For Western-based service companies whose products or personnel were at work in the waters off the Russia, projects that were already complex by virtue of the location became substantially more so with the recent Western sanctions against the Russian Federation…
BG Group hit first gas from the program’s first well at the Starfish field, offshore Trinidad and Tobago. Image of Starfish. From BG Group. Located in the East Coast Marine Area (ECMA) of Trinidad…
Australia's WHL Energy has identified new leads offshore after assessing the Junon 3D seismic dataset acquired within its offshore Seychelles project area. WHL Energy received an interim PreSTM data set for the Junon 3D seismic survey…
New Zealand has awarded 15 new exploration permits, on- and offshore, through its 2014 Block Offer, containing some AU$110 million committed exploration spending, Energy and Resources Minister Simon Bridges announced today (9 December). Of the 15 permits offered…
Centrica Resources Norge’s wildcat well 6707/10-3S is being permanently plugged and abandoned after making a minor gas discovery in the Norwegian Sea, according to the Norwegian Petroleum Dictorate (NPD). Map of PL 528 B…
Kosmos Energy and partner Europa Oil & Gas are eyeing exploration drilling on new prospects offshore Ireland following new 3D seismic data on frontier exploration licenses (FEL) 2/13 and 3/13 licenses in the South Porcupine Basin. Kosmos Energy acquired the new 3D seismic in 2013…
Centrica Resources Norge has made a small gas discovery about 20km from Statoil's Aasta Hansteen development in the Norwegian North Sea, says the Norwegian Petroleum Directorate (NPD). The 6707/10-3 S well, in production license 528 B…
Petróleos Mexicanos (Pemex) and India’s Reliance Industries (RIL) signed a memorandum of understanding (MOU), in which both companies will explore business opportunities in exploration, production, refining and industrial processing in Mexico…
Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…
The Ministry of Energy and Energy Affairs (MEEA) for the Republic of Trinidad and Tobago signed contracts yesterday, awarding two deepwater blocks to the BHP Billiton - BG International consortium. L-R: TT Energy Minister Kevin Ramnarine…
For the UK Oil & Gas industry, today’s Autumn Statement by British Chancellor of the Exchequer George Osborne, offered the first cut in tax rates for the UK North Sea in 21 years. “There is record investment this year in the North Sea…
Masirah Oil commissioned a new 3D seismic survey of Block 50 offshore Oman to be conducted by Dolphin Geophysical. The Artemis Arctic. From Dolphin Geophysical. Block 50 is located on the southeast coast of the Sultanate of Oman…
Petrobras encountered hydrocarbons in the Orca-1 exploration well in the Tayrona block offshore Colombia, according to partner Ecopetrol S.A. The drill reached a depth of 4243m. Image from Ecopetrol…
Rocksource said it encountered a thick well-developed basin floor fan sand with a gas-accumulation at the top in the Kvitnos target in the PL 528 Ivory exploration well in the Norwegian Sea. In the deeper Lysing target, the well penetrated a poorer than expected water-bearing sand…
Ahead of the autumn statement by British Chancellor of the Exchequer George Osborne on Wednesday, 3 December 2014, Ignacio Fernandez provides an economic analysis of fiscal terms for the UK Continental Shelf (UKCS). UKCS exploratory drilling…
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