Oil And Gas News

 

Partners Secure One-Year License Extension for Orange Basin Block

Jul 16, 2025

The joint venture partners in PEL 79 license, which include the National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, have secured a 12-month extension to the exploration period for offshore blocks in Namibia’s Orange Basin…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Jul 15, 2025

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…

TechnipFMC Awarded Heidrun Extension Contract

Jul 15, 2025

TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for its Heidrun extension project in the Norwegian North Sea.The project will enhance the current infrastructure and extend the production lifecycle for the Heidrun platform…

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Jul 15, 2025

KBR and SOCAR, through their joint venture SOCAR-KBR, have been awarded two contracts by BP in Azerbaijan - one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project…

Industry Partners Deliver Largest Unified OBN Dataset in Norwegian North Sea

Jul 15, 2025

Viridien, in collaboration with joint venture partners TGS and Axxis Multi-client, has completed the final imaging of OMEGA Merge, to deliver a single, seamless and unified high-quality dataset across the Heimdal Terrace, Utsira, and Sleipner Ocean Bottom Node (OBN) multi-client surveys…

Strohm Wraps Up Deepwater TCP Trials for Petrobras

Jul 15, 2025

Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters.The testing and engineering assessments…

Dolphin Drilling Lines Up $105M Payment for Rig Deal Termination in Nigeria

Jul 15, 2025

The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria…

Mozambique Sets Scene for TotalEnergies to Restart $20B LNG Scheme

Jul 15, 2025

Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday.TotalEnergies…

US Delays Rule on Gulf of Mexico Whale Protection

Jul 14, 2025

U.S. President Donald Trump's administration will delay by two years a final rule designating protections for the endangered Rice's whale in the oil and gas drilling region of the Gulf of Mexico, according to an agreement with environmental groups filed in a federal court…

Arabian Drilling Secures Five Jack-Up Rig Extensions

Jul 14, 2025

Saudi drilling contractor Arabian Drilling has secured contract extensions for five of its jack-up drilling rigs, with a combined value of over $365 million.Arabian Drilling signed contract extension for four of its rigs with Aramco, with a combined backlog value of $364 million (SAR 1…

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

Jul 14, 2025

Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…

Expro Gets Woodside Job at Trion Deepwater Project off Mexico

Jul 14, 2025

Texas-based oilfield services provider Expro has secured a three-year contract by Woodside Energy to provide tubular running services (TRS) and cementing services for the Trion project, Mexico’s first deepwater oil production facility.Woodside and Expro have a long-standing partnership…

Scana-Owned Firm Lands Contract for Offshore Project in US

Jul 14, 2025

Scana-owned PSW Power & Automation has secured a contract for the design, manufacture, and assembly of six E-House modules for an offshore project in Gulf of America.The E-House modules will be used on three separate offshore installations in the United States…

Jadestone Energy Ups Montara Field Volume Expectations

Jul 14, 2025

Jadestone Energy, an Asia-Pacific focused oil and gas company, has increased production rates expectations from the Montara field offshore Australia, as the drilling operation with Valaris’ Valaris 247 jack-up rig nears completion.The Skua-11ST well at the Montara field has reached target depth…

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NKT Expands Swedish Cable Acce

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