The Norwegian Offshore Directorate (NOD) has provided more details about the recent oil discovery at OKEA-operated license in the North Sea, which is being considered for tie-back to the nearby Brage field.Norwegian oil and gas firm OKEA and…
Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it's a demand with greater meaning after Monday's election…
U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility…
Africa-focused oil and gas company Afentra has signed Heads of Terms with Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) for a Risk Service Contract covering offshore Block 3/24, its first operated license in the country.The formal award is expected in the coming months…
TotalEnergies, together with its partner South Atlantic Petroleum, have signed the Production Sharing Contract (PSC) for two exploration licenses offshore Nigeria.The PSC was signed for the PPL 2000 and PPL 2001 licenses, in which TotalEnergies is the operator with 80% working interest…
Egypt has signed four agreements with international firms worth more than $340 million to explore oil and gas in the Mediterranean and Nile Delta, the Petroleum Ministry said on Saturday.The deals, signed by the state-owned Egyptian Natural Gas Holding Company (EGAS)…
Equinor has proven petroleum in a wildcat well in Norwegian Sea, drilled by Transocean’s Transocean Encourage semi-submersible drilling rig.The well 6506/12-PB-3 H was tested the Smørbukk Midt prospect, located between Smørbukk and Smørbukk Sør about 250 kilometres southwest of Brønnøysund…
Egypt's petroleum ministry said on Friday that two new wells in the deepwater West Delta have gone online, adding about 60 million cubic feet per day (mcfd) of natural gas to the country's output.Egypt seeks to boost gas production after increasingly turning to imports to meet domestic demand…
Offshore drilling contractor Borr Drilling has secured new contract commitments for two of its premium jack-up rigs and confirmed the start of operations for one of its rigs offshore Mexico.In the North Sea, Borr Drilling’s Prospector 1 jack…
EnerMech has secured a two-year contract extension with Dubai Petroleum to continue providing the Middle East operator with crane maintenance services across its offshore assets. Originally awarded in 2022, Dubai Petroleum has automatically extended the contract…
Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…
Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…
Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…
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