Oil And Gas News


CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras

Jul 11, 2024

CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras…

Woodside and Taiwan’s CPC Ink Long-Term LNG Supply Deal

Jul 11, 2024

Australian oil and gas giant Woodside has signed a sale and purchase agreement (SPA) with CPC Corporation for the long-term supply of liquefied natural gas (LNG) to Taiwan.Under the SPA, Woodside will supply approximately 6 million tonnes of LNG on a delivered basis over 10 years…

Equinor Gets Clearance for Exploration Ops in Norwegian Sea

Jul 11, 2024

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea with Odfjell Drilling’s Deepsea Atlantic rig.The permit has been issued for wellbore 6610/7-3 in production license 1014, with the entry date set for October 2024…

Eni Hires ABL for Congo Floating LNG Transportation and Installation Verification

Jul 11, 2024

Energy and marine consultancy ABL has been appointed by Eni to provide marine warranty survey services (MWS) for the offshore transportation and installation (T&I) campaign for Phase 2 of the Marine XII Congo LNG development project.Phase 2 of the project envisages the fabrication…

Lower Than Average Production at PNGF Sud Off Congo Brings Workover Team to Field

Jul 11, 2024

Oil and gas company PetroNor E&P has marked lower than average production at Perenco-operated PNGF Sud field offshore Congo in the second quarter of the year, disclosing also that an additional workover team will be employed at the field to bring it up to speed…

Production Start from FPSO Atlanta Up for Potential Delays

Jul 11, 2024

Oil and gas company Enauta has completed the anchoring of the floating production storage and offloading (FPSO) unit Atlanta at a field in Santos Basin, offshore Brazil. However, the production start from the unit might face delays due to announced…

Shell, BP, Mitsui, TotalEnergies Each Take 10% Share of ADNOC’s Ruwais LNG Scheme

Jul 10, 2024

Shell, BP, Mitsui and TotalEnergies have agreed to each take a 10% participating interest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in the United Arab Emirates.The Ruwais LNG project will consist of two 4…

BP Energy Outlook: Both Main Scenarios See 2025 Oil Peak, Rapid Renewables Growth

Jul 10, 2024

BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday.Carbon emissions…

Greek Firm to Supply Steel Pipes for Woodside’s Trion Deepwater Field

Jul 10, 2024

Corinth Pipeworks has secured a contract from Woodside Energy, the operator of the Trion deepwater field offshore Mexico, to manufacture and supply  approximately 118 kilometers of High Frequency Welded (HFW) steel pipes.The Trion field is located…

Vallourec Gets TotalEnergies’ Contract for Kaminho Deepwater Project

Jul 10, 2024

France-based tubular solutions supplier Vallourec has secured a contract from TotalEnergies to supply almost 5,000 tonnes of OCTG solutions and associated services for the Kaminho deepwater project on Block 20, 100 km off the coast of Angola…

Wellesley Petroleum Strikes Oil in North Sea

Jul 10, 2024

Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea…

Shell Greenlights Manate Gas Field Development Off Trinidad and Tobago

Jul 09, 2024

Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…

Shell Joins Chase for 'Big Prize' Off South Africa's West Coast

Jul 09, 2024

Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report from independent environmental consultancy SLR showed on Tuesday.The oil major plans to drill exploration…

BP Shares Dip After Warning Weak Refining Will Hit Q2 Profits

Jul 09, 2024

Weak refining margins and lower oil trading results will dent BP's second-quarter profit by up to $700 million, the company said on Tuesday, sending its shares down by over 3%.The warning, which led several analysts to lower their earnings estimates…

Energy Trader MET Group Signs 10-year US LNG supply Deal with Shell

Jul 09, 2024

Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…

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