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Oil field
Oil Field
SUBSEA7's New Multibillion-Dollar UK Gig Brings It More Work in North Sea Oil & Gas Arena
Luxembourg-domiciled Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field that will be tied …
Oil&Gas Drilling
US Drillers Cut Oil and Gas Rigs for Fourth Time in Five Weeks - Baker Hughes
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…
Oil&Gas Drilling
Totalenergies Makes FID on Kaminho Deepwater Project in Angola
TotalEnergies will assist Sonangol EP in operating its new Sumbe research and development (R&D) centre. Credit: Igor Hotinsky/Shutterstock.com.TotalEnergies, in…
Oil Field
North Sea Energy Firms Look Beyond UK After Tax Squeeze
Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…
Oil&Gas Drilling
Suriname's Oil Resources Seen Totaling Over 2 Bbbl, Wood Mackenzie Reports
Suriname’s discovered oil resources now total more than 2.4 Bbbl of crude and liquids, and the nation has more than 12.5 tcf of gas, according to Wood Mac…
Oil&Gas Drilling
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…
Oil&Gas Drilling
Saipem Secures $850 Million Award Offshore Angola From Eni-Led Joint Venture
Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., a subsidiary of Azule Energy Holdings Limited, for the development of the Ndungu …
Oil Field
SBM Offshore Puts FPSO Work for Exxonmobil's Oil Project Offshore Guyana Into the Hands of Seatrium
Single Buoy Moorings, a subsidiary of the Netherlands-based FPSO operator SBM Offshore, has tasked Singapore-headquartered Seatrium Limited with the topsides fa…
Oil&Gas Drilling
Exxonmobil Brings Qatarenergy on Board as Its New Partner in Two Exploration Blocks
Qatar’s state-owned energy giant QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy heavyweight, to enter two exploration blocks off th…
Oil Field
Subsea 7 Wins Additional Contract for Sakarya Gas Field Development Phase 2
Phase 2 of the project involves the development of an additional 26 wells, aimed at increasing production capacity by an extra 30MSm3/d, thereby enabling the Sa…
Oil&Gas Drilling
US Drillers Cut Oil and Gas Rigs for Third Week in a Row, Baker Hughes Says
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…
Oil Field
Guyana's Cabinet Clears Oil Block Bid by Qatarenergy, Totalenergies, Petronas, Minister Says
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. …
Oil Field
CNOOC Limited Announces Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project On-Stream
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Gas Field 13-2 Block 5 Well Site…
Oil Field
Perenco Plans to Revitalize Oil Fields Offshore Brazil Once It Takes Over Two Assets From Petrobras
Perenco Brazil, part of the Perenco Group, has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will…
Oil & Gas Trade
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory …
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