Oil News


Aibel grabs Goliat contract

Nov 03, 2014

Eni Norge has awarded Aibel a contract for the hook-up and commissioning of its Goliat field. The contract includes preparations prior to towing the FPSO offshore, miscellaneous offshore hook-up activities, and assistance during final commissioning and start-up of the Goliat field…

Total adds to Garantiana resources

Nov 03, 2014

Total E&P Norge encountered oil after drilling an appraisal well on the Garantiana prospect in production license 554 in the Norwegian North Sea. Appraisal well 34/6-3 S was drilled on Garantiana and exploration well 34/6-3 A, a sidetrack well…

Eni makes 1bn Congo oil find

Oct 30, 2014

Eni has made a light oil discovery estimated to contain about 1billion boe in place in the Minsala Marine exploration prospect in shallow waters offshore Congo.  The discovery, in the Marine XII Block, about 35km from shore and 12km from the recent Nené Marine discovery…

UK production decline to reverse

Oct 28, 2014

UK North Sea production is expected to remain flat in 2014, marking the first time in 15 years the industry has not seen a production decline in the basin.  Production declines on the UK Continental Shelf had been steadily dropping at a rate of 7-8% per year…

Pemex, Chevron team up

Oct 27, 2014

Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…

Lundin plugs dry Gobi-1 well

Oct 27, 2014

Drilling has completed on Lundin Petroleum's Gobi-1 wildcat in the Gurita production sharing contract (PSC), located off Indonesia in the Natuna Sea’s West Natuna basin. The prospect is being plugged and abandoned after failing to find hydrocarbons…

BP/GDF make joint North Sea discovery

Oct 23, 2014

GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea.  The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…

InterMoor completes COOEC projects

Oct 22, 2014

InterMoor, an Acteon company, has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC).  To extend the life of the Hai Yang Shi You III FPSO, the first project involved full mooring system replacement in the Panyu field…

Drilling starts at Eldfisk

Oct 22, 2014

ConocoPhillips kicked-off the drilling campaign on its Eldfisk II project with Maersk Innovator. Five wells have been pre-drilled, and the drilling operations of the remaining 35 wells has now begun. Eldfisk II is one of four fields that comprise the Greater Ekofisk Area…

OMV's Roiss resigns

Oct 20, 2014

OMV announced that Gerhard Roiss will resign from his position as chairman of the executive board and CEO, effective 30 June 2015. OMV's Supervisory Board has started the process to identify suitable candidates for the succession as CEO…

Genel to test Morocco oil find

Oct 20, 2014

Genel Energy's SM-1 well on the Nour prospect in the Sidi Moussa block offshore Morocco has found oil and is to be well tested. Partner San Leon Energy said the well, drilled using Noble Corp.'s Noble Paul Romano semisubmersible drilling rig…

Production starts from Umm Lulu

Oct 17, 2014

Production has started on the Umm Lulu oil field offshore Abu Dhabi, Inpex Corp. said today (17 October). Umm Lulu is about 30km northwest of Abu Dhabi city. Inpex subsidiary Japan Oil Development Co. jointly developed the field with Abu Dhabi National Oil Company (ADNOC)…

SOCO to test Gabon find

Oct 16, 2014

SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…

CNOOC hits Miocene oil in second Beibu Gulf well

Oct 15, 2014

CNOOC discovered oil in its second Beibu Gulf well, WZ12-10-2, in Block 22/12, off the southern Chinese coast. The shallow-water (36m WD) location is about 1.6km (1mi.) east-northeast of the WZ12-8W platform and about 3.2km west-southwest of the previously drilled discovery well…

Petrobras starts Iracema production

Oct 15, 2014

Petrobras has begun production from FPSO Cidade de Mangaratiba, located in Block BM-S-11 of the giant Lula field. The start-up represents the first in the Iracema Sul area of the presalt Santos basin, located 300km off the coasts of the Rio de Janeiro and São Paulo states…

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