Oil & gas news

Shearwater GeoServices Holding AS has announced it has been contracted by the Oil and Natural Gas Corporation Limited (ONGC) for a survey project in the Cauvery Basin, located off the east coast of India.

The contract, awarded by a major oilfield service company, is an endorsement of Acoustic Data's subsurface solutions, particularly for interference observation monitoring, production optimisation and well testing.

Danos has announced the signing of a new planning and scheduling contract with Shell Exploration and Production Company, a subsidiary of Shell. The agreement entrusts Danos to deploy a team of highly skilled personnel to support Shell’s upstream operations.

Siem Offshore has announced the signing of new agreements with Helix Energy Solutions for Well Intervention vessels, ‘Siem Helix 1’ and ‘Siem Helix 2’.

CNOOC Limited and 80883 has announced that Suizhong 36-1/Luda 5-2 Oilfield Secondary Adjustment and Development Project has commenced production.

Predator Oil & Gas Holdings Plc (LSE: PRD), has announced that it has signed an extension to the Company's 2022 rig contract for the use of the Star Valley Rig 101, which is currently available in Morocco.

QatarEnergy has announced a long-term condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd.

McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar's largest oilfield.

Ann Louise Hittle, Vice President of Oil Markets for Wood Mackenzie, addresses the Saudi Ministry of Energy’s instructions to Saudi Aramco to abandon its 13 million bpd target and maintain 12 million bpd.

Shell, Equinor, bp, Total and NEO are among the 17 separate companies which have been offered a total of 24 licences in the second tranche of the 33rd oil and gas licensing round.