Australia's Santos has completed a deal to sell its 35% non-operated interest in the Kipper gas and condensate field, in the Gippsland Basin, offshore southern Australia, to Mitsui for AU$520 million. The Kipper field, operated by ExxonMobil…
Sweden's Lundin Petroleum has discovered 'significant gas shows' in the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan well was drilled with the West Prospero jackup rig to a total depth of approximately 1380m…
Trelleborg’s offshore operation has been awarded an order for thermal insulation and corrosion coating services for phase II of the BP Project, Shah Deniz, contracting directly to Azeri firm BOS Shelf. The contract is expected to begin in 2015 and run until approximately 2022…
National Ocean Industries Association (NOIA) president Randall Luthi, issued the following statement supporting the Atlantic Offshore Energy Caucus’s call for the Department of the Interior's retention of proposed Atlantic lease sale: “I…
China's CNOOC has laid claim to the the country's first ultra-deepwater gas discovery in the northwestern part of the South China Sea. The Lingshui 18-1-1 exploration was drilled in 1688m (5538ft) water depth and has been certified as a discovery by the Ministry of Land & Resources…
Italian oil major Eni has completed its first appraisal well on the giant Zohr gas discovery in the deep water Shorouk block offshore Egypt. The firm, which is now preparing for a well test, says the latest well on Zohr confirms the Zohr…
Partners on the massive Israeli Leviathan gas field have submitted a new plan for the field to the country's authorities which will decrease its cost by some US$1 billion, increase production capacity by 5 Bcm, and bring the project onstream in Q4 2019…
Statoil encountered a 20m gas column at its wildcat well 30/9-28 S, in the Statoil-operated production license 104, in the central North Sea, according to the Norwegian Petroleum Directorate (NPD). Map of wildcat well 30/9-28 S…
Total has started production at the offshore Vega Pleyade gas and condensate field, one of Argentina's largest offshore gas fields. Operated by Total, the project will have a production capacity of 10 MMcm/d (70,000 boe/d). The Vega…
Orca Exploration Group has successfully completed its offshore workover and drilling program, of the Songo Songo main field development, offshore Tanzania. The workover and drilling program at Songo Songo included workovers on three existing wells (SS-5…
The first development offshore Mozambique in the Rovuma basin has been given the thumbs by the country's government. Eni is planning a six-well subsea to 3.4 MTPA floating LNG development for the Coral discovery, in Area 4 in the Rovuma basin…
Italian explorer Eni hopes to start production from the giant Zohr gas field offshore Egypt by the end of 2017, after being approved to take over the development lease from Egypt's national Natural Gas Holding Company (EGAS). Zohr, described as Egypt's largest gas field to date…
Russia's Rosneft and Venezuela's national oil and gas company Petróleos de Venezuela (PDVSA), agreed to establish a 50-50 joint venture to develop the offshore natural gas fields Patao, Mejillones and potentially Rio Caribe in Venezuela. Rosneft will serve as project operator…
ExxonMobil added 1 billion boe of proved oil and gas reserves in 2015 for a total of 24.8 billion boe that was a result of new developments, and a significant discovery offshore Guyana. Image from ExxonMobil…
UK-based exploration minnow Cluff Natural Resources (CLNR) has entered into a further memorandum of understanding (MOU) with Halliburton. The move will see the pair to collaborate on the development of CLNR's southern UK North Sea gas…
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