Oil & gas news

The company has completed the drilling of four horizontal wells of the ten well multi-pad infill drill programme.

The company has announced new contracts and contract extensions after issuing its recent fleet status report.

DNO ASA has announced that Christopher Spencer has been appointed Managing Director of the company as Bjørn Dale steps down as part of a planned management transition initiated last year.

Saipem has been awarded two new contracts for offshore activities in Côte d’Ivoire and Italy for an overall amount of €850 million.

The first face-to-face SPE Offshore Europe in four years was a success as more than 800 exhibitors and almost 30 000 attendees where present in Aberdeen, Scotland.

White Fleet acquired the out-of-service rig in 2022 and subsequently moved the rig to Gulf Copper's shipyard in Galveston, Texas, last July.

In line with the announcement on 31 August 2023, production at Montara restarted on 01 September 2023.

TWMA has launched RotoMill 2.0 wellsite processing solution technology which was unveiled at SPE Offshore Europe 2023.

The company has agreed to sell its oil and gas assets in Canada to Peyto for US$468 million (approximately €433 million) as part of its ongoing portfolio management to focus activity on core regions.

Mike Tholen, OEUK Sustainability and Policy Director, said: “It is vital our North Sea reserves are produced as sustainably as possible, so we can continue to protect the nation’s energy security while reducing our carbon footprint and building the low carbon energies of the future.”