Oil And Gas News

 

Expro Nets $10M in Contracts for OMV Petrom’s Black Sea Gas Project

Mar 05, 2025

Texas-based oilfield services provider Expro has secured major contracts from OMV Petrom, totaling more than $10 million, for the Neptun Deep gas project in the Black Sea.The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology…

Shearwater, TotalEnergies Ink Long-Term Marine Seismic Deal

Mar 05, 2025

Shearwater Geoservices and TotalEnergies have signed a three-year firm capacity reservation agreement (CRA) for worldwide marine seismic streamer acquisition services.The CRA reflects the longstanding relationship between TotalEnergies and Shearwater…

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Mar 05, 2025

Japan, South Korea and other countries want to partner with the United States in a 'gigantic' natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest 'trillions of dollars each.'Trump said in an address to the U…

Tampnet to Help Enable Remote Ops at Woodside’s Trion FPU

Mar 04, 2025

Tampnet, a Norway-based provider of offshore connectivity services, has secured a fibre optic project and long-term service contract for fibre connectivity at Woodside’s Trion deepwater field in the Gulf of Mexico.The fibre-based connectivity to shore for Trion will enable remote operations…

Aramco Reports Over 12% Profit Fall in 2024

Mar 04, 2025

Saudi oil giant Aramco said on Tuesday it expects to declare total dividends of $85.4 billion in 2025, nearly 30% less than last year, after reporting a drop in profits as a result of lower sales and higher costs.For the first quarter of 2025…

US Subsea Equipment Firm Sets Up Shop in Brazil

Mar 04, 2025

Houston-based subsea equipment and services provider for oil and gas sector Koil Energy has established a new technology center for manufacturing and service support in Macaé, marking its expansion into Brazil.Macaé is generally considered to…

China's CNOOC Set for Refinery Expansion Startup After $2.7B Upgrade

Mar 04, 2025

China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer's further expansion into refining and petrochemicals, industry sources said.CNOOC aims…

Libya Plans First Oil Exploration Bidding Round in Almost 20 Years

Mar 04, 2025

Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a televised address on Monday.Libya is Africa's second-largest oil producer and…

Germany Dismisses Talks Over Nord Stream 2 Gas Pipeline Revival

Mar 04, 2025

Germany's energy independence from Moscow is crucial and it is not in talks with Russia over a 'possible pipeline-based supply of Russian gas' via the partly damaged Nord Stream 2 pipeline, the economy ministry said on Monday.The ministry was…

Shell’s Integrated Gas and Upstream Director to Step Down

Mar 04, 2025

Shell has announced changes to its executive committee and leadership structure, as part of which the company’s Integrated Gas and Upstream Director Zoë Yujnovich will step down end of March 2025.After more than a decade of service with Shell…

Vår Energi Drills Dry Well in North Sea

Mar 04, 2025

Vår Energi and its partners have drilled a dry well on the Kokopelli prospect, south of the Sleipner area, in the North Sea.The wildcat well 7/1-4 S is located in the North Sea in production license 1190. Two exploration wells have previously been drilled within this area…

Equinor Finds Oil at Mistral Exploration Well in Norwegian Sea

Mar 04, 2025

Equinor and its partners have made an oil discovery at Mistral exploration well, located in the southern Norwegian sea.The well 6406/6-7S in the PL1119 license was drilled using Odfjell Drilling’s Deepsea Atlantic drilling rig.The well was drilled to a vertical depth of 4…

Bad Weather Delays Startup of Equinor's Johan Castberg Oil Field

Mar 03, 2025

The startup of oil production from Equinor's Arctic Johan Castberg field has been delayed again due to bad weather, a spokesperson for the Norwegian energy company said on Monday.Castberg is set to become the second producing oilfield in the…

Germany Says Nord Stream 2 Pipeline Cannot Be Used

Mar 03, 2025

The Nord Stream 2 Baltic Sea gas pipeline is not certified and therefore could not be used, a German government spokesperson said on Monday in response to a report about potentially bringing the pipeline on stream.'The Nord Stream 2 pipeline is not certified and therefore could not be used at all…

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Mar 03, 2025

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Manora field, offshore Gulf of Thailand.Manora field is located in license G1/48, where Valeura Energy holds a 70% operated working interest.Valeura drilled a five well program…

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