Oil And Gas News


Chevron Eyes Oil and Gas Exploration Off Greece

Jan 20, 2025

U.S. oil producer Chevron has expressed an interest in exploring for hydrocarbons in Greece, southwest of the Peloponnese peninsula and up to the west of the island of Crete, the Greek energy ministry said on Monday.The ministry added in a statement…

Qatar Bolsters Safety of Offshore Assets with Vissim’s Monitoring System

Jan 20, 2025

Norwegian technology company Vissim has been hired to deliver a Centralized Vessel Monitoring and Alerting System (CVMAS) to Qatar.The system is designed to enhance safety and security for offshore assets, improve efficiency in vessel logistics…

Tracerco Lands TechnipFMC’s Contract for Mero Field’s Subsea Equipment

Jan 20, 2025

Industrial technology company Tracerco has secured a contract from Technip to deliver its measurement and control solutions profiler for the multi-phase subsea separation work on Petrobras’ Mero 3 High Pressure Separator (HISEP) pilot project in the Brazilian pre-salt oil region…

BP Restarts Shah Deniz Gas Platform Off Azerbaijan

Jan 20, 2025

BP, operator of the Shah Deniz gas and condensate field development project in Azerbaijan, said on Sunday it had restarted production at the Shah Deniz Alpha gas platform as of late Saturday.'Previously, a technical problem with the subsea condensate…

Six US LNG Cargoes Diverted from Asia to Europe

Jan 20, 2025

Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data.The diverted cargoes…

Wood Gets Maintenance Work at Esso Australia’s Offshore Assets

Jan 20, 2025

Engineering consultancy Wood has secured a new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, operated by Esso Australia, ExxonMobil's subsidiary.Supporting safe energy production…

CNOOC Boosts Dongfang Gas Fields Output with New Platform Coming Online

Jan 20, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Dongfang 29-1 gas project in the Yinggehai Basin, offshore China.The main production facilities at the project include a new unmanned wellhead platform and a subsea pipeline…

Lawsuit Seeks to Reverse Biden Ban

Jan 19, 2025

A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil and gas development along most U.S. coastlines.The lawsuit seeks a…

A New Use for Old Jackets

Jan 16, 2025

Global aquaculture production has already exceeded wild fisheries production, and space constraints in coastal areas have driven interest in the viability of combining aquaculture with offshore energy installations. New ideas keep coming.An…

Delayed Energy Transition Could Mean Higher Hydrocarbon Prices

Jan 16, 2025

As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices…

Petronas to Retain National Authority After Sarawak Gas Deal

Jan 15, 2025

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will retain its national authority over oil and gas even as Petroleum Sarawak Berhad (Petros) takes control of gas distribution in Sarawak state, Prime Minister Anwar Ibrahim said…

New US Energy Department Chief to Call for More LNG

Jan 15, 2025

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power…

Trident Energy Strengthens Oil and Gas Portfolio in Congo

Jan 15, 2025

Oil and gas company Trident Energy has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo), as well as an additional working interest in the Nkossa and Nsoko II fields from TotalEnergies.The acquisition results…

Norway Offers 53 New Production Licenses

Jan 14, 2025

The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf.  Of the 53 production licenses offered in APA 2024…

Current News

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Chevron Eyes Oil and Gas Exploration Off Greece

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