Chevron has announced today that its 50 % owned affiliate Tengizchevroil LLP (TCO) has safely commenced operations at its wellhead pressure management project (WPMP) at the Tengiz oil field in Kazakhstan.
TAG Oil has announced that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (T100) well location.
Halliburton Company has announced that it has been awarded a deep water integrated multi-well construction contract by Rhino Resources, a private company engaged in both onshore and offshore energy exploration in Africa.
PBS has secured an extension to the general maintenance and operations contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets.
TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.
Eni has announced that it has reached an agreement on the combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activitieswith Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf.
SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310, both located offshore Sarawak in Malaysia.
Petrobras is the company in the global oil and gas market whose investment has grown the most. In 2023, the company practically doubled its investment effort, totalling US$ 21.4 billion between direct investments and assets related to the leasing of production units, compared to an amount of US$ 10.9 billion in 2022.
Custos Energy has provided an update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.
The award recognises companies that have exemplified consistent global growth and implemented a successful strategy to enter new markets.
The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
Aker has announced that production has started from Hanz in the North Sea. Hanz is operated by Aker BP, with Equinor and Sval Energy as partners.
Connected to digital services for continuous live surveillance and real-time optimisation, these technologies are set to improve operational stability, enabling faster installation and production, with lower power consumption, operating costs and carbon emissions.
As the US reimposes Venezuela oil sanctions, the door opens for special licenses. Rystad Energy’s Senior Vice President, Jorge León, provides an oil market update.
Petrobras and bp signed a memorandum of understanding (MoU) with the purpose of promoting discussions and collaboration between the companies.
SBM Offshore has announced that it has secured a US$250 million term loan facility.
ExxonMobil Guyana has awarded Strohm a TCP “jumper on demand” contract for the supply of TCP for the Whiptail project. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana, following previous awards for the Yellowtail and Uaru projects.
bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.
Petrofac, has been awarded a technical services contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.
88 Energy has announced further successful flow test results from the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.
Seatrium and Singapore’s Agency for Science, Technology and Research (A*STAR) has inked a memorandum of understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the offshore and marine sector.
SLB has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea wells in the development of Petrobras’ offshore Buzios Wave II oilfield.
Valeura Energy has announced three oil discoveries on its assets in the offshore Gulf of Thailand.
The companies have signed an MoU to explore and strengthen collaboration opportunities in floating production systems through leveraging both parties’ deep engineering capabilities and technologies.
Following the press release of 29 November 2023, Saipem informs that it has received from ExxonMobil Guyana Limited and its Stabroek block coventurers the authorisation to proceed with the execution of the Whiptail oilfield development project, situated in the offshore Guyana, at a water depth of approximately 2000 m.