Oil & gas news

The American Petroleum Institute (API) has announced the promotion of Holly Hopkins to Vice President of Upstream Policy.

The company has secured new projects in Africa, Norway, Thailand and Singapore, while strengthening ties to an existing client in Malaysia.

Offshore Energies UK (OEUK) has warned that more action is needed from both government and industry to support supply chain companies in playing a critical role in sustaining oil and gas activity while helping to build the UK’s low-carbon future energy systems.

The company and its partner, Spirit Energy, have announced that production has commenced from the 10th well at its operated Cygnus gas field in the UK southern North Sea.

The company has announced that the ultra-deepwater drillship, Dhirubhai Deepwater KG2, has been awarded a 910-day contract by a national oil company for work offshore Brazil.

The review depicts a turbulent year for the industry, with a constant battle between the energy transition and societal pressures to maintain energy supply.

The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.

The company has been awarded a multi-million-dollar contract for the supply of an 80 000-channel nodal acquisition system in the Middle East.

The company’s strategic growth plans follow on from a successful year which saw the company establish new bases in Brazil and Australia and grow its global headcount by more than 30%.