Perenco Vietnam has signed a Gas Sales and Purchase Agreement (GSPA) for the Su Tu Trang Phase 2B development on Block 15-1 offshore Vietnam, marking a key milestone for a project expected to supply more than 600 Bcf of natural gas over its producing life.
Offshore communications provider Tampnet has secured contracts to deliver subsea fiber and 5G connectivity for two deepwater developments in the U.S. Gulf, supporting increased digitalization and remote operations across the region.
GNPC Explorco and Tamale Technical University (TaTU) have institutionalised a strategic partnership aimed at bridging the gap between the upstream petroleum industry and academia.
Libya reached its highest daily production since 2013, recording 1.44 million barrels per day (MMbpd) on Sunday, the National Oil Corp (NOC) said.
Ghana is positioning itself as West Africa’s gas trading hub, with more than $3.5 billion committed to address a supply gap that imports from Nigeria alone cannot close.
Nobody, especially not Iraq, wants to be caught relying on Hormuz ever again. Iraq is preparing to export crude oil and naphtha through Syria’s Mediterranean port of Baniyas, expanding an emergency workaround that emerged after the closure of the Strait of Hormuz disrupted the country’s primary export routes and left storage tanks filling up. According […]
Qatar is calling back empty LNG carriers in preparation for the restart of exports despite ongoing repairs at the Ras Laffan complex, and an explosion that rocked the facility on Sunday. Three carriers for liquefied gas owned by QatarEnergy are heading towards the entrance to the Strait of Hormuz from the Gulf of Oman, Bloomberg reported, citing shipping […]
Equinor and partners Petoro, Shell, TotalEnergies and ConocoPhillips have approved an investment of approximately USD 410 million in a new subsea development to increase gas production from the Troll field in the North Sea, Equinor announced on Friday. The Troll West Increased gas recovery North (TWIN) project is expected to add approximately 11 bcm (388.5 bcf) of gas production […]
Adura has submitted responses to requests for additional information from the UK’s Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) for the Jackdaw and Rosebank developments, moving the projects another step closer to receiving final approvals before production can begin. The company said both North Sea developments are at an advanced stage of construction and development, with more […]
Valeura Energy has completed an eight-well drilling campaign at its Nong Yao field in the Gulf of Thailand, increasing production while successfully drilling the company’s first multi-lateral development well. The program, conducted on the Nong Yao field in Block G11/48, included one appraisal well and seven horizontal development wells drilled from the Nong Yao A and Nong […]