Oil News


Exxon starts Dunquin drilling

Apr 23, 2013

ExxonMobil has started drilling on the Dunquin prospect offshore the west coast of Ireland, partners in the licence said this morning.  Drilling operations are expected to take several months to complete using the Eirik Raude semi-submersible drilling unit…

Firms qualified to bid for offshore Lebanon blocks

Apr 19, 2013

Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round.  Of 54 companies applying to take part, 46 have been approved to bid in the round…

Rosneft, Marubeni sign E&P pact

Apr 18, 2013

Rosneft and Marubeni Corp. signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields on April 17, 2013 The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board…

Iona's Orlando gets green light

Apr 17, 2013

Iona Energy Inc is pleased to announce today that the Department of Energy and Climate Change (DECC) has advised the Orlando joint venture partners that it has approved the Orlando Field Development Plan (FDP) submitted by the partners. The…

BMT on Caspian weather watch

Apr 17, 2013

BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, has secured a long-term contract to provide an oil major with weather forecasting services for all its North Caspian Sea operations, both offshore and onshore. The scope of BMT’s work includes…

Huntington achieves first oil

Apr 15, 2013

Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…

South Kecapi find

Apr 10, 2013

Salamander Energy found oil and gas pay at its South Kecapi-1 DIR/ST exploration well in the Botang PSC in the North Kutei basin off Indonesia. The well found a combined 40m of net oil and gas pay in high-quality, stacked, Pliocene channel sandstones…

Light oil discovery

Apr 10, 2013

B. Karoon Gas Australia encountered light oil at the Kangaroo-1 exploration well on block S-M- 1101 in the Santos Basin off Brazil. Karoon drilled the Kangaroo prospect to 3049mRT. Mudlog, wireline petrophysical and MDT pressure data confirmed the presence of a 25m oil column in the Eocene…

Colloquy: Drivers of change

Apr 10, 2013

COLLOQUY: Editor's Column The IHS CERAWeek conference took Houston by storm in March, with a solid program of topical breakfast discussions, illustrious keynote speakers, plenary sessions, and dialogues. The energy topics ran the gamut…

IVB opens Abu Dhabi office

Apr 10, 2013

Growth by specialist East of England company Inspection Verification Bureau Ltd (IVB) has prompted it to open a new office in Abu Dhabi and set up a joint enterprise in Kuwait. Around 75% of the Great Yarmouth company's verification, inspection…

Vikoma launches oil recovery system

Apr 09, 2013

Oil pollution and environmental technology company, Vikoma International Limited, has unveiled the latest addition to its range of class-leading offshore oil pollution recovery systems. The OPRS 300 (Oil Pollution Recovery System) is based upon…

Skarfjell resource estimates increase

Apr 09, 2013

The Skarfjell oil discovery offshore Norway could become a new hub development, one of the partners in the project has said following succsesful appraisal drilling.Cairn Energy, which holds 20% in Skarfjell, said it had increased its resource…

ABB wins $45m Ichthys work

Apr 08, 2013

Power and automation firm ABB has won two contracts worth a combined $45million on the Ichthys oil and gas project offshore Western Australia.Ichthys field layout (Image: Inpex)The firm has been appointed the main electrical contractor (MEC) for a new floating production…

Luno II discovery for Lundin

Apr 08, 2013

Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discovery…

Technip on Moho Nord subesa EPSCI

Apr 08, 2013

Technip was awarded by Total E&P Congo a major (more than $500million) lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project.This project is…

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