U.S. energy firms this week increased the number of oil rigs operating for the second time in three weeks after oil prices soared over 18 percent in January.Companies added 7 oil rigs in the week to Feb. 8, bringing the total count to 854, General…
The Liberty pipe mills at Hartlepool has been awarded a multimillion-dollar contract to supply steel pipeline for North Sea gas.The mills, which were acquired and relaunched by Liberty, part of Sanjeev Gupta’s GFG Alliance, in late 2017, have…
Italian oil and gas company Eni has agreed to acquire a 70% stake in the Oooguruk oil field located offshore Alaska from Caelus Natural Resources Alaska for an undisclosed price.With Eni already holding 30% working interest in the oilfield, the Italian energy major’s operating stake in the same…
U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska.Interior’s Bureau of Ocean Energy Management (BOEM) issued conditional approval…
Houston-based oilfield services company and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…
BP announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in the Clair field, a core asset of BP’s North Sea business in the UK, while also selling its non-operating interest in the Kuparuk and satellite oilfields in Alaska…
U.S. oil producer ConocoPhillips said on Tuesday it would sell a 16.5 percent stake in the Clair field to oil major BP for an undisclosed price. Houston, Texas-based ConocoPhillips will retain a 7.5 percent interest in the North Sea offshore oil field through a unit while BP will hold a 45…
Italian oil major Eni has spud a new oil well from the Spy Island drillsite, a manmade island in the Beaufort Sea, offshore Alaska, earlier this week, the Bureau of Safety and Environmental Enforcement (BSEE) reported today (27 December)…
The US Bureau of Safety and Environmental Enforcement (BSEE) has approved Eni’s drilling plans for the Beaufort Sea offshore Alaska. US Arctic offshore Source: BSEE The Italian-based exploration…
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…
The US Bureau of Ocean Energy Management (BOEM) has approved Eni’s exploration plan (EP) to drill four wildcats at the company’s Spy Island Drillsite (SID) in the Beaufort Sea. Map of Spy Island…
Hilcorp Alaska was the sole bidder in Cook Inlet Lease Sale 244, the first lease sale held in Alaskan federal waters since 2008. Map from BOEM. A unit of Hilcorp Energy Co., Hilcorp…
Italian giant Eni has submitted its proposal to the Bureau of Ocean Management (BOEM) for a drilling program offshore Alaska, from the man-made island, Spy Island Drillsite (SID) in the Beaufort Sea. Map of SID…
Hilcorp has sealed a pipeline that had been leaking natural gas in Alaska’s Cook Inlet for several months. According to Hilcorp, dive crews installed a clamp on the fuel gas line in Middle Ground Shoal last week (13 April), which stopped the release of natural gas from the affected pipeline…
The Alaska Department of Natural Resources, Division of Oil and Gas has opened its Alaska Peninsula Areawide 2017 (APA 2017) and the Cook Inlet Areawide 2017W (CIA 2017W) oil and gas lease sales. The Alaska Peninsula Areawide lease sale covers about 4 million gross onshore acres and 1…
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