French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the South American country's first, said four sources with knowledge of the project…
German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…
ADNOC Drilling, SLB and Patterson-UTI have created a joint venture dubbed Turnwell Industries to accelerate the 144-well drilling campaign as part of unconventional oil and gas exploration program in Abu Dhabi, set for delivery by the fourth quarter of 2025…
TGS, a global provider of energy data and intelligence, has signed a strategic partnership with Aker BP contributing to digitalize the operations of the Yggdrasil oil and gas area.This agreement builds on the ongoing collaboration between the…
McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 project in Mozambique.The project is a joint venture between ExxonMobil Development Africa…
BlueNord, the partner in the Tyra II project along with TotalEnergies and Nordsøfonden, has informed that the onshore repair of the second transformer for Tyra II is progressing well, with full technical capacity of Denmark’s largest offshore…
Norwegian offshore engineering and construction firm Aker Solutions has secured an EPCIC contract from Equinor to prepare the topside of Troll A for accelerating production from the Troll West gas reservoir.The Troll field is located in the North Sea…
Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras…
Brazil’s state-owned oil and gas company Petrobras and its Surinamese counterpart Staatsolie have signed a non-binding memorandum of understanding (MoU) to asses collaboration opportunities in various fields, including oil and gas.Petrobras…
Brazilian oil and gas company PRIO has signed a sale and purchase agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil for the acquisition of 40% interest in the Peregrino and Pitangola fields in the Campos Basin, offshore Brazil…
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas…
India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…
Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday.The well, located off the Brazilian coast northeast of Rio de Janeiro…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…
Canada’s oil and gas producer Suncor Energy has pleaded guilty to the charges from the incident that took place in 2019, when a worker was injured following a fall from a ladder while conducting gas testing onboard the Terra Nova FPSO, in the Canada-Newfoundland and Labrador Offshore Area…