West Australian independent Woodside Petroleum Ltd. has farmed-in to the 7200sq km Lake Tanganyika South Block, Tanzania. Beach Petroleum (Tanzania) Ltd., a wholly owned subsidiary of South Australia's Beach Energy Ltd., will transfer…
First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…
UK-based exploration junior Enegi Oil says a self-installing floating tower (SIFT) would be the best development option for the central North Sea Phoenix discovery. Enegi’s preference for a SIFT follows a work program by Azimuth Limited…
McDermott International has completed Ayatsil-B, one of Pemex’s four drilling platforms for use in the Mexican national’s Ayatsil-Tekel heavy oil field. The Houston-based company provided engineering, procurement, fabrication, pre-commissioning…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
Raytheon Anschütz, a German-based navigation system supplier, announced it delivered its 15,000th Standard 22 Gyro Compass in June 2014. The jubilee compass will replace a 30 year old Anschütz Standard 4 Gyro Compass onboard the superyacht Esmeralda…
Eni has entered into a production sharing contract (PSC) with state-owned PetroVietnam for the exploration of Block 122, off eastern Vietnam. The Italian firm’s CEO, Claudio Descalzi, met with PetroVietnam President and CEO, Do Van Hau, in…
The 2014-2018 Petrobras Business Plan foresees the allocation of US$10 billion in the oil and gas sector, including projects related to pipelines for gas transportation from the presalt area, such as Rota 3. Last week, Tenaris was awarded the supply in this important project and will provide…
Premier Oil's central North Sea Catcher field development plan has been approved by the UK Department of Energy and Climate Change. The Catcher area is expected to produce 96MM boe, with a peak production rate of around 50,000 bo/d. The…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Dong Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg, using Heerema Marine Contractor's Hermod heavy lift vessel (pictured). The 8400-tonne jacket arrived at its location…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
With June 1 marking the beginning of the 2014 Atlantic hurricane season, preparation efforts in the US Gulf of Mexico are a necessity for operators such as BP. BP, which operates four developments (Atlantis, Thunder Horse, Mad Dog, and Na Kika) located approximately 140-190mi…
On May 22, Pemex announced that the substructure of the Ayatsil B platform was floated out from McDermott International’s Altamira yard in Mexico's Tamaulipas state. Two years ago, McDermott announced that it received the contract for the new Ayatsil B drilling platform (May 2012)…
The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US exports of petroleum products to Mexico have increased. The US imported 850,000 bbl/d of crude oil from Mexico in 2013…
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