All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
CNOOC starts production at Xijiang Oilfields 24 Block development
The project uses existing facilities at the nearby Huixi Oilfields and incorporates a newly installed unmanned wellhead platform.
Baytex completes sale of Eagle Ford assets for $2.14bn
The company will use part of the proceeds to reduce its credit facilities and redeem its 8.5% Senior Notes due 2030.
Saipem wins $3.1bn offshore EPCI contract from QatarEnergy LNG
The contract is for the COMP5 package of the North Field Production Sustainability (NFPS) offshore compression complexes project.
Equinor extends IMR services agreement with Subsea7
The agreement extends a 2018 contract, allowing Seven Viking vessel to support Equinor’s operations across the NCS.
Equinor discovers oil and gas near Tyrihans field offshore Norway
The discovery was made through exploration well 6407/1-B-2 H, the first well drilled within production licence 1121, using the Transocean Encourage drilling rig.
EBRD to offer $200m financing for wind power project in Türkiye
The funding will support Enerjisa Üretim in the construction of wind plants with a combined capacity of 250MW.
ADNOC secures $2bn K-SURE green financing for lower-carbon projects
ADNOC will use the funding to finance projects that meet international sustainable finance market standards.
Subsea7 secures EPCI contract for PPF project offshore Norway
Subsea7 will immediately start engineering and project management activities from its office in Norway.
Arrow announces initial production from Mateguafa field well in Colombia
The M-HZ7 well, drilled to a total measured depth of 14,253ft, encountered several hydrocarbon-bearing intervals.
Japex to acquire US tight oil and gas producer VRIH for $1.3bn
The Japanese company intends to complete the acquisition by February 2026, subject to customary closing conditions.