Search News

Latest News

8 January 2020

Talos Energy Annouces Completion Of Independent Resource Evaluation Of Zama Discovery

Talos Energy Inc. announced the finalization of the third-party contingent resource evaluation of the Company's globally recognized Zama discovery commissioned from Netherland, Sewell & Associates, Inc. ("Netherland Sewell" or "NSAI"). Talos is the operator of Zama, located offshore Mexico, and holds a 35% working interest in Block 7 in a…

8 January 2020

Commencement Of The Supply Of Natural Gas From The Leviathan Reservoir

Delek Group refers to the regulatory filing of its subsidiary Delek Drilling (60% owned) regarding the commencement of the supply of natural gas from the Leviathan reservoir:Further to Section 7.4.5 of the Partnership’s periodic report as of December 31, 2018, which was released on March 24, 2019 (Ref. no.: 2019-01-023982),…

8 January 2020

SDX Energy Plc : Reserves Upgraded At South Disquq by 35% to Gross 89 BCFE From Gross 66 BCFE

SDX Energy Plc (AIM: SDX), the MENA-focused oil and gas company, is pleased to announce that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaffney, Cline & Associates (GCA) has reported that gross proved plus probable…

8 January 2020

Apache Corporation And Total S.A Announce Signficant Oil Discovery Offshore Suriname

Apache Corporation and Total S.A. today announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58. The well was drilled using the drillship Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest.Maka Central-1 successfully…

8 January 2020

Foundation installation successfully completed at Belgium’s largest offshore wind farm

DEME has successfully completed the installation of 58 monopile foundations and two offshore substation foundations at the SeaMade offshore wind farm in the Belgian North Sea. The last monopile foundation landed on the seabed on January 2. With a 487 MW capacity SeaMade is the largest offshore wind farm in…

8 January 2020

Commencement of Commercial Operations of "Formosa 1" Offshore Wind Power Project in Miaoli County, Taiwan

"Formosa 1," an offshore wind power project in Miaoli County, Taiwan in which JERA Co., Inc. participates, started commercial operation on 27 December 2019.Phase 1 (8MW) of the Formosa 1 project began operation in April 2017, and construction of Phase 2, a large-scale offshore wind power plant of 120MW, has…

8 January 2020

Heads of Terms with Navitas Petroleum to farm-in to the Sea Lion project

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that Rockhopper and Premier Oil Exploration and Production Limited (“Premier”) have signed a detailed Heads of Terms with Navitas Petroleum LP (“Navitas”) to farm in…

7 January 2020

Sembcorp Marine bags two offshore platform projects valued over S$550 million

Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Sea.Sembcorp Marine will team up with customer North Oil Company (NOC) to fabricate two…

7 January 2020

Drilling permit for well 30/6-31 S in production licence 053

The Norweigan Petorleum Directorate has given Equinor EnERGY AS a drilling perrmit for well 30/6-31 s.More

7 January 2020

ExxonMobil Discovers Oil Offshore Guyana at Mako-1 Well

ExxonMobil (NYSE:XOM) has said it has made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.Mako-1…

7 January 2020

i3 Energy plc Corporate and Funding Update

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. 2020 planning and farm-out process underway Following i3's 2019 drilling campaign at Serenity and Liberator, the Company is now preparing for a mid-2020 appraisal programme to delineate…

7 January 2020

CGG Exits From Seabed Data Acquisition Business

CGG announced that it is completing its exit from the seabed data acquisition business and has terminated the Seabed Geosolutions’ joint venture agreement effective December 31, 2019.In line with its strategy to exit the data acquisition business, CGG has agreed to transfer its 40% shareholding in Seabed Geosolutions to Fugro…

7 January 2020

Tap Oil WA-34-R Joint Surrender

Tap Oil Limited (ASX:TAP) (Tap or the Company) advises that its 100% owned subsidiary, Tap Bonaparte Pty Ltd, and joint venture partners in the WA-34-R Joint Venture have agreed to jointly surrender their interests in WA-34-R.More

