ExxonMobil Exploration & Production Malaysia Inc. (EMEPMI) announced the startup of the Tapis enhanced oil recovery (EOR) project, off the coast of Terengganu, Malaysia, in the South China Sea. Operations began with water-alternating…
Consulting petroleum geologist Colin Stabler spoke to a full house at the Houston Geological Society's General Dinner on 15 September 2014, presenting 'Mexico's Challenge to Explorationists.' Stabler has worked Mexican subsurface geology since 1966…
An announcement on the second Greek offshore licensing round is expected this month. The Greek Ministry of Environment, Energy and Climate Change announced the round would be launched upon publication of the Notice of the Call for Tenders in the Official Journal of the European Union…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
Denmark is the European Union’s (EU) only net exporter of oil. The Nordic state’s oil exports totalled approximately 13.7MMboe in 2013. This is in stark contrast to the EU’s only other significant oil producer, the UK, which became a…
Fractured basement reservoir explorer Hurricane Energy says post-well data analysis of its 1km horizontal appraisal well 205/21a-6 well test in Q2 this year has shown better than expected results. The firm said the well, which tested…
The Centrica Energy-operated 43/13b-7 Pegasus West well in the Southern North Sea indicated the presence of gas, reported partner Atlantic Petroleum. Following the analysis of available data, the joint venture has decided to drill stem test the well…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
Statoil has received consent from the Petroleum Safety Authority to use the COSLInnovator mobile drilling facility for production drilling on the Troll field using the controlled mud level method. The consent covers the use of COSLInnovator for production drilling on 8½in…
Atlantic Petroleum says the Orlando field development in the UK North Sea continues to progress to end of 2016 field oil. The field, in Block 3/3b in the northern North Sea, is being developed as a subsea tie-back to the CNR International operated Ninian Central platform…
Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil. Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
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