TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne…
Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…
Offshore drilling company on Monday announced new drilling contracts worth $65 million in total, excluding lump sum payments such as mobilization fees and capital reimbursements.These contracts were awarded after the company issued its most recent fleet status report on August 1…
TotalEnergies' Chief Executive Patrick Pouyanne will visit Suriname next week with the possibility of 'good news' on developing oil projects in the South American country, he said on Wednesday at a conference.France's TotalEnergies and partner U…
Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…
Singapore-based Seatrium Oil and Gas International has signed a Letter of Intent with Shell Offshore for construction work relating to Shell’s Sparta project in the Gulf of Mexico.Sparta is a deepwater development approximately 170 miles off the Louisiana coast…
Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.The floating production platform for the so-called Whiptail…
Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International (MSI)…
Oil company Tullow said Monday that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.'Gross production from the field has surpassed 100…
Guyana's environmental regulator on Wednesday granted an Exxon Mobil-led consortium approval to drill 35 new offshore exploration and appraisal wells as the group looks to expand its production successes in the South American country.The wells will be drilled within the group's 6…
Offshore drilling contractor Valaris said Wednesday it had recently secured offshore drilling rig contract wins and extensions worth about $150 million in total, the figure which does not include lump sum payments like mobilization fees and capital reimbursements…
Norwegian oil firm Equinor said Wednesday its plans for the development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa will be tied back to the Aasta Hansteen platform…
Oilfield services firm TechnipFMC said Monday it had won a significant contract with Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
Brazil's state-run oil company Petrobras said on Thursday the reinjection of natural gas in wells is essential to its oil production, especially in its pre-salt fields.Speaking at an event, its Chief Executive Jean Paul Prates also said the…
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