Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
Petroleum Geo-Services (PGS) has highlighted the exploraton prospectivity of northern Kara Sea, after completing research and 2D seismic in the region. PGS says, according to its research, the area, known as the Kara Plate, is a “highly promising proliferous region”…
Shell has hit an oil-bearing zone at its Yucatan North-1 exploration well in the US Gulf of Mexico, Shell's partner Inpex confirmed. The oil-bearing zone, located within Walker Ridge 95/96/139/140 blocks, contains approximately 36m net pay…
Salamander Energy plc encountered oil at its G4/50-5 exploration well in the Surin prospect in the central portion of the Western sub-basin, Block G4/50, in the Gulf of Thailand, the company announced on 6 August 2013. Oil was discovered…
Maersk Oil launched the web-only video game Quest for Oil early this summer with the aim of making the oil and gas industry more accessible. OE discusses the strategy behind the game with CEO Jakob Thomasen. Maersk Oil launched the video game…
Eni has made an oil and gas discovery on the Nene Marine exploration prospect, in the Marine XII Block offshore Congo about 17km offshore. Eni says two wells were drilled on Nene Marine and estimates it contains about 600 million bbls of oil and 700 billion cu ft of gas in place…
US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
PTTEP Australasia achieved first oil from the Montara field in the Timor Sea off Western Australia. The Montara Venture FPSO started production at the H2 well in early June. The company expects to ramp production to 21,000bo/d with first off-take of oil from the FPSO occurring by August…
North Caspian Operating Company (NCOC) began work to start production of Kashagan field in the Caspian Sea. The first phase will see production from eight wells on an artificial island complex. Wells, pipelines, and the Bolashak Onshore Processing facility have been completed…
Statoil announced a light, high-quality oil discovery at its Harpoon prospect (EL 1112) in the Flemish Pass basin, off Newfoundland, Canada. The semisubmersible West Aquarius drilled the well in about 1100m of water. Harpoon is located 500km northeast of St…
Modiin Energy LP has updated resource estimates for the Yam Hadera field off Israel. The best estimate of gross recoverable, prospective resources at Yam Hadera is 208MMbo (revised upwards from 133 MMbo) and 3.4 Tcf of natural gas (revised upwards from 1…
All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…
About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…
A consortium of three companies has said it has made a successful bid for an exploration concession on the Patraikos bock, offshore western Greece. Hellenic Petroleum (operator), Petroceltic International and Edison International, will each hold a one third working interest in the concession…
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