Oil And Gas News


Gimi FLNG Enters Commercial Ops at BP’s GTA Project off Western Africa

Jun 23, 2025

Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has reached the Commercial Operations Date (COD) for its 20-year lease and operate agreement for the BP-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal…

Aibel to Provide Maintenance Services for Two Vår Energi’s Oil and Gas Fields

Jun 23, 2025

Aibel and Vår Energi have signed a framework agreement for maintenance and modifications (M&M) for the Goliat and Gjøa fields on the Norwegian continental shelf.The contract has a duration of five years plus options, and its value is estimated to be around $119 million (NOK 1…

MDL Assists Saipem to Deliver Offshore Campaigns in West Africa

Jun 23, 2025

Maritime Developments (MDL) has supported Saipem’s work in West Africa by providing specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.The two scopes awarded to MDL entailed…

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Jun 23, 2025

Woodside Energy Trading Singapore and JERA have entered into a nonbinding heads of agreement (HOA) for the sale and purchase of LNG cargoes during Japan’s peak winter period.The agreement strengthens Woodside’s long-standing relationship with JERA and further supports Japan’s energy security…

Strategic Marine Delivers Fourth Fast Crew Boat to Thai Firm

Jun 23, 2025

Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024…

Eni Sells Plenitude Share to Ares for $2.3B

Jun 23, 2025

Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday.The transaction is part of…

Equinor Gets Permit to Drill North Sea Wildcat Well

Jun 23, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for wildcat well in the North Sea.The drilling permit is for a wellbore 15/8-3 S in production licence 1137, operated by Equinor with 50% working interest, with partner Orlen Upstream Norway holding the remaining 50%…

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

Jun 20, 2025

Offshore workers employed by TotalEnergies have overwhelmingly backed a new pay deal successfully negotiated by Unite, U.K.-based workers' union.Around 50 Unite members based on the Elgin Franklin and North Alwyn platforms agreed to an enhanced offer which amounts to a 2…

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Jun 20, 2025

Petronas, through its wholly-owned subsidiary Petronas Suriname E&P, has signed a Production Sharing Contract (PSC) for Block 66, located in the deepwater region offshore Suriname.The agreement was signed with Staatsolie Maatschappij Suriname and Paradise Oil Company (POC)…

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…

Equinor’s Johan Castberg Field Starts Producing at Peak Capacity

Jun 20, 2025

Only three months after coming on stream, Equinor’s Johan Castberg field in Barents Sea has started producing at peak capacity of 220,000 barrels of oil per day.The field’s peak production achievement increases energy deliveries from the Barents Sea by 150%…

ENEOS Gets Extension for Gas Block off Malaysia

Jun 20, 2025

Japan’s ENEOS Xplora, through its subsidiary ENEOS Xplora Malaysia, has signed an extension of production sharing contract (PSC) with Petronas for a block located off the coast of Sarawak in Malaysia.The PSC extension is for the block SK10 and will run for ten years…

Enhanced Oil Spill Detection System Starts Operating Offshore Brazil

Jun 19, 2025

Miros, in partnership with Belga Marine, has enhanced its Oil Spill Detection (OSD) monitoring system system to include cloud-based monitoring capabilities that are now fully operational across several production assets offshore Brazil.The updated…

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