The Railroad Commission of Texas (RRC) is expanding its Delivering Oil and Gas Efficiently (DOGE) Task Force initiative as the agency moves forward with efforts to improve operational efficiency, modernize regulatory processes and enhance service for the state’s oil and gas industry. Texas Railroad Commissioner Wayne Christian announced the next phase of the initiative following a year-long review […]
DeepOcean has secured a contract from bp to support decommissioning and recycling activities at the Foinaven field, located West of Shetland on the UK Continental Shelf (UKCS). Under the agreement, DeepOcean will remove 10 flexible process risers, three dynamic subsea umbilicals and one static umbilical from the former Foinaven FPSO location. The scope also includes recovery of buoyancy modules, […]
Nigeria’s national oil company, NNPC Limited, has renewed its partnership with TotalEnergies for another two years to expand the use of advanced drone-based technology aimed at detecting, measuring, and reducing methane emissions across its upstream operations as part of its decarbonisation and gas-flare reduction commitments. The agreement, aimed at helping NNPC Ltd meet its gas-flare […]
Iraq is preparing to boost oil exports from its southern ports with a formal deal to open the Strait of Hormuz scheduled to be signed on Friday.
Trendsetter Vulcan Offshore (TVO) has deployed its Hercules tethered blowout preventer (TBOP) system to support the workover of a shut-in well in the Gulf of America, enabling a deepwater dynamically positioned (DP) rig to safely conduct operations in shallow water.
Transocean has secured approximately $185 million in new contract backlog through awards for two harsh-environment semisubmersible rigs operating in Norway and Australia.
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, advancing the next phase of development in the Balder area and adding 86 MMboe of reserves tied to the Jotun FPSO.
Saudi Arabia’s energy major Aramco is considering selling a stake in its sulfur business, eyeing proceeds of up to $7 billion, Reuters has reported, citing unnamed sources.
Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy, advancing the company’s strategy to streamline its portfolio and strengthen its balance sheet.
Zululand Energy Terminal (ZET) has signed a Heads of Agreement (HoA) with ExxonMobil South Africa LNG Ltd., advancing plans for South Africa’s first liquefied natural gas (LNG) import terminal at the Port of Richards Bay.