U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore will tie back its Taggart development to midstream operator Williams' Devils Tower Spar offshore platform.Williams said Wednesday it would provide offshore natural gas and oil…
BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…
The oil price crash has transformed the outlook for the region’s E&P sector. Globally, governments and operators have been forced into action to rework investment plans in response to the dual impact of the precipitous fall in both demand and oil prices…
Norwegian engineering company Aker Solutions has said it has developed a modified workover system that enables faster and more cost-effective planned interventions. The concept will first be applied on Equinor’s Visund field in the North Sea…
Malaysia's Petra Energy has secured a contract with Petronas for technical services for Banang offshore field production continuation in Malaysia. The two-year contract takes effect on June 29, 2020.Under the contract, Petra Energy will provide services to operate and maintain the Banang field…
Gazprom-Wintershall DEA joint venture company Wintershall Noordzee said Monday it had started gas production from D12-B2, the second well drilled in its Sillimanite offshore field.The gas field, found in June 2015, stretches across the UK and…
Australian oil and gas producer Santos has offered its first-ever Bayu Undan condensate cargo via a tender for loading in August, two sources with knowledge of the matter said.The 650,000-barrel cargo is scheduled to load on Aug. 8-12. The tender will close on June 17 with bids valid until June 18…
Australia's oil and gas company Santos has entered into a new gas supply agreement with Gold Fields Limited for its three gold mines in Western Australia.Santos will supply nearly 5.5 petajoules of natural gas from its Varanus Island gas plant over three years…
ExxonMobil Corp has reduced crude output at its nascent project off Guyana's coast due to problems with gas reinjection equipment, a move meant to avoid excessive gas flaring, the South American country's environmental regulator said on Monday…
New Zealand's maritime safety authority has greatly increased the insurance cover or other financial security that owners must have to cover marine oil spills from their offshore installations.Under recent amendments to the Marine Protection Rules Part 102…
Oil company Shell has awarded Norway's AF Gruppen a contract for the dismantling and recycling of the Curlew FPSO.The Curlew is an FPSO which was deployed at the Curlew field in the UK North Sea in 1997, approximately 210km east of the Aberdeenshire coastline…
Russia's Sakhalin-2 liquefied natural gas (LNG) plant has started maintenance work set to last for just over a month at one of the plant's two lines, the company said on Monday.Sakhalin Energy had originally planned for work to be done on both lines at the same time…
BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels…
Norwegian oil company Vår Energi is taking the Jotun FPSO ashore for upgrades, as part of a project designed to extend the life of the Balder Area in the Norwegian part of the North Sea.The FPSO, which has been producing oil from the Jotun field in the North Sea since 1999…
Oil and gas company Otto Energy has said that Matthew Allen will step down as Chief Executive Officer and from the Board as Managing Director effective immediately by mutual agreement following the completion of his two-year assignment to Houston…