Energean to Develop Karish and Tanin with FPSOJan 12, 2017Energean Oil & Gas has outlined initial details for the development of the Karish and Tanin Natural Gas Fields.
Total’s Offshore Cyprus Block 11 Could Rival Egypt’s Zohr Natural Gas DiscoveryJan 12, 2017Driven by the success of Eni’s major Zohr Field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit...
Total to Acquire an Additional Interest in the Uganda Lake Albert ProjectJan 11, 2017Total and Tullow have entered into a package agreement under which Total will acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert oil project.
1 Billion Barrels Produced at ValhallJan 5, 2017Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982.
Fagioli and RINA Services Ensure Smooth Installation of Colossal Hebron Platform TopsidesJan 5, 2017The Hebron oil field is located offshore Newfoundland and Labrador, Canada in the Jeanne d’Arc Basin. The field has undergone significant development...
Statoil Completes Acquisition of Byrding InterestJan 3, 2017On 30 December 2016 Statoil and Wintershall Norge completed their previously announced transaction, whereby Statoil has acquired Wintershall’s 25% interest in...
Statoil to Drill Exploration Well in the Norwegian SeaJan 2, 2017The Petroleum Safety Authority (PSA) Norway has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea.
Engineering the Future of the Tyra Field Starts January 2017Dec 30, 2016Maersk Oil has issued a notification to the Danish gas market, announcing that an economically viable solution for full recovery of the remaining resources in the Tyra field has not yet been identified...
Production Starts at the Ivar Aasen FieldDec 29, 2016With the production start of the Ivar Aasen field, Wintershall is once again strengthening its position as one of the major producers on the Norwegian Continental Shelf.
SOCAR and BP-Operated AIOC Sign Principles of Agreement on Future DevelopmentDec 27, 2016SOCAR (the State Oil Company of the Republic of Azerbaijan) and AIOC (the Azerbaijan International Operating Company) have signed a letter of intent (LoI) for the future development of...
DEA Strengthens its Position in the Njord AreaDec 24, 2016DEA has strengthened its position in Norway by acquiring participating interest in seven licences in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from Engie E&P Norge AS.
30 Years of Gullfaks OilDec 23, 2016Gullfaks was Statoil’s first field where the company was both developer and operator. Since production started on 22 December 1986, 2.6 billion barrels of oil have passed the loading buoys.
Acquisition of Stake in Dussafu FieldDec 23, 2016BW Offshore has in partnership with the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon.
Agreement for the Development of DvalinDec 22, 2016Edison has confirmed its interest in the Dvalin (Zidane) concession in the Norwegian Sea, and will contribute to the investment needed for its future development...
ExxonMobil Awards Key Contracts for Liza Oil Development and Production in GuyanaDec 21, 2016ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel...
Rumaila Oilfield Achieves 3 Billion Barrel Production LandmarkDec 21, 2016The Rumaila Operating Organisation (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, has announced that...
One Billion Barrels from Troll BDec 21, 2016Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.
BP Awarded 10% Interest in Abu Dhabi’s ADCO Onshore ConcessionDec 19, 2016BP has signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest...
Shell Starts Oil Production from Malikai Deep-Water Platform in MalaysiaDec 14, 2016Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah.
Delivering Greater Value from the Culzean ProjectDec 14, 2016Maersk Oil CEO has announced that the capital costs of its marquee Culzean HPHT gas project have been reduced by USD 500 million as a result of higher drilling efficiency and robust upfront design and project planning.
Production Drilling Started on MarinerDec 4, 2016Statoil reports that production drilling has started on the Statoil operated Mariner field in the UK North Sea. Up to five wells will be drilled before the Mariner A platform hook up...
Oda Field Development Plan SubmissionDec 1, 2016Faroe Petroleum has announced that the partners in the Oda (previously named Butch) field (licence PL 405) have submitted the plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy.
BP Buys 10% Interest in Egypt’s Super-Giant Zohr Gas FieldNov 28, 2016BP has announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for USD 375 million.
Fire on Scarabeo 5 ExtinguishedNov 23, 2016Statoil reports that on Tuesday 22 November at 17:30 the drilling rig
Scarabeo 5 reported a fire in one engine room. Around 20:30 the fire was reported put out.
