Oil & gas news
FutureOn secures contract with Azule Energy to extend digital platform, FieldTwin
Azule Energy will use FieldTwin to develop and accelerate four of its projects in the region.
Wood wins detailed engineering design for Trion project in Gulf of Mexico
Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion Floating Production Unit (FPU) in Mexican waters of the Gulf of Mexico.
Petrofac has secured a three-year operations services contract from bp
Petrofac has secured a three-year operations services contract from bp for its Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.
TGS provides 4Q 2023 revenue update
Based on preliminary reporting from operating units, TGS expects IFRS revenues for 4Q 2023 to be approximately US$189 million, compared to US$219 million in 4Q 2022.
ProSep receives patent for improvements made to mixer technology
Part of ProSep’s portfolio of differentiated technologies for higher operational performance, AIM provides an alternative to traditional injection quills and static mixers.
Viking Completion Technology installed 150 Middle East completion projects in 2023
The company has now exported its technology to 16 different countries, across six continents.
BW Catcher FPSO contract extended beyond fixed term
BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years.
TGS announces prefunding on 2D multi-client seismic project offshore Sabah, Malaysia
The seventh phase of this multi-year project off the coast of Sabah encompasses over 5000 km of new 2D seismic data acquisition.
SBM Offshore announces formal hire of FPSO Sepetiba
The company has announced that FPSO Sepetiba is formally on hire as of 02 January 2024 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.
OPEC and non-OPEC oil-producing countries participate in Declaration of Cooperation (DoC)
The producing countries have re-affirmed their commitment to unity, full cohesion and market stability through the Declaration of Cooperation (DoC).