OKEA’s five new licenses strengthen its position around the Draugen production hub in the Norwegian Sea.
More companies comment on Norway license awards
Two more companies have issued details of their license offers under Norway’s 2019 Awards in Predefined Areas round, announced by the Ministry of Petroleum and Energy earlier this week.
Jan 17th, 2020
Artist's impression of the Bay du Nord FPSO.
Global E&P
Jan 16th, 2020
OneSubsea and alliance partner Subsea 7 will engineer and install a subsea multi-phase compression system for the deepwater Ormen Lange gas field.
Momentum grows for power from shore
Jan 16th, 2020
Shell Offshore Inc. has contracted Sembcorp Marine Rigs & Floaters Pte. Ltd. to build and integrate the topsides and hull of a floating production unit (FPU) for the Whale field in the Gulf of Mexico. The agreement precedes a final investment decision for the full Whale project, which is expected to be made this year by Shell. It paves the way for the Whale FPU to move ahead and take advantage of synergies from Shell’s Vito FPU, currently under construction at Sembcorp Marine’s Tuas Boulevard Yard. The Whale FPU comprises a topsides module and a four-column semisubmersible floating hull, with a combined weight of 25,000 metric tons. Slated for completion in 2022, it will operate in the Alaminos Canyon block 772.
BSEE/BOEM report outlines strategy to revive shallow water
Jan 16th, 2020
Shallow plays in the Thali block offshore Cameroon.
Tower granted more time for offshore Cameroon well preparations
Jan 15th, 2020
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Location of OPL 310 offshore Nigeria.
Lekoil offshore Nigeria loan exposed as potential scam
Jan 14th, 2020
Walton Morant licence offshore Jamaica and location of the Colibri prospect in the Walton basin.
Offshore Jamaica partners given more time for drilling decision
Jan 14th, 2020
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Norway offers licenses to 28 oil companies
Jan 14th, 2020
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Exploration holding steady offshore Norway
Jan 10th, 2020
The Culzean gas condensate field in the UK central North Sea began production in June 2019.
North Sea short-term outlook strong, consultant claims
Jan 9th, 2020
The Barossa field development plan call for subsea wells tied back to an FPSO for gas processing and condensate export, with a 260-km (161-mi) pipeline transporting the gas to the existing Bayu-Undan pipeline for onward delivery to Darwin LNG.
Environmental issues to shape future offshore Asia/Pacific projects
Jan 9th, 2020
Location of SC 56 in the Sulu Sea offshore the Philippines.
Jadestone wins offshore Philippines license breach claim
Jan 9th, 2020
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Eni-led group withdrawing from offshore Australia permit
Eni and its partners have agreed to relinquish their interests in the WA-34-R Retention Lease offshore northwest Australia.
Jan 6th, 2020
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ExxonMobil secures blocks offshore Egypt
Egypt’s government has awarded ExxonMobil two offshore exploration blocks.
Dec 30th, 2019
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Offshore FIDs increase for the second straight year
New report estimates that around $100 billion in offshore projects were sanctioned in 2019.
Dec 26th, 2019
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Petrobras, Total open to offers for deepwater Brazil blocks
Petrobras and Total plan to jointly farm-out part of their interests in the deepwater BM-P-2 concession in the Pelotas basin, offshore Rio Grande do Sul State.
Dec 23rd, 2019
Carte Surinam En
Total taking command of prospective offshore Suriname block
Dec 23rd, 2019
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OGA unveils UK offshore digital priorities
The Oil and Gas Authority has set forth its Digital Strategy for the UK’s oil and gas industry over the next five years.
Dec 23rd, 2019
Location of the Iron Flea prospect in Grand Isle block 45 in the Gulf of Mexico.
Contango, Juneau team up for GoM shelf exploration
Contango Oil & Gas Co. has entered into a joint development agreement with Juneau Oil & Gas, LLC for certain exploration prospects on the Gulf of Mexico shelf.
Dec 20th, 2019
Map of the Great South and Canterbury basins showing the location of PEP50119 and the Tawhaki prospect relative to the Beach-operated PEP38264 permit and the Wherry and Gondola prospects.
Beach farming into frontier permit offshore New Zealand
Beach Energy Ltd. has reached agreement with OMV GSB Ltd. to acquire a 30% participating interest in exploration permit PEP50119 in the Great South basin offshore New Zealand.
Dec 19th, 2019
Blocks 3/24c and 3/29c in the UK northern North Sea contain the North Eigg and South Eigg prospects.
Serica eyes HP/HT well on North Sea Bruce tieback prospect
Britain’s Oil and Gas Authority has awarded Serica Energy an ‘Out of Round’ award covering license P2501 (blocks 3/24c and 3/29c) in the UK northern North Sea.
Dec 18th, 2019
The Dussafu permit offshore Gabon.
Tullow backing into Dussafu permit offshore Gabon
Tullow Oil Gabon has exercised a longstanding 10% back-in right to the Dussafu production-sharing contract offshore Gabon.
Dec 18th, 2019
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OGA reviewing latest UK offshore license bids
Britain’s Oil and Gas Authority (OGA) received 104 applications in response to the UK’s 32nd Offshore Licensing Round, which closed on Nov. 12.
Dec 17th, 2019
The `Balder Future’ project will involve drilling 13 new production wells and one new water injector on the Balder field.
Norway’s government to review North Sea Balder Future proposals
Vår Energi wants to extend production from the Balder and Ringhorne area in the North Sea to 2045.
Dec 17th, 2019
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W&T Offshore acquires producing property in the Gulf of Mexico
W&T Offshore has acquired a 75% working interest in and operatorship of the Magnolia field in the central region of the deepwater Gulf of Mexico.
Dec 16th, 2019
The Deepwater Gunashli complex in the Caspian Sea.
Petrofac, SOCAR to service BP Caspian Sea fields
BP has contracted a Petrofac/SOCAR joint venture to support its offshore and onshore activities in the Caspian Sea area.
Dec 16th, 2019