Fossil Energy
BP flows first gas from third stage of West Nile Delta project
Oil major BP has started producing gas from the Raven field, the third stage of the large West Nile Delta (WND) development off the Mediterranean coast in Egypt.
Equinor hires Seadrill rig for work on Bacalhau field off Brazil
Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil.
ExxonMobil eyes Houston for $100 billion carbon capture plan
U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing goals.
Baron Oil increases stake in Chuditch PSC off Timor-Leste
UK-based and AIM-listed oil and gas company Baron Oil has completed its earn-in for an increased interest in the Chuditch discovery and prospects.
Melbana sells Beehive to Fortune 500 firm EOG Resources
Oil and gas company Melbana Energy has entered into a sale and purchase agreement (SPA) with U.S. heavyweight EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect.
Nigerian president returns four oilfield licenses to Addax
Nigeria’s president has restored four oilfield licenses to Addax Petroleum, a company controlled by China’s Sinopec, overruling a previous revocation from the country’s petroleum regulator.
Eni starts up ‘key’ Merakes project offshore Indonesia
Italian oil major Eni has started gas production from the Merakes project located in the East Sepinggan block in the Makassar Strait, deep offshore East Kalimantan, Indonesia.
Schlumberger, Equinor to collaborate on data platform project
Schlumberger and Equinor, in collaboration with Microsoft, have partnered up on a strategic project to deploy the DELFI cognitive E&P environment, with seamless integration to the OSDU Data Platform.
Siem Offshore bags MPSV contract in North Sea
Norwegian marine contractor Siem Offshore has been awarded its first contract with Dutch subsea services provider DCN Diving for the multi-purpose support vessel (MPSV) Siem Dorado.
EnQuest enters $42 million deal to buy Bentley field from Whalsay
UK oil and gas company EnQuest has signed a share purchase agreement with Whalsay Energy to purchase their 100 per cent equity interest in the P.1078 licence containing the proven Bentley heavy-oil discovery.
Archer signs offer to buy DeepWell from Moreld
Offshore services provider Archer Limited has signed an offer letter with Moreld laying out principle terms to purchase 100 per cent of the shares in DeepWell AS.
U.S. DoE to invest $75 mln in decarbonization tech
The United States Department of Energy has earmarked $75 million for cost-shared development projects including carbon capture systems and decarbonization of natural gas power and industrials sectors.
HSM completes Blythe and Southwark platforms for IOG
UK-based Independent Oil and Gas (IOG) has signed off the Blythe and Southwark platforms as mechanically complete earlier this month.
Total declares force majeure on Mozambique LNG project
French major Total declared force Majeure on its Mozambique LNG project only months after resuming activities at the Afungi site.