Vaalco Energy has resumed production from the Etame Marin block after completing maintenance work on its leased floating, production, storage and offloading (FPSO) vessel. The vessel had the fire and gas detection systems upgraded along with other routine maintenance work…
Norway's oil industry has been warned by Anne Myhrvold, director-general of the country's Petroleum Safety Authority (PSA), against making cost cuts and savings at the expense of safety. “I’m convinced it’s possible to look after safety in a good way while also cutting costs…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
CNOOC Ltd. began production at its Wenchang 13-6 oilfield, offshore the Western South China Sea. The Wenchang 13-6 oilfield, located in the west of Pearl River Mouth basin has an average water depth of approximately 120m. The main…
The Cidade de Mangaratiba FPSO has begun its journey from the BrasFels shipyard in Angra dos Reis to the Iracema South area of Petrobras’ Lula field, offshore Rio de Janeiro. The FPSO will be connected to wells in the pre-salt layer of the Santos basin…
Mexico's Pemex has started a corporate restructure to become a more 'flexible and efficient,' it announced today. The announcement comes after Mexican president Enrique Pena Nieto approved the country's historic energy reform earlier this month…
Saudi Aramco Energy Ventures is investing US$30 million in Siluria Technologies, a pioneer commercial production of fuels and chemicals made from clean and abundant natural gas. Siluria announced the initial close of its Series D financing round with this news on 20 August…
Eni announced the start of production from the Denise-Karawan project (DEKA) with partner BP, through the new subsea well Denise South 6 at a gas rate of 1.8 MMcm/d and approximately 800bbl/d of associated condensates. The Denise South…
Statoil shut down production on the Troll C platform in the Norwegian sector of the North Sea on 17 August after an inspection program on the platform detected corrosion damage to a pipe connected to the oil export system. Troll C…
The Bureau of Ocean Energy Management (BOEM) opened the Gulf of Mexico Western Planning Area Lease Sale 238 in New Orleans on 20 August 2014, offering 21.6 million acres for oil and gas exploration and development offshore Texas. The sale attracted more than US$109…
Salamander Energy received the first oil in the tanks of the Suksan Salamander floating storage and offtake vessel (FSO) at the Bualuang field in the Gulf of Thailand. Greater Bualuang work. Image: Salamander…
Houston-based Apache encountered oil pay at the Phoenix South-1 well, in Canning basin, off the North West Shelf of Australia. Apache says that preliminary estimates show that there might be as much as 300MMbbl in place. The Phoenix…
Staatsolie, Suriname’s state-oil company, is offering three deepwater blocks through a competitive bid round. The blocks for bid include offshore blocks 58, 59 and 60, which lie east of Suriname in the Suriname-Guyana basin. The Suriname…
Mexico’s Ministry of Energy (SENER) granted Petróleos Mexicanos (Pemex) almost all of the acreage detailed in its Round Zero wish list, including rights to all requested domestic proven and probable reserves (2P). The government fast…
The American Petroleum Institute (API) released comments urging the Bureau of Ocean Energy Management (BOEM) to consider all Outer Continental Shelf areas for inclusion in the government’s offshore oil and natural gas leasing program for 2017 – 2022…