Oil & gas news
Petrofac awarded maintenance and metering contracts by BP
Petrofac has been awarded a three-year extension to its existing maintenance contract with BP and a new four-year metering contract.
Mosman Oil and Gas enters farm-out agreement for Australia permit
The farm-out agreement with Georgina Energy is for the exploration permit 155 in the Amadeus Basin in Australia's Northern Territory.
PGS begins North Sea seismic survey
The project is taking place in the Viking Graben.
Serica Energy contracts Awilco rig for workover project
The WilPhoenix semi-submersible will be used for a one well workover on the Rhum gas field in the UK North Sea.
NPD grants Equinor drilling permit
Well 30/2-5 S will be drilled from the West Hercules drilling facility.
TMC to provide compressors for SBM Offshore FPSO
TMC has secured a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd to supply the marine compressed air system to a newbuild FPSO the yard is constructing for SBM Offshore.
Continental Resources releases 1Q20 results
Continental Resources reported a net loss of US$185.7 million, or US$0.51 per diluted share, for 1Q20.
Petrobras makes oil discoveries in Brazil pre-salt
Petrobras has discovered oil in the southeast area of the Búzios field and in the pre-salt of the Albacora field.
Rystad Energy comments on fresh Saudi, UAE and Kuwait production cuts
From June, Saudi Arabia is cutting an extra 1 million bpd, the UAE an extra 100 000 bpd, and Kuwait an extra 80 000 bpd.
Aragon to design process modules for Yinson FPSO
The contracts cover the engineering, procurement and construction of seven modules for the gas treatment, gas compression, utilities and flare systems for the FPSO Anna Nery.