3 days ago · Offshore oil and gas news, LNG, shale, exploration, operations and production

U.S. oilfield services firm Halliburton has secured a contract from Petrobras for integrated drilling services across several offshore fields in Brazil.The contract scope includes drilling services for development and exploration wells over a three-year period.The contract, expected to begin in 2025, represents Halliburton’s largest service contract with …

Dec 20, 2024 · Equinor has awarded pre-FEED study contracts to BW Offshore and Altera Infrastructure for the Bay du Nord floating production storage and offloading (FPSO) vessel, planned for deployment offshore Canada.The Bay du Nord project consists of several oil discoveries in the Flemish Pass basin, some 500 km northeast of St. John’s in Newfoundland and Labrador, Canada.The first discovery was made by ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its Admarine 504 jack-up drilling rig, marking its first entry to the Nigerian offshore oil and gas sector.ADES and Admarine 504’s current client in Saudi Arabia have mutually agreed to suspend the rig’s operation in the country, while retaining the remaining backlog value ...

Jan 8, 2025 · The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR).Monday's lawsuit in the U.S. District Court in Alaska challenges the federal government's December 2024 decision to offer oil and gas drilling leases in an area known as the ...

Jan 21, 2025 · U.S.-based subsea services and technology firm Oceaneering has placed an initial order for a minimum of 100 units of Exail’s new Octans 9 Attitude Heading Referencing Systems (AHRS), as it aims to enhance capabilities for offshore survey and positioning projects.The Exail Octans 9 systems will be integrated into a variety of offshore applications, including high-specification offshore field ...

Feb 1, 2021 · Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Oil majors are expected to report 2023 profits down by about a third from record levels in 2022, as oil and gas prices retreated from the peaks that followed Russia's invasion of Ukraine.Exxon results included a $2.5 billion impairment charge for California ...

Jan 21, 2025 · Brazilian state-run energy company Petrobras, Latin America's top oil producer, ended last year with output of 2.7 million barrels of oil equivalent per day (boed), the company said in a statement on Monday, but without providing quarterly figures.Petrobras added that its 2024 oil production reached 2.2 million barrels per day.The firm said the start of operations of two new offshore platforms ...

Jan 27, 2025 · The financial close for the Inch Cape offshore wind farm, developed by ESB and Red Rock Renewables as equal joint owners, has been reached, raising more than $4.3 billion in funding.The 1,080 MW offshore wind farm, located in the …

Petrobras, on behalf of the Tupi field consortium, has extended charter and service agreements for the floating production storage and offloading (FPSO) unit Cidade de Angra dos Reis, announcing also the upgrades to the vessel.The amendments to the charter and service agreements have been signed with Tupi Pilot MV 22 and Modec Serviços de Petróleo do Brasil, extending the charter period of ...