Oil & gas news
Pantheon Resources issues operational update on Alkaid #2 well
At this early cleanup stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4000 ft unblocked section, with gas rates well above original prognosis.
API, AMEXHI, and IOGP renew MOU to strengthen collaboration in Gulf of Mexico
The MOU aims to strengthen mutual cooperation to help enhance operational performance across North American natural gas and oil operations.
Neptune Energy welcomes submission of Snøhvit Future PDO
The Gjøa field in the North Sea, operated by Neptune, is already powered by hydroelectricity, generated onshore.
CGG and TGS announce Sleipner OBN multi-client survey on the Norwegian Continental Shelf
The survey area covers a mature part of the North Sea that includes the Sleipner East, Sleipner West, Gina Krog, Volve and Utgard fields.
Operators fined total of £265 000 as NSTA moves to enforce net zero and security of supply requirements
EnQuest and Equinor sanctioned for exceeding flaring permits while Spirit Energy was fined for breaching production limits.
Repsol Sinopec awards Nigg oil terminal decommissioning contract
Planning and engineering work will begin in December 2022, with decommissioning activity commencing in 2023 and expected to continue until 2025.
ADNOC acquires 24.9% stake in OMV
The transaction cements strong bilateral ties between the UAE and Austria, creating long-term value for all stakeholders.
The latest developments in the MENA region
Rudranil Roy Sharma, Director, Energy & Environment Practice, Frost & Sullivan writes an overview of the current Oil & Gas sector in the MENA Region.
TotalEnergies announces a new gas discovery in offshore Block 6
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the promising outlook for the area and its development.
Rockwell Automation to supply the information, control, and safety solutions for a Petrobras FPSO
The company has been chosen to supply the automation and Integrated Control and Safety Systems (ICSS) systems for P-79, an FPSO vessel in the Petrobras fleet.