7 January 2020

Aker BP – consent for exploration drilling in the North Sea

Petroleum Safety Authority Norway has given Aker BP consent for exploration drilling in block 25/2 in the North Sea. Well 25/2-22 S belongs to production licence 442, for which Aker BP is the operator.More

7 January 2020

Neptune Energy Norge AS – Consent for exploration drilling in the Norwegian Sea

Petroleum Safety Authority Norway have given Neptune Energy Norge AS (Neptune) consent for exploration drilling in block 6507/8 in the Norweigan Sea. The well has the prospect name of Grind.More

7 January 2020

Shearwater GeoServices awarded Gambia 3D seismic project by FAR

Shearwater GeoServices Holding AS (“Shearwater”) has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (“FAR”).The one-month survey will cover parts of block A5 offshore Gambia in the rapidly emerging and prolific Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (“MSGBC”) Basin. It will be acquired by the SW Amundsen…

7 January 2020

Premier Oil : Proposed UK North Sea Acquisitions, Underwritten Financing and Extension of Credit Facilities

Premier Oil has announced the proposed acquisitions of the Andrew Area and Shearwater assets from BP for US$625 million, and an additional 25 per cent. interest in the Premier operated Tolmount Area from Dana for US$191 million plus contingent payments of up to US$55 million (together the “Acquisitions”). Premier has…

7 January 2020

Norwegian prime minister opening the Johan Sverdrup field

Norway's prime minister Erna Solberg will perform the official opening of the Johan Sverdrup field centre.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan Sverdrup…

23 December 2019

Tekmar Energy to supply CPS for Windpark Fryslân

Tekmar Energy Limited, a Tekmar Group Company, is pleased to announce that international marine contractor Van Oord has selected the patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for Windpark Fryslân.Windpark Fryslân is a 382MW near-shore windfarm comprising 89 wind turbines. It is located six kilometers off the Frisian…

23 December 2019

TAQA submits 30 year decommissioning plan for Eider Topsides

TAQA has submitted decommissioning plans for the Elder topsides. It is planned to remove the topsides which weigh 11,600 tonnes between 2023 and 2026 and return them to shore before potentially using them for reuse, recycling or disposal. Production stopped last year on the platform, currently the platform is helping…

23 December 2019

Asia Pacific upstream - 5 themes to watch in 2020

Project SanctionsWith the Asia Pacific region expecting a major increase in project sanctions with Australia set to lead the way. With a US$29.5 increase in development expenditure and a 3.4 billion expected increase barrels of oil equivalent (boe) of resource expected to be sanctioned compared to 2019.Exploration2019 was a record…

23 December 2019

Equinor exercises more work for Deepsea Atlantic

Equinor has excerisde three new wells for Deepsea Atlantic. In addition, two further wells are pending final approval by Equinor and its licensees.More

23 December 2019

SDRL – Seadrill Limited Announces Contract Award for the West Phoenix

Seadrill Limited (“Seadrill”) has secured a multiple well contract with Vår Energy AS for the West Phoenix for work on the Balder re-development project in Norway. Total contract value for the firm portion of the contract is expected to be approximately $302 million with commencement expected at the end of…

23 December 2019

Total Enters Suriname With 50% Operated Stake in Exploration Block 58

Total has signed an agreement with Apache Corporation to acquire a 50% working interest and operatorship in the highly prospective Block 58 offshore Suriname, further expanding Total’s footprint in the prolific Guyana-Suriname basin. Block 58 is located on trend with the prolific discoveries in the adjacent Stabroek block in Guyana.…

23 December 2019

ExxonMobil begins oil production in Guyana

ExxonMobil today announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.Production from the first phase of the Liza field, located in the…

20 December 2019

Helix Robotics Solutions awarded Neart na Gaoithe (NnG) offshore wind farm project work

Helix Robotics Solutions Limited has been awarded three scopes of work for the Neart na Gaoithe (NnG) offshore wind farm project by EDF Renewables.Gary Aylmer, Helix Robotics Solutions Vice President – Europe and West Africa, stated “This is a significant award for Helix as it represents an expansion to our…

