North Sea daily oil output in February will be slightly lower than January's plan, dropping by about 0.5%, according to Reuters calculations based on loading programmes provided by trade sources.Loadings of nine North Sea crude grades will average 1.672 million barrels per day in February, compared with 1.681 million bpd originally planned for January.The table below is based on the original loading programmes for nine crudes tracked by Reuters…
Navitas Petroleum has signed a non-binding agreement to farm into an offshore exploration license in the North Falklands Basin adjacent to its recently sanctioned Sea Lion oil development, as the operator advances plans to expand its footprint in the region…
Oil and gas firm Ithaca Energy has exercised all three remaining weeks of options for Prosafe’s Safe Caledonia accommodation rig, which will continue providing support at its Captain field in the U.K. sector of the North Sea.The extension will…
TotalEnergies, together with its partners Eni and QatarEnergy, have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore Lebanon.TotalEnergies is the operator of the Block 8 with 35% interest, while Eni holds 35% share…
AF Offshore Decom (AFOD), a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, dismantling, and recycling of a floating production platform from the U.K. sector of the North Sea.The facility has a total weight of approximately 23…
SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding its upstream presence in Southeast Asia.The stake was acquired from Petronas North Ketapang…
The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden…
Singapore-based Mooreast Holdings has signed a memorandum of understanding with Norway-based rigging and industrial services group GMC Holdings to explore offshore wind and oil and gas opportunities in Norway and the wider North Sea.Under the non-binding agreement…
Viridien has successfully completed the BM-S-2 seismic reimaging project in the southern Santos Basin, delivering a modern, high-fidelity 3D dataset across 8,468 sq km to support growing exploration activity in one of the most strategic, emerging offshore regions of Brazil…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…
Indonesia announced a round of oil and gas block tenders on Monday, offering eight new blocks to contractors, an energy ministry document showed, amid efforts to increase energy reserves.Indonesia's oil and gas production has been on a downtrend in the past decade due to depleting reserves…
Aker BP has exercised the three-year extension option under the long-term contract with Archer for the provision of platform drilling operations and maintenance services in the North Sea.The long-term contract was originally awarded in November…
Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…
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