Wood Mackenzie recently published a comparison of Wood Mackenzie’s Energy View to 2035, versus similar outlooks published by the International Energy Agency (IEA NP), BP, and ExxonMobil. Some key points: All forecasts expect energy demand growth through 2035 – however…
Husky Energy has firmed up plans for its West White Rose Project offshore Newfoundland and Labrador with first oil set for 2022, while announcing a new discovery at Northwest White Rose. The SeaRose FPSO…
Cairn Energy’s latest SNE well offshore Senegal, SNE-6, has proved to be successful, with the confirmation of good connectivity with the SNE-5 well. Map of Senegal, from Cairn. Cairn…
Petróleo Brasileiro (Petrobras) started production from the Lula Sul field offshore Brazil with the P-66 floating production and storage offloading (FPSO) unit. Image from Petrobras Twitter. Lula…
In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with exploration efficiencies starting to deliver results. The…
GE has upgraded its ProSolv WI8581 wax inhibitor for offshore and onshore oil and gas production. Wax inhibitors help producers maintain an uninterrupted flow of crude oil. GE's upgraded product is highly concentrated and winterized to improve efficiency and cost-effectiveness…
Operator Engie E&P Norge has awarded contracts to TechnipFMC and Aker Engineering and Technology for feasibility studies for the Cara project in the Norwegian part of the North Sea. The studies intend to show the potential, challenges and opportunities at an early stage of the development…
Geology Without Limits (GWL), working with Geological Survey of Iran (GSI) and Ministry of Mine, Industry and Trade (MMIT) are planning a 4800 km, 2D seismic, gravity and magnetic data survey in the Iranian sector of the Caspian Sea. The…
Lundin Petroleum discovered a 15m oil column at the Edvard Grieg Southwest appraisal well in the North Sea, confirming an upside for the field. The Island Innovator, from Island Drilling. Lundin…
Parkmead, the UK and Netherlands focused independent oil and gas group, has nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea. These two large Palaeocene prospects are both located within Block 205/13…
Eni's Goliat reserves are set to increase by 1.2 MMcm or 7.5 MMbbl, following the approval to tie in the Snadd discovery in the Barents Sea, according to the Norwegian Petroleum Directorate (NPD). Two wells will be drilled from Goliat…
Aker BP has approved the redevelopment of Tambar in the southern North Sea that is expected to extend the production period by some 10 years. Image of Ula, from Aker BP. The plan consists of two additional wells and gas lift…
Petsec Energy is estimating first production at its Hummer oil and gas field in late Q3 2017. The company provided an update on the development of field, which extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana…
Cairn Energy has encountered oil at the Vega-Regulus (VR-1) well offshore Senegal, marking the company’s eighth successful well in the area since 2014. The Stena DrillMAX, from Stena. The…
Eni has confirmed the presence of oil in multiple reservoirs at the Amoca-2 well, the first well drilled by an international oil major offshore Mexico since the 2013 Energy Reform. Map of Area 1…