20 December 2019

Royal IHC Signs Contract To Support The Delivery of 2000T J-lay System

Royal IHC has signed a contract with Shanghai Zhenhua Heavy Industries Co (ZPMC) to support the installation and commissioning of the J-Lay system on ZPMC’s multipurpose vessel JSD6000 in Changxing, China. The industry-leading J-Lay system was delivered by IHC in April 2019 after one of the most complex mobilisation operations…

20 December 2019

Commencement of Commercial Production of Oil from Layang Field of Block SK10 offshore Sarawak, Malaysia

Mr. Hiroshi Hosoi, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that its subsidiary JX Nippon Oil & Gas Exploration (Malaysia) Limited, the Operator of Block SK10 offshore Sarawak, Malaysia together with PETRONAS Carigali Sdn Bhd, commenced commercial oil production from Layang Field…

20 December 2019

TGS Announces new Multibeam and Seafloor Sampling Project in Nigeria

TGS, along with its joint venture partner PetroData, is pleased to announce Nigeria’s first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study.The study will cover an area of approximately 80,000 square kilometers of the offshore Niger Delta and will incorporate around 150 cores from the seabed,whose location is based on…

20 December 2019

OGA - Enabling a digital future: five-year plan set out in new Digital Strategy

The Oil and Gas Authority (OGA) has set out its commitment to digital services for the UK’s oil and gas industry. According to its Digital Strategy, published today, 19 December 2019, over the next five years the OGA will:- Continue to build and embed a culture of digital excellence across…

20 December 2019

Drilling permit for well 7219/9-3 in production licence 532

Norwegian Petroleum Director has given Equinor a drilling permit for well 7219/9-3. Of which Equinor has a 50% stake of ownership interest with Vår Energi AS with 30 per cent and Petoro AS with 20 per cent.More

20 December 2019

Subsea 7 awarded contract offshore US Gulf of Mexico

Subsea 7 today announced the award of a sizeable contract by Chevron U.S.A Inc. for the subsea installation services at the St. Malo field, located in the Walker Ridge area of the Gulf of Mexico. The St. Malo field is approximately 250 miles south of New Orleans.Subsea 7’s scope of…

20 December 2019

Increasing recovery from the Balder field

On Tuesday 17 December, Vår Energi submitted an amended Plan for Development and Operation (PDO) for the Balder field and the associated Ringhorne deposit in the North Sea. The development will contribute to increase recovery from Balder.More

19 December 2019

MHI Vestas Installs First V164-9.5 MW Turbine at Northwester 2

The first turbine has been installed at Northwester 2 in Belgium, the world’s first offshore wind park to feature the record-breaking V164-9.5 MW turbine.The 219 MW project, Northwester 2, is the first offshore wind park in the world to deploy the V164-9.5 MW turbine from MHI Vestas. The project will…

19 December 2019

Sif provides Monopiles and Transition Pieces for Saint- Nazaire Offshore Wind Farm Project

Eiffage Métal SAS awarded Sif Holding n.v. the order for the delivery of 80 monopiles and the primary steel for 80 transition pieces (77 KTon steel) for the 480 MW Saint- Nazaire offshore wind farm in France. Sif’s scope comprises manufacturing of the monopiles, storage at our MV2 facility and…

19 December 2019

TGS Completes New Multibeam and Coring Program in the Campos and Santos Basins

TGS announced today the completion of a new multibeam and coring program covering over 213,0000 square kilometers in the Campos and Santos basins of offshore Brazil. This study, known as a SeepHunter campaign, includes the results of 342 conventional cores and 29 jumbo piston cores and heat probes. Additionally, advanced…

19 December 2019

Independent Oil and Gas plc : Harvey and Redwell Update

Independent Oil and Gas plc ("IOG" or the "Company"), the development and production company focused on becoming a substantial UK gas producer, provides an update on management's analysis of the results of the Harvey appraisal well 48/24b-6 in the UK Southern North Sea.Highlights:- Post-well mapping indicates northern part of pre-well…

