Mexico's independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near the U.S. maritime border.The plans commit the Anglo-Dutch oil major to invest at least $397 million over the next four years…
A cursory look at rig, seismic and yard activity in the world is enough to deduce that there’s more happening in the Arctic than Greens tying themselves to seventh-generation drilling units.A judge may have blocked Alaskan drilling in coastal…
The first shipment of liquefied natural gas (LNG) has sailed from Shell’s Prelude floating LNG (FLNG) facility offshore Australia, Shell announced Tuesday alongside its joint venture partners INPEX, KOGAS and OPIC.This shipment from the world’s largest floating producer of LNG…
Well-Safe Solutions announced Tuesday it has been awarded a contract to decommission up to 21 wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited, a wholly owned subsidiary of DNO ASA.The Schooner and Ketch fields…
French energy company Total announced it has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK.With a plateau production of 100,000 barrels of oil equivalent per day (boe/d)…
Project partners have taken final investment decision (FID) for the second phase of the Mero project in the deepwater Libra block of the pre-salt Santos Basin offshore Brazil, operator Petróleo Brasileiro announced on Tuesday.The Brazilian state-controlled oil company…
Asia Pacific focused Jadestone Energy announced Monday it has begun a riserless light well intervention (RLWI) campaign at the Montara complex, offshore Australia.The Sapura Constructor light well intervention vessel was mobilized to the field on May 30…
Activists have halted the progress of an oil rig destined for BP's North Sea exploration program off the coast of Scotland, environmental group Greenpeace said on Sunday.The rig, Paul B Loyd Jr, owned by Transocean, was on its way to the Vorlich field to drill for operator BP…
Lukoil said it has signed a preliminary agreement with Kazakhstan's state energy company to develop the I-P-2 license block in the Kazakh Sector of the Caspian Sea.Lukoil president Vagit Alekperov signed the Heads of Agreement deal with JSC NC KazMunayGaz chairman Alik Aidarbayev at the 23rd St…
Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…
American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…
Oil and natural gas producer W&T Offshore has discovered oil at the Gladden Deep prospect in Mississippi Canyon block 800 in the deepwater Gulf of Mexico.W&T is operator of the well, which is one of 14 planned for the drilling program under the Monza JV…
The creditors of indebted French marine services company Bourbon reached a restructuring deal that would give them control of the company, protect jobs and draw new liquidity.Bourbon has been hurt by market overcapacity and a fall in spending on services by upstream oil and gas companies…
Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.Hurricane specializes…
Italian supermajor Eni announced Tuesday it has signed contracts for a pair of new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The two blocks were among 20 available at the end of 2018.The two blocks…
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