Equinoron behalf of its partners has extended drilling contracts worth NOK 8 billion with Archer, KCA Deutag and Odfjell Drilling. The contracts include drilling, completion, intervention services, plugging, maintenance and modifications on 19 of Equinor’s permanent installations, maintaining strong ripple effects. The four-year agreements were signed in 2018. Exercised for two years from the end […]

The pipe, which runs between two platforms named Conwy and Douglas, was shut off following the leak on Monday and remains closed and about 500 barrels of oil has reportedly leaked from a pipe off the north Wales coast. BBC reported. Operator ENI UK said details of what happened about 20 miles (33km) north of […]

Shell announced the appointment of Ed Daniels to the newly created role of Strategy, Sustainability and Corporate Relations Director. The appointment is effective February 15. In his new role, Ed will become a member of Shell’s Executive Committee and will have accountability for the company’s existing Strategy, Sustainability and Corporate Relations organisations. “Now is the […]

When it comes to choosing the right product for your vehicle, we know that sustainability and the environment play an increasingly important role in decision making. Consumers around the world now expect brands to offer sustainable products, with 74% citing environmental concerns**. At Shell, we want to help you make the best choice – one […]

TGS, a global provider of energy data and intelligence, can now provide access to derivative standardized well data from ~6,500 wells located in Brazil’s offshore basins. TGS-enhanced data such as standardized digital logs (LAS, LAS+, Mud LAS, Lith LAS), validated well headers, quality-controlled directional surveys and other available derivatives will be licensed and delivered to […]

Invictus Energy has provided an update on the activities of its 80% owned and operated CaboraBassa project in Zimbabwe awarding Baker Hughes the integrated well services contract following completion of the tender and evaluation process. A Letter of Intent has been executed and the contract is expected to be finalised and executed in coming weeks. […]

ExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2. The will bring the total oil production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery.  Production at the Liza Unity floating, production, storage and offloading (FPSO) vessel is […]

The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote has recently in Port Harcourt, Rivers State Nigeria commissioned the ultra-modern valves assembling facility established by Catobi Nigeria Enterprises Limited. While applauding Catobi Nigeria Enterprises Limited for contributing to the attainment of the Board’s 10-year strategic roadmap, Wabote noted the upgrade of the facility will strengthen […]

Exxon Mobil Corporation today announced fourth-quarter 2021 earnings of $8.9 billion, or $2.08 per share assuming dilution, resulting in full-year earnings of $23 billion, or $5.39 per share assuming dilution. Capital and exploration expenditures were $5.8 billion in the fourth quarter and $16.6 billion for the full year 2021, in line with guidance. Generates $48 […]