Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…
VNG Norge, on behalf of the PL 586 partners, has issued a letter of intent (LOI) to TechnipFMC for the Fenja field development project (formerly known as Pil and Bue). The LOI covers the EPCI (engineering, procurement, construction and…
A new US$1.32 million (£1 million) research and development project focussed on cost reduction, increased efficiency and value add for the oil and gas sector has received backing from government agency Scottish Enterprise. US firm ION Geophysical subsidiary…
Phase 1 of the massive Johan Sverdrup project offshore Norway is now close to 60% complete, ahead of schedule and even further under the original estimated budget, says partners Aker BP and Lundin. In statements released this morning…
The US Bureau of Ocean Energy Management (BOEM) has published the draft Environmental Impact Statement (EIS) for Alaska’s manmade island, the Liberty Project, in the Beaufort Sea. Map of Liberty…
Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to the Aasta Hansteen development…
The Ivar Aasen field in the North Sea was officially opened earlier today (13 February) by Minister of Petroleum and Energy Terje Søviknes. From left Øyvind Eriksen, chairman of the board in Aker BP and CEO in Aker…
The UK’s i3 Energy is planning to list on the stock market after acquiring the UK North Sea Liberator oil discovery, which it hopes to potentially bring to development this year. Liberator is immediately adjacent to the producing Blake field…
Delek Drilling and Avner Oil, part of the Leviathan partnership with Noble Energy, has approved the development plan for the mega-discovery, offshore Israel, the two announced today 12 December. The decision paves the way to Leviathan's final investment decision (FID)…
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, was discovered in 2011, in 65m water depth about 250km southwest of Stavanger and 13km east of the Ula field…
DEA has submitted the plan for development and operation (PDO) for the Dvalin field (previously named Zidane) to the Ministry of Petroleum and Energy in Norway. Dvalin will be the company’s first operated field development project in Norway…
In less than a week, the topside for Statoil's Gina Krog project was installed on the field in the North Sea. Five thoroughly heavy lift operations were performed by the Saipem 7000, and all went according to plan. The development…
Santos will begin sidetrack operation offshore Indonesia after a mechanical obstruction in the well bore of the AAL-4X appraisal well halted the proposed drill stem tests (DSTs) in the K-sand and G-sand reservoirs. The drilling of the sidetrack well will allow Santos and its parnter…
The Norwegian Petroleum Directorate (NPD) has granted its consent to Statoil and its partners in Gullfaks production license 050 to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Illustration of Rutil…
Russia's Lukoil gas started driving in marine risers at the Vladimir Filanovsky field in the Caspian Sea, ahead of planned development well drilling operations. Risers, required to reinforce wellheads, ensure circulation and environmental safety at drilling operations…