Appraisal drilling on the Barents Sea Norvarg gas discovery has confirmed the “extensive” nature of the field, it has been announced. The well (7225/3-2), in license PL 535 offshore Norway, was drilled in 377m deep water by Total using the Leiv Eiriksson semisubmersible drilling rig…
Trans Adriatic Pipeline AG (TAP) announced today that BP Plc, Azeri SOCAR, France's Total SA, and Belgian Fluxys—members of the international consortium developing the giant Shah Deniz field in Azerbaijan—have exercised their option to join the Trans Adriatic Pipeline AG (TAP)…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
BG Group has made another gas discovery on its latest exploration well offshore Tanzania, adding to the potential for LNG development in the country. The Mkizi-1 well in Block 1, was drilled by the Deepsea Metro I drillship in 1301m deep water…
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform (DCP) for the Malampaya Project off Palawan Island, in The Philippines. The contract is worth about US$60 million and will be completed in 2014.
BG Group has made a natural gas discovery in the Ngisi-1 well in Block 4 off Tanzania. The well, drilled by the Deepsea Metro 1 drillship, appraised the Chewa gas field resulting in an upgrade in estimated recoverable resources in the block…
Petrobras set a new presalt production record in May 2013 with output of 322,100bo/d, an 11,000bo/d increase from its previous record of 311,500bo/d set the prior month. The company also achieved record output in Espírito Santo, with a monthly average figure of 322…
ThoughtStream: Opinion Mexico is among the ten largest oil producers in the world. This country has made important structural changes to improve economic performance and strengthen its resilience to external shocks. It is a strong partner to the United States and to Canada…
The US Bureau of Safety and Environmental Enforcement (BSEE) approved Walter Oil & Gas Corp.’s permit application to drill a relief well at South Timbalier 220 in the US Gulf of Mexico, using the Rowan EXL-3 jack-up rig. The well is expected to be drilled on Thursday…
Modiin Energy LP has updated resource estimates for the Yam Hadera field off Israel. The best estimate of gross recoverable, prospective resources at Yam Hadera is 208MMbo (revised upwards from 133 MMbo) and 3.4 Tcf of natural gas (revised upwards from 1…
Recent offshore drilling by Apache and Anadarko help gauge the potential of the Lamu basin. Vision 2030 is Kenya’s development strategy which aims to transform the economy and “create a globally competitive and prosperous nation with a high quality of life by 2030…
Tanzania has become hot property, with BG Group and Statoil eying LNG export from the gas-rich offshore region. Tanzania’s recent rise up the resource rankings has been fast, despite it having taken a long time to reveal its potential reserves…
All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…
Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…
About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…
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