Independent Oil and Gas (IOG) says it has a busy 12 months ahead, as the company prepares to submit the Blythe and Vulcan final development plans (FDP) in the Southern North Sea, with hopes of hitting first gas by 2019. Image from IOG…
Ophir Energy's Ayamé-1X exploration well offshore the Ivory Coast found oil, but not in significant quantities. The well, in block CI-513, reached a total depth of 5394m true vertical depth sub sea. The well was targeting a number…
TGS and Petroleum Geo-Services (PGS) have expanded their jointly owned multi-client library offshore Eastern Canada. Map of Cape Broyle 3D, from TGS. The new Cape Broyle 3D survey…
Odebrecht has named Luciano Nitrini Guidolin as the company’s new chief executive officer (CEO), replacing Newton de Souza. Guidolin will continue the business restructuring process and meet the challenge of bringing Odebrecht back to…
The massive, 600 MW Gemini offshore wind park has been opened offshore the Netherlands ahead of schedule and under budget. Gemini will produce 2.6 TWh of wind power every year, reducing the Netherlands’ CO2 emissions by 1.25 million tons…
China’s CNOOC is opening 22 blocks for bids to foreign companies this year. Map of the 22 open blocks, from CNOOC. The 22 blocks cover an area of 47,270sq km, and are available for cooperation between CNOOC and foreign companies…
Keppel Shipyard says it is on track to deliver the Catcher floating production storage and offloading (FPSO) vessel to BW Catcher following a naming ceremony of the vessel today (28 April). BW Catcher - the 11th FPSO Keppel has delivered…
Offshore energy industry experts and leaders from across the world came together at NRG Park in Houston 1–4 May for the 2017 Offshore Technology Conference (OTC). As it has since 1969, the 49th edition of the conference convened professionals…
The UK's Oil & Gas Technology Centre (OGTC) has launched its first 'Call for Ideas,' inviting innovative technology concepts and ideas to transform the way that offshore oil and gas wells are plugged and abandoned. The OGTC is planning to invest about US$1…
Norway-based accommodation vessel operator Prosafe has sold another vessel for scrap and is planning to sell off another to the same end. Image of the Safe Boreas, from Prosafe. Prosafe…
A federal court in Brazil has suspended the transfer of Petrobras' stake in the BM-S-8 exploration block, which contains the Carcará field, to Norway's Statoil, and exploration of the field, until further deliberation, the Brazilian state-owned firm announced Monday (17 April)…
Lundin Petroleum has gained regulatory consents and approvals to complete the internal reorganization to spin-off its assets in Malaysia, France and the Netherlands into International Petroleum Corp. (IPC). The reorganization was completed on 7 April 2017…
BW Offshore has completed a deal with Harvest Natural Resources for its stake in the Dussafu production sharing contract (PSC) offshore Gabon. BW Energy Gabon (BWEG) now holds a 66.67% working interest in the Dussafu PSC, while Panoro Energy holds the remaining 33…
Lebanon has extended the deadline for the results of the second pre-qualification round in the country’s first-ever offshore licensing round, to give companies more time to respond to requests from the Lebanese Petroleum Administration (LPA)…
Despite the low cycle that the market is facing, a total of 30 oil and gas projects are expected to start operations in the North Sea by 2020. The UK will lead with 19 projects, followed by Norway with 10 and Denmark with a single project…
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