Walter Oil And Gas News

 

Shell, Equinor Unveil Name of UK North Sea’s Largest Oil and Gas Producer

Jun 27, 2025

Equinor and Shell have unveiled the name of their joint venture company, set to become U.K. North Sea’s largest independent oil and gas producer.Adura has been chosen as the name for Equinor’s and Shell’s incorporated joint venture (IJV).With a long-standing presence in the North Sea, the two companies have collaborated closely to identify the new name – rooted in their respective heritage and focused on shaping the future of the basin in the years ahead…

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Jun 27, 2025

U.K. based energy firm Centrica and Thai state-owned oil and gas giant PTT Group have signed heads of agreement for a long-term liquefied natural gas (LNG) supply deal.Under the agreement, PTT will supply LNG to Centrica for a 10-year period across a range of destinations in Asia…

Sierra Leone Awaits Seismic Survey Results Ahead of Possible Oil and Gas Round

Jun 26, 2025

Sierra Leone will wait for the results of a recently-launched offshore 3D seismic survey, its first in over a decade, ahead of potentially opening its next oil and gas licensing round later this year, a senior government official said on Thursday…

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

Jun 26, 2025

Subsea technology and services provider Ashtead Technology has entered into a strategic collaboration with Ocean Science Consulting (OSC) to streamline the delivery of environmental monitoring, mitigation solutions and compliance services across the global offshore energy sector…

New Subsea Infrastructure at Troll-Fram to Bring More Oil and Gas to Europe

Jun 26, 2025

Equinor and its Fram partners will invest over $2 billion in a new subsea development, dubbed Fram Sør project, to put more oil and gas resources on stream by connecting the new infrastructure to the existing facilities at Fram and Troll area…

Brazil Greenlights Additional Pre-Salt Oil Auction to Lift Revenue

Jun 26, 2025

Brazil's lower house of Congress on Wednesday approved an executive order allowing the government to auction its share of oil in uncontracted offshore pre-salt areas, a move that could help boost revenue as it struggles to balance its budget…

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

Jun 25, 2025

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Jun 25, 2025

Vietnam National Industry - Energy Group (Petrovietnam) and its joint venture partners officially signed the Product Sharing Contract (PSC) for Block 15-1 in the southern continental shelf of Vietnam.Block 15-1 is one of the oil and gas blocks…

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Jun 25, 2025

China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Jun 24, 2025

Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer as 15 technicians complete the pilot program developed by the Engineering Construction Industry Training Board (ECITB)…

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Jun 24, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has signed production and exploration contract with Ministry of Energy of the Republic of Kazakhstan and state-owned operator KazMunayGas (KMG) for Zhylyoi Subsoil Area…

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Jun 24, 2025

Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…

OEG Strengthens Oil and Gas Services Offering in Qatar

Jun 24, 2025

Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…

Prio Aims to Double Oil Output in 2026

Jun 23, 2025

Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday.Prio forecasts production to exceed 200,000 barrels per day (bpd) next year…

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Jun 20, 2025

Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country.'We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields…

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