News

  • Petrobras starts production from Carioca FPSO in Sepia field

    Petróleo Brasileiro SA (Petrobras) has started oil and natural gas production from the Carioca floating production, storage, and offloading vessel, the first platform in Sepia field, in the Santos Basin presalt.   The platform lies some 200 km off the coast of Rio de Janeiro…

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  • ADNOC Signs Framework Deals Worth Up To US$1 billion

    The Abu Dhabi National Oil Company (ADNOC) has announced that it has signed framework agreements worth up to US$1 billion (AED3.67 billion) for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain to support the delivery of its 2030 strategy….

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  • OMV secures support vessel for New Zealand job

    One of the DDW Offshore-owned offshore supply vessels will be supporting a Valaris jack-up rig on a campaign for OMV in New Zealand.   DDW Offshore, an Akastor subsidiary, said on the 24th August that it has been awarded a one-year contract, plus options, by…

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  • ExxonMobil, PNG government to resume P’nyang gas negotiations

    The Government of Papua New Guinea and ExxonMobil, operator of the PNG LNG project, will re-engage in negotiations for development of the P’nyang gas project in the country’s Western Highlands.   The intention to reopen the talks which stalled in February 2020 was announced in…

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  • EIA: US LNG exports to exceed pipeline exports

    In the US Energy Information Administration’s (EIA) August 2021 Short-Term Energy Outlook (STEO), the company forecasts that US natural gas exports will exceed natural gas imports by an average of 11.0 billion ft3/d in 2021, or almost 50% more than the 2020 average of 7.5…

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