Mex Gas Supply (MGS), a subsidiary of Mexico's Petroleos Mexicanos (Pemex) has a formed an alliance with Switzerland’s Mercuria, financed by JPMorgan.to import US-sourced natural gas. On 8 August, Geneva-based Mercuria Energy Trading…
Tunisian Authorities approved Australia’s ADX Energy Ltd.’s two-year extension of the exploration period for the Kerkouane permit offshore Tunisia. The exploration period is now set to end on 21 February 2016. The ADX operated contiguous Sicily Channel blocks…
A new method for detecting oil degradation in the water long after the spill has disappeared from the surface provides another tool for researchers studying long-term environmental impacts, Texas A&M University-Corpus Christi announced on 14 August 2014…
Adrian Rose is Oil & Gas UK’s new contractor vice chairman. Rose, currently Transocean Ltd. vice president – Europe,will represent the contractor community. He joins Glen Cayley, upstream director, Shell UK Ltd., who was appointed as…
Venari Resources LLC announced that it has raised an additional US$1.3 billion of equity commitments, bringing the total raised to $2.4 billion. Map of Shenandoah and Coronado prospects. Image from Anadarko…
MPI Offshore, based in Stokesley, UK, and part of the Netherlands-based Vroon Group, announced that its vessel MPI Adventure and its services will be employed on the Sandbank Offshore Wind Farm project. The company will perform the…
The American Petroleum Institute (API) released comments urging the Bureau of Ocean Energy Management (BOEM) to consider all Outer Continental Shelf areas for inclusion in the government’s offshore oil and natural gas leasing program for 2017 – 2022…
Australian company AWE Ltd. and ROC Oil Company signed a farm-in agreement for AWE to acquire 40% working interest in Block 09/05, Bohai basin, offshore China. Map of Block 09/05. Image from ROC Under the terms of the farm-in agreement…
3D seismic surveying operations have commenced on Frontier Exploration Licence (FEL) 1/14 (Spanish Point South) in the northern Porcupine Basin, offshore Ireland. The license, operated by Cairn Energy subsidiary Capricon Ireland, is in 300-650m water depth…
Production from the entire Siri area offshore Denmark is hoped to resume in Q3 on finalization of permanent structural repair to the Siri platform (right). Noreco, a partner in the Cecile License, which relies on Siri for offtake, said…
Houston based drilling and floating production firm Northern Offshore is still considering options for its sole floating production platform (FPF), including divestment, as operator EnQuest eyes additional tie-ins to the unit. The semisubmersible…
UK independent Fastnet Oil and Gas agreed an amended exclusive option agreement with Petrobras subsidiary PSE Kinsale Energy in relation to the Deep Kinsale prospect, offshore Ireland. The Deep Kinsale prospect extends from 4000ft subsea…
BP Trinidad and Tobago LLC (BPTT) announced the sanction of its Juniper offshore gas project off the southeast coast of Trinidad. The project will involve the construction of an unmanned platform and associated subsea infrastructure…
Marine scientist Dr. Quenton Dokken will examine the 'Rigs to Reefs' program, an effort to transform oil rigs in the Gulf of Mexico into artificial reefs, on 26 August at the George Bush Presidential Library and Museum at Texas A&M University…
Petrobras confirmed more hydrocarbon pay was found at the Jupiter prospect in the Santos basin pre-salt block BM-S-24 offshore Brazil. Map of Jupiter area. Image from Petrobras News Agency The…
Subscribe
