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Oil & Gas

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Fossil EnergyFPSO & VesselsLow-Carbon TransitionRigsAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionRegulation & PolicyProject & TendersHuman CapitalOutlook & StrategyLiquefied Natural GasEnvironmentRules & RegulationTransitionPipesProduction & ProcessingSubseaInfrastructureOperations & Maintenance
Production capacity of 1.3 million barrels of oil per day expected by the end of 2027 offshore Guyana; Source: ExxonMobil
Oil & Gas

ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025

With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana.

about 1 year ago
KCA Deutag
Oil & Gas

Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag

KCA Deutag has landed new multimillion-dollar drilling assignments and extensions across the Middle East, Africa, Latin America, and the UK.

about 1 year ago
Offshore platform
Oil & Gas

Galp looking for new leader as CEO steps down ‘for family reasons’

Chief Executive Officer (CEO) and Vice-president of the board of directors of Portugal’s oil and gas company Galp has tendered his resignation from both positions.

about 1 year ago
Rovuma LNG project concept in Mozambique; Source: Eni
Oil & Gas

ExxonMobil hires US firm to work on its global LNG portfolio

Chart Industries has expanded its relationship with ExxonMobil with a new deal that puts assignments for certain parts and aspects of the oil major’s entire LNG portfolio on its menu.

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Rig duo from Odfjell Drilling’s fleet to conduct hydrocarbon exploration ops in Norway

The Norwegian authorities have handed out two drilling permits, which will enable the drilling of an exploration well in the Norwegian Sea and another one in the North Sea, using one of Odfjell Drilling’s semi-submersible rigs for the first one and one of the offshore drilling player’s managed rigs

about 1 year ago
Hibernia platform; Source: Hibernia Management and Development Company/ExxonMobil
Oil & Gas

Oil & gas get the blame for Trump’s expansionist pretensions toward Canada, renewables portrayed as road to independence

Given the uptick in Canada’s oil and gas stocks, some blame the fossil fuel industry for Trump’s annexation threat, painting renewable energy as the solution.

about 1 year ago
Allseas delivers 700-kilometer natural gas pipeline off Mexico
Oil & Gas

Allseas delivers 700-kilometer natural gas pipeline off Mexico

Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bo

about 1 year ago
An offshore platform at sunset
Oil & Gas

Carigali Hess enlisting Tanjung Offshore’s maintenance services

Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a service contract with Carigali Hess Operating Company (CHOC), a joint venture between Petronas’ affiliate PC JDA and Hess Oil Company of Thailand.

about 1 year ago
FPU Salamanca; Source: Audubon
Oil & Gas

First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion

U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon.

about 1 year ago
COSL Innovator rig; Source: COSL
Oil & Gas

Phased FPSO restart underway as COSL prepares to drill next well in North Sea

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).

about 1 year ago
An offshore platform with a vessel next to it
Oil & Gas

PM wants Vietnam’s first LNG power plants online by June as delays loom

Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

about 1 year ago
Blocks offshore Uruguay; Source: Challenger Energy
Oil & Gas

Farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.

about 1 year ago
Petrobras hit with arbitration proceeding over alleged subsea pipeline repair failures
Oil & Gas

Petrobras hit with arbitration proceeding over subsea pipeline repair failures

Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeli

about 1 year ago
COSL Pioneer rig; Source: COSL Drilling Europe
Oil & Gas

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
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