Oil & Gas News

Vallourec has secured a fourth major order in the framework of the Long-Term Agreement (LTA) signed in 2021 with ExxonMobil Guyana. Under the contract, Vallourec will deliver line pipe for ExxonMobil Guyana’s deep-water Whiptail project. The Whiptail project is located in the Stabroek Block, a 26,800 km2 strategic basin located off Guyana’s continental shelf, where several important discoveries have been made since 2015.

Audacia has successfully installed her largest ever PLET in S-mode, concluding several years of in-house engineering, fabrication and testing. The pipeline end termination structure is so heavy, production crew had to install separately to the connector head. It’s also so tall and wide, it only just fit through the tensioners and over the stinger.

Subsea 7 S.A. has announced the signing of a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance (which comprises Subsea7 and OneSubsea). The agreement, which was signed on May 2 in Stavanger, Norway, represents an innovative, integrated way of working. It enables early information sharing and other collaborative benefits critical to unlocking subsea projects by making them economically viable. Building on their experience as members of Subsea Integration Alliance, this agreement also further cements Subsea7 and OneSubsea’s positions as trusted contractors to Equinor.

Petrofac, a leading provider of services to the global energy industry, has been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.

Apollo, a leading engineering, and energy advisory consultancy, proudly announces its successful award of the Project Management Consultancy (PMC) Contract for INEOS E&P's Hejre Project. This project entails the development of a greenfield platform, subsea infrastructure, and associated complex brownfield modifications.

In the pre-salt Santos Basin, the Tupi field reaches 15 years of operation on May 1, 2024, with 2.6 billion barrels of oil equivalent (boe) of accumulated production and seven units in operation. The first pre-salt field to come on stream in May 2009, Tupi is today the country's largest producing field, with an average volume of 850,000 barrels of oil equivalent per day (boed), accounting for 20% of the total produced in Brazil.

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