Oil And Gas News


Oceaneering and GDi Team Up for Oil and Gas Digital Asset Management

Mar 21, 2024

Oceaneering International has signed a strategic collaboration agreement with Global Design Innovation (GDi) to deliver digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation. The…

ASCO Secures Over $25M in BP, TotalEnergies and Centrica Contracts

Mar 21, 2024

Scotland-based logistics and materials management company ASCO has secured a string of contract extensions with long-standing clients BP, TotalEnergies, and Centrica Energy Storage worth over $25.4 million.The renewed contracts will each last up to three years…

Equinor, DNO Wrap Up Appraisal of Two Wells in Heisenberg Discovery

Mar 21, 2024

Norwegian oil and gas companies Equinor and DNO have completed appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery, which is now estimated to hold recoverable volumes in the range of 24 to 56 million barrels of oil equivalent (MMboe)…

Petrobras Exec Says Gas Export Possible from Colombia Project

Mar 20, 2024

A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday…

Suriname Presses Exxon, TotalEnergies to Combine Gas Developments

Mar 20, 2024

Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…

Dril-Quip and Innovex Agree Merger in All-Stock Deal

Mar 20, 2024

Dril-Quip and Innovex Downhole Solutions have agreed to merge, creating a ‘unique’ industrial platform for onshore and offshore oil and gas sector.In an all-stock transaction, Dril-Quip will combine its drilling and production equipment expertise…

Atlanta FPSO Sets Sail for Brazil

Mar 20, 2024

Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil.After the conclusion of the activities in Dubai and sea trials…

ExxonMobil Strikes Oil Offshore Guyana

Mar 20, 2024

ExxonMobil has made an oil discovery at Bluefin in the Stabroek block offshore Guyana, marking its first discovery of 2024.The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drilling's Stena Drillmax drillship in 4…

MAN Energy Solutions Lands Major Order for MODEC’s New FPSO

Mar 20, 2024

MAN Energy Solutions has been hired to supply 11 RB-type compressor trains for MODEC’s floating production storage and offloading (FPSO) unit that will be deployed at the Raia project, in the Campos Basin, offshore Brazil.The order’s substantial…

Zanzibar Launches Its First Oil and Gas Licensing Round

Mar 20, 2024

Zanzibar has launched its first licensing round, inviting bids for eight blocks offshore the insular semi-autonomous region of Tanzania.The Ministry of Blue Economy and Fisheries has on March 20, 2024, invited bids for the blocks spanning 31…

Aker BP Gets Green Light for Exploration Drilling in North Sea

Mar 20, 2024

Aker BP has received consent from the Norwegian Ocean Industry Authority (Havtil) for exploration drilling in the North Sea.The consent was issued for two wells located in production license 102 F/G, where Aker BP is the operator with 60% working interest…

OneSubsea to Supply Subsea Wellheads for Prime Energy’s Malampaya Field

Mar 19, 2024

Prime Energy has awarded of a contract to OneSubsea, a Schlumberger company, for the supply of wellheads, christmas trees (control equipment), and subsea production system for phase 4 drilling at Malampaya field, offshore Philippines.The equipment…

CEO Says Exxon Mobil Not Trying to Buy Hess

Mar 18, 2024

Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp's Guyana assets in its dispute with Chevron, not buy the company itself.In his first public remarks on the company's pursuit of an arbitration…

Final Subsea System Components for Atlanta FPSO En Route to Brazil

Mar 18, 2024

The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped.The final pieces of subsea system equipment…

Vår Energi Initiates Intra-Group Reorganization

Mar 18, 2024

Vår Energi and its wholly-owned subsidiary Vår Energi Norge, formerly Neptune Energy Norge, have agreed a joint merger plan for an intra-group merger of the two companies.The purpose of the merger is to simplify the corporate structure in the…

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