Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.The block's Pecan field, located about 115 kilometers off the West African country in ultra-deep waters ranging from 2…
Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…
The topside of the offshore substation at the Albatros wind farm offshore Germany was installed Tuesday evening, developer EnBW said.The heavy-lift jack-up vessel (HLJV) Pacific Ospray had loaded the topside in Rotterda, and once in the construction area…
Lundin Petroleum on Wednesday announced its plans to develop the Solveig oilfield, formerly known as Luno II, offshore Norway, with startup planned in 2021.The Solveig oil discovery in PL359, is located in the Norwegian sector of the North Sea…
Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas.Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract…
A tropical cyclone has led Jadestone Energy to pause its infill drilling program at the Stag oilfield offshore Australia, the independent oil and gas production company in an operational update on Monday.Jadestone said the Ensco 107 jack-up rig arrived on location at the Stag platform on March 15…
Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…
The offshore oil and gas industry has dedicated significant efforts to decommissioning platforms in the US Gulf of Mexico in the last five years.According to Bureau of Safety and Environmental Enforcement (BSEE) Director Scott Angelle, over the last five years…
The two final platform topsides have been installed at the Johan Sverdrup oil field in the North Sea, about 140 kilometers west of Stavanger, Norway, operator Equinor announced Friday, marking a key milestone toward first oil expected in late 2019…
Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States.The buyer…
Offshore operator Spirit Energy announced Tuesday that it started oil production on the Oda field in the southern part of the Norwegian sector of the North Sea on March 16, nearly five months ahead of schedule.The Oda field, discovered by Spirit Energy in 2011…
Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had started production at its P-77 platform, its fourth platform to enter operations in the Buzios field within the pre-salt region of Bacia de Santos.Petrobras, as the company is known…
UK focused exploration and production company Siccar Point Energy announced Tuesday it has has commenced its 2019 offshore drilling campaign with the spudding of an exploration well at the Blackrock prospect West of Shetland.The campaign, using…
Norwegian operator Aker BP announced Tuesday it has found up to 130 mmboe in the the Froskelår Main exploration well in licence 869 in the Alvheim area.Aker BP said the preliminary gross resource estimate is 60-130 mmboe, and that part of the…
Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane…