Timor-Leste's state-owned oil firm Timor Gap has acquired a 16% interest in the Bayu-Undan gas project, majority joint venture owner Santos said on Monday.Timor Gap has now become a part of the Bayu-Undan JV, which also includes SK E&S, INPEX…
OMV (Norge) has successfully completed drilling of a deepwater exploration well in the Norwegian Sea with preliminary estimated total recoverable gas volumes of between 30 and 140 million barrels of oil equivalent (mn boe).The deepwater wildcat…
The Norwegian Offshore Directorate (NOD) has granted Equinor a permit to drill a wildcat well in the North Sea, using Odfjell Drilling’s Deepsea Atlantic rig.The drilling permit is for wellbore 35/11-30 S in production license 090, which is operated by Equinor with 45% working interest…
India’s Oil and Natural Gas Corporation Limited (ONGC) Videsh has signed a definitive $60 million sale and purchase agreement (SPA) with Equinor to increase its stake in the offshore Azeri Chirag Gunashli (ACG) oil field and associated pipeline in Azerbaijan…
Engineering consultancy Wood has secured a long-term contract to provide engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) unit.Under the six-year contract signed with Shell…
Inpex Corporation has joined Japan’s Floating Offshore Wind Technology Research Association (FLOWRA).FLOWRA was established to promote the commercialization of floating offshore wind power generation on a large-scale over a wide area.By jointly…
Norwegian oil and gas company Aker BP and its partners have discovered gas in a wildcat well, drilled in the Barents Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The well 7324/8-4 (Hassel) represents the second well drilled in the production license 1170…
Norwegian oil and gas company Vår Energi has made an oil and gas discovery just north of the Duva field in the North Sea, using Odfjell Drilling’s Deepsea Yantai semi-submersible drilling rig.The discovery was made in well 36/7-5 S Cerisa and sidetracks 36/7-5 A…
Norwegian oil and gas company Aker BP has made a gas discovery in an exploration well at Ferdinand Nord prospect in the Barents Sea, drilled with Saipem’s Scarabeo 8 semi-submersible rig.The exploration well 7324/6-2 is the first well in production license 1170…
The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…
Japanese energy companies JERA and INPEX have signed an agreement to undertake a preliminary joint study on the feasibility of establishing a carbon capture and storage (CCS) scheme to transport CO2 emitted in Japan for storage in Australia…
The Norwegian Offshore Directorate has granted Aker BP a drilling permit for two wells in the Barents Sea, which will be drilled using Saipem’s Scarabeo 8 semi-submersible rig.The permit issued by Norwegian Offshore Directorate are for the wildcat…
Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday.The agreement with the Subsea Integration Alliance…
BP, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has started oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.The ACE platform is the…
INPEX Masela (INPEX), a subsidiary of INPEX Corporation, has awarded Fugro a significant marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia.Fugro will perform geophysical and geotechnical surveys needed to…