hydrocarbon Archives - Oil & Gas 360

bp awards SLB OneSubsea subsea boosting contract for Thunder Horse

June 9, 2026

(World Oil) — SLB’s OneSubsea joint venture has secured a contract from bp to provide a subsea boosting system for the Thunder Horse development in the deepwater Gulf of America/Gulf of Mexico, extending the operator’s use of standardized subsea processing technology across multiple offshore projects. The engineering, procurement and construction (EPC) contract follows recent subsea boosting awards for bp’s Kaskida and Tiber developments.

Calling all Wildcatters: The structure of American oil power: Rock, policy, and the future of conventional supply

May 28, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The difference between Saudi Arabia, Iran, and the United States ultimately resolves into a simple question: how much oil is there, how much can be produced, and how certain is that production? The only way to answer that question rigorously is with numbers. The United States still possesses a vast hydrocarbon

India’s ONGC net profit slips 18% as oil prices drop

November 11, 2025

(Oil Price)– Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, booked a 17.8% decline in its net profit for the July-September quarter compared to a year earlier as lower oil prices dented crude realizations. ONGC reported $1.11 billion (98.5 billion Indian rupees) in standalone net profit for the second

bp advances plans for major Bumerangue discovery in Brazil’s Santos basin

October 30, 2025

(World Oil)– bp is progressing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos Basin offshore Brazil, following confirmation of a large, liquids-rich reservoir. Laboratory and pressure gradient analysis have verified the presence of a ~1,000-meter gross hydrocarbon column, including a ~100-meter oil column and a ~900-meter liquids-rich gas-condensate column. According to bp, the reservoir’s high-quality rock properties

DeepOcean secures Equinor SIMOPRO contract for Åsgard and Visund fields

September 30, 2025

(World Oil)– DeepOcean has been awarded an offshore installation contract by Equinor covering simultaneous marine operations and production (SIMOPRO) on the Norwegian Continental Shelf. The work scope spans two major projects: at the Åsgard field in the Norwegian Sea, DeepOcean will handle riser removal, installation of a new production riser, dynamic umbilical connections from the Berling subsea assets, two static

hydrocarbon

bp awards SLB OneSubsea subsea boosting contract for Thunder Horse

Calling all Wildcatters: The structure of American oil power: Rock, policy, and the future of conventional supply

India’s ONGC net profit slips 18% as oil prices drop

bp advances plans for major Bumerangue discovery in Brazil’s Santos basin

DeepOcean secures Equinor SIMOPRO contract for Åsgard and Visund fields

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