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Anchor Oil Field Gulf of Mexico : Chevron, Total take FID on deepwater project

Anchor Oil Field Gulf of Mexico : Chevron, Total take FID on deepwater project

Chevron and Total are set to go ahead with stage 1 development of the Anchor Oil Field Gulf of Mexico, offshore Louisiana, having taken a final investment decision (FID). The two oil and gas giants will invest nearly $5.7 billion for the phase 1 development of the US offshore oil field. Located approximately 225kms from […]

Pyxis Hub Project : Woodside takes FID on offshore gas project in Australia

Pyxis Hub Project : Woodside takes FID on offshore gas project in Australia

Woodside Energy has confirmed taking a final investment decision (FID) for the Pyxis Hub Project in production license WA-34-L, contained within the Greater Pluto field area in the offshore Carnarvon Basin in North West Australia. The Pyxis Hub Project, which is aimed to be brought into production in 2021, will be a subsea tieback of the […]

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]

Cypre project : Aker Solutions wins contract for BP’s gas project in T&T

Cypre project : Aker Solutions wins contract for BP’s gas project in T&T

Norwegian engineering company Aker Solutions has bagged a contract to support the development of BP’s 100% owned Cypre project located offshore Trinidad and Tobago (T&T). The Cypre gas project involves the development of the Macadamia gas discovery made in June 2017 by BP. Under the contract, Aker Solutions will be responsible for providing front-end engineering […]

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi celebrated its first anniversary by wrapping up its previously announced $4.5 billion acquisition of the non-operated upstream assets of ExxonMobil in the Norwegian North Sea and the Norwegian Sea. The Norwegian oil and gas company, which is owned by Eni (69.6%) and HitecVision (30.4%), has doubled its production from the Norwegian Continental Shelf […]

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni’s subsidiary Eni East Sepinggan has wrapped up its previously announced sale of a 20% stake in the East Sepinggan area, offshore Indonesia, which contains the Merakes development and Merakes East discovery, to Neptune Energy Group’s subsidiary Neptune Energy East Sepinggan. Financial details of the deal that was announced in July 2019 remained to be […]

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi, a Norwegian oil and gas company, has signed a partnership agreement with French IT company Capgemini to fast track its digital transformation. As per the agreement, Capgemini will support the digital transformation program of Vår Energi by providing digital services to enable the latter to benefit from the full digital potential. The Norwegian […]

Tor field : ConocoPhillips gets PSA nod for production drilling

Tor field : ConocoPhillips gets PSA nod for production drilling

Norway’s Petroleum Safety Authority (PSA) has granted consent to ConocoPhillips to use the West Linus jack-up rig for production drilling on the Tor field located in the Norwegian sector in the North Sea. The PSA consent allows for the drilling and completion of eight production wells as part of the new development of the Tor […]

BIG-P gas project : Premier Oil draws first gas from Indonesian gas project

BIG-P gas project : Premier Oil draws first gas from Indonesian gas project

Premier Oil has achieved first gas from the Bison, Iguana and Gajah Puteri project (BIG-P gas project) in the Natuna Sea Block A located offshore Indonesia. The UK-based oil and gas company said that the two-year Indonesian gas project was wrapped up on schedule and significantly under the budget. Premier Oil expects the recoverable reserves […]

Subsea 7 bags contract for Julimar-Brunello Project phase 2 in Australia

Subsea 7 bags contract for Julimar-Brunello Project phase 2 in Australia

Subsea 7, a UK-based subsea engineering, construction and services company, has confirmed winning a contract from Woodside for executing phase 2 of the Julimar-Brunello Project in Australia. The value of the contract is in the range of $150 million-$300 million. The contract was won to Subsea 7 earlier this year and was subject to the […]

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