Oil & gas news
Qatar Petroleum acquires interests in exploration blocks offshore South Africa
Qatar Petroleum has acquired interests in the South Outeniqua, DWOB and OBD blocks, all operated by TotalEnergies.
Troll phase 3 project given go-ahead by Norwegian Petroleum Directorate
The Troll Nord licensees have been given consent to start up facilities and modifications associated with the Troll phase 3 project.
WoodMac: still work to do after Nigeria passes petroleum bill
The Petroleum Industry Bill aims to reposition Nigeria's petroleum sector as an attractive investment destination as the energy transition intensifies competition for capital.
Petrofac to deliver stage two of Ithaca Energy’s Captain EOR project
The US$17 million contract will see Petrofac fabricating, constructing and commissioning the topsides development.
Rystad Energy: FPSO market "booming" in 2021
Rystad Energy expects FPSO awards to reach a total of 10 units in 2021, with another 10 following next year.
Subsea Integration Alliance given EPCI contract for Hasselmus project
The Hasselmus project, operated by OKEA, is located 7 km north west of the Draugen platform in the southern Norwegian Sea.
Chevron goes ahead with Jansz-Io gas compression project
Construction and installation activities at the approximately US$4 billion Jansz-Io Compression project, offshore Western Australia, are estimated to take approximately five years to complete.
Production starts from Martin Linge field
The field will produce around 115 000 boe/d at plateau, with the start of production having been delayed from 2016.
Kongsberg Digital to collaborate with ExxonMobil on digital twin software deployment
Initial efforts will be focused on a new asset in ExxonMobil’s Guyana portfolio.
Aker BP and partners submit development plan for Kobra East & Gekko
Total investments in the project, intended to extend the lifetime of the Alvheim field, are projected at around US$1 billion and production is scheduled to start in 1Q24.