Browse the latest oil & gas news news and articles.
Global oil demand growth will rise by 1.9 million bpd in 2024 with key markets in the Asia Pacific (APAC) region being the main driver, accounting for over 63% of the total according to Alan Gelder, Vice President of Oils Research at Wood Mackenzie.
Successful completion accelerates delivery of ADNOC’s global chemicals expansion strategy; reinforces focus on partnerships, value creation and growth.
Perenco Rio del Rey has announced that it has commenced a five well development drilling campaign on the Kita Eden field, in the northern section of the Rio del Rey Basin.
Cost-efficient decommissioning has received a significant boost with the relaunch of a bigger, better digital data dashboard providing vital information about upcoming work to potential suppliers.
VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.
ABL has been awarded a contract by POSH Projects Pte. Ltd. to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai, China, to Brazilian waters.
Corinth Pipeworks was awarded a contract from TechnipFMC for 27 km of high frequency welded (HFW), steel pipes for the Utsira High Project development project in the North Sea.
SAF™ 3007 represents the next generation of super-duplex seamless tubing developed specifically for the offshore oil and gas industry.
Dril-Quip has been chosen to supply the subsea wellhead systems for the Woodside Trion development offshore Mexico.
Shell Nigeria Exploration and Production Company (SNEPCo) has successfully completed the first remotely controlled well completion operation offshore Nigeria.
Serica Energy has announced the completion of the acquisition by its wholly owned subsidiary, Serica Energy (UK) Limited, of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (‘GBA’)) from Jersey Oil & Gas (‘JOG’).
TAG Oil Ltd have provided an update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field the Western Desert of Egypt.