A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.Israel started exporting gas…
Oil major Shell has agreed to sell its upstream assets in Egypt’s Western Desert so for US$646 million plus contingent payments, so it can focus on its offshore assets in the country.Shell will sell the Western Desert assets to a consortium…
CGG, a France-based provider of seismic data for the oil and gas exploration industry, on Tuesday announced the second phase of its multi-client 3D survey in the Northern North Sea. The company has awarded the survey contract to Shearwater GeoServices…
The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…
Vysus Group, an engineering and technology consultancy, has been awarded a contract by Norway's Aibel for work on Equinor's Oseberg Field Center offshore Norway.The contract follows an award by Equinor to Aibel of a five-year portfolio deal…
Australian oil company Santos has chartered the Noble Tom Prosser jackup drilling rig to drill the Pavo-1 and Apus-1 exploration wells, offshore W. Australia, Carnarvon Petroleum, a partner in the project has informed.The company, which is working…
Jersey Oil and Gas, a UK-based company working to develop the Greater Buchan Area (GBA) oil production hub in the UK North Sea, on Wednesday said that the development concept for the project was selected, paving way for the farm-out process to start…
U.S. oil major ExxonMobil is set to drill another well in the Canje Block, offshore Guyana, after it was last week announced that the first well drilled -the Bulletwood-1 - failed to strike commercial oil volumes.ExxonMobil has now moved Stena…
Mooring systems provider SOFEC has informed that it has delivered the Upper Tower and Mooring Support & Yoke Structures for MODEC’sFPSO Miamte MV34 which will be deployed for Eni in Mexico.SOFEC was awarded a contract by MODEC in October 2018…
Denmark-based offshore drilling company Maersk Drilling has won a one-well contract with Petrogas E&P Netherlands for the harsh-environment jack-up rig Maersk Resolute.The Maersk Resolute will perform well maintenance and drill a side-track…
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and producers kept supply reined in.Brent crude was up 88 cents, or 1.4%, at $63.31 a barrel at 1320 GMT, after climbing to a session high of $63…
Malaysian oil company Petronas launched the Malaysia Bid Round (MBR) 2021, through a virtual event held on February 26 2021.'With 13 exploration blocks being offered, the MBR 2021 is set to open up more investment opportunities for investors…
COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account…
Oceaneering's Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract covering the Murphy Oil-operated Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.The work scope includes…
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