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The company has announced that it has been awarded contracts to perform front end engineering and design (FEED) for a floating production, storage and offloading vessel (FPSO) for the Whiptail development project in Guyana.
Shandong Yulong is currently in the process of completing the construction of a refining and petrochemicals complex that is designed to process around 400 000 bpd of crude oil. Aramco would potentially supply Shandong Yulong with crude oil and other feedstock.
Kosmos Energy has announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).
The merger combines Pioneer’s more than 850 000 net acres in the Midland Basin with ExxonMobil’s 570 000 net acres in the Delaware and Midland Basins. Together, the companies will have an estimated 16 billion boe resource in the Permian.
Depositing cement into a well is key to placing effective environmental barriers as this prevents pollution at the surface and prohibits the emission of harmful methane gasses. This assists the oil and gas market to incorporate more environmentally responsible practices.
Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately US$50 million of acquisition and related development capital expenditures, primarily in the 3Q/4Q23.
Aker BP have agreed to pioneer the use of an unmanned surface vessel (USV) for subsea inspection, maintenance and repair (IMR) and survey work.
Vår Energi has reached an agreement with Petrolia NOCO (Petrolia) to sell its 12.25% stake in the Brage field on the Norwegian Continental Shelf.
The WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy to 2045.
Turan Drilling & Engineering, a KCA Deutag and SOCAR AQS Company, has secured a contract extension, with a value of US$300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.
ABB has announced a partnership with ODS Metering Systems, an independent manufacturer of custody transfer flow measurement solutions, that will see ABB’s Flow-X computers support an increasing number of oil and gas customers with an automation platform for custody transfer.
The Akatara development project is now 70% complete, delivering on the end-September 2023 progress target of 65%. Long-lead time items continue to arrive at site on schedule and the project remains on track for commissioning in 1Q24 and first gas before mid 2024.