SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…
BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend the production life of one of its biggest fields in the area, and recover an additional 65 MMboe. Thunder Horse…
Primeline Energy has begun arbitration proceedings against China National Offshore Oil Corp. (CNOOC) for continuing disputes over the development, production and sale of gas from the LS36-1 gas field in the East China Sea. Primeline, which has 49% stake in LS36-1 in Block 25/34…
The heads of Chinese oil firm CNPC and Mozambique's state oil firm ENH have signed a cooperation framework agreement over work in the oil and gas exploration and production market. CNPC is a partner in the Eni-operated Block 4, offshore…
Work on Israel’s giant deepwater Leviathan field could be back on track after a new agreement on the country’s oil and gas terms. Noble Energy, which operates the field, had put forward its revised Leviathan development plan earlier this year…
Inpex completed the offshore pre-lay of the 77km chain and cable mooring system for its Ichthys LNG project in the Browse Basin, located off the northern coast of Western Australia. As part of the mooring system, 49 chains were laid on…
Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d. Image from Eni. The milestone…
Australian explorer AWE has agreed to sell its 42.5% interest in the Bulu production sharing contract, offshore east Java, to a 100% owned subsidiary of HyOil for up to A$27.5 million (US$20.6 million), subject to Indonesian government approval and future development…
Oil & Gas UK has announced a new organisational structure, following a thorough business review. The revised business model is designed to make sure the leading trade association is in the best shape possible to promote and serve its…
UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…
The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…
Quadrant Energy has encountered natural gas at its Davis-1 near-field exploration well, off the coast of Western Australia, according to joint venture partner Santos. Davis-1 is located some 12km from the existing John Brookes platform…
Brazil’s Petróleo Brasileiro (Petrobras) recorded a total of 2.55 MMboe/d of oil and natural gas production in March, of which 2.36 MMboe were produced in Brazil and 183,000 boe/d abroad. Image of the P-31 FPSO…
Independent Oil and Gas (IOG) is planning to submit a field development plan for the southern North Sea Blythe field and nearby discoveries. The move is likely to involve a small unmanned platform, with pre-installed risers for future tie-back opportunities…
Beach Energy and Cooper Energy have accepted an offer from the National Offshore Petroleum Titles Administrator (NOPTA) to convert the Basker, Manta and Gummy gas field permits VIC/L26, 27, and 28 (BMG joint venture) in the offshore Gippsland Basin into retention leases…
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