Oil & gas news
Diamond Offshore announces new drillship contract
Diamond Offshore Drilling has announced it has entered into a drilling contract with an independent operator to utilise the Ocean BlackRhino for work offshore Guinea-Bissau.
GlobalData: Oil and gas industry overall contract value drops by 26% q/q
The company’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector, Region, Planned and Awarded Contracts and Top Contractors, Q3 2023,’ reveals that the overall contract value decreased from US$57.4 billion in Q2 2023 to US$42.6 billion in Q3 2023.
CCL welcomes Wintershall Dea to Poseidon CCS project
Carbon Catalyst Limited (CCL) has completed the farmout of a 10% working interest in the Poseidon carbon storage licence located in the Southern North Sea sector of the UK Continental Shelf.
ICE OIL & GAS signs production sharing agreement with the State of Côte d'Ivoire
This production sharing agreement is part of the company’s vision to strengthen the energy autonomy of Côte d'Ivoire and the West African sub-region.
FET to supply work-class ROV to UK ministry of defence
The subsea product line of forum energy technologies has secured a contract from the UK ministry of defence salvage and marine operations (SALMO) team to supply a work class remotely operated vehicle (ROV).
Expro completes well cementing project in deepwater Us Gulf of Mexico
The company has completed a well cement placement project for a large international operator in the US Gulf of Mexico, delivering an inner-string cementing on a subsea well's 22 in. surface casing in a water depth of approximately 2000 m.
CGX and Frontera make discoveries offshore Guyana
The companies have announced the discovery of a total of 114 ft (35 m) of net pay at the Wei-1 well on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.
Aker BP and Aibel commence Munin platform construction
On Thursday 02 November, Aker BP and Aibel celebrated the first steel cut for the Munin platform in Thailand.
EIA reports that growing US oil production increased natural gas production by 9% in 2022
In 2022, annual production of associated-dissolved natural gas (or associated natural gas) increased 9% in the major US onshore crude oil-producing regions, mostly due to an 8% increase in crude oil production.
FPSO Liza Unity purchase by ExxonMobil is complete
SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity.