Petronas' bid to farm in to a Celtic Sea block offshore south east Ireland has been approaved by the Irish Government - the firm is now firming-up drilling plans. Through its 100%-owned subsidiary Kinsale Energy, the Malaysian firm will…
Atlantic margin focussed exploration firm Chariot Oil & Gas has, with partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), started a 2D seismic acquisition survey over about 1700km in the Central Blocks 2312 & 2412A offshore Namibia. SeaBird Exploration will carry out the survey…
BP and Maersk Training singed a five-year contract that will offer advanced training programs for BP’s offshore drilling teams to be based in Houston, Texas. Maersk Training facility at Svendborg. From Maersk Training…
Tullow Ghana awarded DeepOcean Ghana a contract to provide the services of a multi purpose construction vessel (MPV) offshore Ghana. DeepOcean will provide the inspection, survey and subsea construction on the Tullow operated deepwater Jubilee and TEN fields…
Houston-based oil, gas and water specialist ProSep has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12-month project, which started in December 2014…
Aker Solutions has delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the US Gulf of Mexico. The Subsea Containment Assembly…
Norway's Petroleum Safety Authority has launched an investigation into a hydrocarbon leak on Statoil's high-pressure, high-temperature Gudrun field in the Norwegian sector of the North Sea which happened yesterday (18 February). Production…
Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol. In an overwhelming vote of more than 99%…
Lime Petroleum Norway is to acquire an additional 20% in production licenses (PL) 591, 591B and 591C in the Norwegian Sea from Tullow Oil, increasing its holding in each to 25%. The licenses are operated by Tullow and an exploration well…
Mexican officials, including the executive director of the Agencia de Seguridad Energia y Ambiente (ASEA), recently outlined Mexico’s reform efforts and highlighted issues on which the country is working including Transboundary field development…
Heriot-Watt University in Edinburgh, Scotland, is setting up a new center for energy economics research and policy with funding of US$1.9 million over three years from BP. The center will be involved primarily in providing the detailed…
Teekay Offshore provides a look at their newest first floating accommodation vessel, the Arendal Spirit, during its sea trials. Teekay took delivery of the vessel from Cosco's Nantong yard just this week. The Arendal Spirit is…
Mexican state oil company, Petróleos Mexicanos (PEMEX) is being forced to decrease its budget by US$4 billion, representing an 11.5% decrease from last year, in order to maintain financial balance due to falling oil prices. Image of Lozoya…
Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis on the oil and gas industry in Africa released by PwC today (17 February)…
Ikon Science is launching Ji-Fi (joint impedance and facies inversion), a process that delivers a most accurate and detailed 3D model of complex reservoirs comprising different seismic facies, including shale, brine-filled sand, oil-bearing sand and gas-bearing sand…
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