Oil & gas news

Shell has agreed to sell its participating interest in Indonesia’s Masela block.

PETRONAS has made six oil and gas discoveries in five blocks off the coast of Sarawak, Malaysia.

Torgeir Strodal spoke at the Roundtable conference in Molde, Norway, about the importance of Norwegian gas supplies in Europe.

BW Energy has started production from its third well in the Hibiscus/Ruche development, offshore Gabon.

Despite concerns about underinvestment in upstream, peak oil and gas demand can be met in the 2030s without a substantial increase to current annual investment levels of US$500 billion, according to a new Horizons report from Wood Mackenzie.

The company has announced the introduction of the inVision™ Mobile App, a technology that provides current users of the IWS inVision Technology Platform with instant access to key wellsite operational data.

Wellesley Petroleum AS, operator of production licence 1148, has concluded the drilling of wildcat wells 35/10-10 S and 35/10-10 A.

Transocean Ltd has announced that an independent operator awarded a 1080 day contract for a high-specification seventh-generation, ultra-deep-water drillship in the Gulf of Mexico, offshore Mexico.

Odfjell drilling has announced the signing of two rig contracts and a strategic collaboration agreement with Equinor for operations in the North Sea.

Petrofac has secured an integrated services contract for FPSO in Africa with CNR International.