Malaysian independent exploration firm Hibiscus Petroleum is set to become a UK North Sea operator after receiving regulatory and shareholder approval for its acquisition of a 50% stake in the Anasuria cluster. It will be the firm's first producing asset…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
Australia’s National Offshore Titles Authority (NOPTA) granted Bass Strait Oil Co. a 12-month suspension and extension for the work program and permit term or its 100% owned and operated VIC/P68 permit offshore Australia. Map of Vic/P68…
ExxonMobil subsidiary Esso E&P Nigeria started oil production earlier than planned at the Erha North Phase 2 deepwater subsea development project, offshore Nigeria. Esso North subsea structures…
ExxonMobil subsidiary Esso Australia has successfully completed its Turrum field drilling program, drilling five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies. The AUD$335 million investment involved…
Shell along with partner Esso Exploration agreed to sell their entire stakes (50-50) in the Anasuria Cluster in the UK Central North Sea to a Malaysian joint venture consisting of Ping Petroleum and Hibiscus Petroleum. News reports put the sale price at US$105 million…
Saipem awarded Alderley a contract to design, engineer and fabricate two FPSO-produced water treatment packages for the Kaombo FPSO Project in Angola. The project will be undertaken by Alderley Process Technologies, a subsidiary of Alderley…
Aveon Offshore has successfully completed fabrication, supported testing and load-out of subsea equipment for Esso's Erha North Phase 2 project offshore Nigeria. The load out and sail away of the five suction piles, production and…
Total achieved a milestone of producing a cumulative 2 billion bbl from its operated deep offshore Block 17 located 150km off the coast of Angola, Africa. CLOV. From Total. With the recent start up of CLOV…
ExxonMobil confirmed a significant oil discovery on the Stabroek Block found 120mi offshore Guyana. The well, spud on 5 March 2015, was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana, and encountered more than…
ExxonMobil started oil production at the Kizomba Satellites Phase 2 subsea development project off Angola. The Kizomba B FPSO. From BP. Phase 2 of Kizomba is a subsea infrastructure development of the Kakocha…
Dana Petroleum awarded Technip a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel in the central North Sea. Image from Dana Petroleum. This…
Det norske oljeselskap ASA elected Kjell Pedersen to the company’s board of directors. As a consequence of this appointment, Pedersen decided to resign from his duty as chairman of the board for Aibel AS. Tom Røtjer has at the same time resigned from his duty as member of the board…
New York-headquartered Hess says it is cutting its 2015 capital and exploration budget by 16%, compared to 2014, to US$4.7 billion. While the firm said most of the cash (45%/$2.1 billion) would be spent on its unconventional shale resources…
ExxonMobil's subsidiary Esso Australia has started a five-well drilling campaign at the Turrum field as part of its ongoing investment in Bass Strait to develop new gas supplies. The AU$335 million investment in drilling four gas wells and one oil well follows the start-up of the $4…
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