Oil & gas news

Oil and gas exploration and production company Indonesia Energy Corp. (IEC) has entered into a memorandum of understanding (MoU) with Brazil's Aguila Energia e Participações (AEP) to explore potential energy opportunities in Brazil.

US-based offshore energy services company Helix Energy Solutions Group has secured a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico, beginning in 2026.

Jace Larrison, Vice President – Well Control Engineering, UIS, and Training, Wild Well Control, USA, examines well integrity and the implications on well control events.

Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion ft3 of raw gas and 75 billion bbls of condensate.

Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.

The vessel will be used during the Pre-Operational Assessment (APO), scheduled to begin on 24 August.

The field is the largest in the country in reserves and the second in production volume.

Surmont, a steam-assisted gravity drainage (SAGD) facility located about 55 km south of Fort McMurray, Alberta, is currently configured to produce Surmont Heavy Dilbit, which is bitumen diluted with condensate.

Chevron expects Vaca Muerta to play a larger role in its portfolio in the coming years.

Aker BP, together with NOV and Nymo, have celebrated an important milestone in the Valhall PWP project: the completion of equipment installation on the 1000 t MEG module being built at Nymo’s yard in Grimstad.