Oil & gas news

The company has secured a well management contract with Apus Energia Guinea-Bissau S.A. for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau, with drilling set to commence in the summer of 2024.

The voluntary charter was launched by COP28 President, Dr Sultan Al Jaber, and signed by 50 global oil and gas companies, including some that have adopted net zero 2050 targets for the first time.

Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.

According to Wood Mackenzie, OPEC+ is preparing for 2024 demand uncertainty by retaining current targets and agreeing to voluntary cuts.

PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.

DNV has issued a Statement of Qualified Technology for Strohm’s 6 in. EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters.

International subsea equipment rental and solutions company Ashtead Technology has expanded its mechanical solutions service offering with the acquisition of ACE Winches.

Government, regulators and industry chiefs gathered in Aberdeen on 29 November to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin.

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.