(WO) – Baker Hughes has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil and Petrobras. The order comprises of turbomachinery equipmen...
From exploration to production and export, the Angolan oil and natural gas industry is bustling with new initiatives. This past year alone, international oil companies and the Angolan government partnered to award numerous regional operators with service contracts worth billions of dollars in combined value. Source: African Energy Chamber The...
(WO) – Wood has been awarded a contract extension worth approximately $250 million by Brunei Shell Petroleum (BSP), Brunei’s largest energy producer. The two-year extension will focus on the continued rejuvenation of BSP’s offshore energy asset portfolio to maximize production capacity and efficiency. Ken Gilmartin The scope of the contr...
(WO) – Reliance Industries Limited (RIL) and bp p.l.c. confirmed the commencement of production from the MJ field, following testing and commissioning activities. The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India. Courtesy of...
(Bloomberg) – Seplat Energy Plc remains committed to purchasing Nigerian oil and gas assets from ExxonMobil Corp. by completing a deal that’s been held up by the West African state for more than a year. The Lagos and London-listed company is hoping that President Bola Tinubu, the new leader of Africa’s largest crude producer, will adopt...
(Bloomberg) – Norway’s energy ministry approved oil and gas projects with a total value of more than 200 billion kroner ($18.5 billion) as Europe’s biggest supplier of natural gas works to keep up production. The projects, which include Aker BP ASA’s Yggdrasil and Valhall PWP og Fenris in the North Sea, as well as Equinor ASA’s Irpa...
(WO) – TGT Diagnostics announced the launch of its latest acoustic platform, ChorusX, a new diagnostic resource specifically designed to locate and characterize flow in oil and gas wells. This all-new acoustic array platform enables energy companies to find and map fluid flow throughout the well-reservoir system with greater ease and precision, h...
(WO) – TotalEnergies announced the signature of an agreement with Petronas and Mitsui to develop a carbon storage project in Southeast Asia. The partners will evaluate several CO2 storage sites in the Malay basin, including both saline aquifers and depleted offshore fields. This partnership aims to develop a CO2 merchant storage service to decarb...
(WO) — TechnipFMC has been awarded a significant contract by Azule Energy to supply subsea production systems for the Block 18 Infills development, offshore Angola. It is TechnipFMC’s first subsea production systems contract with Azule Energy, and follows the announcement of a flexible pipe supply contract for Azule’s Agogo Integrated West Hu...
During last week, the 2023 edition of the Unconventional Resources Technology Conference (URTeC) got underway in Denver with a spirited plenary panel discussion. The four panelists shared insights on how unconventional resources and technology will play a key role in the transition to a low-carbon world, balancing oil and gas with renewables, along...