy

Feb 13, 2024

Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Oil Industry, Green Groups Challenge Biden Offshore Drilling Plan

Feb 12, 2024

Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden administration's five-year plan to offer drilling leases in the Gulf of Mexico.The petitions to a U.S. appeals court come four months after…

Baron Oil Schedules Site Survey at Timor-Leste Gas Field

Feb 12, 2024

Baron Oil, through its fully owned subsidiary SundaGas Banda Unipessoal, has awarded contracts for the site survey at the planned drilling location for the Chuditch-2 appraisal well, offshore Timor-Leste.Site survey operations at the gas field…

Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast

Feb 12, 2024

Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…

US EPA Announces Intent to Fund Methane Reduction Projects

Feb 11, 2024

The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) announced a Notice of Intent to make funds available to help measure and reduce methane emissions from the oil and gas sectors.This funding from the Inflation…

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