Fossil Energy – On Stream
Chevron has brought on stream its N’dola Sul project offshore Angola.
[Read more…] about Chevron brings on stream 20,000 bpd Angola projectVenezuela moves to cut oil output due to US export embargo
General – Venezuela
Reuters reports that Venezuela’s state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity.
[Read more…] about Venezuela moves to cut oil output due to US export embargoTransocean nets $168M in two rig contracts
Fossil Energy – Drilling Contracts
Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.
[Read more…] about Transocean nets $168M in two rig contractsExxonMobil pushes ahead with further testing at Barreleye discovery
Fossil Energy – Exploration Drilling
ExxonMobil Guyana is continuing exploration drilling at the Barreleye-3 well in the Stabroek Block, according to a notice issued by Guyana’s Maritime Administration Department.
[Read more…] about ExxonMobil pushes ahead with further testing at Barreleye discoveryJERA Nex bp announces withdrawal from New Zealand wind scene
General – New Zealand
JERA Nex bp, a collaboration between the Japanese energy developer JERA and bp, has announced that it will focus on other markets and shut down its New Zealand-based renewables division.
[Read more…] about JERA Nex bp announces withdrawal from New Zealand wind sceneChinese investor backs West African gas prospect
Fossil Energy – Partnership
UK-listed Europa Oil & Gas has secured a Chinese partner for its high-impact EG-08 gas block offshore Equatorial Guinea.
[Read more…] about Chinese investor backs West African gas prospectSaipem scores contract for Sakarya gas field development
General – Field Development
Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for additional activities as part of the extension of the third phase of the Sakarya gas field development project in Turkish sector of Black Sea.
[Read more…] about Saipem scores contract for Sakarya gas field developmentØrsted officially sells 50% stake in Hornsea Three OWP
General – Ownership Hornsea
Ørsted has agreed to sell half of its ownership in the Hornsea Three offshore wind farm to global investment firm Apollo Global Management for $6.1 billion.
[Read more…] about Ørsted officially sells 50% stake in Hornsea Three OWPSaipem extends drillship charter and $300m purchase option deadline
Fossil Energy – Contract Extension
Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from Italian offshore engineering and construction giant Saipem.
[Read more…] about Saipem extends drillship charter and $300m purchase option deadlineNNPC to sell some oil and gas assets to private investors
General – Stakes
Nigeria’s state-owned energy company, NNPC, plans to sell stakes in some of its oil and gas assets and has invited bids from private investors.
[Read more…] about NNPC to sell some oil and gas assets to private investors