Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…
Malaysia's Sapura Energy has won the FEED contract for the design, construction, and installation of the Wellhead Platform (WHP) for Dorado offshore development in Western Australia.The WHP will be an unmanned installation, located in 90 meters water over the Dorado oil and gas field…
A deadly weekend fire at an offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could have been caused by a gas leak, Pemex's chief executive said on Wednesday.Five workers were killed…
Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure.Enauta said Wednesday that all the wells tied to the early production…
Oil prices dropped on Wednesday but stayed above $70 a barrel, taking a breather after recent days' strong rally as Mexico was set to resume crude production following a major outage.Brent crude fell 33 cents, or 0.46%, to $70.72 a barrel by 0904 GMT…
Completions company Tendeka has appointed Jonathan Abbott as its new chief technology officer (CTO).Abbott, appointed to drive Tendeka's next generation of products and systems, takes on the role with almost 20 years’ international experience in operations…
Stavanger-based company Techouse has secured a contract with the Norwegian oil firm Aker BP to perform the front-end engineering and design extension study for the Sulfate Removal Unit (SRU) for the Valhall IP platform in the Norwegian part of the North Sea…
A deadly accident on an offshore platform belonging to Mexican state oil company Pemex 'may slow' the company's production growth rate, ratings agency Fitch said in a statement on Tuesday, after officials confirmed a sharp hit to output.The…
Mexican state oil firm Petroleos Mexicanos (Pemex) expects to resume by Aug. 30 all oil production shut down by a deadly fire on an offshore platform, the firm's chief executive said on Tuesday.Five workers were killed, two are missing and six…
BHP Group is at risk of a two-notch downgrade that would provoke its lowest ever credit rating as the sale of its petroleum business raises the miner's dependence on its major business of iron ore, S&P Global said on Tuesday.BHP has agreed to…
Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil.The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…
China's state-run offshore oil and gas explorer and producer CNOOC said Monday it had started production from its Luda 6-2 oil field ahead of schedule.Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with an average water depth of about 30 meters…
Neptune Energy-operated Duva offshore development in Norway has started production, making it Neptune’s third major project to come onstream in 2021 after following Gjøa P1 in Norway in February and Merakes in Indonesia in April. Located in the North Sea off Norway…
Norwegian marine seismic contractor PGS said Monday it had completed the acquisition of a new GeoStreamer X survey in the UK sector of the North Sea over the Kraken field, East of Shetland. The Kraken field lies in blocks 9/2b and 9/2c within the P1575 license…
Ancala Midstream Acquisitions Limited said Friday it had received the first gas from the extended well test at the Lundin-operated Rolvsnes field, off Norway, into its capacity in the SAGE System.The SAGE System comprises a 323-kilometer, 30-inch bore pipeline…