Quick Links
Latest news about Oil and gas Industries-16.05.25
On May 14, 2025 Eni commenced gas production from the Merakes East field in the Kutei Basin, offshore Indonesia, located in the East Sepinggan block where Eni holds an 85% operating interest. The field, situated at a water depth of 1,600 meters and about 10 km east of the Merakes Field, is tied back to the Jangkrik Floating Production Unit (FPU) via a subsea connection approximately 50 km away. With a production capacity of up to 100 MMscfd (around 18,000 boed), the... Read More
Latest news about Oil and gas Industries-09.05.25
On May 07, 2025 Dräger Marine & Offshore (DMO) extended its long-term supply contract with a major North Sea oil and gas operator for five years, with an option to extend for two additional years. The agreement ensures over 10 UK North Sea assets will continue using DMO’s portable gas detection and breathing apparatus systems, building on a decade-long partnership that includes product provision and training services. Lawrie Kerr, UK Sales Manager at ... Read More
Latest news about Oil and gas Industries-25.04.25
On April 23, 2025 ExxonMobil signed an agreement with Calpine Corporation, the largest U.S. producer of electricity from natural gas, to transport and store up to 2 million metric tons of CO₂ annually from Calpine’s Baytown Energy Center near Houston. This initiative, part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project, aims to capture emissions from the facility, providing low-carbon electricity to Texas customers and steam to nearby in... Read More
Latest news about Oil and gas Industries-18.04.25
On April 14, 2025 BP announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of Mexico, drilled in Green Canyon Block 584, about 120 miles off Louisiana’s coast. The well, reaching a depth of 23,830 feet, encountered high-quality Miocene reservoirs with preliminary data indicating commercially viable hydrocarbons. BP operates the project with a 57.5% stake, alongside Chevron (42.5%). This discovery reinforces BP’s commitment to ex... Read More
Latest news about Oil and gas Industries-11.04.25
On April 08, 2025 Shell Offshore Inc., a subsidiary of Shell plc, has announced the start of production at Dover, a new subsea tieback to the Shell-operated Appomattox production hub in the Gulf of Mexico. Dover is expected to reach a peak production of 20,000 barrels of oil equivalent per day (boed). The project highlights Shell’s strategy to maximize output from deepwater hubs while focusing on high-margin, lower-carbon resources. “Dover is another exa... Read More