Offshore
News
October 04, 2024
Iran’s oil production has returned to almost full capacity, despite years of U.S. sanctions, with a tide of supply that looks increasingly vulnerable as tensions with Israel flare.
News
October 04, 2024
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry.
News
October 04, 2024
Nigeria hopes to attract as much as $10 billion in new investments for deepwater gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official.
News
October 04, 2024
Petrobras has confirmed a significant gas discovery in Colombia's Guajira offshore basin, estimating the potential reserves at around 6 Tcf.
News
October 04, 2024
Colombia’s Ecopetrol SA discovered an offshore natural gas deposit that could potentially produce up to 800 MMcfgd, according to Chief Executive Officer Ricardo Roa.
News
October 04, 2024
Brazil’s state-controlled oil company is nearing a deal with government regulators allowing it to move forward with plans to redevelop a massive deepwater field that could reinvigorate the nation’s stalled output.
News
October 04, 2024
Mermaid Subsea Services (UK) Ltd is pleased to announce that it has successfully completed the first stage of a major North Sea decommissioning contract for Shell U.K. Limited.
News
October 04, 2024
After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie.
News
October 03, 2024
The Houston-based offshore drilling services provider is working with advisers to gauge interest from potential buyers, according to the people, who asked not to be identified discussing confidential information.
News
October 03, 2024
Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.
News
October 03, 2024
Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official.
News
October 03, 2024
Lockton, the world’s largest independent insurance broker, has launched a new Offshore Projects Practice.
News
October 02, 2024
OPEC+ made no changes to plans to start gradually reviving oil production towards the end of the year, despite signs of an impending surplus.
News
October 02, 2024
AGR has been awarded a long-term frame agreement by Equinor to provide subsurface and field development support related to project developments of Equinor’s facilities, offshore installations and onshore plants.
News
October 01, 2024
Output from the Organization of Petroleum Exporting Countries slumped by 480,000 bpd in September, according to a Bloomberg survey. Libyan production plunged by 38% after one of its rival governments halted exports in a fight for control of the central bank.
News
October 01, 2024
TotalEnergies has announced the final investment decision (FID) for the GranMorgu development on offshore Block 58 in Suriname.
News
October 01, 2024
OLT Offshore LNG Toscana announced that the extraordinary maintenance activities of the FSRU Toscana terminal have been successfully completed.
News
September 30, 2024
ADNOC Drilling Company announced today the creation of the Turnwell joint venture with SLB and PattersonUTI and the acceleration of its 144 unconventional oil and gas well program, following the successful and efficient delivery of the first wells in the campaign.
News
September 30, 2024
The scope includes engineering, procurement, construction, installation and commissioning (EPCIC) for topside modification. The purpose is to prepare the Troll A platform for receiving and processing gas from eight new wells at Troll West.
News
September 29, 2024
From operator reports, BSEE estimates that approximately 3.35% of the current oil production and 0.91% of the current natural gas production in the Gulf of Mexico is shut-in.
News
September 27, 2024
The main production facilities include a new fixed production platform and three centralized subsea wellheads, with 12 development wells planned to be commissioned. It is expected to reach peak production of 162 MMcfgd and 3,931 bpd in 2025.
