Brazilian oil and gas firm Petrobras has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga field, located in the town of Pirambu-SE, in shallow waters of the Sergipe-Alagoas Basin, operated by SPE Tiêta (Petrorecôncavo)…
Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed the contracts for the acquisition of four new offshore exploration blocks.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 square kilometers with a water depth ranging between 1…
UK's Serica Energy said on Tuesday it expects full-year production to be lower than its previous forecast, following an outage at its Triton hub in the North Sea.Following the suspension of production at Triton on Oct. 26, there has been an…
Norway-based Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company, to continue to provide its services offshore Norway.The extension will enable Axess to continue delivering services to seven platforms in Norway…
Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Jasmine field in the Gulf of Thailand, increasing the production at the field for 26% with five new wells coming onstream.Valeura drilled a five well program…
Australia's Woodside Energy said in a statement on Wednesday that it has begun preparing to safely restart the Pluto LNG facility.Woodside had shut down the LNG plant on Monday due to a fault in the facility's control system. Preparations for the restart began on Tuesday…
Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…
State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.The company has already deployed over 20 rigs, including one offshore rig, Rath added.Oil India…
Brava Energia has signed contracts, worth approximately $200 million, for the integrated campaign in Atlanta and Papa-Terra fields, with an option to develop Malombe through a tieback to Peroa, offshore Brazil.The campaign will begin in the fourth quarter of 2025…
Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…
TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday…
Australia's Woodside Energy shut down its Pluto LNG processing plant on Monday due to a fault in the facility's control system, a company spokesperson said on Tuesday.The spokesperson had said in an earlier statement, also issued on Tuesday…
Canadian oil and gas exploration company Africa Energy has formally become the operator of Block 11B/12B offshore South Africa, following the withdrawal of three partners from the development.Africa Energy assumed operatorship of the block through its investment in Main Street 1549…
Seatrium Letourneau USA and Cochin Shipyard Limited (CSL) have entered into a memorandum of understanding (MoU) to jointly design and supply critical equipment for jack-up rigs for the Indian market.Leveraging CSL’s extensive experience in ship…
U.S. oil and gas company ConocoPhillips has completed the acquisition of Marathon Oil Corporation in a $22.5 billion takeover deal.The $22.5 billion acquisition was first announced in May 2024 as an all-stock transaction, which includes $5.4 billion of Marathon's debt…
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