Providence Resources News

 

ConocoPhillips Takes Over Operatorship of Malaysian Oil and Gas Cluster

Jan 27, 2025

ConocoPhillips Sabah Gas, a subsidiary of the global energy company ConocoPhillips, has taken over the operatorship of Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Malaysia.The transfer took effect on 21 January 2025, making…

Kuwait Strikes Oil and Gas at Al-Jlaiaa Offshore Field

Jan 22, 2025

Kuwait Oil Company (KOC) has made a discovery of hydrocarbon resources with large commercial quantities at the Al-Jlaiaa offshore field, estimated at 800 million of medium-density oil barrels and 600 billion standard cubic feet of associated gas…

Wood Gets Maintenance Work at Esso Australia’s Offshore Assets

Jan 20, 2025

Engineering consultancy Wood has secured a new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, operated by Esso Australia, ExxonMobil's subsidiary.Supporting safe energy production…

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Jan 20, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Dongfang 29-1 gas project in the Yinggehai Basin, offshore China.The main production facilities at the project include a new unmanned wellhead platform and a subsea pipeline…

Delayed Energy Transition Could Mean Higher Hydrocarbon Prices

Jan 16, 2025

As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices…

New Helicopter Ops Guide Released by ICS

Jan 15, 2025

International Chamber of Shipping (ICS) Publications is proud to announce the release of the sixth edition of the ICS Guide to Helicopter/Ship Operations, an essential resource that has been setting the standard for safe and efficient helicopter/ship interactions for almost 50 years…

NYK Launches Japan’s Offshore Wind Ship Management Firm

Jan 14, 2025

NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent…

Kazakhstan Orders Kashagan Oil Field Operator to Pay $6.6M Fine

Jan 10, 2025

A court in Kazakhstan has fined the operator of the giant Kashagan oilfield 3.5 billion tenge ($6.64 million) for environmental violations, such as excessive gas flaring, local media reported.The group, which includes Shell, Eni, TotalEnergies and Exxon Mobil…

Tower Resources Inks Farm-Out Deals with Prime for Cameroon and Namibia Licenses

Jan 10, 2025

U.K. oil and gas company Tower Resources has signed two farm-out agreements with Prime Global Energies for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia.Through its wholly-owned subsidiary…

Shell Comes Up Dry Offshore Namibia

Jan 08, 2025

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas…

Australian Oil and Gas Firm Joins Sonangol’s Offshore Block in Angola

Jan 06, 2025

Australian oil and gas company Red Sky Energy has signed a risk service contract with the Angolan National Agency for Oil, Gas and Biofuels (ANPG), acquiring 35% interest in Sonangol-operated Block 6/24 in the Kwanza Basin, offshore Angola.Sonangol…

Sable Offshore give Update on the Haaland Lawsuit

Jan 03, 2025

Sable Offshore Corp. provided an update on the previously disclosed Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit. On December 20, 2024, the U.S. Department of Justice (in its capacity as counsel for the U.S. Bureau of Safety and Environmental Enforcement…

BP’s Greater Tortue Ahmeyim Produces First Gas in West Africa

Jan 02, 2025

BP has started gas flow from Greater Tortue Ahmeyim (GTA) Phase 1 deepwater project, offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows to the floating production storage and offloading (FPSO) vessel for the next stage of commissioning…

Equinor, Partners Set Up Single Unit for Two UK Offshore Wind Farms

Dec 17, 2024

Norway's Equinor and partners have agreed to join two planned offshore wind projects in Britain into one legal entity, in a move it said would be more cost-effective and help to minimize the environmental impact.The projects are extensions to…

Perenco Wraps Up Acquisition of BP’s Mature Gas Fields Off Trinidad and Tobago

Dec 17, 2024

Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…

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Shell Boosts Production from N

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