Oil And Gas News


Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Jun 20, 2024

The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has left the shipyard in China and is currently on its way to Brazil, to be deployed at Petrobras’ Jubarte field, located in the Campos Basin…

Brazil Agency Nears Decision on Offshore Equatorial Margin

Jun 19, 2024

The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory studies in a region known as the Equatorial Margin, as both the company and the government push for a drilling license…

DeepOcean Gets Subsea Services Job at Woodside’s Sangomar Field

Jun 19, 2024

Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…

Equinor's Wildcat Well Comes Up Dry in Barents Sea Snøras Prospect

Jun 19, 2024

Equinor has drilled a dry wildcat well in the Snøras prospect, located in the Barents Sea, offshore Norway.The well, 7220/2-2, drilled by the Transocean Enabler rig, is located in production license 1080, which was awarded in the Awards in Predefined Area (APA) in 2020…

Wintershall Dea Finds Oil at Cuvette Well Near Vega Field Off Norway

Jun 19, 2024

German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…

Ivory Coast Expects Threefold Oil Output Increase by 2027

Jun 18, 2024

Ivory Coast expects a more than threefold increase to its oil output by 2027, boosted by recent oil and gas discoveries at the West African nation's Baleine and Calao offshore fields, President Alassane Ouattara said on Tuesday.The world's top…

Etu Energias Acquires Galp’s Share in Angola’s Offshore Blocks

Jun 18, 2024

Angolan energy company Etu Energias, formerly Somoil, has acquired Galp’s stake in three blocks offshore Angola, operated by TotalEnergies and Chevron.Etu Energias concluded the acquisition of Galp’s working interests in Block 32 (5%), Block 14 (9%) and in Block 14K (4…

Diamond Offshore Shuts Gulf of Mexico Oil Rig

Jun 17, 2024

Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…

ABL Group Wraps Up Ross Offshore Acquisition

Jun 17, 2024

Global consultancy ABL Group has completed the transaction to acquire 100% of the shares of specialist energy consultancy Ross Offshore, which now will merge with ABL Group company AGR.The combination of AGR and Ross Offshore will further strengthen…

Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project

Jun 17, 2024

Mexico's President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country's first deepwater natural gas project, working alongside state energy company Pemex.In March, Reuters reported…

Vallourec Hooks Major Deal with Equinor for Equipment Supply off Brazil

Jun 17, 2024

France-based tubular solutions supplier Vallourec has secured a five-year contract with energy giant Equinor for the supply of tubes and connections, accessories, and services for oil and gas fields in Brazil.Vallourec low-carbon OCTG solutions…

Liebherr Secures Order for Two Offshore Cranes for FPSO Operating Off Canada

Jun 17, 2024

Crane specialist Liebherr has sold two of its BOS 2600 Board Offshore Cranes to a Canadian customer that will be installed on the floating production storage offloading unit (FPSO) operating off the coast of Newfoundland in Canada.The BOS 2600…

BlueNord Spuds Harald East Well in Danish North Sea

Jun 17, 2024

Norway-based oil and gas company BlueNord has started drilling operations at the Harald East Middle Jurassic well (HEMJ), which could start delivering gas by the end of 2024, set to be exported through the Tyra East facilities.The HEMJ was spudded in the Harald East area…

Esgian Week 24 Report: Noble and Diamond Offshore Announce Merger Plans

Jun 16, 2024

Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…

Dana Petroleum Hires Subsea7 for North Sea Field Job

Jun 14, 2024

UK-based oil and gas company Dana Petroleum has awarded a contract to Subsea7 for the provision of subsea services for the Bittern field development, in the UK Central North Sea.The contract scope, whose value is between $50 million and $150 million…

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