Oil & gas news

The company has provided an update on its financing activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon.

With this acquisition, Chevron can market the RNG it either produces or procures through a nationwide network of CNG locations.

Vallianz is accelerating the digitalisation of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat.

The project saw a team identify the trouble zone and subsequently mobilise and install a short patch on a casing section of a well affected by corrosion.

The operational support services are aimed at optimising oil and gas production efficiency, and reducing energy consumption and emissions.

The company and its licence partners have announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.

The goal was reached ahead of schedule and is the result of numerous emissions reduction projects executed in Egypt throughout 2022.

New research reveals that the availability of emission-lowering upgrades for offshore rigs has been on the rise but adoption of these new technologies is slow outside of Norway and the US Gulf of Mexico

The second term of licence P2244 was due to expire at the end of November this year but will now expire at the end of November 2023.

The North Sea Transition Authority (NSTA) has opened an investigation into an operator suspected of breaching one of its licence conditions.