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Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offshore (OQEP), which will be the firm’s partner. The post Petronas enlarges oil & gas portfolio with block offshore Oman appeared first on Offshore Energy.

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS). The post Go-ahead for Equinor to use 2016-built rig at North Sea field appeared first on Offshore Energy.

Another ‘major’ North Sea decom job comes AF Offshore’s way

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer. The post Another ‘major’ North Sea decom job comes AF Offshore’s way appeared first on Offshore Energy.

Farm-out of African oil & gas block awaits regulatory clearance

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending regulatory approvals. The post Farm-out of African oil & gas block awaits regulatory clearance appeared first on Offshore Energy.

ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done

Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil. The post ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done appeared first on Offshore Energy.

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market. The post ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals appeared first on Offshore Energy.