Aker BP has made a small gas find in the the North Sea, the Norwegian Petroleum Directorate announced this week. The Norwegian oil and gas company drilled a wildcat and appraisal well in production licence 869, about 6 kilometers southwest of the Bøyla field…
Oil and gas explorer Kosmos Energy expects to have agreed by the end of this year to sell down its stake in projects off the coast of Mauritania and Senegal in which it partners with BP, Kosmos said on Monday.In December, BP and its partners…
Libya's National Oil Corporation (NOC) and Italy's ENI said on Thursday they had completed the second phase of a project at the Bahr Essalam offshore gas field to increase production.The field is a joint venture between the two companies operated by NOC subsidiary Mellitah Oil and Gas Company…
Israel-focused Greek oil and gas group Energean was awarded four new Israeli offshore licenses in the so-called Exclusive Economic Zone, the company said on Wednesday.'Energean has identified a prospect within Zone D analogous to the prolific Tamar Sand fields (Karish…
McDermott International and Baker Hughes, a GE company (BHGE), announced on Tuesday that the companies have been awarded contracts to provide a joint subsea umbilicals, risers and flowlines (SURF) and subsea production systems (SPS) solution…
A gas module is being installed on the Equinor-operated Troll C platform to accelerate production from the Fram license in the northern part of the North Sea offshore Norway.The Fram field includes a number of reservoirs and is developed with…
Australia passed a legislation that sets down maritime boundaries with East Timor on Monday, providing a framework for the two countries to split revenue from the offshore Greater Sunrise natural gas field.Both sides signed the historic treaty…
Discoveries of natural gas reserves in the Mediterranean Sea around Egypt, Cyprus, Israel and Greece are shaking up Europe’s energy politics. Traditionally, Russia has been Europe’s main supplier of gas, giving it significant influence over Europe…
Brazilian state-run oil firm Petroleo Brasileiro SA posted a modest production boost in the second quarter, but failed to live up to market expectations, sending shares down over 2% in morning trade.In an early Friday securities filing, Petrobras…
Indonesia's energy ministry offered four new oil and gas blocks including Cendrawasih VIII block off Papua shore which is estimated to have 3.8 trillion cubic feet of gas and 1 billion barrels of oil resources, deputy energy minister Arcandra Tahar told reporters on Friday…
Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…
Eni's Ken Bau 1X exploration well in block 114 of the Song Hong Basin offshore Vietnam has proven the presence of gas and condensate in the Ken Bau prospect, the Italian supermajor announced on Wednesday.The exploration well was drilled at 95 meters water depth and reached a total depth of 3…
UK-focused Independent Oil and Gas (IOG) said it plans to spud an appraisal well in the Harvey prospect during the first week of August.The Maersk Resilient is currently due to finish its prior operations over the coming week and start re-locating to Harvey…
After two and a half years of work, the M40 module for the Wintershall DEA operated Dvalin project offshore Norway is now ready for delivery and sail away, makred by a July 18 ceremony outside the North Sea Hall at Aibel’s yard in Haugesund…
The former head of Tanzania's state company oil is being reinstated by Tanzanian President John Magufuli, after the executive was suspended in 2016 over claims of abuse of office, the presidency said.James Mataragio, who was the managing director…
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