UK-based Hurricane Energy announced that testing has confirmed oil in its Warwick West well, West of Shetland.Warwick West ( 204/30b-4) was spudded using the Transocean Leader semi-submersible rig on September 24 and was drilled to a total depth of 1…
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC meeting in Vienna.Timipre Sylva said he had told Saudi Energy Minister bin Salman…
Israel's largest offshore natural gas field, Leviathan, will begin supplying the local market by the end of this month, with exports to Egypt and Jordan following shortly after, an official from the field's operator said on Monday.'Within 2-3 weeks we will open the wells and start to supply the gas…
Indonesia considers allowing for production sharing oil and gas contracts optionsIndonesia is considering letting energy companies stick with the 'cost recovery' system for oil and gas production sharing contracts, the energy minister said on Monday…
Romania's OMV Petrom is ready to press on with a multibillion euro investment in the giant Black Sea gas project it holds with ExxonMobil once Bucharest's new government lifts regulatory barriers to doing so, it said on Monday.A final investment…
Norwegian energy firm Equinor said it will take over as operator for the development of the Wisting license in the Barents Sea as of December 1. Austrian partner OMV will later assume the operator role for the operation phase.In June, the two…
The main development in Kazakhstan’s Kashagan field is D-Island, a structure built on recovered land that typically outputs 340,000 barrels per day. Due to reaching the end of its service life, both its flare tips required replacement. This work was to be carried out during a tight shutdown window…
Norway's offshore safety watchdog has given ConocoPhillips consent to use the West Linus mobile facility for production drilling on the Tor field.The consent covers the drilling and completion of eight production wells in connection with the new development of the Tor field (Tor II)…
Wintershall Dea’s controversial wildcat well near the closed-off Lofoten archipelago in northern Norway was ultimately unsuccessful, analyst Rystad Energy said.Rystad Energy’s senior exploration analyst Palzor Shenga said, “This stands as a…
Partners in the Northern Lights project will drill an exploration well south of the Troll field in the North Sea with the objective to not find oil and gas.Wildcat well 31/5-7 Eos is being drilled to investigate whether the reservoir in the…
Italian offshore services company Saipem said it has secured two new contracts for work related to offshore wind development projects in Scotland and Taiwan.The two contracts, worth approximately €750 million ($826.4 million) combined, represents…
A new research and technology center backed by Chevron and Woodside has been launched at The University of Western Australia (UWA) to study long subsea tiebacks.The Center for Long Subsea Tiebacks laboratory located at UWA will focus on long…
Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25…
Two Equinor personnel have been injured from an explosion on the Heimdal platform in the North Sea on Thursday, the Norwegian energy company said.There were 70 people on board the Equinor-operated platform when a portable nitrogen gas container…
Offshore services company Subsea 7 said it has been awarded a contract from Woodside for the execution of phase 2 of the Julimar-Brunello Project, approximately 200 kilometers offshore North Western Australia.Subsea 7 said its full scope of work will be to design…