Oil & gas news

AGR have been awarded a frame agreement contract with Repsol Norge for the provision of specialist workforce to the operator’s onshore and offshore Norway operations.

Ocean Installer have been chosen by Equinor and its partners in the Troll A license as the SURF Contractor for their new 12 billion NOK investment in the Troll Phase 3 – Stage 2 Project.

The agreement will support Odfjell Technology’s long-term growth plans to expand its well services operations across continental Europe.

The company has issued an oil macro market update, encompassing factors and influences that affect oil price movements driven by fundamentals and non-fundamentals factors.

ORLEN Group will become a license partner in one of the five largest discoveries made on the Norwegian Continental Shelf in the last 10 years.

Masirah Oil Ltd has announced that its multi-well programme in the offshore Yumna Field in Block 50 Oman, had been completed ahead of the 90-day schedule and below budget.

ONGC and Indian Oil Corporation has signed a memorandum of understanding (MoU) to establish a small-scale liquefied natural gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin.

Petrobras has informed that the FPSO Maria Quitéria is currently en route to Brazil. The platform ship departed from China in May and is expected to arrive at its location in 3Q24.

Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 contract originally worth US$ 900 million. This extension will take effect in January 2025 and will last up to January 2027.

The company has launched two training standards for the Americas to improve safety in helideck operations in the region.