Oil And Gas News


Esgian Week 25 Report: Mixed Results in Exploration Drilling

Jun 23, 2024

Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea…

Carlyle Creates New Med Oil and Gas Company with $945M Energean Deal

Jun 21, 2024

Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets in Egypt, Italy and Croatia for up to $945 million, the companies said on Thursday…

Fulcrum LNG Set to Help Guyana Develop Its Natural Gas Resources

Jun 21, 2024

U.S. firm Fulcrum LNG was selected to help Guyana develop a plan to design, finance, construct and operate a natural gas processing facility in the South American country, President Irfaan Ali said on Thursday.The company's proposal was selected from among 17 submitted to Guyana for the gas project…

Oceaneering Scores $50M Umbilical Contract for Gulf of Mexico Project

Jun 21, 2024

U.S.-based subsea services and technology firm Oceaneering International has secured a contract to supply an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico.The name of the client was not disclosed, but Oceaneering…

Woodside Establishes New Leadership Structure

Jun 20, 2024

Woodside has revised its leadership structure to deliver the next phase of the company’s strategy to thrive through the energy transition.The revised structure, which will take effect from August 1, 2024, aggregates and elevates core business activities into a simplified operating model…

Vallourec Agrees Contract Extension and New Order with ADNOC

Jun 20, 2024

France-based tubular solutions supplier Vallourec has signed a two-year contract extension with Abu Dhabi National Oil Company (ADNOC), securing also a new major order for the supply of 27,000 tonnes of tubes.The two-year extension is related to the 2019 contract originally worth $900 million…

Ponticelli Scoops Major EPC Services Contract with Azule Energy

Jun 20, 2024

Ponticelli Angoil has been awarded an engineering, procurement, and construction (EPC) services contract by oil and gas company Azule Energy for work offshore Angola.Ponticelli’s UK-based consortium, PBS, will provide expert engineering and procurement services support on this three-year contract…

Energean Sells Egypt, Italy and Croatia Portfolio for $945M

Jun 20, 2024

Oil and gas company Energean has entered into a binding agreement for the sale of its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners for an enterprise value of up to $945 million, of which $820 million is firm…

Aker BP Finds Gas at Ferdinand Nord Prospect in Barents Sea

Jun 20, 2024

Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…

Converted MOPU Starts Self-Powered Ops at Perenco’s Field Offshore Congo

Jun 20, 2024

UK oil and gas company Perenco has brought online the Tchendo 2 mobile offshore production unit (MOPU), bringing energy independence to Likouala, Emeraude and PNGF fields offshore Congo.Tchendo 2 is a former drilling rig successfully converted into a MOPU by Dixstone…

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Jun 20, 2024

The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…

Brazil Agency Nears Decision on Offshore Equatorial Margin

Jun 19, 2024

The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license…

DeepOcean Gets Subsea Services Job at Woodside’s Sangomar Field

Jun 19, 2024

Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…

Equinor's Wildcat Well Comes Up Dry in Barents Sea Snøras Prospect

Jun 19, 2024

Equinor has drilled a dry wildcat well in the Snøras prospect, located in the Barents Sea, offshore Norway.The well, 7220/2-2, drilled by the Transocean Enabler rig, is located in production license 1080, which was awarded in the Awards in Predefined Area (APA) in 2020…

Wintershall Dea Finds Oil at Cuvette Well Near Vega Field Off Norway

Jun 19, 2024

German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…

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