Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas. The post $7.5 billion gas project on Senegal’s development agenda appeared first on Offshore Energy.
Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year […] The post Petronas picks local tubular running services provider for next five years appeared first on Offshore Energy.
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor. The post Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig appeared first on Offshore Energy.
ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs. The post ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in Nigerian waters appeared first on Offshore Energy.
UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds. The post BP and SOCAR fortify energy ties appeared first on Offshore Energy.
U.S.-headquartered energy technology giant Baker Hughes and Australia’s engineering player Worley have joined forces to pursue opportunities in the liquefied natural gas (LNG) sector, spurred by rising LNG demand across the globe. The post Worley and Baker Hughes embarking on integrated lower-carbon LNG quest appeared first on Offshore Energy.
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia. The post Rig job for Southeast Asian development campaign goes to PV Drilling appeared first on Offshore Energy.
As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions added to the country’s coffers in 2026 compared to last year. The post Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B appeared first on Offshore Energy.
Fugro is set to deploy its geophysical vessel in a couple of days to […] The post Fugro set for maintenance survey of 40-year-old interconnector appeared first on Offshore Energy.
While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin. The post Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome appeared first on Offshore Energy.