Join OEdigital on Facebook Join OEdigital on LinkedIn Join OEdigital on Twitter
 

OE Daily: 2016 / November

Wednesday, 30 November 2016 09:57

Updated: OPEC to cut output by 1.2 MMb/d

The Organization of the Petroleum Exporting Countries (OPEC) has confirmed its decision to implement a new OPEC-14 production target of 32.5 MMb/d effective 1 January…
Wednesday, 30 November 2016 03:09

Centrica unveils Oda plan, first oil for 2019

Centrica is planning a US$637 million subsea tieback development of its 48 MMboe recoverable Oda field in the Norwegian North Sea. Oda, previously called Butch,…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified…
BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells…
Friday, 25 November 2016 11:09

BP buys into Eni's Zohr gas mega-find

BP has agreed to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field, for US$375 million.  As part…
Thursday, 24 November 2016 04:37

Maari shut-in after crack discovery

Production at OMV's Maari oil field offshore New Zealand has been shut in and the wellhead platform (WHP) down-manned after a crack was found in…
Thursday, 24 November 2016 04:14

Stena IceMAX inked for Druid/Drombeg

Providence Resources has inked a contract for a drilling rig to explore its southern Porcupine Basin license, containing the Druid and Drombeg prospects, starting June…
Wednesday, 23 November 2016 08:25

Exxon, COPL make Liberia comeback

After a long awaited return to Liberia, ExxonMobil started drilling at the deepwater Mesurado-1 exploration well earlier this week, according to partner Canadian Overseas Petroleum…
Wednesday, 23 November 2016 07:57

BGP starts Cuba 2D multi-client survey

BGP Marine started a 2D multiclient survey, offshore Cuba, after signing a contract with Cuba-Petroleo Co. (CUPET). Map from BGP. The project comprises 25,000 km…
Wednesday, 23 November 2016 03:04

Statoil closes Carcara, Brazil acquisition

Statoil and Petrobras have completed a deal seeing Statoil acquire Petrobras’ 66% operated interest in the BM-S-8 offshore license in Brazil’s Santos basin for US$2.5…
Tuesday, 22 November 2016 13:01

Updated: Fire aboard Scarabeo 5 out

Statoil reported a fire on the Scarabeo 5 drilling rig in the Njord field in the Norwegian Sea. Image of the Scarabeo 5, from Saipem.…
Tuesday, 22 November 2016 05:39

Oil firms' green credentials ranked

Mirror mirror on the wall, who’s the greenest of them all? Well, it’s not Suncor, ExxonMobil or Chevron, according CDP (the Carbon Disclosure Project). The…
Tuesday, 22 November 2016 03:51

Barents Sea exploration success for Lundin

Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the…
Petrobras received nearly US$61 million ($204 million BRL) on Friday (18 November) in recovered funds stemming from the Lava Jato corruption scandal, with Petrobras President…
Australia’s Karoon Gas is in the middle of an injunction order by the Brazilian court regarding its deal with Petróleo Brasileiro (Petrobras) for the acquisition…
Monday, 21 November 2016 03:13

Scolty/Crathes online, Kraken on its way

UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion…
Saturday, 19 November 2016 12:57

Colombian exploration to heat up in 2017

After forming its own offshore-focused offshoot this January, Colombian state oil company Ecopetrol noted in its Q3 conference call that it intends to stabilize its…
Friday, 18 November 2016 13:53

Obama leaves Arctic off the table

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) released the final plan for the Outer Continental Shelf (OCS) lease…
Friday, 18 November 2016 13:09

Amberjack GoM debottleneck complete

The Amberjack debottlenecking project in the deepwater Gulf of Mexico (GoM) has been completed, expanding its infrastructure and increasing Green Canyon Block platform (GC-19) off-take…
Friday, 18 November 2016 05:04

Wisting contains 1 billion barrels

OMV's Norway VP said the Wisting discovery in the Norwegian Barents Sea could contain more than 1 billion boe in place. Image of Eni's Goliat FPSO…
Friday, 18 November 2016 04:24

Eni board greenlights Coral LNG - Mozambique

Eni is a step closer to moving ahead with its 16 Tcf deepwater Coral discovery development offshore Mozambique following investment approval from its board of…
Thursday, 17 November 2016 15:51

Exxon's Liza confirmed as commercial

ExxonMobil is fast-tracking its Stabroek Block project where its giant Liza discovery lies, as the supermajor officially gave notice of the area’s commercial oil find…
Thursday, 17 November 2016 12:50

Noble lays out job cuts, four-year plan

Noble Energy's long-term plans has cut 60 jobs from its workforce, with 55 of them in Houston, and lays out plans for its offshore assets…
Thursday, 17 November 2016 08:09

World's first FLNG project starts off Malaysia

Malaysia’s Petronas has achieved first gas from its first floating liquefied natural gas (FLNG) facility, PFLNG SATU earlier this week (14 November) from the Kanowit…
Wednesday, 16 November 2016 14:27

HHI to do the splits

South Korea's Hyundai Heavy Industries (HHI) is following through with part of its improvement plan that will see the company split into four. Image from…
Wednesday, 16 November 2016 10:09

IEA: Bumpy road ahead

Oil markets could be in for another bumpy ride, a new report from the International Energy Agency (IEA) says. The agency’s report also says that…
Wednesday, 16 November 2016 02:59

Israel launches offshore bid round

Israel's Minister of Energy has opened the country's first offshore bid round covering 24 areas in the Levant Basin, with some located close to existing…
Monday, 14 November 2016 09:05

Petrobras completes first Libra well

Petrobras completed the first well in the Santos Basin’s Libra pre-salt field last week, with the anticipation of starting production next year, connected to the Pioneiro de…
Statoil has confirmed to the Oil and Gas Authority that it will drill a well on the Verbier prospect in the North Sea, in summer…
Friday, 11 November 2016 08:16

Pemex plans aggressive farmout program

Mexico’s national oil company Petróleos Mexicanos (Pemex) unveiled its 2016-2021 business plan that will see the company take advantage of the Energy Reform with an…
Page 1 of 2