Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Houston-based Marathon Oil Corp. has achieved first gas production from its new Alba B3 offshore compression platform, offshore Equatorial Guinea, which will help more than double the company’s remaining proved developed reserve base in the West Africa area…
Quadrant Energy has commenced drilling of the Roc-2 well, offshore Western Australia, said partner Carnarvon Petroleum. The main aims of the Roc-2 well are to appraise the Roc gas-condensate discovery in the Caley section. The information…
Italian offshore contractor Saipem has won an engineering, procurement, construction and installation (EPCI) contract on the supergiant Zohr gas field off Egypt. The contract, won of a number won jointly worth more than US$1.6 billion Euros…
Aminex has increased gas production from the Kiliwani North-1 well, offshore Tanzania. The well, drilled on the Kwiliwani North field from Songo Songo Island island, was brought on stream in April. It reached 30 MMcf/d boe at the weekend…
Unlocking Senegal and Mauritania’s major finds will be a huge hurdle, with a lack of infrastructure in both countries. But, it’s also an opportunity for supply chain companies, says the EIC’s Chad Barnes. A worker onboard the Ocean Rig Athena…
Intertek has signed a three-year extension for the provision of quality assurance services into the operational phase of Inpex's Ichthys liquefied natural gas (LNG) project, offshore Australia. Intertek will continue to provide local and global inspection…
Finder Exploration has added a new exploration permit to the portfolio – AC/P 61. The permit, which Finder has 100% interest, is located in the Vulcan Sub-basin, western Bonaparte Basin in the Timor Sea, approximately 250km offshore and 650km…
SapuraKencana Energy Sarawak (SKE), a wholly-owned subsidiary of SapuraKencana Petroleum Berhad (SKPB) has signed the SK310 Upstream Gas Sales Agreement (UGSA) in relation to the production of gas from the B15 Gas Field between Petronas as…
The British public has spoken - as have the oil, money and stock markets. With a narrow margin, the leave campaign in the UK's referendum to stay in or leave the EU won by 52% to 48%, ending the UK's 43-long membership in the EU. Shares on the FTSE 250 index dropped 11…
Wood Group Mustang has been chosen by the Leviathan partners to provide the front-end engineering and design (FEED) work for the Leviathan project’s production platform in a US$120 million deal. Image from Wood Group Mustang Twitter…
UK-based Independent Oil and Gas (IOG) has completed its acquisition of the 50% of the Blythe discovery it didn't already own, doubling its reserves. IOG has gained 100% of the discovery by acquiring 50% in a license covering Blocks 48/22b and 48/23a in the Southern North Sea…
Oil major BP is planning to reach first gas from its 1.5 Tcf and 31 MMbbl condensate deep water Atoll field offshore Egypt in 1H 2018. The firm has sanctioned a Phase One development project targeting up to 300 MMcf/d, with backing from the Egyptian Natural Gas Holding Company (EGAS)…
TransCanada's joint venture with Sempra Energy subsidiary IEnova was awarded a contract to build, own and operate the US$2.1 billion Sur de Texas-Tuxpan natural gas pipeline that will begin offshore Mexico near Brownsville, Texas, and end in Tuxpan…