News
March 22, 2023
The vessel is a modern construction support vessel and will provide subsea inspection, maintenance, and repair (IMR), light construction and recycling services to DeepOcean’s customers in the offshore renewables and oil and gas industries.
News
March 21, 2023
The joint venturers expect to spud the first development well in early 2024, acquire, convert, and install oil production infrastructure over the next 3 years, and spud an additional development and a water injection well in 2025-26.
News
March 21, 2023
The total recoverable resources from these development projects were estimated to 730 MMboe net for Aker BP, with net investments of approximately $19 billion in nominal terms and an average break-even price of $35-40 per bbl.
News
March 21, 2023
Eco Atlantic Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, and its partners are applying for Environmental Authorization to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.
News
March 20, 2023
Speaking to an audience of operators, supply chain, regulators and academics in Aberdeen, Dave Whitehouse will reiterate the sector’s position on energy security, resilience and industry performance in a wider HSE context.
News
March 20, 2023
The walkouts will affect dozens of platforms operated by companies including BP Plc, Shell Plc and TotalEnergies SE, the union said in a statement. No date has been set yet for the start of the labor action that was approved by 1,400 workers.
News
March 20, 2023
The total consideration is $220 million plus a contingent payment element based on oil and gas prices over a 3-year period. A 28% working interest in PL037 gives 23.9% in Statfjord Unit, 28% in Statfjord Nord, 14% in Statfjord Øst Unit and 15.4% in Sygna Unit.
News
March 17, 2023
Yatzil-1 EXP is the second commitment well of Block 7 and the eight successful one drilled by Eni in the Sureste Basin. It is located approximately 65 km off the coast, and 25-30 km away from other oil discoveries.
News
March 17, 2023
The Wireline team completed logging operations on four wells, including 17 successful combined runs without any health, safety, and environment issues and zero Non-Productive Time.
News
March 16, 2023
The investment at Dover underscores Shell's long-term commitment to the U.S. Gulf of Mexico, where production has among the lowest greenhouse gas intensity in the world for producing oil.
News
March 15, 2023
Sarawak Shell Berhad, a subsidiary of Shell plc, has completed the sale of its stake in two offshore production sharing contracts in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd.
News
March 15, 2023
West Akcakoca 1 reached 3,839 m total measured depth and true vertical depth of 1,677 m. During the drilling, an abundance of gas pay was discovered.
News
March 14, 2023
Preliminary analysis of the logging-while-drilling and wireline log data available at Neon-2 has confirmed that, as at Neon-1, the Paleocene sandstone primary target zones are present and oil bearing at this location.
News
March 14, 2023
Named Heisenberg, the oil and gas discovery well was drilled by the Deepsea Stavanger drilling rig. Equinor is the operator, and DNO is a partner.
News
March 13, 2023
Ireland is becoming ever more reliant on Britain for gas supplies, with UK imports more than doubling since 2017 to 75% of Irish demand, and set to hit 90%, a report from OEUK will say.
News
March 09, 2023
RISC’s analysis of the license identifies total Unrisked Gross P50 Prospective Resources of approximately 4 Bboe. Exploration risk for the identified prospects and leads were assessed by RISC to range from 15% to 39%.
News
March 09, 2023
Offshore flaring fell again in 2022, by 13% to 22 Bcf of gas, contributing to a total decrease of 50% since 2018, when volumes totaled 44 Bcf.
News
March 08, 2023
Oil and gas operators, service companies and regulators during mid-day on Tuesday gathered to speak at CERAWeek by S&P Global, in a session titled “Reducing Emissions in Oil and Gas Production.” In this session, they shared their perspectives on modern efforts to reduce carbon emissions and greenhouse gasses.
News
March 08, 2023
The Anchois gas field is located within the Lixus Offshore license area, in which Chariot holds a 75% interest and operatorship, alongside ONHYM which holds a 25% interest.
News
March 07, 2023
News
March 06, 2023
Valaris signed a three-year contract with Petrobras for drillship VALARIS DS-8. The rig will be reactivated for this contract. The total contract value is approximately $500 million, including a $30 million mobilization fee.
