Business & Finance

ExxonMobil reaches FID on eighth project offshore Guyana

New ultra-deep oil & gas discovery marks ‘major breakthrough’ in Bohai Sea
CNOOC has revealed an ultra-deep natural gas find in the central Bohai Sea, with a high-yield volcanic well testing at 800,000 cubic meters per day.

SLB on multi-year integrated drilling quest with European oil & gas operator
SLB’s new assignment with Vår Energi aims to drive efficiency and performance across two rigs owned by Transocean and Odfjell Drilling.

GULF broadens LNG trading horizons beyond Thailand with PetroChina deal
This deal enables GULF to supply 0.3 million tonnes of LNG to PetroChina in 2027, marking its strategic expansion into international trading.

2009-built seismic vessel lands ocean bottom node job offshore West Africa
SeaBird Exploration has lined up a multi-month ocean bottom node (OBN) source assignment off the coast of West Africa.

With restructuring done, Impact Oil & Gas turns into pure-play Namibia explorer
The corporate restructuring has established a pure-play Namibia-focused development and exploration business, anchored by the Venus project.

DOF rakes in up to $160 million for new vessel deal and 2009-built CSV’s job extension
DOF has secured a seven-year assignment for a construction support vessel (CSV) and an extension of the charter for its 2009-built vessel.

Reservoir upside ups Amplitude Energy’s East Coast gas ante
Amplitude Energy’s drilling activities have confirmed high-quality gas and strong resource potential, strengthening its Australian project.

Murphy Oil gains stronger foothold offshore Cameroon with block quartet
Murphy Oil has signed four production sharing contracts (PSCs) for more offshore acreage in Cameroon.

ADNOC widens its Asian footprint with decade-long LNG offtake deal
This ten-year agreement will enable ADNOC to supply up to 4 million tonnes of liquefied natural gas (LNG) to India's Gujarat Energy.

ADES rig duo picks up multimillion-dollar assignments offshore India
Two of ADES’ jack-up rigs have secured multi-year contracts with Oil and Natural Gas Corporation (ONGC).

Ghana's oil & gas drilling yields hydrocarbons and first carbonate reservoir
This hydrocarbon discovery in a carbonate reservoir off Ghana's coast is unlocking new potential for the country’s upstream sector.

North Sea quintet P&A ops done as Mermaid Subsea checks off decom mission
Mermaid Subsea has wrapped up a plug and abandonment (P&A) campaign with an undisclosed North Sea operator in UK waters.

Multi-license awards open Eastern Mediterranean doors for Murphy Oil
Murphy Oil has made its first foray into the Eastern Mediterranean by securing six offshore exploration licenses close to a giant gas field.