Saudi Arabia said on Thursday it was suspending oil shipments through a strategic Red Sea lane after Yemen's Iran-aligned rebels attacked two tankers in the waterway, underscoring the risk of an escalation in tensions in the region.Brent crude futures rose 59 cents to $74…
Saipem's Scarabeo 9 semisubmersible is in the Black Sea, where it is drilling one well, the Maria-1 exploration well in the Zapadno-Chernomorskaya license area, plus one optional well, in deepwater (more than 2000m water depth). To get there…
SolstadFarstad has secured a contract with Cooper Energy to support drilling operations within the Bass Strait region of Australia. The contract consists of the Far Statesman and Far Senator towing the Ocean Monarch from the North West Shelf of Australia to the Bass Strait…
The Taiwan Strait could be on the verge of an offshore wind boom. Elaine Maslin reports on ambitious targets and challenges. Image from iStock. Taiwan has set itself an ambitious offshore energy target…
The National Offshore Petroleum Titles Authority (NOPTA) has received applications from Australian companies, Bass Strait Oil and Oil Basins, to surrender their joint interest in permit Vic/P41 in the offshore Gippsland Basin. Both parties…
InterMoor has completed its marine aspect of the Shell's Malikai tension leg platform (TLP) float off operation in Malaysia. The TLP was loaded onto the Dockwise heavy lift vessel White Marlin at Malaysia Marine and Heavy Engineering (MMHE) shipyard in Pasir Gudang…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton plans to have a capital expenditure of US$1.5 billion in 2016 for its offshore projects, and to remain focused on high-return infill drilling opportunities in the Gulf of Mexico and Western Australia…
Husky Energy has installed the jacket and wellhead platform for the Madura Strait BD gas-condensate field development, offshore Indonesia. Development drilling is expected to started soon, at the 55m water depth site, and the project remains on target for first production in 2017…
Hibiscus Petroleum's wholly-owned subsidiary Carnarvon Hibiscus (CHPL) has commenced drilling operations at its Sea Lion-1 exploration well, off the coast of the state of Victoria, in southeast Australia. Not to be confused with Premier Oil's Sea Lion project offshore the Falkland Islands…
Australia’s National Offshore Titles Authority (NOPTA) granted Bass Strait Oil Co. a 12-month suspension and extension for the work program and permit term or its 100% owned and operated VIC/P68 permit offshore Australia. Map of Vic/P68…
Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling of the Sea Lion-1 exploration well has been further delayed due to continuing…
Origin Energy’s BassGas production has exceeded 60 TJ/d following the Yolla-5 development well coming online offshore Australia, according to partner AWE Ltd. Image of BassGas. From Origin. The…
ExxonMobil subsidiary Esso Australia has successfully completed its Turrum field drilling program, drilling five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies. The AUD$335 million investment involved…
Marginal field-focused explorer Enegi Oil's joint venture with ABTechnology (ABTOG) has signed a collaboration agreement with global engineering and design consultancy Arup. Arup becomes the latest member of the Marginal Field Delivery…
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