Oil & gas news

Solstad has been awarded a pair of vessel contracts offshore Brazil worth US$100 million.

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

The company has been awarded two new contracts for E&C offshore activities in Europe, specifically in Romania and in Germany, with a total value of approximately €1.8 billion.

Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.

The digital data system is already used by oil and gas producers, including Shell, Santos, Dacian Petroleum and Niger Delta Petroleum Resources.

EIA expects new milestones for US crude oil production amid sustained global petroleum demand and rising prices.

Baker Hughes flexible pipeline system has been certified as part of an ongoing type approval scheme; the unbonded flexible pipe products first received LR type approval in 1992.

The partners in the Brasse license have agreed a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. A final investment decision is expected in 2024.

Miros has secured several ‘as a service’ contracts across the global offshore vessel markt with WaveSystem supporting the offshore work.

Longboat Energy has announced the commencement of drilling operations on the Velocette (PL1016) exploration well in Norway.