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OE Daily: 2014 / December

Monday, 05 January 2015 11:16

Nene Marine starts up in record time

Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months following the exploration discovery.…
Monday, 05 January 2015 08:28

First oil on Eldfisk II achieved

First oil production has started from ConocoPhillips Eldfisk II project in the Norwegian North Sea. The Eldfisk II project includes plans to drill 40 new…
Monday, 05 January 2015 02:47

First Croatian blocks awarded

Five companies have been awarded licenses covering 10 exploration blocks in the Adriatic Sea in Croatia's first licensing round. The round had offered 29 blocks…
Sunday, 04 January 2015 04:46

Valemon comes on stream

The Statoil-operated, NOK 22.6 billion Valemon high-pressure, high-temperature, gas and condensate development in the Norwegian sector of the North Sea started first production yesterday (3…
Friday, 02 January 2015 07:51

Egypt repays $350 million to BG Group

The Egyptian government has repaid a further US$350 million in outstanding debt to oil and gas firm BG Group.  BG Group, one of a number…
Wednesday, 31 December 2014 08:44

Keppel converting second Golar FLNG

Golar LNG awarded Keppel Shipyard a US$705 million contract for the conversion of a second Moss liquefied natural gas (LNG) carrier, the GIMI, into a…
Tuesday, 30 December 2014 05:14

BP starts up Kinnoull

Production from the Kinnoull field in the North Sea has started, operator BP said this morning. The Kinnoull field, BP's seventh and final major project…
Tuesday, 30 December 2014 03:54

Gazprom buys out South Stream partners

Gazprom has agreed to buyout its South Stream Transport partners Eni, Wintershall and EDF just weeks after the project, which was already in construction phase,…
Tuesday, 30 December 2014 02:50

3 FPSOs for Iara pre-salt area

Petrobras is expected to propose a multi-FPSO development for the deepwater, pre-salt Santos Basin Iara area after submitting a declaration of commerciality to authorities. The…
Monday, 29 December 2014 12:17

Sedco Express arrives at Oyo field

Transocean's Sedco Express semisubmersible drilling rig arrived at the Oyo field in oil mining lease (OML) 120 to begin operations for CAMAC Energy, offshore Nigeria. The…
Monday, 29 December 2014 02:22

Brynhild finally on stream

First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream,…
Wednesday, 24 December 2014 08:51

Golar in Cameroon FLNG HOA

A heads of agreement (HOA) was signed between Golar LNG, Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon to develop a floating liquefied natural gas…
Tuesday, 23 December 2014 18:48

Cooper Energy’s Tunisia exit delayed

Australian explorer Cooper Energy said while it still intends to divest its Tunisian portfolio, the exit may take longer than expected.  Cooper Energy originally announced…
Tuesday, 23 December 2014 15:10

Israel debating on Leviathan

The Israel Anti-trust Authority advised Noble Energy and its Leviathan field partners of its decision to not submit the Consent Decree to the Anti-trust Tribunal…
Tuesday, 23 December 2014 13:37

New BPZ Corvina well online

BPZ Energy completed the Corvina CX15-14D development well offshore Peru. Block Z-1 map. From BPZ.    The CX15-14D well is located in Block Z-1 and…
Monday, 22 December 2014 14:16

EXMAR orders second FLNG unit

EXMAR is ordering its second floating liquefied natural gas (FLNG) unit from China’s Wison Offshore & Marine. Wison's yard. From Wison.   Wison will be…
Monday, 22 December 2014 02:42

Aberdeen to host oil jobs summit

Aberdeen City Council has called for a summit, bringing together governments, trade unions and industry bodies, to see if there are way to save jobs…
Friday, 19 December 2014 14:28

PSA denies BP Valhall QP request

BP’s request to extend the operating life of the Valhall field quarters platform (QP), has been denied by the Petroleum Safety Authority Norway (PSA) stating…
Friday, 19 December 2014 02:34

Statoil adds to Krafla reserves

Norwegian exploration firm Statoil has made a 6-9MMboe discovery on the Krafla North prospect in production license (PL) 035 in the North Sea, according to…
Thursday, 18 December 2014 17:55

Hopper named new BOEM director

Abigail Ross Hopper has been appointed Director of the US Bureau of Ocean Energy Management (BOEM), effective 5 January, the US Department of the Interior…
Thursday, 18 December 2014 13:26

Maria jumps in resources

Germany’s Wintershall increased the recoverable resources for its Norwegian Sea Maria field by 40MMboe. The Maria field. From Wintershall.   The field is now expected…
Thursday, 18 December 2014 12:32

Eni enters Portuguese deep offshore

Eni and Galp Energia’s subsidiary Petrogal finalized a farm in agreement for Eni to acquire operatorship and 70% stake in three permits off Portugal. Map…
Det norske oljeselskap ASA (Det norske) received consent from the Petroleum Safety Authority (PSA) of Norway for exploration drilling on the three appraisal wells in…
Thursday, 18 December 2014 04:31

Chevron cancels Beaufort plans

Chevron has said it is canceling plans to drill for oil in the Beaufort Sea in Canada's Arctic because of economic uncertainty in the industry…
Thursday, 18 December 2014 02:53

Under-sea CCS funding offered

The UK Government's Department for Energy and Climate Change has launched £2.5 million funding to encourage development of CO2 storage in the North Sea. The…
Wednesday, 17 December 2014 14:27

ExxonMobil gets two Cote d'Ivoire blocks

ExxonMobil signed a production sharing agreement (PSA) with the Cote d'Ivoire governmentfor two ultra deepwater blocks in the Gulf of Guinea. The PSA is for…
Wednesday, 17 December 2014 10:41

FMC gets US$268 million Agbami contract

Chevron’s subsidiary Star Deep Water Petroleum awarded FMC Technologies a US$268 million contract to provide subsea equipment for operations for the Agbami field’s Phase 3,…
Wednesday, 17 December 2014 10:04

Wood Group PSN cuts contractor rates

Wood Group PSN (WGPSN) has said it is cutting the rates paid to its UK-based limited company offshore and onshore contract workers in response to…
Wednesday, 17 December 2014 04:01

Freeport targets 1.4-3bn Morocco prize

Freeport-McMoRan Oil & Gas and partner Pura Vida Energy are planning to drill an up to US$136 million well offshore Morocco targeting "well over" 1.4-3…
Wednesday, 17 December 2014 03:07

SBM able to weather oil price plummet

SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its…
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