Walter Oil And Gas News

 

Egypt Still on Hold as Israel Resumes Limited Gas Exports

Jun 20, 2025

Israel has resumed limited natural gas exports from surplus supplies, the country's Energy Ministry said on Thursday, nearly a week after shutting down two key offshore fields as Israel and Iran waged an air battle.A ministry spokesperson told Reuters that exports are now resuming 'from surpluses…

Norway's Oil and Gas Output Falls Behind Forecast In May

Jun 20, 2025

Norway's combined oil and gas production lagged an official forecast by 0.5% in May, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies from…

UK Releases Environmental Guide on Future North Sea Oil and Gas Drilling

Jun 20, 2025

Britain on Thursday published long-awaited environmental guidance which is expected to impact the future development of two vast North Sea oil and gas fields by companies including Shell and Equinor.The guidance sets out how greenhouse gas emissions that would come from the oil and gas being used…

Vallourec to Deliver Tubular Solution for Qatar’s Drilling ops

Jun 19, 2025

French tubular solutions supplier Vallourec has secured a large contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar, valued at over $50 million in potential revenue.The agreement includes the supply of carbon steel OCTG products with premium connections…

Israel to Restart Gas Exports After Military Deems It Safe

Jun 19, 2025

Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day.Two of Israel's three…

SBM Offshore Inks O&M Contract with TotalEnergies for GranMorgu FPSO

Jun 19, 2025

SBM Offshore has signed an operations and maintenance contract with TotalEnergies EP Suriname, an affiliate of TotalEnergies, for the GranMorgu floating production, storage and offloading (FPSO) unit, as part of the field development project located in Block 58 in Suriname…

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Jun 19, 2025

Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…

Petrobras Acquires 13 Oil and Gas Blocks in Brazil’s Latest Bidding Round

Jun 18, 2025

Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the fifth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP)…

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Jun 17, 2025

Malaysian state energy company Petronas said on Tuesday it expects to take one to two years to set up a planned joint venture with Italian energy group Eni on upstream assets in Indonesia and Malaysia.The companies announced a joint venture framework…

Wood JV Gets EPC Job for Shell off Brunei

Jun 17, 2025

TendrillWood, a joint venture company between Wood Group and Tendrill, has secured a five-year contract with Brunei Shell Petroleum (BSP) for brownfield engineering, procurement, and construction (EPC) services.Under the contract, the TendrillWood JV will deliver integrated…

Republican Governor Doesn’t Want Trump’s Offshore Drilling

Jun 16, 2025

The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request…

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Jun 16, 2025

TotalEnergies has acquired interests from Petronas in multiple blocks offshore Malaysia and in one block offshore Indonesia, where exploration, appraisal and development programs will be progressed.The licenses, which are all in different maturation stages…

ADNOC-Led Consortium Makes $18.7B Bid to Buy Australia’s Santos

Jun 16, 2025

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business…

TotalEnergies Grows US Oil and Gas Portfolio with Chevron Deal

Jun 16, 2025

TotalEnergies has entered 40 Chevron-operated exploration blocks, growing its portfolio of U.S. offshore oil and gas assets.TotalEnergies has acquired a 25% working interest in a portfolio of exploration leases offshore U.S. from Chevron, which acts as the operator…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

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