Oil And Gas News


Esgian Week 23 Report: Semisub Action in Norway, Australia

Jun 09, 2024

Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…

New Zealand to Introduce Bill to Reverse Oil and Gas Exploration Ban

Jun 09, 2024

New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018…

Gas Flow from Norway to Britain Resumes after Repair

Jun 07, 2024

The flow of Norwegian gas to northern England via the Langeled pipeline resumed on Friday, live data from Britain's system operator National Gas showed following a June 2 outage that triggered renewed concerns over energy security in Europe…

Egypt to Issue Tender for at Least 15 LNG Cargoes to Cover Summer Demand

Jun 07, 2024

Egypt plans to issue a buy tender seeking 15-20 cargoes of liquefied natural gas (LNG) to cover heavy summer demand that had led to a wave of rolling blackouts and forced temporary shutdowns of chemical and fertilizers plants, four industry sources told Reuters…

Vallourec Reels In Major Petrobras Contract for Tubes and Services Supply

Jun 07, 2024

France-based tubular solutions supplier Vallourec has secured a contract to supply Petrobras with carbon steel tubes and accessories to be used in various offshore development wells, mainly off the Brazilian coastline.Vallourec will supply 1…

Equinor Picks Emerson Downhole Monitoring Kit for Rosebank Field

Jun 06, 2024

Equinor has selected engineering services firm Emerson to provide advanced well completion monitoring systems for its Rosebank oil and gas field in the North Sea, the U.K.'s largest undeveloped offshore field.Emerson’s suite of Roxar downhole…

CNOOC Makes Major Gas Discovery in South China Sea Waters

Jun 06, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea.Lingshui 36-1 gas field is located in western South China Sea, with an average water depth of approximately 1…

North Sea Firms Postpone Oilfield Opening after Early UK Election Called

Jun 06, 2024

Three British energy companies have decided to delay by a year the planned start of oil production at their joint-venture oilfield in the North Sea, citing the need for clarity on the fiscal policies of the next government.Jersey Oil and Gas…

SBM Offshore Lines Up Fast4Ward Hull for Block 58 FPSO in Suriname

Jun 06, 2024

Dutch FPSO leasing specialist SBM Offshore has informed that its Fast4Ward hull has been reserved by TotalEnergies for the Block 58 development project, offshore Suriname.SBM Offshore is working in partnership with Technip Energies, and in line…

Aker Solutions Hooks Azule Energy’s FPSOs Modification Job Offshore Angola

Jun 06, 2024

Aker Solutions has secured a ‘sizeable’ long-term frame agreement with Azule Energy to provide engineering, procurement, and construction (EPC) services for brownfield projects and modifications for two floating production, storage, and offloading (FPSO) units in Angola…

Eco Atlantic Farms Into Orange Basin Block Off South Africa

Jun 06, 2024

Eco (Atlantic) Oil & Gas has started the farm-in process into Block 1 offshore South Africa Orange Basin, while confirming it is relinquishing its 50% working interest operated offshore Block 2B in South Africa.Through its 100% owned subsidiary Azinam South Africa Limited…

OMV Gets Permit for Drilling Ops in Norwegian Sea

Jun 05, 2024

The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…

Brazilian Drilling Contractor Goes to Public Market in Norway

Jun 05, 2024

Brazilian deepwater drilling firm Ventura Offshore Holding has been listed for public trading at Euronext Growth in Oslo, Norway.On March 8, 2024, Ventura Offshore Holding entered into a share purchase agreement (SPA) with Petroserv Marine regarding…

Chevron Extends Shelf Drilling's Jack-Up Stay in West Africa

Jun 05, 2024

Offshore drilling firm Shelf Drilling has secured a contract from Chevron's Angola subsidiary for its Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.The total added value of the contract is $66 million, according to Shelf Drilling…

TotalEnergies Closing in on Block 58 FID Offshore Suriname

Jun 05, 2024

TotalEnergies, together with APA Corporation and Staatsolie, has made progress toward reaching the final investment decision (FID) for the development of deepwater Block 58 offshore Suriname, expected to be made in the fourth quarter of 2024…

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