Oil And Gas News

 

Equinor Gets Permit for Norwegian Sea Drilling Operation

Sep 20, 2024

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…

First Oil Starts Flowing at CNOOC’s South China Sea Field

Sep 20, 2024

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…

TechnipFMC Secures Major Subsea Contracts at Petrobras’ Brazil Fields

Sep 20, 2024

Oilfield services company TechnipFMC has been awarded two multi-million-dollar subsea contracts by Petrobras for the pre-salt fields offshore Brazil.The first contract, deemed substantial by TechnipFMC, is to design, engineer, and manufacture riser flexible pipe…

TotalEnergies Starts Production at Fenix Gas Field Offshore Argentia

Sep 20, 2024

TotalEnergies has started the production from the Fenix gas field, off the coast of Tierra del Fuego in Southern Argentina.The Fenix field, located 60 km offshore, is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37…

SLB and NVIDIA Collaboration to Scale Up Energy Industry-Specific AI

Sep 19, 2024

SLB and NVIDIA have expanded their long-standing collaboration to accelerate and scale up the development of generative artificial intelligence (AI) solutions for the energy industry.The collaboration accelerates the development and deployment…

Upstream Electrification Could Cut 80% of O&G Production Emissions, Rystad Finds

Sep 19, 2024

Oil and gas production facilities could reduce more than 80% of associated emissions if converted to run on electricity powered by renewables or natural gas that would otherwise be flared, according to a new report from Rystad Energy.Fully electrified…

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

Sep 19, 2024

Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Sep 19, 2024

TotalEnergies has secured a five-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market…

SLB and Aramco Form Digital Alliance to Mitigate GHG Emissions

Sep 19, 2024

SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors.The agreement between SLB and Aramco establishes a…

Saipem Bags $2B Saudi Aramco Contract for Marjan Field

Sep 18, 2024

Italian offshore energy services firm Saipem has secured a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia.Saipem’s scope of work involves the engineering…

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Sep 18, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has informed the production from its offshore oil and gas platforms remained unaffected by the typhoon Bebinca, the strongest typhoon to make landfall in Shanghai in the last 70 years…

Woodside and JERA Ink Long-Term LNG Supply Agreement

Sep 18, 2024

Australia’s Woodside has signed a sale and purchase agreement (SPA) with Japan’s JERA for the long-term supply of liquefied natural gas (LNG) to Japan.Under the SPA, Woodside will supply approximately 0.4 million tonnes (six cargoes) of LNG per year over 10 years on a delivered basis…

Strohm Supplies TCP Jumpers for Sabah Project Off Malaysia

Sep 18, 2024

Strohm, a thermoplastic composite pipe (TCP) company, has overseen the installation of its TCP Jumper technology at the deepwater Sabah project offshore Malaysia.Installed by contractor McDermott on behalf of an international operator, it is…

Seadrill to Install Oil States’ MPD Tech on Its Drilling Rigs

Sep 18, 2024

Offshore drilling contractor Seadrill has entered into non-exclusive collaborative relationship with Oil States International aimed at increasing the safety and efficiency of offshore Managed Pressure Drilling (MPD) operations.The strategic…

TotalEnergies Signs 10-Year LNG Supply Deal with Turkey’s Botas

Sep 18, 2024

Turkish state energy company Botas has signed a 10-year agreement to import liquefied natural gas (LNG) from French oil major TotalEnergies beginning in 2027, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.The deal, which was…

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