Brazilian oil and gas company Enauta has resumed production from the floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil.Atlanta Field’s production resumed on July 26, and the maintenance period…
Egypt's Ministry of Petroleum and Mineral Resources signed two agreements with international companies on Sunday to invest $340 million to boost oil and gas production in the Mediterranean and Gulf of Suez.After discussions between Egypt's Petroleum…
Technip Energies has met all its contractual obligations for the engineering, procurement and construction (EPC) work for the second phase of Umm Lulu project, being developed 40 km offshore Abu Dhabi in United Arab Emirates.Abu Dhabi Marine…
Subsea Integration Alliance, a global alliance between Subsea7 and SLB’s OneSubsea, has secured a ‘sizeable’ contract from BP for the engineering, procurement, construction and installation (EPCI) of subsea pipelines and production systems at Murlach development in the North Sea…
TotalEnergies has decided to withdraw from two oil and gas blocks offshore South Africa, with its partner in one of the blocks QatarEnergy also announcing its exit from the development.Following the decision of the partner CNRI to withdraw its 20% stake from Block 11B/12B…
Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17…
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates…
Brazil's state-run oil firm Petrobras has made a non-binding offer to buy a major stake in Galp Energia's huge offshore oil discovery in Namibia, Petrobras exploration and production director Sylvia dos Anjos told Reuters on Friday.If accepted…
Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon.These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1…
TSC Subsea has secured a contract with a major operator for the subsea inspection of insulated flexible pipes in the pre-salt region offshore Brazil.The multi-year contract will enable the company to deliver continuous inspection services to the unnamed client from 2024 to 2026…
Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…
China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.Under the agreement, the companies will cooperate in oil, gas exploration and production…
Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…
French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled.Adjusted net income for the three months to June 30 was $4…
Dutch FPSO leasing specialist SBM Offshore has held a naming ceremony for a floating production, storage, and offloading (FPSO) unit, which will be deployed at a field offshore Brazil for oil and gas company Petrobras.The FPSO Almirante Tamandaré…
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