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Petrofac Wins New Shell’s EPS Contracts In Oman

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. […]

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BP Starts Production From Trinidad And Tobago’s Cassia C Facility

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 […]

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Neptune Energy Begins Drilling Calypso Exploration Well

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 […]

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Eni Releases 1st Statistical Review Highlights The Energy Industry 2022

Eni’s 21st statistical review highlights the challenge that the energy industry is facing to improve universal access to affordable energy while, at the same time, accelerating the transition process towards a more sustainable energy mix Eni has released the 21st edition of its annual energy statistics report, available online at eni.com. The main challenge that […]

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ADNOC Breaks New World Record For The Longest Well Drill S

Abu Dhabi National Oil Company (ADNOC) announced today that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession.  Stretching 50,000 feet, the well is around 800 feet longer than the previous world record set in 2017 and supports ADNOC’s efforts to expand production capacity of […]

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Seadrill, ADES Seal Jack-up Sale In A Share Purchase Agreement

Seadrill Limited has entered into a Share Purchase Agreement (SPA) with subsidiaries of ADES Arabia Holding Ltd. (ADES) for the sale of the entities that own and operate seven jack-ups in the Kingdom of Saudi Arabia. Seadrill announces today that the Jack-up Sale has been completed pursuant to the SPA. As the Jack-up Sale has […]

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Shelf Drilling Victory Sets For Maiden Sail Onto Arabian Gulf

Shelf Drilling has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf. The contract value for the firm period, including mobilization revenue, is approximately USD 236 million. The contract also includes a two year option, and the planned start-up of operations is late-March 2023. […]

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Touchstone Hits First Natural Gas From COHO Field, T&T

Touchstone Exploration Inc has announced that the Coho facility has safely delivered first natural gas, representing the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years. The Coho area is located in the Ortoire block, where Touchstone has an 80 percent operating working interest and Heritage Petroleum Company […]

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Neptune Energy Gets Nod To Hike Römerberg Oil Production

Neptune Energy has received approval from the State Mining Authority for Rhineland-Palatinate to raise the production limit at its operated Römerberg oil field in the Rhine Valley, south-western Germany, enabling Neptune to increase oil production by up to three times the current limit of 3,700 barrels of oil equivalent per day (boepd). Neptune will continue […]

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OPEC Proposes Production Cut Of 2 MBPD

The 45th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33rd OPEC and non-OPEC Ministerial Meeting took place in person at the OPEC Secretariat in Vienna, Austria, on Wednesday, 5 October 2022.   In light of the uncertainty that surrounds the global economic and oil market outlooks, and the need to enhance the […]

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