Caribbean Sea News

 

Equinor’s North Sea Wildcat Well Yields No Oil and Gas

Sep 19, 2025

Equinor and its partners Vår Energi and Aker BP have drilled a dry exploration well in the North Sea.The wildcat well 34/8-20 S was drilled about 130 kilometres west of Florø, in the Narvi nord prospect.The well was first to be drilled in production license 554 E, awarded in 2023 through APA 2022 (Awards in pre-defined areas).Equinor is the operator of the license with 40% working interest, while Vår Energi and Aker B hold 30% stakes each…

Petrofac Bags $50M Contract Renewal with Ithaca Energy in North Sea

Sep 22, 2025

Provider of services to the global energy industry Petrofac has extended its work in the U.K.’s North Sea with a two-year contract renewal from Ithaca Energy, valued at $50 million.Under the integrated services contract, Petrofac, who has supported Ithaca Energy since 2011…

Trinidad and Tobago Gets Bids for Only Four Out of 26 Oil and Gas Blocks

Sep 18, 2025

An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed…

Petrofac to Stay on Duty for ONEgas in UK’s Southern North Sea

Sep 15, 2025

Oilfield services provider Petrofac has secured a contract extension from ONEgas West, a Shell UK-operated venture, for asset support services in the U.K.’s Southern North Sea.The contract scope provides services across ONEgas West’s Southern North Sea portfolio…

Equinor Cleared for Norwegian Sea Drilling Operation

Sep 11, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/8-12 S in production license 124 B, operated by Equinor with 25.69% working interestOther partners in the license include Petoro with 36…

Equinor’s Barents Sea Wildcat Fails to Deliver

Sep 01, 2025

Equinor and its partners have drilled a dry well in the Deimos prospect in the Barents Sea.The wildcat well 7117/4-1 was drilled in production license 1238, 135 kilometers west of the Snøhvit field and 260 kilometers northwest of Hammerfest…

Trinidad Awards Deepwater Blocks to Exxon

Aug 12, 2025

Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy major finds reserves in a large deepwater area it was awarded on Tuesday to explore for oil and gas in the Caribbean country, Energy Minister Roodal Moonilal said…

Johan Castberg Pivotal to Future Development of Barents Sea

Aug 10, 2025

The Johan Castberg field is important to the further development of the Barents Sea, says the Norwegian Petroleum Directorate, as it will be producing oil for many years to come, and new discoveries can be incorporated.The Johan Castberg oil field came on stream in March…

UK Firm Nets Multi-Year Decommissioning Job in North Sea

Aug 07, 2025

Offshore well plug and abandonment specialist Well-Safe Solutions has secured a multi-year contract by EnQuest for decommissioning work in the U.K. North Sea.The firm scope, expected to generate revenue in excess of $45 million, will be executed…

Trinidad, ExxonMobil Strike Deal for Seven Deepwater Blocks

Aug 05, 2025

Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas, two senior government officials told Reuters.The parties began negotiations earlier…

EnerMech Nets BP’s Services Contract Extension off Trinidad & Tobago

Jul 31, 2025

Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.Project scope includes crane operations…

Exxon Looking to Explore Trinidad and Tobago For Offshore Oil

Jul 22, 2025

Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago…

EnerMech Bags Two-Year O&M Services Extension in North Sea

Jul 17, 2025

Energy industry services firm EnerMech has been awarded a two-year crane operations and maintenance (O&M) contract extension to continue supporting a North Sea operator.The current agreement, which began in August 2022, will now run until at least August 2027…

COSLInnovator Rig Cleared for Two-Well Drilling Op in North Sea

Jul 09, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea, to be conducted with COSL’s COSLInnovator semi-submersible drilling rig.The drilling permit is for wellbores 34/8-20 S and 34/8-20 A in the license 554 E…

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Jun 25, 2025

China has begun construction of a new structure in waters between China and Japan in the disputed East China Sea, the Japanese foreign ministry said on Tuesday, adding it has lodged a protest with China.The ministry said in a statement 'it is…

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