Oil & gas news
Trion receives regulatory approval
The Trion field development plan has been approved by the Mexican regulator, Comision Nacional de Hidrocarburos.
Neptune Energy in top 1% of 100 000 companies for ESG performance
The company has announced that it has been awarded a platinum medal from the environment, social and governance (ESG) ratings organisation, EcoVadis.
TGS announces commencement of Sarawak Phase 3 in Malaysia
TGS and JV consortium partners PGS and SLB have announced that pre-funding has been secured to expand the multi-client 3D coverage in the Sarawak Basin, offshore Malaysia.
US shale reinvestment rates hit three-year high amid inflation and muted oil prices
The reinvestment rate of US shale oil producers has hit its highest level in three years in the 2Q23, but the recent trajectory will not last, according to Rystad Energy research.
TGS has announced an expansion of 2D-cubed seismic coverage offshore Indonesia
TGS, has announced an extensive regional seismic imaging project that builds upon existing Indonesian seismic coverage. The Kutei 2D-cubed survey in the Kutei basin will extend north from the East Java Sea 2D-cubed project area.
WSG Energy Services secures contract wins on FPSO projects
The company has been commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta, on BW Offshore’s construction of the FPSO Barossa, and recently completed a workscope on SBM Offshore’s Prosperity FPSO.
Expro to enhance subsea well access offering with acquisition of PRT offshore
The acquisition aims to expand Expro's services WUTHIN the subsea well access sector in North and Latin America, while also boosting PRT Offshore's surface equipment offerings in Europe, Sub-Saharan Africa and Asia Pacific.
Shell delivers first gas from the Timi platform in Malaysia
Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under the SK318 production sharing contract (PSC).
TechnipFMC awarded an installation contract by TotalEnergies
TechnipFMC has been awarded a significant installation contract by TotalEnergies for Girassol Life Extension Project.
Equinor begins increasing production at Statfjord Øst
The company and its partners expect to increase production from the field by 26 million boe.