Oil & gas news

In the year in which Brazil celebrates 50 years since the discovery of the Campos Basin (RJ), Petrobras will receive, for the fifth time, the OTC Distinguished Achievement Award 2024.

Archer has announced that its subsidiary in Argentina, has been awarded a total of US$125 million of additional drilling services to Pan American.

PETRONAS has been awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).

Longitude Engineering has been awarded a contract to provide detailed design and engineering services for the subsea development of Phase-X at Egypt’s West Delta Deep Marine concession, part of the Burullus Gas Field in the Mediterranean Sea.

CGG has announced the signature of an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from blocks 25a, 25b, 26, and 27 offshore Trinidad.

The El Sharara oilfield in Libya has resumed activity following the success of talks with local stakeholders.

W&T Offshore has announced that the Company has completed the accretive acquisition of six fields in shallow waters of the Gulf of Mexico.

Optime Subsea has entered into a significant contract with Equinor for the delivery of its remote operated controls system (ROCS). This contract represents a step forward for Optime Subsea, who collaborate with operator Equinor and its partner Ithaca on the Rosebank field.

Aiden Hardy has accepted the position with company, and has extensive experience in both onshore and marine pipelines.

Eco (Atlantic) Oil & Gas Ltd, has announced that its wholly owned subsidiary, Azinam Limited, has received final government approval for the farm out of its 6.25% participating interest in Block 3B/4B to Africa Oil Corp announced on 11 July 2023.