Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Total encountered gas and condensate at its Diaman-1B well offshore Gabon, partner Cobalt International Energy announced. The well, located in the Diaba block, was drilled to 5585m total depth, finding 50-55m of net hydrocarbons in the pre-salt formations…
India's Oil & Natural Gas Corp. (ONGC) announced three offshore and one onshore discovery during Q1 of its fiscal year 2013-2014, which ended 30 June, and one additional onshore discovery in August 2013 (Q2). Offshore: New prospect discovery: exploratory well KGOSN041NANL-2…
Independent exploration firm Ophir Energy has said the preferred site for Tanzania’s first multi-train LNG facility could be announced later this year. The firm, a partner with operator BG Group on Blocks 1, 3 and 4, offshore Tanzania…
Mexican President Enrique Peña Nieto proposed his plans to reform Mexico’s energy industry in an effort to ease restrictions on foreign investment. The plan calls for amendments to articles 27 and 28 of the Mexican Constitution, which…
Energy company E.ON has said a gas discovery in block 42/28d in the UK southern North Sea is bigger than first thought. A well on the Tolmount discovery, 40km off the coast of East Yorkshire and to the west of the E.ON-operated Babbage gas field…
Kongsberg Oil & Gas Technologies AS (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA (KOG), has signed an agreement with Statoil for the delivery of subsea structures, in-line tees, tie-in and connection systems for the Polarled gas pipeline…
Norway-based multi-client seismic services firm Spectrum is to acquire 2D seismic offshore Croatia ahead of the country’s latest licensing round. Spectrum will acquire the seismic data using Cyprus-based Seabird Exploration. Seabird will acquire about 12…
Hansa Hydrocarbons is to acquire stakes in three southern North Sea gas fields from a subsidiary of Noble Energy. Under an agreement with Noble Energy Capital Limited, it will gain 24% equity interest in the Malory field, 25% in the Guinevere field and 2% in the Lancelot field…
St. Louis, Missouri-based Emerson Process Management, a business of Emerson, acquired Groveley Detection Ltd., a leading innovator and developer of ultrasonic gas leak detection solutions for both offshore and onshore oil and gas installations…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
National Grid has completed appraisal drilling of a carbon dioxide storage site underneath the North Sea. It says the site, 65km off the Yorkshire coast, appeared viable for carbon dioxide storage and would be able to hold about 200 million tonnes…
Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
HRT Participações em Petróleo has started drilling the Moosehead-1 exploration well offshore Namibia. The well (2713/16-1) is its the third offshore well in HRT's current exploration campaign. It is targeting the Moosehead prospect…
Drilling on a relief well at South Timbalier 220 in the US Gulf of Mexico began Sunday, August 4, using the Rowan EXL-3 jack-up rig, the Bureau of Safety and Environmental Enforcement (BSEE) announced. On July 23, Walter Oil and Gas Corp…
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