Oil & gas news

The company has announced today that the ultra-deepwater drillship, Deepwater Asgard, received two contract awards in the US Gulf of Mexico for a total of approximately 14 months of work, adding US$181 million in firm backlog.

Gunnar Hviding, CEO, Resman AS, explains the advantages of tracer technology in the E&P industry.

Rosmari-Marjoram fields are situated 220 km off the coast of Bintulu, Sarawak, Malaysia and will be powered by renewable energy, using solar power for the offshore platform.

More than 114 000 t of topsides and jackets are to be removed and recycled as part of the largest single offshore UKCS decommissioning contract scope to date.

Shell has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately US$2 billion.

ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV.

The transaction is expected to close in 4Q22, subject to obtaining all relevant approvals and satisfying other conditions to closing.

The seven-figure contract, sees Polaris purchasing a 13 000-node system from innovative land STRYDE. The system will be used to acquire high-density subsurface data to enable cost-effective and efficient oil and gas exploration in Africa.

Neptune Energy and its partners have announced a new commercial discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.

Singapore-based companies will be able to use eligible Gold Standard carbon credits to meet part of their carbon tax obligations in Singapore and provide a boost for international cooperation in the Paris Agreement era.