In the oil and gas industry, 'Christmas trees' are not a seasonal decoration. They are critical components that make it possible to control and monitor the wellhead and stop the oil flow in an emergency.
The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase, where two separate consortia will propose independent technical solutions.
The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.
Lime Petroleum AS is pleased to share that the operator of PL740 Bestla, in which Lime has a 17% interest, has on 4 August 2025, spudded the first of two production wells.
This is a joint collaboration to reinforce commitment to safety and sustainability in the oil and gas sector.
Darrel Sookdeo, Vice President, Process Services, EnerMech, explores the role of pre-commissioning in Guyana’s Gas-to-Energy future.
The new tools will enable companies to focus upstream investment on advantaged resources, those with the most robust economics and lowest carbon footprints.
The certification represents a significant development in the evolution of regulatory pathways for uncrewed and autonomous vessels operating in UK waters.
The company has signed three-year contracts to support Net Zero Teesside Power and Northern Endurance Partnership.
The successful multi-stage job has demonstrated time savings, hands-free operation, and global applicability.
Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.
The AI solution combines large language model (LLM) technology with cutting-edge agentic AI, which is trained for specific workflows across ADNOC’s upstream value chain.
This marks the birth of the first shale oil field in the Sichuan Basin, as well as the first oil field in Chongqing.
The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1600 - 2000 m.
Johan Castberg is Norway's northernmost oil field. The field will produce for at least 30 years.
Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900 000 bpd of oil.
SAMSUNG E&A has announced that it received Letter of Award (LOA) for the Front-End Engineering Design (FEED) contract for the ‘Indonesia INPEX Abadi Onshore LNG Project’ from INPEX Masela Ltd, a subsidiary of Japan’s largest energy company INPEX.
The firm scope, expected to generate revenue in excess of US$45 million, will be executed using the Well-Safe Defender and consists of a minimum of 100 days of activity in 2026 and a minimum of 130 days in 2027.
bp announces an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil.
Argentina: TotalEnergies divests its interest in two Vaca Muerta unconventional blocks.
The Tengiz Gas Separation Complex (GSC) project’s scope of work includes engineering, procurement, construction and commissioning works. TECNIMONT will be mainly responsible for the Engineering, Procurement and Commissioning.
The project aims to boost output from Qatar's largest oilfield by developing new platforms, pipelines, and infrastructure to reach a production plateau of 300 000 bpd.
The partnership will focus on enhancing operational efficiencies across critical domains such as finance, supply chains, and human resources.
The aggregate purchase price for the Blocks and Consortiums is US$15.55 million, subject to customary working capital adjustments as of the effective date of January 1, 2025.
MOL Group continues to diversify oil supply in the region: the company has imported 85 000 t of CPC blend crude oil and signed an oil trading agreement with Kazakhstan's national oil company, KazMunayGas (KMG).