Oil And Gas News

 

Aize Nets BP’s Digital Twin Global Deal

Jan 29, 2025

Digital twin software provider Aize has secured a new agreement to act as a global partner for asset visualization for BP.Building on successful technical and operational delivery in the North Sea, Caspian Sea, and West Africa, the four-year…

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

Jan 29, 2025

Malaysia's Petronas will decommission the Sabah-Sarawak gas pipeline, the state energy firm said on Tuesday in its activity outlook report.The 500 km natural gas pipeline in Malaysia connects Kimanis in Sabah to Bintulu in Sarawak and has been operational since early 2014…

Trinidad and Tobago Put 26 Deepwater Oil and Gas Blocks on Offer

Jan 29, 2025

Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater exploration and production, according to an official notice.The twin-island Caribbean country, Latin America's largest exporter of liquefied natural gas (LNG)…

Vår Energi Set to Enhance Drilling Ops with Reelwell’s Digital Drill Pipe Tech

Jan 29, 2025

Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…

Dolphin Drilling’s Chief Steps Down

Jan 29, 2025

Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Chief Executive Officer (CEO) Bjørnar Iversen resigned from the position.Jon Oliver Bryce has been appointed interim-CEO.Bryce currently holds the position as Chief Strategy…

Odfjell Drilling Secures $148M Extension with Equinor for Deepsea Atlantic Rig

Jan 29, 2025

Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea Atlantic semi-submersible rig until end the second quarter of 2027.Deepsea Alantic will operate under previously agreed…

European LNG Imports Up with Asian Influx

Jan 28, 2025

The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January…

Strohm Rolls Out Pipe Design Tool

Jan 28, 2025

Strohm has launched TCP Designer, its new web-based tool developed to help companies design and engineer thermoplastic composite pipes for their projects.TCP Designer helps users ensure their piping systems meet critical requirements for water depth…

US Oil Majors Set to Curb ‘Drilling Boom’ Expectations Despite Trum Calls

Jan 28, 2025

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to 'drill, baby, drill.'Big Oil begins reporting fourth-quarter results this week…

Dana Petroleum Keeps Imrandd for UK Assets’ Integrity Services

Jan 28, 2025

Industrial data and engineering consultancy Imrandd has secured the renewal of its longstanding contract with Dana Petroleum, extending its engagement for an additional two years to 2027.The extension ensures the continued delivery of critical integrity services for Dana's UK operations…

Motive Offshore Sets Up Shop in Texas Amid Rising Orders

Jan 28, 2025

Motive Offshore, an equipment provider for the energy sector, has set up a new office in Houston, Texas, following a fourfold increase in its equipment for the Americas.The strategic expansion will support increasing operational demands and sets the stage for continued growth…

MATCOR Relaunches Iron Gopher for HDD Drilling with Reduced Price

Jan 28, 2025

Cathodic protection and AC mitigation solutions supplier MATCOR, a BrandSafway company, has relaunched its patented Iron Gopher linear anode for horizontal directional drilling (HDD) projects, with a reduced price.The price reduction is the result of MATCOR's move to in-house production…

Sunda Energy Starts Environmental Survey for Timor-Leste Oil and Gas Field

Jan 28, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has started environmental baseline survey in preparation for the drilling of the planned Chuditch-2 appraisal well off Timor-Leste.The survey…

Petrobras Releases Oil Output Figures for 2024

Jan 28, 2025

Brazilian state-run energy company Petrobras, Latin America's top oil producer, ended last year with output of 2.7 million barrels of oil equivalent per day (boed), the company said in a statement on Monday, but without providing quarterly figures…

Kazakhstan Looks to Improve Oil Production Agreements Terms

Jan 28, 2025

Kazakh President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil majors about an extension of existing production sharing agreements (PSA) on 'better terms'.The central Asian country is one of…

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