All articles by Archana Rani
Archana Rani
Energy producer TRP looks to divest Permian assets for $1.5bn
TRP owns in the region 15,000 net acres in the Midland portion of the Permian basin.
TechnipFMC secures subsea contract for OMV gas project
TechnipFMC plans to start subsea installation at the Berling gas development project in the second quarter of 2024.
Trinity selects Petrofac for Trinidad offshore block development
As per the estimates, the Galeota Block comprises 2P+2C reserves and resources of 46.1 million barrels of oil equivalent.
Eni signs $300m deal to sell non-core oil assets in Republic of Congo
Eni is developing the Congo LNG project to unlock the country’s vast gas resources in Marine XII.
PGS and partners sign offshore reprocessing deal
PGS and its JV partners will reprocess legacy datasets with MPM’s approval to merge with newly acquired phases.
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Saipem secures $550m offshore drilling contracts
The company secured one contract for the Perro Negro 7 drilling unit in the Middle East and one for the Scarabeo 9 rig in the Mediterranean Sea.
TechnipFMC secures subsea contract from Azule Energy
TechnipFMC will reconfigure the existing field layout to accommodate new equipment to support Azule’s plan to increase production.
Pertamina secures $3.1bn for Balikpapan refinery upgrade
The Balikpapan oil refinery upgrade aims to boost capacity from 260,000 barrels per day (bopd) to 360,000bopd.
Adnoc Drilling awards $2bn contracts for offshore jack-up rigs
Adnoc plans to commission the five offshore jack-up rigs progressively from the end of this year.
Aramco, TotalEnergies award contracts for Saudi Arabian petrochemical complex
The $11bn Amiral complex will be integrated with the existing SATORP refinery on Saudi Arabia’s eastern coast.