Oil And Gas News


India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

Sep 27, 2024

India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…

Petrobras to Reopen Closed Well at Roncador Field Off Brazil

Sep 27, 2024

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, the company's chief said on Thursday.The well, located off the Brazilian coast northeast of Rio de Janeiro…

CNOOC Starts Production from Deepwater Gas Project in South China Sea

Sep 27, 2024

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at phase-2 development at its Shenhai-1 deepwater gas project in northern South China Sea.The project is located in the Qiongdongnan Basin…

Suncor Pleads Guilty to Charges for 2019 Terra Nova FPSO Injury Incident

Sep 27, 2024

Canada’s oil and gas producer Suncor Energy has pleaded guilty to the charges from the incident that took place in 2019, when a worker was injured following a fall from a ladder while conducting gas testing onboard the Terra Nova FPSO, in the Canada-Newfoundland and Labrador Offshore Area…

Brava Energia Welcomes US Oil and Gas Company as Partner in Two Brazil Fields

Sep 27, 2024

Brava Energia, formerly 3R Petroleum before the merger with Enauta, has concluded a sale of 20% stake in a concession offshore Brazil to the affiliates of Westlawn Americas Offshore (WAO), welcoming the U.S. oil and gas company as partner in the Atlanta and Oliva fields…

Northern Ocean Forms Alliance with Springfield as It Secures Work for Deepsea Bollsta Rig

Sep 27, 2024

Offshore drilling contractor Northern Ocean has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities.The strategic…

Hurricane Helene: 17 Oil and Gas Platform Evacuated in US Gulf of Mexico

Sep 26, 2024

About 29% of crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene, the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday.Energy producers had shut-in 511,000…

Odjfell Drilling Share Block Sale Wraps Up

Sep 26, 2024

A block share of existing shares in offshore drilling contractor Odfjell Drilling, led by Odfjell Partners Holding, which is ultimately controlled by Helene Odfjell and family, has been completed through an accelerated bookbuilding process.The seller…

Saipem Pre-Qualifies for Work at Libya’s Major Offshore Gas Project

Sep 26, 2024

Italian multinational oilfield services company Saipem has pre-qualified to carry out EPCC works for Production Platform E – part of the $8 billion Structures A&E Development Project, which aims to increase Libya's gas production.Led by Mellitah…

Sinochem in Talks to Sell Peregrino Stake

Sep 25, 2024

The chief executive of Brazilian oil company Prio is 'optimistic' about talks with China's oil and chemicals firm Sinochem for the potential purchase of a stake in the Peregrino oil field, he told Reuters on Wednesday.No binding agreement has been reached so far…

Trinidad Chooses Preferred Bidder for Shallow Block

Sep 25, 2024

Trinidad and Tobago selected oil and gas producer Shell as the preferred bidder for a shallow water block, beating out bids from BP and EOG Resources, three people close to the process said.Trinidad and Tobago has in recent years struggled to…

BP Sets Eyes on India’s Oil and Gas Opportunities

Sep 25, 2024

Global energy major BP said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country.India, the world's third-biggest oil importer and consumer, wants to quickly raise its oil and gas output…

JDR Cables Sets Up Shop in Brazil

Sep 24, 2024

JDR Cables, a global subsea cable supplier and service provider, part of the TFKable Group, has has opened a new service center in Macaé in the state of Rio de Janeiro as part of strategic expansion into Brazil.The service center began operations in the third quarter of 2024…

US Oilfield Services Firms Form Strategic Technology Alliance

Sep 24, 2024

Oilfield Service Professionals (OSP), a provider of oilfield technology and service solutions related to well construction, downhole interventions, and decommissioning, has entered a strategic global technology alliance with Alpha Oil Tools…

German JV Orders Four New Vessels for Offshore Energy Market

Sep 24, 2024

A joint venture between Schoeller Holdings and Deutsche Offshore Schifffahrt has ordered four construction commissioning service operation vessels (C-CSOVs) from the Chinese shipyard for offshore wind and wider offshore energy sector.The construction…

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