CNOOC Ltd commences production at Bozhong 19-2 oilfield development project
The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.
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The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by bp for its greenfield Kaskida development in the Gulf of Mexico.
Mermaid Subsea Services UK has completed the first stage of a major North Sea decommissioning contract for Shell UK Ltd.
Petrobras and Colombia's state-run oil and gas company, Ecopetrol, have reported two major gas discoveries in the country's offshore basins.
New Wood Mackenzie analysis defines the critical challenges to developing a more predictable tax policy that works for industry and government.
GlobalData: Gulf of Mexico's oil and gas operations recover as Hurricane Helene moves north.
Interocean Marine Services (Interocean), has announced it will receive ABS and DNV approval for ultrasonic thickness measurements by use of drones on mobile offshore units.
Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, reports Reuters.
The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.
Reuters has reported that Tropical Storm Helene was expected to turn eastward on its track through the Caribbean and into the Gulf of Mexico, increasing the threat of high winds and heavy rains to Cuba and Florida but lessened the risk to US offshore oil production, forecasters said.
Challenger, with primary assets in the South American nation, has now received government approval to move the AREA OFF-1 licence to Chevron.
The addendum is for the Azeri-Chirag fields and the deepwater portion of the Gunashli field (ACG) in the Azerbaijan sector of the Caspian Sea.