Oil And Gas News


Subsea7 Hires GEG to Fabricate Subsea Spools for Aker BP’s Yggdrasil Field

Aug 15, 2024

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 subsea spools for the Aker BP-operated Yggdrasil field in the North Sea.The work will be executed from GEG’s flagship multi-user energy facility at the Port of Nigg…

Valeura Produces First Oil from Nong Yao Extension Off Thailand

Aug 15, 2024

Canada-based oil and gas company Valeura Energy has produced first oil from its Nong Yao C development offshore Thailand.The first three of the seven Nong Yao C development wells were opened up for oil production on August 15, 2024, with additional wells to be brought online successively thereafter…

Borr Drilling Takes Delivery of Fourth Jackup

Aug 14, 2024

Seatrium has delivered its fourth jackup rig, Vali, to Borr Drilling from its Pioneer Yard in Singapore about a year ahead of its planned delivery next year.Vali is a KFELS Super B Class rig, specifically engineered to operate in water depths…

Guyana Hammerhead Oil Project Plan Expected in 2025

Aug 14, 2024

A development plan for Guyana's seventh offshore oil project is expected early next year, Natural Resources Minister Vickram Bharrat said on Wednesday, and would bring the South American nation's total oil production to more than 1.4 million barrels per day…

Germany Seeks Arrest of Ukrainian Diver in Nord Stream Probe

Aug 14, 2024

Germany has asked Poland to arrest a Ukrainian diving instructor who was allegedly part of a team that blew up the Nord Stream gas pipelines two years ago, according to reports in German media published on Wednesday.However, one media outlet said the man appeared to be no longer living in Poland…

DNO Norge Gets Clearance for North Sea Drilling Operation

Aug 14, 2024

The Norwegian Offshore Directorate (NOD) has granted DNO Norge a drilling permit for a wildcat well in the North Sea, to be conducted using Noble Corporation's Noble Invincible ultra-harsh environment jack-up rig.The drilling permit is for a wellbore2/6-7 S in production license 1086…

Brazil Environmental Workers Agree to Stop Strike Affecting Oil Permits

Aug 13, 2024

A union representing Brazil's federal environment workers said it had signed an agreement with the government to end a strike affecting oil and gas licenses in Latin America's largest economy, according to a press release on Monday.The union Ascema…

First LNG Cargo Sets Sail from New Fortress Energy’s Mexico FLNG (Video)

Aug 13, 2024

One of the world’s leading LNG project developers New Fortress Energy (NFE) has completed the first cargo load and sail operation from its floating liquefied natural gas (FLNG) unit offshore Altamira in Mexico.The first cargo has been loaded…

Petronas Helps Suppliers Go Green

Aug 12, 2024

Petronas is encouraging Malaysia’s oil and gas services and equipment suppliers to embrace sustainability principles by providing training and tools to help them adopt new practices.Petronas will help with ESG knowledge and capacity building…

Industry First: Deepwater Tech Brings Chevron's Anchor Field Online (Video)

Aug 12, 2024

The first oil from the Anchor field, operated by Chevron with partner TotalEnergies, has started flowing in the U.S. Gulf of Mexico, marking the successful delivery of the high-pressure technology in an industry first.The high-pressure technology…

McDermott Scoops Shell’s EPCI Contract for Caribbean Gas Development

Aug 12, 2024

Offshore engineering and construction firm McDermott has secured an engineering, procurement, construction, installation (EPCI), hook up and commissioning contract from Shell for the Manatee gas field development, offshore Trinidad and Tobago…

Talos to Drill Three High-Impact Wells in Gulf of Mexico with West Vela Drillship

Aug 12, 2024

U.S. oil and gas company Talos Energy has set out plans to drill three consecutive high-impact subsalt wells in the Gulf of Mexico, using Seadrill’s West Vela drillship.In an operations update, Talos Energy said it expects to take possession…

New Fortress Energy's Stock Goes Down Amid Q2 Net Loss Report

Aug 12, 2024

New Fortress Energy missed second-quarter earnings estimates on Friday after delays in starting up a floating LNG export facility off the coast of Altamira in Mexico.New Fortress stock was down 25% on Friday morning on Nasdaq.The company reported…

US Drilling Firms Grow Oil and Gas Rig Count

Aug 12, 2024

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to August 9…

SeaTwirl, Serica Energy to Explore Electrification of Offshore Assets with Floating Wind

Aug 12, 2024

Floating wind turbine developer SeaTwirl has signed memorandum of understanding (MoU) with offshore oil and gas operator Serica Energy to collaborate on exploring the feasibility of electrification of offshore assets and oil and gas activities with SeaTwirl's floating wind turbine…

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