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Home/News/Oil & gas news

Oil & gas news

Browse the latest oil & gas news news and articles.

TechnipFMC and DNV GL to develop methodology for digital twin integrity
27 Sept 20193 min read

TechnipFMC and DNV GL to develop methodology for digital twin integrity

The methodology aims to bring a level playing field to the sector’s varying technical definitions of, and expectations towards digital twins.

Vår Energi acquires ExxonMobil’s Norway assets
27 Sept 20194 min read

Vår Energi acquires ExxonMobil’s Norway assets

Vår Energi will become the second largest E&P company on the Norwegian Continental Shelf after Equinor, with total reserves and resources of about 1900 million boe.

Inaugural event to focus on subsea and drilling industries in Brazil
27 Sept 20192 min read

Inaugural event to focus on subsea and drilling industries in Brazil

The Subsea & Drilling Brazil conference will take place from 28 – 29 November in Rio de Janeiro.

i-Tech 7 completes subsea decommissioning and abandonment project in Gulf of Mexico
27 Sept 20192 min read

i-Tech 7 completes subsea decommissioning and abandonment project in Gulf of Mexico

The company undertook the work for LLOG Exploration using its smart skid technology.

Craig International secures £50 million in new business in 1H19
26 Sept 20191 min read

Craig International secures £50 million in new business in 1H19

The oilfield procurement firm has been awarded its first contract with Petrofac in the UK as well as two major contracts with Spirit Energy and BP.

Europa Oil & Gas comments on Irish Government's intention to phase out oil exploration licences
26 Sept 20191 min read

Europa Oil & Gas comments on Irish Government's intention to phase out oil exploration licences

The Irish Government has confirmed that its proposals ‘will relate to future applications’ and that ‘existing licences will remain valid’.

Solstad Offshore to support Total E&P South Africa drilling campaign
26 Sept 20191 min read

Solstad Offshore to support Total E&P South Africa drilling campaign

The contracts are to support Total E&P South Africa's operations in Block 11B/12B and the drilling programme is expected to take up to 280 days.

ADNOC Offshore awards Weatherford directional drilling services contract
25 Sept 20191 min read

ADNOC Offshore awards Weatherford directional drilling services contract

The agreement entails using the Weatherford Magnus® rotary steerable system in both re-entry wells and new wells.

Shearwater GeoServices awarded Southeast Asia survey project
25 Sept 20191 min read

Shearwater GeoServices awarded Southeast Asia survey project

The contract covers an area of 1600km2 for 3D seismic with associated 2D work to be executed over a 1.5-month period from end 3Q19 for the undisclosed client.

Pickering Energy Partners forms joint venture with Henry Resources
25 Sept 20191 min read

Pickering Energy Partners forms joint venture with Henry Resources

The JV will pursue acquisitions of producing oil and gas assets across the Permian Basin where Henry Resources has operated for over 50 years.

Transocean relinquishes interests in drillships under construction
25 Sept 20191 min read

Transocean relinquishes interests in drillships under construction

The total estimated future costs associated with the delivery and placing the drillships into service would have been approximately US$1.1 billion.

African nations to showcase licensing rounds at Africa Oil & Power conference
25 Sept 20195 min read

African nations to showcase licensing rounds at Africa Oil & Power conference

South Sudan, Equatorial Guinea and Gabon will continue their bidding round efforts at the Africa Oil & Power conference and exhibition on 9 – 11 October in Cape Town, South Africa.

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