19 December 2019

Boskalis Awarded Two Offshore Projects With A Combined vALUE OF Eur 85 Million

Royal Boskalis Westminster N.V. (Boskalis) has been awarded two offshore contracts with a combined value of approximately EUR 85 million. For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine foundations and in Denmark a four-kilometer-long gas pipeline will be installed in the…

19 December 2019

Serica Energy plc New UKCS Licence Award

Serica Energy plc (AIM: SQZ) is pleased to announce that its wholly owned subsidiary, Serica Energy (UK) Limited, has received an Out of Round award of a 100% interest in the UK petroleum licence P2501, blocks 3/24c and 3/29c. These are located in the area adjacent to the Serica operated…

19 December 2019

ODL - Aker BP exercises the first 12 month option for Deepsea Nordkapp

Aker BP has today exercised the first 12 month option for Deepsea Nordkapp under the Contract entered into between the parties in April 2018. The first 12 month option shall commence after expiry of the two year firm period in May 2021.More

19 December 2019

Drilling permit for well 6506/5-1 S in production licence 1008.

Drilling permit for well 6506/5-1 S in production licence 1008.The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 6506/5-1 S, cf. Section 15 of the Resource Management Regulations.Aker BP has 60% of the ownership with Wellesley Petroleum AS has the other 40%.More

18 December 2019

Equinor Receives Second Of Four Approvals For Exploartion In The Great Australian Bight

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted Equinor's plans for exploratory petroleum drilling in the Great Australian Bight, which represents the second approval of four needed before the full activity can begin.More

18 December 2019

Shearwater GeoServices awarded hybrid node-streamer seismic survey in Malaysia

Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of hybrid node and towed streamer seismic survey by Repsol Oil & Gas Malaysia Limited. The survey is scheduled for Q1 2020 and is expected to take 2 months to complete.The project covers approximately 1,000 sq. km of ocean…

18 December 2019

C-Innovation Selects M-Pipe for Flexi-Coil Intervention

Magma Global today announces it has been selected by C-Innovation to supply m-pipe® thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico. The 4-inch diameter 10ksi m-pipes are expected to be deployed in the next few months.C-Innovation is planning to perform a remediation of suspected blockage or…

18 December 2019

Vår Energi AS and license partner Mime Petroleum AS plan to extend the Balder and Ringhorne production lifetime to 2045

The Balder Future project – revised plan for Development and Operations for Balder and Ringhorne, was submitted to the Norwegian Ministry of Petroleum and Energy.The Balder Future project involves drilling thirteen new production wells and one new water injection well on the Balder field the North Sea. The aim is…

18 December 2019

ArcWind project: Saitec Offshore seeks to boost floating wind energy in Atlantic Region.

Saitec Offshore Technologies is involved in an international project called ArcWind (Adaptation and Implementation of Floating Wind Energy Conversion Technology for the Atlantic Region), supported with EU funds from Interreg Atlantic Area program, to drive the floating wind energy forward to become a major contributor of green energy in the…

18 December 2019

Contract called off for Maersk Resolute

Maersk Drilling has received notification that Perenco is cancelling the previously announced three-well contract for the jack-up rig Maersk Resolute in the UK North Sea.Contract called off for Maersk ResoluteAccording to Perenco, the cancellation is due to the fact that the scope of Maersk Resolute’s previous contract was extended beyond…

18 December 2019

Maersk Drilling awarded three-well contract offshore Trinidad by BP

Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago. The contract has an estimated duration of 322 days and is expected to commence in July 2020. The value of the firm contract is…

18 December 2019

James Fisher nets contract at East Anglia ONE.

James Fisher Marine Services (JFMS) has been awarded a contract to provide scheduled maintenance services at East Anglia ONE, located approximately 31 Nm southeast of the Port of Lowestoft, where it will help ensure performance at one of the leading offshore wind farms of the future.Back in 2015/16 ScottishPower Renewables…

17 December 2019

32nd Offshore Licensing Round generates considerable interest

The United Kingdom’s latest offshore licensing round has attracted 104 applications covering 245 blocks or part-blocks across the main producing areas of the UK Continental Shelf (UKCS). Applications were received from 71 companies ranging from multinationals to new country entrants.More