Oil & Gas News

Eni signed a new lon- term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with Eni having a participating interest of 10.4%).

Hess announced another oil discovery offshore Guyana at the Uaru well, the 16th discovery on the Stabroek Block. The company also announced an increase in the estimated gross discovered recoverable resources for the block to more than 8 billion barrels of oil equivalent, up from the previous estimate of 6 billion barrels of oil equivalent.

Subsea 7 S.A. announces the award to Subsea Integration Alliance(1) of an exclusive contract by Equinor for the Front End Engineering Design (FEED) study on its Bacalhau (formerly Carcará) project, offshore Brazil. The Bacalhau field is located 185 km from the coast of the State of São Paulo, in water depths of 2050 meters.

BHP Petroleum (via its subsidiary BHP Billiton Petróleo Operaciones de Mexico, S. De R. L. De C.V.) has contracted DORIS Inc. for the execution of Engineer Services for the SURF and Export Pipeline scopes of work of the Trion Project located in the Mexican Sector of the Gulf of Mexico.

Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil. Contractors have been selected for both the SURF (Subsea, Umbilical, Risers and Flowlines) and the FPSO (Floating Production, Storage and Offloading) contracts.

Fugro has been awarded a geotechnical contract for Apsara oil field in Block A, offshore Cambodia, as part of the nation’s first hydrocarbon development. The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand.

Fluor Corporation announces that Neptune Energy awarded a four-year framework agreement to its Stork Worley Integrated Solutions joint venture for engineering, procurement, construction, installation and commissioning, and decommissioning services for a brownfield modification for Neptune Energy's Dutch assets in the North Sea. Fluor will book its portion of the undisclosed contract value in the first quarter of 2020.

The fourth annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report, was released on Tuesday, January 28, 2020, showing that oil and gas professionals are concerned at a perceived lack of investment in their training and development.

Prysmian Group has been awarded a contract by Libra, a consortium of prime international oil & gas operators, for Steel Tube Umbilicals to be installed in the Mero offshore oilfield. The Libra Consortium is led by Petrobras – with a 40% interest – in partnership with Shell Brasil (20%), Total (20%), CNPC (10%) and CNOOC Ltd. (10%). The consortium also has the participation of the state-owned company Pré-Sal Petróleo SA (PPSA) as manager of the Production Sharing Agreement.

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