Houston-based Third Coast Super Holdings has acquired an indirect 26.5% non-operated interest in the Perdido offshore platform in the U.S. Gulf of Mexico from ArcLight Energy Partners Fund VI, L.P., a private equity fund managed by ArcLight Capital Partners…
Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. Oil refining volumes fell by 46% on July 4 to 20…
Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. Brent was down 46 cents…
Italy's Eni aims to reduce its exposure to oil in favor of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday. Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA)…
Jersey Oil & Gas, a UK-focused oil and gas company working to develop the Greater Buchan Area ('GBA') in the UK North Sea, said Tuesday it had finalized the development solution for the project.Jersey Oil & Gas, and NEO, soon to become the operator of the GBA licenses…
Longboat Energy, an oil and gas exploration and production company with activities in Norway and Malaysia, has agreed to buy interests in producing offshore fields offshore Norway from INPEX Idemitsu.The company on Monday announced the acquisition of a 4…
Oilfield services firm TechnipFMC said Thursday it had won a 'significant' integrated engineering, procurement, construction, and installation (iEPCI) contract by OMV for its Berling gas and condensate field development project offshore Norway…
UK-based oil major BP, and India's Reliance Industries Limited (RIL) on Friday confirmed the start of production from the MJ field offshore India, following testing and commissioning activities. The MJ field represents the last of three major…
The Petroleum Safety Authority (PSA) said Friday it had granted Aker BP and OMV consents for drilling projects in the North Sea and the Norwegian Sea, respectively.Aker BP has received consent to conduct exploration drilling in block 25/2 of the North Sea in Production license 442…
French oil major TotalEnergies said Friday it had re-established the pipeline connection between the Tyra offshore field in the Danish North Sea and Denmark. 'This enables the gas export once the field resumes its production in the winter season…
Austrian oil and gas firm OMV saw its Plan for Development and Operation (PDO) for the Berling gas and condensate discovery off Norway approved by the Norwegian Ministry of Petroleum and Energy this week.OMV submitted the plan to the Norwegian…
Environmental groups said on Thursday they had demanded an immediate halt to the ongoing development of three Norwegian offshore oilfields, seeking a court injunction against the country's government.Greenpeace and Nature and Youth said they…
Norwegian oil and gas company Aker BP said Wednesday that the Norwegian Ministry of Petroleum and Energy (MPE) had approved a total of Aker BP's nine plans for development and operation (PDOs) and one plan for installation and operation (PIO)The…
Norwegian oil firm Equinor said Wednesday its plans for the development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa will be tied back to the Aasta Hansteen platform…
Scana-owned Seasystems has secured contracts for an FPSO project offshore the Ivory Coast with an unnamed client.The first contract is regarding the upgrade and refurbishment of a mooring system supplied by Seasystems in 2008, and the second…
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