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The spudding of the first production well at the ACG project follows...
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Seatrium wins FPSO topside modules fabrication contract from MODEC
Under the terms of the contract, BrasFELS, a member of the Seatrium Group, will modify the topside modules of an FPSO for the Equinor-operated Raia project in Brazils
Maha Energy to divest its remaining 65% stake in Block 70, Oman
Mafraq Energy, which currently owns 35% of Block 70, will acquire the remaining stake for a consideration of up to $14m and cover all costs from December 2023
Suncor Energy restarts production at Terra Nova oil field
The FPSO, which undergone several repairs at a port in Ferrol, northwestern Spain for an extended operational life through 2031, restarted production after the completion of the...
Apollo secures FEED contract from NEO Energy for FPSO modifications
The FEED study, which covers asset repairs and modifications for the FPSO, along with late-life extension procedures, from a process and marine perspective, will support NEO...
NOG to acquire assets in Northern Delaware and Appalachian Basins for $170m
NOG has signed separate agreements to acquire the remaining non-operated interests across nearly 3,000 net acres, primarily in Lea and Eddy Counties, New Mexico, and...
Suncor completes acquisition of TotalEnergies EP Canada for $1.3bn
The acquisition of TotalEnergies EP Canada will provide full ownership of the Fort Hills project and add 61,000 barrels per day of net bitumen production capacity and 675 million...
Saudi Aramco makes new gas discoveries in Eastern Province, Empty Quarter
The natural gas discovery Al-Hiran field was confirmed after 30 million standard cubic feet per day (MMSCFD) of gas flowed from the Hanifa reservoir in the Al-Hiran-1 well, and...
Aramco starts unconventional tight gas production at South Ghawar field
Aramco has started production from the South Ghawar field two months ahead of schedule, which is the company’s second unconventional gas stream following the North Arabia field in...
Mach Natural Resources to acquire certain Anadarko Basin assets for $815m
The US-based oil and gas company will purchase the assets from Paloma Partners IV, a limited liability company backed by EnCap Investments and its affiliates, using new debt financing...
Red Sky gets nod to begin production at Killanoola DW1 well in South Australia
The Australian oil and gas company is preparing to begin production activities at the Killanoola DW1 well immediately and plans to mobilise contractors to the site, after...
Lime Petroleum to acquire 17% stake in Brasse field licence in North Sea
Lime Petroleum will acquire 10.72% and 6.27% stakes from DNO Norge and OKEA, respectively in the licence containing the Brasse field, which holds recoverable resources ranging between...
BP, Neptune, JAPEX start production from Seagull field in UK North Sea
The Seagull field has been developed as a four-well subsea tieback to the BP’s central processing facility (CPF) of the Eastern Trough Area Project (ETAP) in the central North...
Equinor announces new oil and gas discovery in Norwegian North Sea
The well was drilled from the Oseberg C platform to a vertical depth of 2,795m below sea level, at a water depth of 109m, and encountered oil and gas-filled sandstone in the...
Chariot secures EIA approval for Anchois gas development offshore Morocco
The Moroccan Ministry of Energy Transition and Sustainable Development has approved the development of the Anchois gas project, following a 12-month EIA that included onshore and...
Wintershall Dea produces first gas at East Damanhur block in Egypt
The ED-2X ST1 well has been tied back to the Disouq facilities and is producing at a rate of around 10 million standard cubic feet per day
Israel awards 12 offshore gas exploration licences to six companies in OBR4
Israel awarded six licences in Zone G, an area west of the massive Leviathan field, to Eni, Dana Petroleum, and Ratio Energies, and another six licences in Zone I, an area north of...
TGS and PGS boards approve $864m merger agreement
The proposed transaction is structured as a statutory, triangular merger between TGS Newco, TGS and PGS, with TGS NewCo, a newly formed wholly owned subsidiary of TGS for the purpose...
Equinor completes drilling at dry well 6307/1-2 in Norwegian Sea
The wildcat well 6307/1-2, drilled using the Deepsea Stavanger drilling rig to a vertical depth of 2283m below sea level, was terminated in sandstones in the presumed Red Layer in...
Cenovus contracts Harland & Wolff to provide mid-life upgrade for SeaRose FPSO
Harland & Wolff will deliver the SeaRose FPSO at Cenovus’ Belfast Yard in early 2024 and has already started several preparatory works in Belfast, including inspections, procurement...