Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia where it has made a major oil discovery, three industry sources familiar with the matter told Reuters.Galp's Mopane discovery, which is estimated to hold at least 10 billion barrels of oil and gas equivalent, appears to be one of the largest in the basin which could help kickstart…
Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel…
Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday due to a gas leak that occurred during maintenance, the company said in a statement.Production at Europe's largest LNG export facility had been halted at the time due to the ongoing work…
Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana.Following the early…
Trident Energy, has on behalf of the joint venture partners, awarded a contract to Noble Corporation for its Noble Venturer drillship, which is scheduled to restart the infill drilling at the Ceiba Field and Okume Complex offshore Equatorial Guinea…
Norwegian company Techouse has delivered a new sulphate removal unit (SRU) that will be installed on board the Voyageur Spirit FPSO, which is set for deployment at Eni-operated Baleine oil field offshore Côte d'Ivoire.Having secured the contract in May 2023…
Portuguese oil company Galp has successfully completed the first phase of the Mopane exploration campaign in the PEL 83 block offshore Namibia, and started a process of evaluating commerciality of oil discoveries made in the past months.Galp (80%…
Aker BP-operated Hanz field in the Norwegian part of the North Sea, which is tied into the Ivar Aasen platform, has started production.Hanz is operated by Aker BP with 35% working interest, with partners Equinor owning 50% and Sval Energi 15% stake…
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…
Türkiye hopes to conduct a deep-sea oil drilling operation off the Somali coast in 2025, Energy Minister Alparslan Bayraktar said on Friday in an interview on broadcaster NTV.Türkiye and Somalia signed an offshore oil and natural gas cooperation deal last month…
Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, as strong international oil and gas drilling demand helped offset a slowdown in North America activity.Companies such as SLB have gained from a rise in demand…
Prime Energy has informed that the Malampaya offshore gas field in the Philippines was able to deliver more than its export capacity as the grid of the country’s Luzon island was placed on red and yellow alerts.Prime Energy, operator of the Malampaya project…
Petrobras and BP have signed Memorandum of Understanding (MoU) to promote cooperation and business opportunities between the companies.Petrobras and BP are partners in exploration blocks in the Exploration & Production segment, including Alto de Cabo Frio Central…
Woodside Energy posted a fall in first-quarter revenue on Friday compared with the previous three-month period due to lower realised oil and liquefied natural gas prices and flagged declining production volumes at some of its major projects…
OMV Petrom has appointed global energy and marine consultancy ABL to provide Marine Warranty Survey (MWS) services for the construction of Romania’s Neptun Deep gas field project in the Black Sea.ABL’s London operation has won the contract to provide MWS services to review…
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