Global LNG and Clean Energy Leaders to Outline Transition Agenda at Nor-ShippingApr 10, 2017Nor-Shipping 2017 will play a key role in setting the agenda for the shipping industry’s transition from oil to clean energy, with a unique gathering of global executives and thought leaders on 31 May.
BP Makes Third Gas Discovery in North Damietta ConcessionMar 28, 2017BP has announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt.
CGG Completes Processing of Carabao Regional Multi-Client StudyMar 17, 2017CGG has announced that the final geoscience data for its Carabao multi-client study, acquired offshore the Philippines, are now ready for delivery.
Boné Exploration Well ResultsMar 16, 2017Faroe Petroleum has announced that drilling has reached target depth on the7183/12-2 Boné exploration well in the Barents Sea (Faroe 20%).
Petrobras February Oil and Natural Gas ProductionMar 15, 2017Petrobras’ oil and natural gas production in February totaled 2.82 million barrels of oil equivalent per day (boed), with 2.703 million boed produced in Brazil and 113,000 boed abroad.
Chevron Starts Production at Mafumeira Sul Offshore AngolaMar 9, 2017Chevron Corporation has announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from...
Lundin Petroleum Spuds Appraisal Wells on Edvard Grieg and GohtaMar 6, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced appraisal drilling on the Edvard Grieg field and the Gohta discovery.
TGS and Schlumberger Announce New Multi- and Wide-Azimuth Multiclient Reimaging Program in Central US GoMFeb 24, 2017TGS-NOPEC Geophysical Company (TGS) and Schlumberger have announced a new multi- and wide-azimuth (M-WAZ) multi-client reimaging program in the highly prospective Central US Gulf of Mexico.
Shell Launches LNG OutlookFeb 21, 2017Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year.
Naphtha Faces Competition, IHS Markit SaysFeb 20, 2017Growing competition from less costly natural gas liquid (NGL) feedstocks – much of them coming from North American shale gas – have dealt a blow to global demand for naphtha...
Exploration Portfolio ExpansionFeb 8, 2017MOL Group has expanded its exploration portfolio by acquiring new licenses in Hungary and Norway.
Gas Discovery Near North Sea Valemon FieldFeb 3, 2017Two years after Valemon came on stream Statoil reports making a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million barrels of oil equivalent.
More Efficient Oil and Gas Sector Set To Widen Business Portfolio to Secure Long-Term Sustainable GrowthJan 26, 2017New research by DNV GL, the technical advisor to the oil and gas industry, shows oil and gas companies seeking to rebalance business portfolios and reorganising for a new era.
Dresser-Rand Business Commissions its First Micro-Scale LNG Production SolutionJan 19, 2017The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first micro-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility...
Four New Norwegian Exploration Licences Awarded to FaroeJan 19, 2017Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA...
New Statoil Discovery Near NorneJan 18, 2017Statoil reports that 1 year after the licence award an oil and gas discovery has been made close to Norne estimated at between 20 and 80 million barrels.
DEA Awarded Two New Licences in NorwayJan 18, 2017Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator.
Wintershall Awarded Five Licences in the APA 2016 Licensing RoundJan 18, 2017Wintershall is continuing its growth on the Norwegian Continental Shelf. In the Awards for Predefined Areas (APA) 2016 licensing round...
Lundin Norway Awarded Four Licences in Norwegian Licensing RoundJan 18, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegian Licensing Round...
29 New APA Production Licences for StatoilJan 18, 2017In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS)...
APA 2016 – Considerable Interest in Further Exploration of the Norwegian Continental ShelfJan 18, 2017The Ministry of Petroleum and Energy has offered 29 oil-companies participation in 56 production licenses on the Norwegian Continental Shelf in the Award in Pre-Defined Areas 2016 (APA 2016) licensing round.
Lloyds Energy Files LNG Export ApplicationJan 17, 2017Lloyds Energy Group LLC has announced that it has submitted a formal application with the US Department of Energy (DOE) to export Liquefied Natural Gas (LNG) to countries which have...
Boné (Dazzler) Exploration Well Commences and Brasse Appraisal Well Added to 2017 Drilling ProgrammeJan 12, 2017Faroe Petroleum has announced the commencement of the Boné exploration well 7318/12-1 (Faroe 20%) and the decision to drill an appraisal well on the Brasse discovery in the 2017 drilling programme.
LoI and MoU for Possible Use of Natural Gas at Hydro Alunorte in BrazilJan 12, 2017Norwegian-based aluminium company Hydro has signed a Letter of Intent (LoI) with the state of Pará and also a Memorandum of Understanding (MoU) with Shell Brasil Petróleo LTDA...