Oil And Gas News


Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

Dril-Quip and Innovex Agree Merger in All-Stock Deal

Mar 20, 2024

Dril-Quip and Innovex Downhole Solutions have agreed to merge, creating a ‘unique’ industrial platform for onshore and offshore oil and gas sector.In an all-stock transaction, Dril-Quip will combine its drilling and production equipment expertise…

Atlanta FPSO Sets Sail for Brazil

Mar 20, 2024

Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil.After the conclusion of the activities in Dubai and sea trials…

ExxonMobil Strikes Oil Offshore Guyana

Mar 20, 2024

ExxonMobil has made an oil discovery at Bluefin in the Stabroek block offshore Guyana, marking its first discovery of 2024.The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drilling's Stena Drillmax drillship in 4…

MAN Energy Solutions Lands Major Order for MODEC’s New FPSO

Mar 20, 2024

MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil.The order’s substantial…

Zanzibar Launches Its First Oil and Gas Licensing Round

Mar 20, 2024

Zanzibar has launched its first licensing round, inviting bids for eight blocks offshore the insular semi-autonomous region of Tanzania.The Ministry of Blue Economy and Fisheries has on March 20, 2024, invited bids for the blocks spanning 31…

Aker BP Gets Green Light for Exploration Drilling in North Sea

Mar 20, 2024

Aker BP has received consent from the Norwegian Ocean Industry Authority (Havtil) for exploration drilling in the North Sea.The consent was issued for two wells located in production license 102 F/G, where Aker BP is the operator with 60% working interest…

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment…

CEO Says Exxon Mobil Not Trying to Buy Hess

Mar 18, 2024

Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp's Guyana assets in its dispute with Chevron, not buy the company itself.In his first public remarks on the company's pursuit of an arbitration…

Final Subsea System Components for Atlanta FPSO En Route to Brazil

Mar 18, 2024

The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped.The final pieces of subsea system equipment…

Vår Energi Initiates Intra-Group Reorganization

Mar 18, 2024

Vår Energi and its wholly-owned subsidiary Vår Energi Norge, formerly Neptune Energy Norge, have agreed a joint merger plan for an intra-group merger of the two companies.The purpose of the merger is to simplify the corporate structure in the…

CNOOC Makes Major Oil Discovery in Bohai Sea

Mar 18, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has made major oilfield discovery in Bohai Sea, which adds over 100 million tons of oil equivalent proved in-place volume.The field, Qinhuangdao 27-3, is located in the north-central waters of the Bohai Sea…

Ulstein Introduces New Subsea Vessel for Offshore Energy Market

Mar 15, 2024

Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel - ULSTEIN SX232 – designed to service the offshore wind market for floating and fixed installations as well as offshore oil and gas industry.Designed for walk-to-work operations in the offshore energy market…

Blackford Dolphin Scoops $154M Drilling Contract with Oil India

Mar 15, 2024

Offshore drilling contractor Dolphin Drilling has secured a $154 million drilling contract from Oil India for its Blackford Dolphin semi-submersible drilling rig.Under the terms of the final agreement, Dolphin Drilling will deploy the Blackford…

Archer Strengthens Engineering Services Portfolio with Vertikal Acquisition

Mar 15, 2024

Oilfield services firm Archer has acquired 65% share of Norwegian energy services company Vertical Service, strengthening its offshore energy engineering portfolio.The consideration for the shares is a combination of $2.38 million (NOK 25 million)…

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