Qatar’s state-owned energy giant QatarEnergy has entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania. This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months. The C-10 block covers an area of about 11,500 square kilometers and is located approximately 50 kilometersoff the coast of Mauritania in water depths of approximately 50 to 2,000 meters. According to the […]
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L&T wins major offshore contracts in the Middle East
Indian contractor L&T announced in a statement that it has secured multiple offshore EPCI contracts from a ‘prestigious overseas client.’ According to a report by Upstream, the contracts have been awarded by Saudi Aramco to a consortium of Subsea 7 and L&T under the Aramco’s long-term agreement (LTA) framework to which a select group of […]
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Shelf Drilling secures long-term rig contract offshore Nigeria
Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a long-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria. Shelf Drilling announced on March 9 that it had won a two-year contract for the Shelf Drilling Scepter jack-up rig for operations offshore Nigeria. While the contract value for the firm period, […]
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QatarEnergy strikes oil again in Namibia
QatarEnergy announced today a light oil discovery in the Jonker-1X deep-water exploration well, which marks the company’s third recent discovery offshore Namibia. The well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine the size […]
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Subsea7 wins ‘large’ contract for offshore Angola project
London-headquartered Subsea 7, a subsea engineering, construction and services company, announced on Monday that it secured a large contract from an independent oil and gas producer Azule Energy for the Agogo Integrated West Hub Development Project, offshore Angola. Â Subsea7 defines a large contract as being between $300 million and $500 million, the company said. […]
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QatarEnergy to join Eni, TotalEnergies in Lebanon offshore exploration
“This will be a major positive development,” Lebanon’s energy minister said.
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Baker Hughes secures contract for world’s largest offshore carbon capture project
Baker Hughes will supply turbo-compression equipment to Petronas Carigali’s Kasawari CCS project
Posted inExploration & Production
Indonesia awards offshore blocks to ramp up gas production
Indonesia has awarded two oil and gas exploration blocks to domestic firms as it seeks to increase gas production to meet growing energy demand, Reuters reported, citing the energy ministry’s director general of oil and gas. The Paus working area in offshore East Natuna, with an estimated 2.5 trillion cubic feet of gas, was awarded […]
Posted inNews, Upstream
QatarEnergy renews development contract for Al-Karkara offshore fieldÂ
Under the new agreement, Japan’s Qatar Petroleum Development Co will continue to act as the operator of the oil fields
Posted inExploration & Production
QatarEnergy wins offshore exploration block in Brazil
QatarEnergy, in a consortium with oil giants TotalEnergies and Petronas, have been awarded an offshore exploration block during the first cycle of Brazil’s open acreage under a production sharing regime bid held in Rio de Janeiro. Under the terms of the agreements, QatarEnergy will hold a 20% working interest, alongside the operator Petrobras (30%), TotalEnergies […]
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