Chariot, a company looking to develop the Anchois offshore gas discovery in Morocco, has found a buyer for the field's gas as well as a partner.The company said Thursday it had signed a Memorandum of Understanding ('MOU') with an unnamed 'leading international energy group…
Norwegian oil and gas company OKEA, the operator of the giant Draugen platform off Norway, is working on a project that will see the offshore oil production facility powered by floating wind turbines.The news was shared by the recently formed…
Oil and gas company Neptune Energy has started drilling the first of four production wells on the Fenja field in the Norwegian Sea.The wells are being drilled by the Deepsea Yantai semi-submersible rig, owned by CIMC, and operated by Odfjell Drilling…
Oil major Shell is set to move the Valaris 122 jack-up drilling rig in the North Sea from the Shearwater field to the Jaws well site in preparation for drilling activities.This is according to Kingfisher Bulletin, a website that provides the…
Austrian oil and gas company OMV has agreed to sell its 25% stake in the Wisting offshore oil field in the Barents Sea off Norway, to the Swedish oil firm Lundin Energy for $320 million. OMV, which discovered the oil field in 2013, said it was focusing increasingly on low-carbon projects…
Danish offshore drilling firm Maersk Drilling has completed the sale of its Maersk Inspirer combined drilling and production unit to Havila Sirius for $373 million.The unit has been deployed at Repsol's Yme oil field in the North Sea and has recently started producing oil…
Irish oil and gas company Providence Resources has started a well site survey over the block containing its undeveloped Barryroe oil and gas field in the North Celtic Sea Basin, located c. 50km off the south coast of Ireland.'Providence is pleased…
The UK oil and gas industry regulator Oil and Gas Authority (OGA) has opened an investigation into the proposed sale by ExxonMobil of 13 producing fields, specifically Elgin Franklin, to NEO, amid concerns it is not progressing as quickly as expected…
Global oil major ExxonMobil Corp is looking at buying a stake in some of the local deepwater fields of Indian explorer Oil and Natural Gas Corp, oil secretary Tarun Kapoor said on Friday.India, the world's third-biggest oil importer, and consumer…
Oil and gas giant Shell has started production from the Arran gas and condensate field in the UK North Sea.Shell's Arran development is part of the broader Central Graben Area Plan, and is developed as a tie-back via a new pipeline to Shell's Shearwater offshore platform…
A complete subsea factory may yet be a pipe dream. However, with its constituent parts now more or less ready, the industry has a much greater toolbox of technologies with which it can now apply to existing and new subsea developments. But is there willingness…
The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year.The move is the latest effort by the U.S. Department of Interior to comply…
Canadian Prime Minister Justin Trudeau on Tuesday sparked concern in the country's oil patch and hope among green advocates when he named two men with strong environmental records to lead his government's fight against climate change.Steven…
A disruption at a gas well in Indonesia's Merakes gas field is likely to affect the project's production for as long as six months, an official at the country's oil and gas regulator said on Thursday.The disruption, caused by a sand blockage…
East Timor wants to press ahead with plans for a carbon capture and storage (CCS) project in a depleted oil and gas field off its coast as it races to fill a multi-billion dollar revenue hole starting in late 2023 when the field dries up.The…
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