Ivory Coast’s council of ministers on Thursday approved the signing of production-sharing agreements with Eni relating to four oil blocks.
SLB, OneSubsea, Subsea 7 and the Subsea Integration Alliance will increase speed of tool delivery, optimize installation and reduce rig days at BP’s Murlach development in the North Sea.
Norway produced 122.9 million cubic meters (4.3 billion cubic feet) of oil equivalent in the first half (H1) of 2024, up 6.2 MMcm (219 MMcf) compared to the same period last year as natural gas output kept growing year-on-year in the six months running.
Colombia’s state-owned Ecopetrol sees the country’s offshore gas production coming on line as early as 2029, Bloomberg reported on Tuesday.
MODEC, Inc. (“MODEC”) is pleased to announce that FPSO Bacalhau has received the Approval in Principle (AiP) for Abate Notation from classification society DNV, making it the first new built FPSO in the world to achieve this prestigious recognition.
TechnipFMC (NYSE: FTI) has
been awarded a significant(1) contract to supply flexible pipes to Petrobras for the pre-salt
fields offshore Brazil.
New boss Murray Auchincloss, who took the helm in January, has shifted the company’s focus towards high growth and increased returns to shareholders amid weakened profit margins.
Shell UK Ltd. spudded an exploration well in the P2437 license area, UK Southern North Sea.
Petrobras saw its crude oil production increase by 2.6% year-over-year to 2.156 million barrels per day (bpd) in the second quarter, the Brazilian state oil and gas giant said in a production and sales report.
Brazil will continue to be a key investment area for ExxonMobil, local CEO Alberto Ferrin told the Latin American Energy Economics Meeting (ELAEE) in Rio de Janeiro.