Oil & gas news

This contract represents a renewal of the first five-year framework agreement that was awarded to Technip Energies by KOC i

The contract includes the drilling of one firm well, ‘Tomcat’, in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024.

The company has announced contract awards or extensions for five of its drilling rigs.

The company has announced that it has increased its non-controlling investment in Intelligent Wellhead Systems Inc. through the acquisition of outstanding common shares of IWS for an aggregate purchase price of US$7.9 million.

The company and its partners have announced the results of recent appraisal drilling at the Isabella discovery (P1820) in Block 30/12d-12.

The company has entered into a share purchase agreement with OMV Exploration and Production GmbH to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH.

This survey, covering 11 425 km2, will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin.

Production from the Njord field in the Norwegian Sea has resumed, following an upgrading project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore.

The company, with a portfolio of upstream oil and gas projects, has announced the completed acquisition of Simwell Resources Limited, further to its announcement on 28 September 2022.

APPEA has said that the government’s heavy-handed reforms introduced without proper consultation had, in less than a week, dealt a blow to new east coast domestic gas supply and future energy security.