News
April 21, 2023
PEL 87 includes the very large Saturn turbidite complex that has been mapped. This complex shares many geologic characteristics and is on-trend with the Venus oil discovery made by TotalEnergies in February 2022.
News
April 20, 2023
According to the U.S. Energy Information Administration, Mexico’s oil production has remained stable since 2019 after 20 years of decline. The EIA expects Mexican production to remain flat until 2024.
News
April 20, 2023
This project is a part of the UN-coordinated operation to remove and transfer more than 1 MMboe from a decaying tanker into a safe modern tanker and the responsible disposal of the Safer.
News
April 20, 2023
As natural gas plays a critical role as a lower carbon-intensity fuel for the energy transition, the VLGCs, which transport liquified petroleum gas (LPG), will provide ADNOC L&S greater flexibility to meet growing global gas demand.
News
April 19, 2023
A permanent, gas-tight seal was required for a well with a 36” OD that was experiencing gas migration.  In previous campaigns with Aker BP in Norway, BiSN had set the record for permanently sealing a 30” OD well in the North Sea.
News
April 19, 2023
These dedicated docks, along with C-I’s current docking location, will provide the company’s clients with faster mobilization, demobilization and between wells maintenance times, which translates into cost savings.
News
April 19, 2023
BW Offshore has closed the sale of the FPSO BW Athena to an undisclosed third party. The transaction is part of BW Offshore’s strategy to transition to floating energy infrastructure investments.
News
April 19, 2023
The Transocean Enabler was awarded a 19-well contract in Norway at a current rate of $377,000 per day. Additionally, the Transocean Encourage was awarded a nine-well contract in Norway at a rate of $350,000 per day.
News
April 19, 2023
Investigations and lawsuits relating to the energy giants’ acquisition of the permit 12 years ago should be halted so Africa’s largest crude producer can “take advantage of the fast-disappearing opportunities in the global oil exploration industry,” Attorney General Abubakar Malami wrote in a letter to President Muhammadu Buhari,
News
April 19, 2023
The vessel is equipped with the latest digitalization and automation solutions, ensuring the highest standards of safety and respect for the environment which place it at the top of the technological offering for ultra-deepwater projects.
News
April 18, 2023
“This additional supply is crucial to the UK’s energy security and reduces our reliance on imports as we transition to net zero," said OEUK’s market intelligence manager Ross Dornan.
News
April 18, 2023
Substantial modifications were made to the Haewene Brim floating production, storage and offloading vessel (FPSO), which is used to produce hydrocarbons at the Pierce field. A new subsea gas export line was also installed, connecting to the SEGAL pipeline system, which brings gas ashore at St Fergus, north of Aberdeen.
News
April 17, 2023
With a fleet of 6 vessels (Large PSV, AHTS & Tugs) and the full range of marine services, Bourbon Guyana has operated in the country since 2019 and has since then successfully supported ExxonMobil Guyana and Saipem Guyana for the development of Stabroek field, promoting local employment with more than 70 Guyanese seafarers onboard its vessels.
News
April 17, 2023
The “L7 Restitution Project” includes the decommissioning of nine jackets and ten topside modules, including bridge structures from the L7 field. The total weight of the installations is approximately 17,500 tonnes.
News
April 17, 2023
The Sakarya field will supply 10 MMcm per day in its first phase, rising to a peak of 40 MMcm by 2027-28 in the second stage, state-run producer Turkish Petroleum AO said.
News
April 17, 2023
Peru’s environmental authority OEFA said the oil spill at the port of La Pampilla refinery affected a 300 square meter area. It was discovered on April 15 at the multi buoy terminal 2, which is regularly inspected after a major oil spill affected the area last year
News
April 17, 2023
Bauge consists of two oil producers in a subsea template, in addition to pipelines and an umbilical connecting the wells to the Njord A platform.
News
April 14, 2023
Labor action would have a significant impact on oil and gas production if it goes ahead, Unite said. The dispute is over pay and changes to shift patterns.
News
April 14, 2023
Through the transaction, AFC will become the sole shareholder of Aker Energy, and thereby 50% owner of the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana, comprising discoveries of 450-550 MMboe, including the Pecan field.
News
April 13, 2023
At the end of the first quarter 2023, the company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian was warm stacked for the entire quarter.   
News
April 13, 2023
With a gross production capacity of up to 140,000 bopd, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.
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