New repair works scheduled by Royal Dutch Shell in its oilfields in Malaysia are likely to halve exports of Kimanis crude cargoes in April and squeeze supplies in Asia, two sources said on Wednesday.Kimanis is Malaysia's largest export grade…
Guyana produced 35,607 barrels per day (bpd) of oil in December, following the inauguration of production in the country by a consortium led by U.S. oil major Exxon Mobil Corp, the finance ministry said in a report.Exxon has discovered more than 8 billion barrels off the coast of Guyana…
Africa-focused oil company Vaalco Energy has said that its South East Etame 4P appraisal wellbore offshore Gabon in the Etame Marin permit area successfully encountered oil sands in the Gamba formation.The well, drilled from the Vaalco-operated South East Etame North Tchibala (SEENT) platform…
A federal judge ruled on Tuesday that some of the claims raised by South Carolina in a lawsuit against the Trump administration over seismic tests for oil and gas deposits in Atlantic waters may proceed, but dismissed four others. Coastal states…
Norwegian seismic data provider TGS has said it has completed the acquisition of its latest 3D survey offshore Senegal, SN-UDO-19. This latest stand-alone survey is located in northern Senegal and follows a further recently completed survey…
MHI Vestas Offshore Wind has been chosen as the preferred turbine supplier for the 300-MW Zhong Neng offshore wind project (OWF) in Taiwanese waters.MHI Vestas has reaffirmed its commitment to the nascent sector as it moves into prime position…
Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…
Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.State-owned Romgaz would…
Lundin Norway has received regulatory consent from the Norwegian Petroleum Directorate to drill an exploration well in the License 609 in the Barents Sea.Lundin will use the West Bollsta semi-submersible drilling rig for the operation. Lundin operates the block with a 40 percent ownership…
Solstad Offshore has terminated three AHTS bareboat charter agreements with SFL Corporation.Solstad said that the three medium-size vessels Sea Cheetah, Sea Jaguar, and Sea Leopard, would be handed back to SFL - ex-Ship Finance Internation - during the first quarter of 2020…
Indonesia's state-owned oil and gas company PT Pertamina signed a framework agreement with Malaysia's Petronas to sell and buy crude this year, Pertamina said in a statement on Tuesday.The agreement is a follow up to their plan last year to swap crude…
Malaysian offshore services provider Alam Maritim has been awarded a vessel contract by Petronas Carigali.Under the contract, announced Tuesday – but awarded in December 2019 – Alam is providing an anchor handling tug and supply vessel for the Malaysian company…
In a move that might make some nervous, the United States — through its “strategic” investment arm, the newly enlarged International Development Finance Corporation — has announced plans to invest USD 1 billion on unspecified European energy projects…
UK-based well services and oilfield equipment rental company RMEC has expanded its total headcount to 43, on the back of a recent six-figure sum investment in its on-site test bay facilities.RMEC said this week the investment was aimed at maximizing…