Oil And Gas News

 

Perenco Wraps Up Acquisition of BP’s Mature Gas Fields Off Trinidad and Tobago

Dec 17, 2024

Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…

Petrobras Hires Constellation’s Drillship for Work Offshore Brazil

Dec 17, 2024

Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin…

Equinor Makes Oil and Gas Discovery Near Troll Field in North Sea

Dec 17, 2024

Equinor and its partners DNO and Petoro have made an oil and gas discovery west of the Troll field in the North Sea, currently estimated at between 2 and 12 million barrels of oil equivalent.The discovery, made 17 kilometers from the Troll field…

Exxon Wants to Keep Option for Hess Guyana Assets

Dec 16, 2024

Exxon Mobil wants to preserve its right of first refusal in Hess Corp's sale of its Guyana oil production assets because of the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday.A three…

Aker, Aibel Get FEED Contracts for GreenVolt Floating Wind Project

Dec 16, 2024

Floating Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded front-end engineering and design (FEED) contracts to two partnership for the delivery of 560 MW GreenVolt floating wind farm offshore Scotland…

Kongsberg to Work on Six Hybrid CMM's PSVs Bound for Petrobras Ops

Dec 16, 2024

Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations…

Expro Lands Contract to Support 52-Well P&A Campaign

Dec 16, 2024

Energy services provider Expro (NYSE: XPRO) has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution in support of the 52-well plug and abandonment (P&A) campaign.The solution combines subsea…

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Dec 16, 2024

China's CNOOC has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.The Chinese oil and gas major said CNOOC Energy Holdings U…

Oil and Gas in Norway Set for Record Investments in 2025

Dec 16, 2024

Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in 2025, up from 263.7 billion this year and more than previously expected, the Offshore Norge industry association said on Monday…

Vår Energi, Equinor Weighing Up Oil Discovery Tie-Back to Barents Sea FPSO

Dec 16, 2024

Norwegian oil and gas player Vår Energi and its partner Equinor have proven oil in an appraisal well in Barents Sea, drilled to delineate the Countach discovery, which is now being considered for tie-back to the nearby floating production, storage…

BP and ADNOC’s XRG Launch JV Focused on Egypt’s Gas Assets

Dec 16, 2024

BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…

Aker Solutions Secures Maintenance Extension for Aker BP’s Norwegian Fields

Dec 16, 2024

Aker Solutions has signed a two-year contract extension for maintenance and modifications work for Aker BP, which covers the operated field centers Valhall and Hod, Ula and Tambar, Alvheim and Skarv, offshore Norway.The existing frame agreement…

Shell Makes FID for Deepwater Oil Project Off Nigeria

Dec 16, 2024

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, has made a final investment decision (FID) on Bonga North, a deepwater project off the coast of Nigeria.Bonga North will be a subsea tie-back to the Shell…

QatarEnergy Takes Share of Chevron-Operated Block Offshore Namibia

Dec 16, 2024

QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron, to acquire a working interest in an oil and gas block offshore Namibia.Pursuant to the agreement, QatarEnergy will acquire a 27…

Australian Operator Retains EnerMech’s Crane Maintenance Services

Dec 13, 2024

EnerMech has secured a multi-million-dollar contract renewal to deliver its crane maintenance and integrity services across six assets for an operator in North West Australia.Having supported the E&P organization since 2019, EnerMech’s team…

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