Oil & gas news
Farm-out of 60% of area off-1 block in Uruguay to Chevron
Challenger Energy has announced that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA have entered into a farm-out agreement with Chevron Uruguay Exploration Limited , a wholly-owned subsidiary of Chevron Corporation related to a 60% interest in the AREA OFF-1 block, offshore Uruguay.
Prime Minister flags-off First Crude Oil tanker from ONGC Krishna Godavari deepwater block
Prime Minister Shri Narendra Modi flagged off the ‘first crude oil’ tanker ‘Swarna Sindhu’ from ONGC’s Krishna Godavari deepwater block. At its peak production, this project will add 7% each to India’s oil and gas production.
ADNOC generates US$500 million through deploying AI solutions
The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making.
BAE Systems launches satellite to provide oil and gas emissions data
The satellite will provide the public with reliable scientific data about the sources and scale of methane emissions globally, with the ultimate goal of driving reductions in the near future.
Kuwait Oil Company awards contract for KERP
The company has awarded Worley the Project Management Consultants (PMC) contract for the project management of Kuwait Environmental Remediation Programme (KERP) for an additional five years.
TotalEnergies expands presence in the Orange Basin
The company has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam, and Ricocure.
STRYDE secures multi-million-dollar contracts in support of energy security in Europe
Leading the new deals is the purchase of 25 000 STRYDE Nodes™ by first-time client, Ukrainian seismic acquisition firm, Georozvidka LLC.
Floatel International awarded contract
Floatel International has announced that the Group has secured an optional contract with Equinor for providing accommodation and support services at Oseberg Field Centre.
Wintershall Dea completes successful appraisal of the Adriana discovery
Wintershall Dea and its partners, Petoro, Aker BP, and PGNIG, have successfully completed an appraisal well on the Adriana gas and condensate discovery in the Norwegian Sea. They are now evaluating potential development options.
Talos Energy completes acquisition of QuarterNorth Energy
After completing the acquisition, Talos has approximately 183 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction.