Brazil's state-run oil producer Petroleo Brasileiro SA said on Monday it had halted production at its P-25 platform in the Albacora offshore field, after detecting a leak in a pipeline.The leak was detected on Monday around dawn and had spilled 941 liters…
Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.Schlumberger said last…
Eni has signed an exploration and production sharing agreement with the emirate of Ras Al Khaimah, the Italian oil company's latest expansion in the Middle East.The agreement covers Block A offshore Ras Al Khaimah, one of the seven United Arab Emirates (UAE)…
Talos Energy said it has completed a successful Zama appraisal well and production test in Block 7, located in the offshore portion of Mexico's Sureste Basin.Talos is the operator of the bock, and its partners are Sierra Oil & Gas, a company of DEA Deutsche Erdoel AG…
UK based oil and gas company Hurricane Energy announced on Wednesday it has spudded its first well at Warwick Deep, west of Shetland.The 205/26b-C well was spudded on Tuesday evening using the Transocean Leader drilling rig, the company said…
Equinor said it has added seven offshore exploration blocks to its portfolio, after presenting winning bids in the first open bid round for Argentinean offshore acreage in more than 20 years.The licensing round offered a total of 38 blocks,…
Equinor's Aasta Hansteen gas field in the Norwegian Sea, which was shut on April 8 due to a gas leak, is expected to restart production on Wednesday, gas system operator Gassco said on Tuesday.'The expectation is that they will restart production tomorrow…
Santos announced Tuesday it has confirmed significant gas resource in the Corvus-2 appraisal in the Carnarvon Basin, offshore Western Australia.Corvus-2 is located in 63 meters water depth, approximately 90 kilometers northwest of Dampier in Commonwealth waters within petroleum permit WA-45-R…
Norwegian services company SubseaPartner said it has secured a contract from Vår Energi, to provide dive support at its operated Goliat field in the Barents Sea.The engineering and installation project work scope incorporates a 24 hours air diving operation on the Goliat floating production…
Mediterranean focused Energean Oil and Gas announced Monday it has made a 'significant gas discovery' at the Karish North exploration well, offshore Israel.Preliminary analysis indicates initial gas in place estimates of between 1 Tcf (28 Bcm) and 1…
Norway's offshore safety watchdog has give Lundin consent to drill a pair of exploration wells in the North Sea, the Petroleum Safety Authority said on Thursday.The two wells 16/5-8 S and 16/5-8 A are in production licence 815, where Lundin is operator with 60% interest…
Royal Dutch Shell announced it will sell its stake in the deepwater Caesar Tonga field in the US Gulf of Mexico for $965 million in cash to a subsidiary of Israel's energy conglomerate Delek Group.Company unit Shell Offshore will sell its 22…
Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.The national…
French-based geophysical services company CGG said it has completed acquisition of 9,800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin.Fast-track data sets will be delivered in batches from the end of April…
The operator of the Mariner heavy oil field, one of Britain's largest offshore developments in years, postponed its start-up to summer 2019 on Wednesday for safety checks on the platform's electrical couplings.Originally due to come on stream…
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