French oil and gas giant Total has secured financing for the $20 billion Mozambique LNG project with the signing of a $14.9 billion senior debt financing. The project, which represents the first onshore LNG development in Mozambique, calls for the development of the Golfinho and Atum natural gas fields in Offshore Area 1 concession and […]
Equinor Energy has made a minor oil discovery in production licence 089 (PL 089) through the drilling of the 34/7-E-4 AH wildcat well near the Vigdis field in the Norwegian North Sea. The goal of the 34/7-E-4 AH exploratory well was to determine the presence of hydrocarbons in reservoir rocks from the Middle Jurassic Age […]
Azikel Refinery Project : McDermott International has bagged an engineering and procurement contract from Azikel Petroleum for the modular Hydro-Skimming Refinery project in Nigeria. The refinery, which is to be built in Yenagoa, Bayelsa State, will have a capacity of 12,000 BPD. According to McDermott, the scope of its contract includes the detailed engineering and […]
Petrofac said that its engineering and production services (EPS) unit, in a joint venture with Kazakhstani company Isker has won an engineering, procurement, construction, pre-commissioning, and commissioning (EPCC) contract worth around $135 million from North Caspian Operating Company (NCOC) for new water treating facilities in Atyrau, Kazakhstan. The work scope for the 30-month contract covers […]
Russian oil and gas company Zarubezhneft and its partners are set to begin the development of the oil ad gas Block 09-2/09 in the Cuu Long Basin in Vietnamese waters, about 135 km south-east from Vungtau city. Currently, the offshore Vietnamese block is in the second stage of the prospecting and exploration period, which expires […]
Oil field service companies Halliburton and TechnipFMC have introduced a distributed acoustic sensing solution for subsea wells called Odassea, which is said to help operators in executing intervention-less seismic imaging and reservoir diagnostics to bring down the total cost of ownership while enhancing reservoir knowledge. By integrating hardware and digital systems, the Odassea service is […]
Aibel has bagged a portfolio agreement from Equinor for carrying out modification tasks on the Oseberg oil field in the North Sea. The Norwegian oil industry company said that the first call-off of the agreement is for undertaking front-end engineering and design (FEED) of Oseberg Gas Capacity Upgrade and Power from Shore (OGP). According to […]
Odfjell Drilling is set to win a contract worth around $150 million to deploy its Deepsea Atlantic rig for Equinor and its partners for the drilling of a dozen wells for the Johan Sverdrup project phase 2 in the Norwegian North sea. The Deepsea Atlantic rig was previously used during the phase 1 development of […]
Emerson said that Jaguar Exploración y Producción, a Mexican oil and gas company, will employ its exploration and production (E&P) software and services to maximize the potential of its onshore assets and projects. The Mexican oil and gas company intends to use Emerson’s E&P software solutions for seismic and well data analysis, petrophysical analysis and […]
Tethys Oil, a Swedish energy company, has signed an exploration and production sharing agreement (EPSA) with the Omani government for Block 58 onshore Oman. The block is located in southern Oman near the Swedish firm’s operated exploration licence Block 49. Tethys Oil, through its fully-owned subsidiary Tethys Oil Qatbeet, will be the operator of Block […]