Oil & gas news

Aker Solutions has secured a sizeablelong term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications for two FPSOs in Angola.

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 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.

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 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.

The company has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.

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.

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.

This initiative will rejuvenate the remaining 2D and 3D data in Liberia's prospective Liberia and Harper Basins.

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.