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Oil & Gas

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'Sizeable' contract win for Aker Solutions with ExxonMobil
Oil & Gas

‘Sizeable’ contract win for Aker Solutions with ExxonMobil

ExxonMobil has awarded Aker Solutions with a contract to deliver dynamic and static subsea umbilicals for its recently sanctioned project in Guyana. The contract includes the delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length for the Uaru project. Project exe

about 3 years ago
Petrobras
Oil & Gas

Petrobras sending rig hired for drilling ops at Brazilian block elsewhere following IBAMA’s rejection

After IBAMA’s rejection, Petrobras will move to another location a rig brought in preparation for drilling activities on a block off Brazil.

about 3 years ago
After Brazil, Equinor appoints TechnipFMC for work offshore Norway
Oil & Gas

After Brazil, Equinor appoints TechnipFMC for work offshore Norway

TechnipFMC has secured what it describes as a “significant” contract with Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf (NCS). Under the agreement, TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment

about 3 years ago
More time for UK oil & gas firm to get funding for purchase of North Sea license
Oil & Gas

‘No guarantee sale will be completed’ as UK firm faces another delay in purchase of North Sea license

United Oil & Gas (UOG) has agreed to give more time to UK-headquartered oil and gas company Quattro Energy to secure funding for the purchase of a license in the UK Central North Sea that includes an existing hydrocarbon discovery. The two parties entered into a binding asset purchase agreement (APA

about 3 years ago
Due to expected storm, Helix vessel departs towards Tui field ahead of schedule
Oil & Gas

Storm forecast speeds up Helix vessel’s departure towards Tui field

Due to a forecast storm event, Helix Energy Solutions’ semi-submersible vessel Q7000 has departed earlier than planned from Port Taranaki in New Zealand towards the Tui field where it will perform decommissioning work. Q7000 will plug and abandon the wells across the Tui field as part of Phase 3 of

about 3 years ago
Saudi giant creates new leadership positions to drive growth plans
Oil & Gas

Saudi giant creates new leadership positions to drive growth plans

Saudi state-owned oil and gas giant Aramco has appointed presidents of its upstream and downstream businesses to support the company’s growth plans. Aramco has appointed Nasir K. Al-Naimi as President of its Upstream business and Mohammed Y. Al Qahtani as President of its Downstream business, both r

about 3 years ago
Two new contracts reel in $850 million for Saipem
Oil & Gas

Two new contracts reel in $850 million for Saipem

Italian oilfield services provider Saipem has secured two new offshore contracts with an overall value of approximately $850 million. Saipem has been awarded an engineering, procurement, construction and installation (EPCI) contract by Turkish Petroleum OTC for the second phase of the Sakarya FEED a

about 3 years ago
Fifth well in Black Sea drilling campaign finds more 'abundance of gas pay'
Oil & Gas

Fifth well in Black Sea drilling campaign finds ‘abundance of gas pay’

Canada’s oil and gas player Trillion Energy has discovered an ‘abundance of gas pay’ with the fifth well in its multi-well program at a natural gas field in the Black Sea off Türkiye. The Bayhanli 2 well was spud on 5 April at the East Ayazli Tripod on the SASB gas field with the Uranus rig, which w

about 3 years ago
Petrobras discovers hydrocarbons in Brazil's Santos Basin
Oil & Gas

Petrobras discovers hydrocarbons in Brazil’s Santos Basin

Brazilian state-owned oil and gas giant Petrobras has discovered hydrocarbons in an exploratory well in the Aram block in the Santos Basin pre-salt offshore Brazil. The 3-BRSA-1387D-SPS well is located 260 kilometers from the city of Santos-SP, at a water depth of 1,979 meters. According to Petrobra

about 3 years ago
Valeura Energy reports 'remarkable achievement' at Thai oil field shortly after acquisition
Oil & Gas

‘Remarkable achievement’ at Thai oil field shortly after operator switch

Canada-based oil and gas company Valeura Energy has reached a production milestone from an oil field in the Gulf of Thailand, marking it as a “remarkable achievement”. Valeura Energy announced that as of 15 May, the Jasmine oil field had produced its 90 millionth barrel of oil, greatly exceeding the

about 3 years ago
Beach Energy connects two new wells to Otway Gas Plant
Oil & Gas

Beach Energy connects two new wells to Otway Gas Plant

Australian oil and gas company Beach Energy has connected two new wells to its Otway Basin development, now delivering additional gas into the Australian East Coast gas market. At the start of 2022, Beach Energy confirmed that the first two wells of its offshore Otway Basin campaign – Geographe 4 an

about 3 years ago
Hywind Tampen floating wind farm now delivering to second oil and gas field
Oil & Gas

Hywind Tampen floating wind farm now delivering to second oil and gas field

Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation, has started delivering electricity to the Snorre oil and gas field in the Norwegian North Sea. The 88 MW Hywind Tampen delivered first power in November 2022. The electricity was delivered to the Gullfaks A platfo

about 3 years ago
Brazilian FPSO restarts following extended maintenance
Oil & Gas

Brazilian FPSO restarts following extended maintenance

Australia’s oil and gas company Karoon Energy has restarted production from assets connected to a floating, production, storage, and offloading (FPSO) vessel offshore Brazil, following maintenance work. Karoon shut-in Baúna production, including from the Patola field, on 28 March due to a loss of co

about 3 years ago
Shelf Drilling Victory, formerly known as Deep Driller 7; Source: Aban Offshore
Oil & Gas

Shelf Drilling CEO: Rising rig demand in Asia to propel day rates to new heights

Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue.

about 3 years ago
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