Oil And Gas News

 

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…

Ivory Coast Expects Threefold Oil Output Increase by 2027

Jun 18, 2024

Ivory Coast expects a more than threefold increase to its oil output by 2027, boosted by recent oil and gas discoveries at the West African nation's Baleine and Calao offshore fields, President Alassane Ouattara said on Tuesday.The world's top…

Etu Energias Acquires Galp’s Share in Angola’s Offshore Blocks

Jun 18, 2024

Angolan energy company Etu Energias, formerly Somoil, has acquired Galp’s stake in three blocks offshore Angola, operated by TotalEnergies and Chevron.Etu Energias concluded the acquisition of Galp’s working interests in Block 32 (5%), Block 14 (9%) and in Block 14K (4…

Diamond Offshore Shuts Gulf of Mexico Oil Rig

Jun 17, 2024

Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…

ABL Group Wraps Up Ross Offshore Acquisition

Jun 17, 2024

Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR.The combination of AGR and Ross Offshore will further strengthen…

Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project

Jun 17, 2024

Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…

Vallourec Hooks Major Deal with Equinor for Equipment Supply off Brazil

Jun 17, 2024

France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil.Vallourec low-carbon OCTG solutions…

Liebherr Secures Order for Two Offshore Cranes for FPSO Operating Off Canada

Jun 17, 2024

Crane specialist Liebherr has sold two of its BOS 2600 Board Offshore Cranes to a Canadian customer that will be installed on the floating production storage offloading unit (FPSO) operating off the coast of Newfoundland in Canada.The BOS 2600…

BlueNord Spuds Harald East Well in Danish North Sea

Jun 17, 2024

Norway-based oil and gas company BlueNord has started drilling operations at the Harald East Middle Jurassic well (HEMJ), which could start delivering gas by the end of 2024, set to be exported through the Tyra East facilities.The HEMJ was spudded in the Harald East area…

Esgian Week 24 Report: Noble and Diamond Offshore Announce Merger Plans

Jun 16, 2024

Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…

Dana Petroleum Hires Subsea7 for North Sea Field Job

Jun 14, 2024

UK-based oil and gas company Dana Petroleum has awarded a contract to Subsea7 for the provision of subsea services for the Bittern field development, in the UK Central North Sea.The contract scope, whose value is between $50 million and $150 million…

COSLPromoter Rig Bites Dust at Toppand East Well in North Sea

Jun 14, 2024

The Toppand East well in the North Sea offshore Norway, drilled by Wellesley, Equinor and Petoro, has been proven dry.The well, 35/11-29S, located in production licence 248 C, has been permanently plugged and abandoned after it proved be dry…

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

Jun 14, 2024

TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for $259 million.The transaction is expected to close in the fourth quarter 2024…

Equinor Hires Havila’s Three PSVs

Jun 13, 2024

Norwegian offshore support vessel owner Havila Shipping has secured contracts with Equinor for three of its platform supply vessels (PSVs).Contracts with Equinor are the PSV vessels Havila Clipper, Havila Fanø and Havila Herøy.Each contract is for a firm period of twelve months…

Enauta Stops Production at Atlanta Field as Anchoring of New FPSO Enters Final Phase

Jun 13, 2024

Brazilian oil and gas company Enauta has decided to stop production from the Petrojarl I floating production storage and offloading (FPSO) to perform modifications related to selected equipment maintenance after inspections at the process plant at the Atlanta field…

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