Oil & gas news
Scarborough JV receives production licence offers
Woodside Energy has said that the Scarborough Joint Venture intends to accept the offers for the grant of petroleum production licences.
Beach Energy makes gas discovery in Otway Basin
Beach Energy has announced a gas discovery at Enterprise 1 in licence VIC/P42(V) in the nearshore Victorian Otway Basin.
Seabed Geosolutions awarded two 4D OBN surveys in Brazil
The total combined duration of the two surveys, awarded by Petrobras, is estimated around eight months.
Saipem to begin final phase of Payara development
Saipem has received authorisation to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Ltd.
Oil recovers as US uncertainty fades, but challenges lay ahead
Oil prices recover as the uncertainty over the US election result subsides, but the market has challenges to face in weeks ahead.
McDermott announces second shipment of MODEC FPSO modules
The FPSO will be located in the Area 1 block, approximately 6 miles (10 km) off the coast of Mexico.
ADIPEC, the world’s largest gathering of oil and gas industry players set to convene virtually
The Abu Dhabi International Petroleum and Exhibition Conference (ADIPEC) 2020 Virtual Conference, the world’s largest gathering of oil and gas industry players, is set to begin on Monday 9 November 2020.
Petrofac completes sale of Mexican interests
Petrofac has completed the sale of its remaining 51% interest in its upstream IES operations in Mexico to Perenco Energies International Limited.
Independent Oil and Gas awards Noble Corp. rig contract
Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 to a subsidiary of Noble Corp.
Lufkin Industries acquires Schlumberger's North America rod lift business
Lufkin Industries, a portfolio company of KPS Capital Partners, LP (KPS), has completed the acquisition of the North American Land Rod lift business of Schlumberger N.V.