Oil And Gas News

 

BP Puts Wood in Charge of Engineering Scope for Capital Projects

Dec 05, 2024

Consulting and engineering firm Wood has signed three major agreements with BP to provide engineering and project delivery services for its capital onshore and offshore projects worldwide.The contracts cover a new master services agreement (MSA) for Engineering…

Shell and Equinor’s Merger Creates Biggest UK North Sea Oil and Gas Producer

Dec 05, 2024

Equinor UK, a subsidiary of Equinor and Shell UK, a subsidiary of Shell, have agreed to combine their UK offshore oil and gas assets to form a new company which will be the UK North Sea’s biggest independent producer.The incorporated joint venture…

Equinor Starts Production at Åsgard’s Satellite Field in Norwegian Sea

Dec 04, 2024

Equinor has started oil and gas production at Smørbukk North, a satellite to the Åsgard field in the Norwegian Sea.The Smørbukk North has been developed as a subsea tie-in to the Åsgard field, utilizing its already existing infrastructure.According to Equinor…

AKOFS Offshore Secures $300M for Well Intervention Vessel’s Work with Equinor

Dec 04, 2024

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…

More Studies Needed for Petrobras’ Amazon Drilling Plans, Brazil Prosecutors Say

Dec 04, 2024

Brazilian prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, according to documents filed on Monday to environmental agency Ibama…

ExxonMobil Continues Negotiations with Guyana for Shallow-Water Block

Dec 04, 2024

U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday.Exxon, Hess and CNOOC won offshore block S8 in a bidding…

McDermott Secures FEED Contract for Repsol’s Deepwater Fields Off Mexico

Dec 03, 2024

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and Chinwol field development project in the Gulf of Mexico.Under the contract scope, McDermott will provide comprehensive FEED services for the project's engineering…

Libya Plans Oil and Gas Bidding Round Before Year-End

Dec 03, 2024

Libya's National Oil Corporation (NOC) will announce a bidding round for oil and gas exploration concessions before year-end, NOC's chairman said on Tuesday.It would be the first bidding round by the OPEC member country since the 2011 NATO-backed uprising that toppled leader Muammar Gaddafi…

Salunda to Equip Transocean Endurance Rig with Monitoring Solution

Dec 03, 2024

Salunda, a provider of digitized solutions for safety critical industries, has secured a contract to install its HaloGuard zone monitoring solution on the Transocean Endurance semi-submersible rig in Australia.The award marks Salunda’s first…

Gulf Marine Services Nets New Contract for Jack-Up Vessel

Dec 03, 2024

Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new contract for one its small-class vessels.The contract spans a total of 18 months, including optional extensions, in the Gulf Cooperation Council (GCC) region…

Equinor Drills Dry Well in Norwegian Sea

Dec 03, 2024

The wildcat well in the Løvmeis prospect in the Norwegian Sea, drilled by Equinor, Orlen Upstream and Petrolia Noco, has been proven dry.Wildcat well 6608/10-R-2 H is located in production license 1013, where Equinor is the operator with 40% stake…

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Dec 03, 2024

Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of a Central Andaman oil and gas block, the energy ministry said in a statement on Tuesday.The contract was signed under a new gross split scheme…

CNOOC Brings Bohai Sea Oil Field On Stream

Dec 03, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at its Jinzhou 23-2 oil field development project in Bohai Sea.The project is located in the northern part of the Bohai Sea, with an average water depth of approximately 13 meters…

ABL Wraps Up Work for FSRU Toscana Project in Italy

Dec 02, 2024

Energy and marine consultancy ABL has completed its scope of work as marine warranty surveyor (MWS) to support the successful transport and re-installation of the floating storage and regasification unit (FSRU) Toscana, off the coast of Livorno in Italy…

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Dec 02, 2024

QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of liquefied natural gas (LNG) to China.LNG deliveries under the SPA will start in January 2025,…

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