Oil field

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 …

Oil Field

Tengizchevroil Starts WPMP Operations at Tengiz Oil Field in Kazakhstan

The WPMP is designed to maintain the existing processing plants’ full capacity, by lowering the flowing pressure at the wellheads and then boosting the pr…

Oil Field

Turkmenistan Invites Int'l Investors for Galkynysh Field Development Projects

Turkmenistan can offer international investors projects for the development of Turkmenistan's Galkynysh large gas field, Trend reports.This was stated by th…

Oil Field

Nigeria Puts Two Fields Into Production

Nigerian National Petroleum Co. Ltd. (NNPC) and its partners have started up the Madu field and returned the Awoba field online, adding a combined 32,000 barrel…

Oil Field

Namibia Racks up Another Major Offshore Oil Discovery

Galp saw its share price pop 20% on Monday.Galp says it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March, with, "si…

Oil Field

Mari Petroleum Strikes Huge Oil and Gas Reserves in Sindh

In a landmark development for Pakistan's energy sector, Mari Petroleum has announced the discovery of substantial oil and gas reserves in Sindh, marking the…

Oil Field

Aker BP's North Sea Field Comes on Stream

Norwegian oil and gas player Aker BP has started production from a field in the North Sea, which has been tied back to an existing platform off the coast of Nor…