BP announced Tuesday it will move forward with its $1.3 billion Atlantis Phase 3 development after recent breakthroughs in advanced seismic imaging and reservoir characterization revealed an additional 400 million barrels of oil in place at the Gulf of Mexico’s third largest oil field…
Brazilian state-run oil firm Petróleo Brasileiro S.A. announced there was an oil spill on January 2 from its chartered floating production storage and offloading unit (FPSO) Cidade de Rio de Janeiro, in the Espadarte field offshore Brazil.Petrobras said approximately 4…
Norway's Petroleum Safety Authority has given consent to Norwegian based Wellesley Petroleum to drill exploration well 25/1-13 in the North Sea.Wellesley is the operator for production licence 871 in the North Sea.Well 25/1-13, named Balcom…
ExxonMobil said Monday it has begun drilling the first of two planned wildcat wells offshore Guyana in January.The Stena Carron drillship is drilling the Haimara-1 exploration well, which is located 31 kilometers east of the Pluma-1 discovery in the southeast Stabroek Block…
India will start auctioning for 14 oil and gas blocks in its second exploration licensing round on Monday, giving freedom to the companies to carve out areas they want to drill.The blocks together hold undiscovered reserves of about 14,995 million tonnes of oil equivalent…
Newcomer Vår Energi AS revealed Thursday that an appraisal well has uncovered more resources in the Goliat field off Norway.Vår Energi, together with license partner Equinor, drilled the 7122/7-7 S Goliat West appraisal well in PL 229 in the Barents Sea…
The Eni operated Rowallan exploration well 22/19c-G in the Central North Sea has been spudded by the heavy duty jack-up rig Ensco 121.The news was announced Monday by Eni's project partner Serica Energy, who holds a 15 percent stake in the well…
Nigeria-focused listed oil and gas development and production company Sirius Petroleum has put off for the third time the planned spud of a second gas well in the Ororo oil field located in the prolific Niger Delta to an indefinite date after a contracted jack-up rig became unavailable…
Total SA said on Wednesday it had started production from the Egina oilfield off Nigeria's coast, part of a shift by the French energy firm towards deepwater oil and gas projects to its drive cashflow.Output from Egina, which is located in waters about 1…
Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470 million.Equinor announced in October that it would divest from the King Lear…
Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…
French oil major Total has started drilling the Brulpadda-1AX re-entry well on Block 11B/12B offshore South Africa.The news was announced Thursday by Canadian oil and gas company Africa Energy Corp., who holds a 4.9 percent percent effective interest in Block 11B/12B…
Private U.K. oil and gas exploration and appraisal company Corallian Energy reported that drilling of the Wick exploration well (11/24b-4) commenced on Tuesday offshore the U.K.Corallian is exploration operator for Licence P2235 with 40 percent interest…
Australia's largest independent oil and gas company Woodside said it has awarded a contract to Bechtel (Western Australia) Pty Ltd to undertake front-end engineering design (FEED) for its proposed brownfield expansion of existing Pluto liquefied natural gas (LNG) facilities…
BP announced Monday that a newly retrofitted vessel has been launched to be used for acid stimulation activities in 17 selected wells in its operated Azer-Chirag-Gunashli (ACG) offshore field, marking a first-of-its-kind project for the region…