Sunda Energy has signed a memorandum of understanding (MoU) with Timor-Leste government and state-owned companies, setting out the framework for joint evaluation of a development concept for gas resources on the Chuditch PSC, including pipeline…
Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea…
Galp and its partners have spudded another well in the Orange Basin, off Namibia, following the discovery of light oil and gas condensate in an appraisal well announced earlier in December.After the discovery at the Mopane-1A well, Galp and its PEL83 offshore block partners…
UK-based oil firm Serica Energy has signed an agreement with Parkmead Group to buy its exploration and production assets, expanding its North Sea oil and gas activities.As part of the agreement, Serica Energy will acquire all shares of Parkmead (E&P)…
Norwegian oil and gas company Vår Energi has made an oil discovery in the operated Countach appraisal well near the Goliat field in the Barents Sea, confirming the potential to unlock significant additional resources in the Goliat ridge area…
Following a competitive tender process, energy technology company SLB has secured a new contract with Petrobras for providing integrated services across all of its offshore fields in Brazil.SLB will oversee the construction of more than 100 deepwater wells…
Delmar Systems has been selected to deliver mooring scope for TotalEnergies’ Culzean floating wind pilot project, which will supply renewable electricity to an offshore oil and gas platform in the North Sea.Delmar Systems was hired by Archer Wind…
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI)…
French energy major TotalEnergies has completed the acquisition of OMV’s and Sapura Upstream Assets’ in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaysia.SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310…
Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters…
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is looking at more oil and gas opportunities in Indonesia's Natuna Sea, its country representative said on Monday, with Indonesian President Prabowo Subianto looking to boost the country's production…
Equinor and its partners Vår Energi and Petoro have postponed the start-up of Johan Castberg field, located in the Norwegian part of the Barents Sea, to January or February 2025 from the initial plan to bring the field on stream by the end of 2024…
Harbour Energy has proven gas discovery in an appraisal well in the Norwegian Sea, drilled with Transocean Norge semi-submersible drilling rig.The gas has been proven in an appraisal well 6507/4-5 S, in license 211 CS, located 270 kilometers north of Kristiansund…
Offshore drilling contractor Borr Drilling has secured a contract for its Norve jack-up rig for drilling operations in West Africa.The work, with a repeat customer whose name was not disclosed, is in direct continuation of the Marathon Oil contract and is estimated to begin in third quarter of 2025…
Australia’s Department of Industry has released an Australian Offshore Resources Decommissioning Roadmap that supports the Australian Government’s plan for a Future Made in Australia.Oil and gas titleholders will spend an estimated $60 billion…
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