
TWMA announced as Going Global winner at Northern Star Business Awards
The award recognises companies that have exemplified consistent global growth and implemented a successful strategy to enter new markets.
Browse the latest oil & gas news news and articles.

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.

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.

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.