Providence Resources News

 

Turkey Discovers New Black Sea Gas Reserve

May 19, 2025

Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3…

Indonesia's Medco Starts Production at Natuna Sea Fields

May 16, 2025

Indonesian energy company Medco Energi Internasional on Friday started production at its Forel and Terubuk fields in the Natuna Sea, officials said.The two fields are part of the South Natuna Sea Block B and will increase its production by 20…

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

May 14, 2025

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), Petronas and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore Block I gas and condensate fields in Turkmenistan…

Eni Starts Gas Production at Merakes East Field in Indonesia

May 13, 2025

Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block, where Eni holds an 85% operating stake,…

Shell and Google Enter PPA to Extend Life of First Dutch Offshore Wind Farm

May 06, 2025

Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland’s first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind…

BW Energy Takes FID for Maromba Field Offshore Brazil

May 05, 2025

BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit…

Greece Greenlights Tender for Offshore Oil and Gas Exploration

May 02, 2025

Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…

Southern Energy Partners Reach FID for FLNG Export Project in Argentina

May 02, 2025

Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy…

Archer Inks Five-Year Deal with Repsol for Drilling Services

May 02, 2025

Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension…

BOEM Seeks Public Comment for Eleventh National Outer Continental Shelf Oil and Gas Leasing Program

Apr 29, 2025

On April 18, 2025, the Department of the Interior announced that the Bureau of Ocean Energy Management (BOEM) would soon initiate the first step in an engagement process to develop the 11th National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program)…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Apr 29, 2025

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt…

Saipem Gets On Bard Eni’s Liverpool Bay CCS Project

Apr 28, 2025

Italian energy contractor Saipem has secured a $590 million contract by Eni in the U.K. for the Liverpool Bay carbon capture and storage (CCS) project.The contract the course of three years, required to complete the project, which reached financial close earlier in April…

Shell to Exit Three Gas Projects Offshore Colombia

Apr 25, 2025

Oil giant Shell will pull out of three offshore gas projects in Colombia's Caribbean, it owns together with Colombia's state-run oil company Ecopetrol, the groups said on Thursday.Shell had acquired a 50% operating stake in Col 5, Purple Angel and Fuerte Sur deepwater blocs in 2020…

Capricornus Prospect in Namibia’s Orange Basin Delivers Oil Discovery

Apr 24, 2025

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship…

EnQuest Bags Two Production Sharing Contracts off Indonesia

Apr 23, 2025

U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia’s Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked…

Current News

Siemens Gamesa Discusses European Production With Chinese Rare Earth Suppliers

Siemens Gamesa Discusses Europ

Sierra Leone Awaits Results of Offshore Seismic Survey Ahead of Possible Oil and Gas Auction

Sierra Leone Awaits Results of

Bernhard Schulte Offshore Delivers New Commissioning Service Operation Vessel

Bernhard Schulte Offshore Deli

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

OSC, Ashtead Technology Bolste

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine