Oil And Gas News

 

Seatrium Picks ABB to Supply Electrical Equipment for Petrobras' FPSOs

Jun 10, 2025

ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras…

Germany's SEFE and Azerbaijan's SOCAR Enter Long-Term Gas Supply Deal

Jun 10, 2025

Germany's SEFE has agreed a 10-year deal to receive natural gas from Azerbaijan's SOCAR starting this year, with volumes gradually rising to 1.5 billion cubic metres annually, the two companies said on Tuesday.State-owned SEFE, Securing Energy For Europe…

Tower Resources Lines Up ADES Jack-Up Rig for Cameroon Drilling Op

Jun 10, 2025

Tower Resources, the AIM-listed oil and gas company focused on Africa, has issued a Letter of Award (LoA) to Advanced Energy Systems (ADES), an affiliate of Saudi firm ADES Holding, for the provision of a jack-up rig for drilling job in Central Africa…

China Leads the World in Energy Investment

Jun 09, 2025

The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy investment in China just edging ahead of that of the United States…

TotalEnergies Books Noble Viking Drillship for Oceania Job

Jun 09, 2025

TotalEnergies has signed a contract with Noble Corporation for its Noble Viking drillship, which will be put to work in Oceania.TotalEnergies hired Noble Viking drillship for one firm well plus one option well in Papua New Guinea.The contract…

Shell Hires Subsea7 for Work at Aphrodite Development off Trinidad

Jun 09, 2025

Subsea 7 has secured a contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.The project involves the transportation and installation of subsea equipment at the Aphrodite development, located within Block 5a, at water depths of up to 290 meters…

CNOOC Starts Production at Offshore Field in South China Sea

Jun 09, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the Weizhou 5-3 oil field development project in Beibu Gulf Basin in the South China Sea.The main production facility includes one self-installing wellhead platform…

Eni, YPF Sign Deal for Argentina LNG Project

Jun 09, 2025

Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project.The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production…

Noble, Green Yard Sign Maintenance Contract for GreatWhite Rig (Video)

Jun 08, 2025

Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drilling rig Ocean GreatWhite, owned by Noble Corporation.The rig will enter the yard for maintenance, demobilization and upgrades after it has completed its job west of Shetland…

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Jun 06, 2025

Brazil's Brava Energia signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo, the companies said in separate filings.The assets include two natural gas processing units…

Rex’s Akrake Set for July Drilling Ops off West Africa

Jun 06, 2025

Akrake Petroleum, Rex International's indirect subsidiary, has completed the development plan for the Seme field offshore Benin, with the drilling operations scheduled to begin in early July 2025 using Borr Drilling’s jack-up rig.Akrake holds…

Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Jun 06, 2025

Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy.Ivory Coast has extended the 'red carpet' for Petrobras…

Equinor and Centrica Ink $27B Long-Term Gas Sales Agreement for UK

Jun 05, 2025

Equinor and Centrica have signed long-term gas sales agreement of 55 TWh of natural gas per year, or around 5 billion cubic meters – bcm, for a period of 10 years, to be delivered to U.K.Starting October 1, 2025 at terms reflecting market prices…

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Jun 05, 2025

MODEC and Carbon Clean Solutions have signed a memorandum of understanding (MoU) to continue the development and eventual deployment of floating production, storage and offloading (FPSO)-based offshore post-combustion carbon capture technologies…

Petrobras Moves Ahead with Oil Exploration Plans off Ivory Coast

Jun 05, 2025

Brazilian oil firm Petrobras has submitted a declaration of interest for exploratory blocks on the offshore areas of the Ivory Coast in West Africa.The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks…

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EnerMech Gets Onboard Woodside

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