Oil And Gas News


Wintershall Dea Completes Appraisal Well on Bergknapp Discovery

Dec 13, 2023

Wintershall Dea, in collaboration with its partners DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea. The team is now assessing potential field development options…

NOIA Responds to COP28 Non-Binding Pact

Dec 13, 2023

COP28 has concluded with agreement on a text named The UAE Consensus that aims to set out a climate agenda to keep 1.5°C within reach. The UAE Consensus calls on parties to transition away from fossil fuels to reach net zero, encourages them…

Petrobras Acquires 29 Blocks in Pelotas Basin

Dec 13, 2023

Petrobras has acquired 29 blocks in the Pelotas basin in the fourth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).Petrobras acquired blocks P-M-1739, P-M-1737 and P-M-1797 in partnership with CNOOC Petroleum Brasil and Shell Brasil Petróleo…

Shell to Boost Production at Perdido's Oil Project

Dec 12, 2023

Shell on Tuesday said it has made a final investment decision (FID) to boost production at the Perdido oil project in the U.S. Gulf of Mexico, starting in April 2025.The company, which operates the platform, said it will add three wells that are expected to produce up to 22…

Plans in Progress for New North Sea Wells

Dec 11, 2023

Esgian has published its Week 49 Rig Market Roundup highlighting new drilling activity in the North Sea and a new licensing deal in Morocco.Drilling Activity and DiscoveriesSerica Energy is continuing with plans for its four-well drilling campaign in the UK North Sea…

PTTEP’s New Discoveries in Malaysia Support Cluster Development

Dec 07, 2023

PTTEP has made three consecutive oil and gas discoveries offshore Malaysia and says it is strategically poised to expedite the development of these discoveries through a cluster development approach.Montri Rawanchaikul, CEO of PTTEP, disclosed that PTTEP’s subsidiary…

CAPP Says Canada’s Emissions Cap will be Production Cap

Dec 07, 2023

Canada’s Minister of Environment and Climate Change, Steven Guilbeault, and Minister of Energy and Natural Resources, Jonathan Wilkinson, introduced Canada’s draft framework to cap pollution from the oil and gas sector on December 7. The aim…

US Coast Guard Responds to Another GoM Oil Spill

Dec 05, 2023

The U.S. Coast Guard said on Wednesday it was responding to an oil discharge near the Main Pass Oil Gathering (MPOG) Co's pipeline system in the Gulf of Mexico, while the main pipeline and several surrounding ones remained shut in.'The reported…

16,000 Extra Workers Needed in UK’s Offshore Wind Sector by 2030

Dec 04, 2023

A new labor forecasting tool (LFT) is predicting around 16,000 additional workers could be needed in the UK’s offshore wind industry by 2030, and 12,000 extra workers will be needed specifically for carbon capture and hydrogen projects by 2027…

ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy

Dec 03, 2023

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible 'illusion', saying the same could be said about electric vehicles and solar energy…

COP28: US Cracking Down on Methane from Oil and Gas

Dec 03, 2023

The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.The rules, two years in the making…

bp's Search for New CEO to Extend into Next Year

Nov 30, 2023

bp's search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board's probe into whether previous CEO Bernard Looney breached the code of conduct in his undisclosed personal relationships with staff drags on…

Equinor Sells Nigerian Business to Chappal Energies

Nov 29, 2023

Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including the unitised 20.21% stake in the Agbami oil field, operated by Chevron…

Webinar: How to Overcome Dynamic Emulsion Layer Measurement Challenges

Nov 29, 2023

Asian Oil & Gas (AOG) is hosting a webinar on the groundbreaking patents that are pushing multiphase detection, measurement, and control technology forward.Throughout the oil and gas and petrochemical industries, liquid-to-liquid separation is a fundamental process…

Environmentalists Ask Court to Block Development of Three North Sea Fields

Nov 27, 2023

Environmental groups on Tuesday will ask a Norwegian court to block the development of three North Sea oil and gas fields, citing insufficient assessment of global climate impact from future petroleum use.The lawsuit filed by Greenpeace and…

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