Oil And Gas News

 

Seatrium Dives Deeper into Cyber-Physical Modeling of FPSOs

Nov 28, 2024

Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states…

Petrobras Eyes Minority Stake Sale in Shallow Water Field Off Brazil

Nov 28, 2024

Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…

Eni Acquires Four New Blocks Offshore Côte d’Ivoire

Nov 28, 2024

Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed the contracts for the acquisition of four new offshore exploration blocks.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 square kilometers with a water depth ranging between 1…

Serica Energy Lowers 2024 Production Outlook Due to Triton FPSO Outage

Nov 27, 2024

UK's Serica Energy said on Tuesday it expects full-year production to be lower than its previous forecast, following an outage at its Triton hub in the North Sea.Following the suspension of production at Triton on Oct. 26, there has been an…

Axess Group Secures More Work Offshore Norway

Nov 27, 2024

Norway-based Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company, to continue to provide its services offshore Norway.The extension will enable Axess to continue delivering services to seven platforms in Norway…

Valeura Boosts Production at Jasmine Field with Five New Wells Now Onstream

Nov 27, 2024

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Jasmine field in the Gulf of Thailand, increasing the production at the field for 26% with five new wells coming onstream.Valeura drilled a five well program…

Woodside Getting Ready to Restart Pluto LNG Facility

Nov 27, 2024

Australia's Woodside Energy said in a statement on Wednesday that it has begun preparing to safely restart the Pluto LNG facility.Woodside had shut down the LNG plant on Monday due to a fault in the facility's control system. Preparations for the restart began on Tuesday…

Saipem Gets $1B Job at BP’s Indonesian Gas and CCUS Project

Nov 27, 2024

Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…

Oil India to Lease Seven Drilling Rigs

Nov 26, 2024

State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.The company has already deployed over 20 rigs, including one offshore rig, Rath added.Oil India…

Brava Energia Awards $200M Equipment Supply Contracts for Brazil Offshore Fields

Nov 26, 2024

Brava Energia has signed contracts, worth approximately $200 million, for the integrated campaign in Atlanta and Papa-Terra fields, with an option to develop Malombe through a tieback to Peroa, offshore Brazil.The campaign will begin in the fourth quarter of 2025…

Glamox to Illuminate North Sea Oil and Gas Platforms

Nov 26, 2024

Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…

TotalEnergies Grows Its Orange Basin Appetite

Nov 26, 2024

TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday…

Woodside Shuts Down Pluto LNG Plant Due to System Fault

Nov 26, 2024

Australia's Woodside Energy shut down its Pluto LNG processing plant on Monday due to a fault in the facility's control system, a company spokesperson said on Tuesday.The spokesperson had said in an earlier statement, also issued on Tuesday…

Canadian Firm Takes Operatorship of South Africa’s Offshore Block

Nov 26, 2024

Canadian oil and gas exploration company Africa Energy has formally become the operator of Block 11B/12B offshore South Africa, following the withdrawal of three partners from the development.Africa Energy assumed operatorship of the block through its investment in Main Street 1549…

Seatrium and Cochin Shipyard Form Alliance to Deliver India’s Jack-Up Rigs

Nov 26, 2024

Seatrium Letourneau USA and Cochin Shipyard Limited (CSL) have entered into a memorandum of understanding (MoU) to jointly design and supply critical equipment for jack-up rigs for the Indian market.Leveraging CSL’s extensive experience in ship…

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