Stay up to date with the latest news and updates from the oil industry.
Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.
Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.
ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.
Well-Safe Solutions has appointed its first-ever Chief Financial Officer as it continues to deliver its strategic growth plans throughout Asia-Pacific and Europe.
PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.
BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.
Fincantieri and Saipem have signed a memorandum of understanding to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles and their integration with surface and underwater units.
DNO ASA has announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.
Oceaneering International has announced that its integrity management and digital solutions (IMDS) group has signed a strategic collaboration agreement with Global Design Innovation, Ltd. (GDi) to deliver innovative digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation.
The latest award comes only three months after Equinor ordered a ROCS for use at its Rosebank field, west of Shetland, UK.
Dril-Quip and Innovex Downhole Solutions has announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform.
Savannah Energy PLC has announced that it has signed separate share purchase agreements with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures Ltd (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Ltd.