BP has started production from the East North flank of the Shah Deniz field in Azerbaijan, which is one of the largest gas-condensate fields in the world and the largest gas discovery ever made by BP.The East North flank, part of Shah Deniz 2 development…
Shell Nigeria Exploration and Production Company (SNEPCo) has performed the first remotely controlled well completion operation at Bonga field, offshore Nigeria.The operation was conducted at the Bonga field, in 1,060 meters water depth. The…
Offshore drilling contractor Noble Corporation has secured a one-well contract with Norwegian oil and gas company DNO Norge for its ultra-harsh environment jack-up rig Noble Invincible.DNO Norge will use the Noble Invincible rig to drill an exploration well on PL1086 license…
Australia's top oil and gas explorer Woodside Energy posted a 37% drop in annual underlying profit on Tuesday, as lower realised prices for its products offset higher sales and production.Oil and natural gas prices softened in 2023, as slowing…
Exxon Mobil Corp said on Monday it may preempt Chevron Corp's acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its deal for Hess Corp.The companies are in talks on Exxon's claim it has a right to first refusal of any sale of the Stabroek block…
Malaysia-based offshore services firm Sapura Energy has teamed up with AF Offshore Decom to launch Kitar Solutions, in a strategic move to address the growing market need for integrated decommissioning services in Southeast Asia.Kitar Solutions…
UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…
QatarEnergy has announced that it is proceeding with a new LNG expansion project, the “North Field West” project, to raise the nation’s LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade.This represents an increase of almost 85% from current production levels…
This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their confidence in the strength and longevity of the current upcycle.Report outline:ContractsValaris has confirmed that the contract for the 8…
AGR, an ABL Group company, has signed a contract extension with Equinor for the provision of blowout and well control studies on the Norwegian continental shelf (NCS).Within the framework of the new two-year agreement, AGR will offer services such as blowout contingency planning…
U.S. offshore energy industry equipment maker Dril-Quip has been selected to supply the subsea wellhead systems for the Woodside Energy's Trion development offshore Mexico.The Trion project, a greenfield deepwater development, includes 24 wells across two phases…
Shell Offshore, a subsidiary of UK-based energy major Shell, has started production at Rydberg, a subsea tie-back to its Appomattox production hub in the Gulf of Mexico.With an estimated peak production of 16,000 barrels of oil equivalent per day (boe/d)…
Enhanced Drilling has secured a five-year frame agreement with Equinor to provide its subsea technologies to be used for operations on the Norwegian Continental Shelf.The frame agreement is the first in its kind for Enhanced Drilling, and covers all technologies in its product portfolio…
Perenco Oil & Gas Gabon (POGG) has started drilling an appraisal well in the vicinity of the Hylia South West discovery offshore Gabon, using Dixstone’s BANBA jack-up rig.The field was discovered in December 2022 through the exploration well…
Mermaid Subsea Services has signed a Memorandum of Understanding (MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9…
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