Oil And Gas News

 

Island Innovator Kicks Off Infill Drilling Ops Offshore Equatorial Guinea

Jan 22, 2024

The three-well infill drilling campaign at Equatorial Guinea’s offshore Block G – operated by Trident Energy, with partners Panoro, Kosmos Energy and GEPetrol – has started, using the Island Innovator semi-submersible drilling rig.The first…

Equinor and Aker BP Strike Oil Near Munin Field in North Sea

Jan 22, 2024

Equinor has discovered oil in exploration well 30/12-3 S in the North Sea, while drilling the well on behalf of Aker BP, using Odfjell Drilling's Deepsea Stavanger rig.The well also included a sidetrack, 30/12-3 A, which came up dry. It has permanently plugged and abandoned…

Esgian Week 3 Report: Drilling Units on the Move

Jan 19, 2024

No new drilling contracts were announced, but a Borr Drilling jackup has left Singapore, while a Shelf Drilling unit is preparing to embark on its journey to the same destination, according to Esgian’s Rig Analytics Market Roundup (Week 3).Drilling…

Worley Cuts First Stell for Aker BP’s Valhall PWP-Fenris Project

Jan 19, 2024

Worley Rosenberg in Norway has started construction of platform module for the Valhall PWP-Fenris project, being developed by Aker BP and its partners in the Norwegian part of the North Sea.On January 2, 2024, the first steel cut for the utilities…

100 Odfjell Drillers on Equinor’s Mariner Platform to Go on 3-Month Strike

Jan 18, 2024

UK-based workers' union Unite confirmed on Thursday that around 100 offshore drillers employed by Odfjell Technology and working on Equinor’s Mariner platform are set to strike over three months to secure improvements to working rotas.Unite members voted unanimously in favor of strike action…

Valeura Gears Up for Busy Year in Gulf of Thailand

Jan 18, 2024

Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…

Woodside Funds Rice-Led Cold Plasma Project

Jan 17, 2024

Rice University and Woodside Energy have announced a five-year technology collaboration aimed at reducing greenhouse gas emissions and providing lower carbon solutions. Woodside will provide $12.5 million to fund the creation of the Woodside-Rice Decarbonization Accelerator…

BP Appoints Murray Auchincloss as New CEO

Jan 17, 2024

BP has appointed Murray Auchincloss as its chief executive officer with immediate effect.Murray, who has been interim CEO since September 2023, will continue as a member of the BP board. His appointment has been made following a robust and competitive search process…

Norway Offers 24 Companies Ownership Interest for Oil and Gas Licenses

Jan 16, 2024

Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…

Coretrax Boosts Well Intervention Portfolio and Secures New Deals

Jan 16, 2024

Oil and gas well integrity and production optimization company Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies.After completing the acquisition and expanding its offering…

Strohm Wraps Up TotalEnergies’ TCP Job in West Africa

Jan 16, 2024

Strohm has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water in West Africa.This installation, at 1600-meter water depths, followed a rigorous testing program, during which TotalEnergies…

Joint Project Set to Improve Oil Recovery from Reservoirs

Jan 16, 2024

Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1…

Talos to Acquire US Gulf of Mexico E&P Company for $1.3B

Jan 16, 2024

Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos’…

BlackRock to Acquire Global Infrastructure Partners in $12.5B Deal

Jan 15, 2024

BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares…

Beacon Offshore Makes FID for Winterfell Discovery in Gulf of Mexico

Jan 15, 2024

Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery…

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