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...
S&P Global Platts Announces Formal Proposal on Additional Crudes for Dated Brent BenchmarkDec 4, 2016S&P Global Platts, independent provider of information and benchmark prices for the commodities and energy markets, is inviting feedback on its proposal for...
BP Approves Mad Dog Phase 2 Project in the Deepwater Gulf of MexicoDec 2, 2016BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment.
Energean Secures Exploitation License for West Katakolon Offshore BlockDec 1, 2016The Greek Ministry of Energy and Energean Oil & Gas have agreed the conversion of the exploration license for the proven West Katakolon offshore field...
Oil Discovery in the Southern Barents Sea Neiden ProspectNov 23, 2016Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the Neiden exploration well 7220/6-2R as an oil and gas discovery.
Petrobras Oil and Natural Gas Production in OctoberNov 14, 2016Petrobras has announced that its total oil and natural gas production in October was 2.81 million barrels of oil equivalent per day (boed)...
Start-Up of Production from Viper and KobraNov 11, 2016Aker BP has announced the start-up of production from Viper-Kobra, which is tied back to the Alvheim FPSO. The project is developed on time and within budget.
New Seismic Data Obtained Using FloatSeis™ TechnologyNov 10, 2016Late October 2016, GWL explored the Barents Sea’s Norwegian shelf segment employing its new FloatSeis™ marine seismic technology.
ExxonMobil Announces Significant Oil Discovery Offshore NigeriaOct 28, 2016Exxon Mobil Corporation has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.
Oil and Gas Discovery at the Njord North Flank Exploration Well and Side-TrackOct 18, 2016Faroe Petroleum has announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea (Faroe 7.5%).
BP Not to Proceed with Great Australian Bight ExplorationOct 11, 2016BP has decided not to progress its exploration drilling programme in the Great Australian Bight (GAB), offshore South Australia.
Interpretation of 3D Seismic at South DisouqOct 10, 2016SDX Energy Inc., the Egypt focused oil and gas company, has updated the initial findings from interpretation of the 300 km
2 of 3D seismic data...
BP and Partners Sign Concession Amendments and Reach Record Production at NoorosSep 29, 2016BP has announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, concession amendments for the...
16 November Release – World Energy Outlook 2016Sep 20, 2016The World Energy Outlook 2016 (WEO-2016), to be released on 16 November, enables you to provide your own, informed answers...
Statfjord Passes Historic 5 Billion BarrelsSep 20, 2016On Monday 19 September minister of petroleum and energy Tord Lien together with Statoil, Centrica and ExxonMobil celebrated the 5 billion barrels of oil equivalent delivered by Statfjord since first oil in 1979.
McKinsey Energy Insights Predicts Oil Market Oversupply into 2017Sep 19, 2016McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight and support to the global energy industry, forecasts that it will take more than six months for the oil markets to fully rebalance.
Shell Starts Production at Stones in the Gulf of MexicoSep 8, 2016Shell has announced that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce...
Fram C East Starts Production to the Troll C PlatformAug 25, 2016A simple, smart concept and increased drilling efficiency have shaved some NOK 200 million off the capital expenditures of this already resilient development project after the investment decision, reports Statoil.
Europa Provides Technical Update on LO 16/22, Offshore IrelandAug 23, 2016Europa Oil & Gas (Holdings) plc has provided detailed technical information on the recently awarded Licensing Option (LO) 16/22.
Njord North Flank-2 Exploration Well Commences Drilling in the Norwegian SeaAug 16, 2016Faroe Petroleum has announced the commencement of the Njord North Flank-2 (NF-2) exploration well 6407/7-9 S (Faroe 7.5%).
Total Starts Up Production at Incahuasi Gas FieldAug 3, 2016Total has put on stream the Incahuasi gas and condensate field, the Group’s first operated development in Bolivia, with a production capacity of...
Extension of 100%-Owned FEL 2/13 and 3/13 Offshore Ireland LicencesAug 2, 2016Europa Oil & Gas (Holdings) plc has announced it has received notification from the Department of Communications, Climate Action and Environment (DCCAE) that...
Statoil Acquires Operated Interest in Brazilian Offshore LicenseJul 29, 2016Statoil ASA and Petróleo Brasileiro S.A. - Petrobras have agreed that Statoil will acquire Petrobras’ 66% operated interest of the BM-S-8 offshore license in Brazil’s highly prolific Santos basin. The acquisition includes a substantial part of the Carcará oil discovery...
Shell Announces Fort Sumter Discovery in Gulf of MexicoJul 29, 2016Shell has announced a new exploration discovery in the deep water US Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than...
