Oil & gas news

Petro-Victory Energy has provided an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil.

Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields.

MODEC has announced that it has been successful in securing the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system for Shell do Brasil Ltda (Shell) on the Gato do Mato development, offshore Brazil.

Masirah Oil has announced the spudding of the Yumna-5 well in the offshore Yumna Field in Block 50 Oman. The Yumna-5 well will be drilled at the crest of the structure to drain attic oil left un-swept by the current producers.

Deltic Energy has announced that it has received the required regulatory and partner consents in respect of the farm-out of a 25% interest in Licence P2437, containing the Selene Prospect, to Dana Petroleum. The farm-out has therefore completed.

Subsea 7 has announced the award of a sizeable contract that will be recognised in the backlog of its Subsea and Conventional business unit in 2Q24.

Panoro Energy has announced that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

Researchers from Petrobras, the Geological Survey of Brazil (SGB), and 10 universities from the states that make up the geographical region of the Equatorial Margin, as well as two research institutions from the Southeast, has embarked for a scientific expedition on the Hydroceanographic Research Vessel (NPqHo) "Vital de Oliveira," operated by the Brazilian Navy.