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ADNOC’s XRG Takes Stake in Offshore Gas Block in Turkmenistan

OilPrice

XRG, the newly created energy investment firm of Abu Dhabis national oil company ADNOC, has taken a 38% stake in a production sharing contract for an offshore block of gas and condensate fields in Turkmenistan. As part of the transaction, XRG and Petronas signed a long-term gas sales agreement (GSA) with Turkmengas.

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BP-Eni JV makes major gas discovery offshore Angola

Oil & Gas 360º

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. So far, Angola has focused on recovering its oil production, which peaked in 2008 at 2 million barrels per day (bpd).

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Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

OilPrice

ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

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BP Starts Production at Raven Phase 2 Offshore Egypt

Rigzone: News

BP expects an additional production of 220 billion cubic feet of natural gas and seven million barrels of condensate.

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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360º

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Longtail, which will include the Longtail, Tripletail, and Turbot discoveries, will be the consortiums eighth project offshore the South American country.

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North America Drops More Rigs

Rigzone

rig count of 559, 544 rigs are categorized as land rigs, 13 are categorized as offshore rigs, and two are categorized as inland water rigs. land rig count reduced by four, and its offshore rig count and inland water rig count remained unchanged, the count highlighted. and 114 rigs from Canada, the count outlined. Of the total U.S.

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The Importance of Field Gas Conditioners and JT Skids in the Oil and Gas Industry

Pro-Gas Services

In a JT skid, this principle is harnessed to cool and condense the gas, facilitating the separation of liquids and impurities. These skids are typically designed as modular units, making them easily transportable and installable in remote or challenging environments, from onshore well sites to offshore platforms.

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