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Home/News/Oil & gas news

Oil & gas news

Browse the latest oil & gas news news and articles.

Production commences at the Akpo West field
8 Feb 20241 min read

Production commences at the Akpo West field

TotalEnergies and its partners have announced the start of production from the Akpo West field on the PML2 license in Nigeria.

Shearwater Geoservices wins 3D seismic survey contract
8 Feb 20241 min read

Shearwater Geoservices wins 3D seismic survey contract

Shearwater GeoServices Holding AS has announced it has been contracted by the Oil and Natural Gas Corporation Limited (ONGC) for a survey project in the Cauvery Basin, located off the east coast of India.

Acoustic Data awarded contract in Iraq for its wireless monitoring systems
8 Feb 20241 min read

Acoustic Data awarded contract in Iraq for its wireless monitoring systems

The contract, awarded by a major oilfield service company, is an endorsement of Acoustic Data's subsurface solutions, particularly for interference observation monitoring, production optimisation and well testing.

Danos secures Shell planning and scheduling contract
7 Feb 20241 min read

Danos secures Shell planning and scheduling contract

Danos has announced the signing of a new planning and scheduling contract with Shell Exploration and Production Company, a subsidiary of Shell. The agreement entrusts Danos to deploy a team of highly skilled personnel to support Shell’s upstream operations.

Siem Offshore secures new long-term contracts for Siem Helix Vessels with Helix Energy Solutions
7 Feb 20241 min read

Siem Offshore secures new long-term contracts for Siem Helix Vessels with Helix Energy Solutions

Siem Offshore has announced the signing of new agreements with Helix Energy Solutions for Well Intervention vessels, ‘Siem Helix 1’ and ‘Siem Helix 2’.

CNOOC Limited announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project commences production
6 Feb 20241 min read

CNOOC Limited announces Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project commences production

CNOOC Limited and 80883 has announced that Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project has commenced production.

Extension of 2022 Star Valley Rig 101 rig contract
6 Feb 20242 min read

Extension of 2022 Star Valley Rig 101 rig contract

Predator Oil & Gas Holdings Plc (LSE: PRD), has announced that it has signed an extension to the Company's 2022 rig contract for the use of the Star Valley Rig 101, which is currently available in Morocco.

QatarEnergy announces 10 year condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd.
5 Feb 20241 min read

QatarEnergy announces 10 year condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd.

QatarEnergy has announced a long-term condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd.

McDermott secures two EPCIC contracts for North Oil Company's Ruya development project
2 Feb 20241 min read

McDermott secures two EPCIC contracts for North Oil Company's Ruya development project

McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar's largest oilfield.

Saudi Aramco’s shift to abandon its 13 million bpd capacity target likely to be absorbed by the market
2 Feb 20242 min read

Saudi Aramco’s shift to abandon its 13 million bpd capacity target likely to be absorbed by the market

Ann Louise Hittle, Vice President of Oil Markets for Wood Mackenzie, addresses the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million bpd target and maintain 12 million bpd.

24 licences offered in second tranche of 33rd oil and gas licensing round
1 Feb 20243 min read

24 licences offered in second tranche of 33rd oil and gas licensing round

Shell, Equinor, bp, Total and NEO are among the 17 separate companies which have been offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round.

Eni completes acquisition of Neptune Energy Group
1 Feb 20241 min read

Eni completes acquisition of Neptune Energy Group

Eni has announced the closing of the acquisition of Neptune Energy Group. The transaction comprises Neptune’s entire portfolio other than its operations in Norway and Germany.

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