Oil & gas news

This milestone is part of TGT’s major investment in a new technology hub slated for opening in Khalifa Economic Zones early 2024.

The project’s acquisition will start in Q1 2024.

Europa Oil & Gas has announced that it has acquired a 42.9% equity interest in Antler Global Limited via a US$3 million cash subscription for new ordinary shares in Antler.

Shell Offshore Inc, a subsidiary of Shell plc, today announced the final investment decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.

During the fourth quarter, Aker BP experienced unplanned downtime at the Alvheim field due to technical issues. This has been resolved, and production is now restored.

DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.

The company has announced that it has executed a contract with Borr Drilling Limited for the hire of the Norve jack-up rig, one of Borr’s fleet of high-specification drilling units, to drill the NJOM-3 well on Tower’s Thali license in Cameroon in 2024.

The NOAKA OBN survey was acquired over two seasons in 2021 – 2022 and comprises 434 km2 of multi-client OBN data.