Oil & gas news

The number of serious incidents per million hours worked is still declining at the end of the third quarter, measured over the past 12 months.

The Nganhurra Riser Turret Mooring (RTM) has been safely and successfully lifted onto a barge off North West Cape in Western Australia and is now transiting to the Australian Marine Complex (AMC) near Perth.

Seatrium Ltd (Seatrium) has announced the successful delivery of the floating production unit (FPU), Whale, for deployment in the Gulf of Mexico, in accordance with the contract secured in November 2019 with Shell Offshore Inc.

Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget.

The company has made two key appointments to strengthen its sales and operations team as the business experiences continued growth across Europe and the US.

The Energy Information Administration estimate that U.S. marketed natural gas production in the Lower 48 states (L48) will grow by 5% in 2023 and 2% in 2024.

Woodside CEO Meg O’Neill said the quarter-on-quarter increase in output to 47.8 million boe was underpinned by strong operating results at Pluto LNG.

China merchant heavy industries (CMHI) has contracted TMC compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for SBM Offshore.

The African upstream oil and gas sector is in the middle of an US$800 billion capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as a major investment theme alongside traditional deepwater oil according to Wood Mackenzie.

Following the completion of the transaction and regulatory approvals, the company is increasing its participating interest in the Reggane Nord natural gas project by 4.5%.