Oil And Gas News

 

First Oil Starts Flowing at Winterfell Field in US Gulf of Mexico

Jul 03, 2024

Texas-based exploration and production company Beacon Offshore Energy has achieved first oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.Winterfell is a phased development with the initial two…

TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country

Jul 03, 2024

French oil major TotalEnergies has notified South Africa's petroleum regulator that it intends to withdraw from its 11B/12B offshore gas field but has yet to submit a formal request to do so, a source at Petroleum Agency SA said.TotalEnergies…

Trident Energy Ready to Restart Drilling Off Equatorial Guinea

Jul 03, 2024

Oil and gas company Trident Energy has welcomed Noble Corporation’s Noble Venturer drillship for a new drilling campaign offshore Equatorial Guinea, expected to begin shortly.Trident Equatorial Guinea is the operator of Block G in the Ceiba and Okume complex fields offshore Equatorial Guinea…

ADNOC Drilling Secures $733M Order for Three Island Rigs for Zakum Offshore Field Ops

Jul 03, 2024

ADNOC Drilling has secured a contract from ADNOC Offshore, valued $733 million, to build three island drilling rigs in support of the growing operations at the offshore Zakum field.The rigs will be designed and built as part of a partnership between ADNOC Drilling and Honghua Group (HH)…

SLB and TotalEnergies Form Long-Term Digital Solutions Partnership

Jul 02, 2024

TotalEnergies and SLB have joined forces to develop innovative subsurface digital solutions and contribute to a more sustainable hydrocarbon production, as well as to address key challenges across the energy value chain, including carbon capture…

Over a Dozen Oil Firms Line Up for Galp's Namibia Oil Prospect

Jul 02, 2024

Over 12 oil companies, including Exxon, Shell and Brazil's national oil company, have expressed interest in buying a 40% stake in Galp Energia's major oil discovery offshore Namibia, sources close to the sale process said.Galp's Mopane discovery…

Petronas Hires ABL for Rig Inspection Services in Indonesia

Jul 02, 2024

Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.The contract is valid for one year, with an optional one-year period extension…

Blackford Dolphin Sets Sail for Drilling Ops with Oil India

Jul 02, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Blackford Dolphin semi-submersible drilling rig is on transit to India to start the contract with Oil India, following the termination of contract with General Hydrocarbons Limited (GHL) in Nigeria due to payment issues…

Enauta Cancels Acquisition of FPSO Cidade de Santos from MODEC

Jul 02, 2024

Brazilian oil and gas company Enauta has terminated the contract to acquire the floating production, storage, and offloading (FPSO) unit Cidade de Santos from MODEC, announced in relation with the acquisition of Uruguá and Tambaú fields from Petrobras…

TotalEnergies Weighing Up Its Stay in South Africa’s Offshore Block as Partner Heads Out

Jul 01, 2024

TotalEnergies EP South Africa, a subsidiary of French energy giant TotalEnergies, is considering the best way forward regarding its share in the block offshore South Africa, as one joint venture partner withdraws its interest.CNR International (South Africa)…

L&T Nets Pipeline Order from ONGC Worth Up to $300M

Jul 01, 2024

Indian multinational conglomerate Larsen & Toubro (L&T) has secured an order from India’s Oil & Natural Gas Corporation (ONGC) for the eight phase of Pipeline Replacement Project (PRP-VIII Group B) off India's west coast, worth up to $300 million…

Malaysia's Sabah State to Develop Oil, Gas Facilities with Gibson Shipbrokers

Jul 01, 2024

London-based Gibson Shipbrokers and Malaysian state-owned Sabah Oil & Gas Development Corporation (SOGDC) have signed an agreement to develop oil and gas facilities in the Southeast Asian nation's Sabah state.The oil and gas facilities will…

New State Body Set Up in China for Deep Oil and Gas Reserves Drilling

Jul 01, 2024

China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state energy group CNPC said on Monday.This is in…

China Brings Online First Onshore Powered Offshore Oil Field

Jul 01, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has brought onstream the first oil field in China that features low-carbon design and receives power from the shore for its operations in South China Sea.Located in Beibu Gulf of the South China Sea…

Esgian Week 26 Report: Drilling Activity is High

Jun 30, 2024

Esgian provides an update on drilling activity in its Week 26 Rig Analytics Market Roundup.Report SummaryContractsVentura Offshore has been granted exclusive marketing rights from Hanwha Drilling LLC for the newbuild 12,000-ft 7th generation drillship…

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