News
February 20, 2024
ASCO will provide supply base and pipeyard management services for bp Trinidad and Tobago across all 16 offshore location. bp has operated in the area since 1961, and is the country’s largest oil and gas producer, accounting for more than half of the nation’s gas production.
News
February 20, 2024
Sitting on an estimated 203 Tcfg, Nigeria is on a mission to monetize its natural gas resources and become a leading LNG exporter to global markets. Yet to accelerate exports, the country requires substantial investment in deepwater natural gas projects and infrastructure development.
News
February 19, 2024
Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in the United Arab Emirates (UAE), Qatar, and Saudi Arabia.
News
February 19, 2024
Chevron will increase natural gas production to as much as 1.6 Bcfd, up from the 1 Bcfd the Tamar field usually produces.
News
February 19, 2024
Ali’s plans are in addition to a $1 billion gas-to-shore pipeline project for domestic power generation that is scheduled to be complete by the fourth quarter of this year, Ali said. The project will provide 50 MMcfdg in the first phase before ramping up to 120 Mmcfd.
News
February 16, 2024
The Ocean Ranger semi-submersible drill rig sunk on February 15, 1982, while exploring on the Grand Banks of Newfoundland. All 84 crew members died.
News
February 16, 2024
The aggregate incremental backlog associated with these fixtures is approximately $326 million. As of Feb. 14, 2024, the company’s total backlog is approximately $9 billion.
News
February 16, 2024
TechnipFMC has been awarded a substantial contract from Shell plc for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi (20K).
News
February 15, 2024
Ithaca reported an estimated 2023 net Rosebank capital spend of $97 million, in line with management guidance of $90 - $110 million. This reflects the meaningful activity in 2023 as project activity ramps up to support a targeted first oil date in 2026/27.
News
February 15, 2024
Together with an extensive data acquisition, Cronos-2 underwent a full and prolonged production test that proved the excellent natural gas gas deliverability capacity of the discovery.
News
February 15, 2024
The higher estimate for 2024 offshore spending reflects greater investment in “fields on stream, field development and pipeline transportation,” the statistics office said. “Markedly higher” spending on field development contributed to a 22% increase in investment in 2023 compared with 2022.
News
February 14, 2024
Woodside announced that the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for Energy.
News
February 14, 2024
DeepOcean will plan and execute a wide range of subsea activities, including subsea construction and jumper installations as well as subsea IMR work, at ExxonMobil Guyana’s operations at the Stabroek Block, located approximately 120 m offshore Guyana.
News
February 13, 2024
The Sangomar Field Development Phase 1 includes a stand-alone FPSO with subsea infrastructure and an expected production capacity of approximately 100,000 bpd.
News
February 13, 2024
This year, net production in the North Sea is projected at 15,000-16,000 boepd; the bolt-on acquisition of a 25% stake in the producing UK field Arran will add another 2,000-2,500 boepd once completed. In Kurdistan, DNO expects gross operated production at the Tawke license to continue to average 80,000 boepd.
News
February 13, 2024
The drilling of the wells will be executed with a jack-up drilling rig which will be temporarily located next to the Fénix platform. First gas production is envisaged in November 2024.
News
February 12, 2024
The survey is expected to have a contract value of approximately $2 million and should commence early March 2024.
News
February 12, 2024
Petrobras acquired a 45% stake in interest in blocks 10 and 13 and a 25% interest in block 11, located in São Tomé and Príncipe, Africa.
News
February 12, 2024
Borr Drilling Limited announced new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs.
News
February 09, 2024
The seven wells Exxon plans to drill are at least 100 km (62 miles) away from Venezuela’s claimed territory, Routledge said. Five are in the south-east portion of the Stabroek Block, closer to Suriname, while two are in the central section, he said.
News
February 09, 2024
Exxon’s key asset is the Zafiro field, which produced more than 1 Bbbl over more than 20 years. In 2022, Exxon announced plans to retire the field’s platform after it was shut down due to a safety incident.
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