BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area.The company’s preliminary evaluation indicates…
BW Energy has made a ‘substantial’ oil discovery with good reservoir quality in the DHIBM-7P pilot well drilled to appraise the northern flank of the Hibiscus field, offshore Gabon.BW Energy said it plans to complete the well as a production well later in 2024…
Australia’s top oil and gas company Woodside has decided to retain its current ownership in the Macedon and Greater Pyrenees assets, after considering the divestment of its interest in the fields offshore Western Australia.Woodside started a…
BP has started production from the East North flank of the Shah Deniz field in Azerbaijan, which is one of the largest gas-condensate fields in the world and the largest gas discovery ever made by BP.The East North flank, part of Shah Deniz 2 development…
UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…
Denmark-based power cable-making and installation company NKT is confirmed as the preferred bidder for the supply of power cable systems for two HVDC transmission links by Scottish SSEN Transmission, with the intent to sign a framework agreement for future projectsSSEN Transmission…
Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatization agency HRADF said on Wednesday.Alexandroupolis, which is close to Bulgaria and Turkey, has been used by U…
Oil major BP, as the operator of the consortium behind the Azeri Shah Deniz field, has started drilling a new exploration well (SDX-8) in the contract area, in the Caspian Sea, offshore Azerbaijan.The company is using the Heydar Aliyev semi-submersible drilling rig…
The Australian Conservation Foundation said it has asked the Federal Court to stop Woodside Energy Group from working on the $5.7 billion [for the offshore component only] Scarborough gas project until an assessment is made about its potential impact on the Great Barrier Reef…
Shell in talks with Indian consortium to sell Russian LNG plant stake -sourcesShell seeks to sell 27.5% stake in Sakhalin-2 plantShell in talks with group of several Indian firms -sources Shell also seeking bids for LNG, oil supply contracts…
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading activities in the first quarter, the company said on Thursday.The post-tax impairments…
Australian oil and gas company Western Gas expects to spud its 'high-impact' Sasanof-1 exploration well on the North West Shelf offshore Australia in the second quarter of 2022. The company said Thursday it had received all the necessary regulatory approvals for the drilling operation…
Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's energy minister seeking to delay, if not stop, the company's Scarborough natural gas project.The letters were sent just weeks…
On August 4, 2021, the topside of the normally unmanned wellhead platform for the Hod field was transported from Aker Solutions in Verdal to the Aker BP operated field. Hod B is the second project delivered by Aker BP’s alliance for delivery of fixed platforms…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P, said Friday it would drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022, using a Valaris semi-submersible drilling rig…
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