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OE Daily: 2017 / May

Wednesday, 31 May 2017 11:05

Chevron to make T&T exit

Chevron is selling all of its shares in Trinidad and Tobago to Shell’s BG International Ltd. in a US$250 million deal. Image from Chevron Facebook.…
Wednesday, 31 May 2017 07:57

JV to build US$5.2 billion Saudi yard

Saudi Aramco and partners have proposed to build the US$5.2 billion King Salman International Complex for Maritime Industries & Services, a maritime complex in Saudi…
Ensco is set to acquire Atwood Oceanics in an all-stock transaction worth some US$839 million, creating a company with the largest jackup fleet in the…
Tuesday, 30 May 2017 07:27

Husky firms up West White Rose

Husky Energy has firmed up plans for its West White Rose Project offshore Newfoundland and Labrador with first oil set for 2022, while announcing a…
Friday, 26 May 2017 11:08

IOG sets Blythe, Vulcan FDP plans

Independent Oil and Gas (IOG) says it has a busy 12 months ahead, as the company prepares to submit the Blythe and Vulcan final development…
Friday, 26 May 2017 09:21

BP gets Ironbark extension

BP is getting an extension from Cue Energy Resources that will allow the UK supermajor more time to consider acquiring 42.5% stake in the permit…
Wednesday, 24 May 2017 10:24

Aje drilling plans deferred off Nigeria

Yinka Folawiyo Petroleum Co. (YFP) and its partner have decided to put drilling plans for the Aje field offshore Nigeria on hold. Map of Aje,…
Wednesday, 24 May 2017 02:38

Ineos acquires DONG's E&P business

DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for…
Tuesday, 23 May 2017 14:25

Trump to repeal Gulf state payments

President Trump wants to take away the Gulf of Mexico Energy Security Act (GOMESA) payments from four coastal states in the Department of Interior’s (DOI)…
Monday, 22 May 2017 10:24

Statoil starts at Blåmann in Barents

Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced…
Monday, 22 May 2017 03:26

Eni starts OCTP production early

Eni has started first production from its Offshore Cape Three Points (OCTP) project, offshore Ghana. The project, which comprises the Sankofa Main, Sankofa East and…
Monday, 22 May 2017 02:32

BP's Glen Lyon comes onstream

BP has launched a "return to growth" for its North Sea business after marking first oil from the Quad 204 project, west of Shetland on…
Thursday, 18 May 2017 14:44

Cook Inlet lease sale set for June

The Bureau of Ocean Energy Management (BOEM) says it will offer about 1.09 million acres in the Cook Inlet, offshore Alaska’s south central coast in…
Thursday, 18 May 2017 09:00

Cairn finds further Senegal success

Cairn Energy’s latest SNE well offshore Senegal, SNE-6, has proved to be successful, with the confirmation of good connectivity with the SNE-5 well. Map of…
Thursday, 18 May 2017 08:35

China successfully mines gas hydrates

China has successfully mined flammable ice, or natural gas hydrates, at the Shenhu area of the South China Sea. Image from iStock The mining of…
Thursday, 18 May 2017 07:59

Petrobras flows at Lula Sul

Petróleo Brasileiro (Petrobras) started production from the Lula Sul field offshore Brazil with the P-66 floating production and storage offloading (FPSO) unit. Image from Petrobras…
Wednesday, 17 May 2017 09:00

Ophir sanctions Bualuang phase IV

Ophir Energy has reached a final investment decision (FID) for the fourth phase of its Bualuang oil field in the Gulf of Thailand, with first…
Monday, 15 May 2017 10:45

Premier's Catcher on track

Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image…
Friday, 12 May 2017 08:35

Repsol's Stordal comes up dry

Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in…
Friday, 12 May 2017 07:59

Total inks deepwater Mauritania deal

Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total…
Danish drilling rig operator Maersk Drilling has said it doesn't expect to see significant improvements in offshore rig demand until oil prices stabilize above US$60/bbl,…
Thursday, 11 May 2017 13:05

Neptune to buy Engie's EPI stake

Neptune Energy signed a firm US$5.1 billion (€4.7 billion) offer with Engie for its 70% stake of Exploration & Production International (EPI). Image from Engie.…
The US Department of the Interior (DOI) is moving forward with its evaluations from six companies to conduct geological and geophysical (G&G) activities in the…
Wednesday, 10 May 2017 11:39

BP online at West Nile Delta

BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of…
Wednesday, 10 May 2017 10:28

PSA: Several Scarabeo 5 breaches found

Norway’s Petroleum Safety Authority’s (PSA) investigation into Saipem’s Scarabeo 5 semisubmersible fire in the Njord field revealed several regulatory breaches that occurred in November 2016.…
First oil is flowing from Repsol Sinopec Resources UK's Shaw field, part of the firm's Montrose Area Redevelopment (MAR) in the Central North Sea. Shaw…
Monday, 08 May 2017 15:00

Cobalt looks for North Platte partner

Cobalt International Energy has opened a data room for its deepwater US Gulf of Mexico North Platte field as it announced the latest appraisal well…
Dallas-based Kosmos Energy and BP have made a new, major gas discovery offshore Senegal, which could support a second LNG hub in the basin, according…
A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared…