Oil & gas news
Wood to deliver engineering contract with TotalEnergies in Iraq
The company will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project.
Sintana Energy acquires 49% of Giraffe Energy
Sintana Energy has closed its previously announced acquisition of an initial 49 % interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24 2024, with Crown Energy and Giraffe.
FEED contract award for the Zama project offshore Mexico
The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.
Baker Hughes awarded major integrated solutions contract for Petrobras’ offshore fields
Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.
Woodside achieves first oil at Sangomar in Senegal
The company has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.
Rystad Energy issues oil market update following OPEC+ meeting
The decline in the price of prompt Brent can be attributed to apprehensions regarding the demand for gasoline and diesel triggered refinery run cuts, according to Rystad Energy.
Wood completes preliminary engineering for world’s largest carbon capture sequestration hub in Saudi Arabia
The company has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion.
TGS and Liberia sign new multi-client 2D and 3D seismic reprocessing agreements
This initiative will rejuvenate the remaining 2D and 3D data in Liberia's prospective Liberia and Harper Basins.
Shelf Drilling announces contract award for the Shelf Drilling Tenacious
Shelf Drilling has announced that it has secured a 15-month award for the Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.
New Zealand Government to reverse oil and gas exploration ban
Removing the ban on petroleum exploration beyond onshore Taranaki is part of a suite of proposed amendments to the Crown Minerals Act to deal with the energy security challenges posed by rapidly declining natural gas reserves, Resources Minister Shane Jones says.