Oil field

Oil Field

Aramco Signs Over $25 Billion of Deals for Main Gas Network and Jafurah Gas Field

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Purchase Licensing RightsSaudi Ara…

Oil Field

Prax Group Replacing Totalenergies in Five West of Shetland Gas Fields

TotalEnergies' west of Shetland gas project encompasses the Laggan-Tormore offshore fields, the onshore Shetland Gas Plant, the Edradour and Glenlivet offsh…

Oil Field

Wood Wins Feed for UK Offshore Field Redevelopment

​Wood wins FEED for UK offshore field redevelopment​Centrica's Rough field will be optimised for hydrogen storage​Consulting and engineering company Wood…

Oil&Gas Drilling

FG Offers 17 New Oil Blocks for Bidding

The Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria.Recall that some…

Oil Field

Iran to Sign Contracts Worth $2 BN Over Developing Oil Fields

TEHRAN, Jun. 16 (MNA) – CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr says that Iran is scheduled to sign over %2 billion worth of …

Oil Field

BP, Trinidad's NGC Receive US License for Gas Development With Venezuela

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…

Oil Price

Preview Saudi Arabia May Cut July Oil Prices to Asia for First Time in 5 Months

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/file photo Purchase Licensing Rig…

Oil Field

UK's Buzzard Oilfield Has Temporary Outage, CNOOC Says

The Buzzard oilfield in the North Sea is experiencing a temporary production outage, a spokesperson for operator CNOOC said on Tuesday, adding that there was no…

Oil Field

Qatarenergy Announces Fid in 2nd Development Phase for Brazil's Field

QatarEnergy announces that the consortium partners in the Sepia joint venture have taken the final investment decision (FID) for the second development phase of…

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…