Oil & gas news
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).
PETRONAS secures production sharing contract extension for the Ketapang working area
PC Ketapang II Ltd. a subsidiary of PETRONAS has secured the 20-year extension of the production sharing contract (PSC) for the Ketapang Working Area, located in the Java Sea.
Danos secures bp logistics contract
Danos has announced it has secured a contract with bp to renew its comprehensive drilling logistical services for the integrated energy company’s Gulf of Mexico assets.
APA corporation to acquire Callon Petroleum company
APA Corporation and Callon Petroleum Company have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately US$4.5 billion.
2023 Dow Jones Sustainability Indices recognises Halliburton as a ‘sector leader’
2023 marks the third consecutive year that the company has been named to the list.
CNOOC Limited announces commencement of production from Lufeng oilfields
The project is located in the eastern South China Sea, with an average water depth of approximately 136 m.
TechnipFMC awarded major subsea contract by Petrobras
The company has been awarded a major integrated engineering, procurement, construction, and installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP® project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.
Talos Energy starts production at Lime Rock and Venice Gulf of Mexico discoveries
Talos Energy has announced that it has successfully started oil and natural gas production at Talos's Lime Rock and Venice discoveries, located near its 100% owned and operated Ram Powell platform in the U.S. Gulf of Mexico.