Global energy major BP said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country.India, the world's third-biggest oil importer and consumer, wants to quickly raise its oil and gas output…
JDR Cables, a global subsea cable supplier and service provider, part of the TFKable Group, has has opened a new service center in Macaé in the state of Rio de Janeiro as part of strategic expansion into Brazil.The service center began operations in the third quarter of 2024…
Oilfield Service Professionals (OSP), a provider of oilfield technology and service solutions related to well construction, downhole interventions, and decommissioning, has entered a strategic global technology alliance with Alpha Oil Tools…
A joint venture between Schoeller Holdings and Deutsche Offshore Schifffahrt has ordered four construction commissioning service operation vessels (C-CSOVs) from the Chinese shipyard for offshore wind and wider offshore energy sector.The construction…
Maersk Supply Service has awarded Scottish flex-lay specialist Maritime Developments (MDL) a solution-development scope in the Mero block in the Santos Basin, offshore Brazil.The scope entails the development of an integrated spread of equipment…
Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned…
TotalEnergies has signed a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of liquefied natural gas (LNG) per year for seven years starting from 2027.Thanks to this agreement, with prices indexed both to Brent and Henry Hub…
Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea, delineating the play-opening 2023 Heisenberg discovery and confirming its volume estimate of 24 to 56 million barrels of oil equivalent (MMboe) with mean of 37 MMboe…
Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…
Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…
The international joint venture (JV) partners, led by BP as the operator, have signed commercial agreements for the development of gas reserves at the giant Azeri-Chirag-Gunashli (ACG) gas field offshore Azerbaijan.After the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP…
Esgian has no rig contracts to announced but provides an update on rig moves and drilling operations in the US Gulf of Mexico, Canada, Morocco and Norway in its Week 38 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesExxonMobil…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has divested its entire interest in Mexico Block 29, located in deep waters of the Salina Basin offshore Mexico, to the operator Repsol, which has increased its working interest in the block to 46…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a new exploration well in the Norwegian Sea, to be conducted using Odfjell Drilling’s Deepsea Atlantic drilling rig.The permit is for wellbore 6406/6-7 S wildcat well in production license 1119…
China National Offshore Oil Corporation (CNOOC) has started production at Liuhua 11-1/4-1 oilfield secondary development project, which features China’s first cylindrical floating production, storage, and offloading (FPSO) unit and a new platform…
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