Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has agreed to sell its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP). The sale concerns non-operated interests of 40% in the Amended 2011 Baram Delta EOR Production Sharing Contract (BDO PSC) and […]

Phase 1 of Askeladd will bring 18 billion cubic metres of gas and two million cubic metres of condensate to the market via the Hammerfest LNG plant on Melkøya. Askeladd is a satellite field of the Snøhvit Field and developed as a subsea tie-in to the Snøhvit facility and Hammerfest LNG. “Askeladd is now producing, […]

ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The joint effort combines ExxonMobil’s and MHI’s years of expertise in the industry and strengthens the companies’ ability to provide customers with solutions that will […]

Petrofac, a leading provider of services to the global energy industry, has been selected by Shell to undertake new Engineering and Procurement Services (EPS) scopes in Oman. The first is a five-year EPS contract for Shell’s Block-10 Mabrouk Phase-2 Project, located in the Al Wusta Governate of Oman – around 400km from the capital, Muscat. […]

bp Trinidad and Tobago has confirmed its Cassia C development has safely delivered first gas. Cassia C is bpTT’s first offshore compression platform and its biggest offshore facility. It will enable bpTT to access and produce low pressure gas resources from the Greater Cassia Area. The platform, bpTT’s 16th offshore facility, is connected to the […]

Digitalization is a key measure that allows operators to future-proof their asset portfolios by delivering the combination of efficiency, speed, and reliability required by investors and operators to thrive during the energy transition. There is no one-size-fits-all approach to the energy transition, but digitalization is a flexible and robust pathway that can be developed in […]

An Eni member company Saipem is set to mobilise an ultra modern drillship Saipem 12000 for a new offshore drilling contracts, two in West Africa and three in the Middle East for a total amount of approximately 800 million USD. This value is considered net of the leasing costs of the vessels used for the […]

Niger Delta Exploration & Production (NDEP) an indigenous upstream and downstream company with operating interest in Nigeria energy sector has appointed Ms. Patricia Simon-Hart to the NDEP Board as an Independent Director. The appointment, effective from the 4th of November 2022, is in continuation of the Company’s ongoing, forward-looking preparations for the new challenges of […]

Seadrill has announced a new extension has been secured by Sonadrill Holding Ltd Seadrill’s 50:50 joint venture with an affiliate of Sonangol E.P. Sonadrill has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day. Total contract value for the firm portion of the contract is approximately $327 million, inclusive of […]

Neptune Energy announced  that drilling has commenced on the Calypso exploration well in the Norwegian Sea. The exploration well, 6407/8-8 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling. The Calypso prospect is located 14 kilometres north-west of the Draugen field and 22 kilometres north-east […]