The Binh Minh 2 vessel completed a 3146km 2D seismic acquisition program in the Santos-operated SS-11 block, offshore Bangladesh. Block SS-11 covers an area of 4475sq km in the Bay of Bengal over the Bengal Fan. The majority of the block lies in shallow waters of up to 200m…
Sending electricity to offshore installations from onshore has been proven on the Norwegian Continental Shelf, but cost is a factor. Elaine Maslin reports. Total’s Martin Linge development. Image from Siemens…
Oil and gas industry sentiment in the UK plunged dramatically in Q4 2014, according to the results of a survey published today. Oil & Gas UK’s Business Sentiment Survey says optimism in the oil and gas industry fell 16 points to -23 points on a -50/+50 scale…
Italian explorer Eni sanctioned the Offshore Cape Three Point (OCTP) deepwater development project that will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years. Image from Eni…
Brazil’s PetroRio is acquiring 80% interest in the Bijupirá and Salema fields, offshore Brazil from Shell Brasil Petróleo. Image of the Fluminense FPSO. From Modec. The Bijupirá and Salema fields are located in the Campos basin…
The Bureau of Safety and Environmental Enforcement (BSEE) responded to an Energy XXI, GOM-operated platform that was damaged by a fire in South Timbalier (ST) Block 27 in the Gulf of Mexico. The unmanned ST 27 IA platform…
UK Prime Minister David Cameron has reinforced the government’s support for the North Sea oil and gas industry at a meeting with industry representatives, hosted jointly with Treasury ministers Danny Alexander and Priti Patel. Chief Secretary…
Petrobras encountered a light oil and gas discovery in the Sergipe basin, offshore Brazil. Map from Petrobras. The ultra deepwater discovery was made at the 9-SES-188D/9-BRSA-1280D-SES well…
Statoil has continued a contract award spree on its giant Norwegian North Sea Johan Sverdrup project, awarding Aker Solutions a US$590 million detailed engineering contract. Johan Sverdrup, which sits in on the Utsira High, 140km west of Stavanger…
Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…
Italy's Edison is to acquire Apache Beryl I's assets in license P185 Block 15/22 in the UK Central North Sea, including non-operated stakes in the Scott (10.5%) and Telford (15.7%) fields. This deal, which is subject to customary closing conditions…
In a year during which the oil price remained stable at circa US$100 per barrel until the last quarter when a significant collapse in commodity price began, activity levels in both the UK and Norwegian sectors have continued to show a distinct divergence…
High costs and weaker oil prices could drive cost cuts, which, while leading to a short-term drop in activity, would strengthen Norway's petroleum industry over the long-term, according to the Norwegian Petroleum Directorate (NPD). The…
Seismic acquisition began on the new Polarcus Capreolus 3D multi-client project over the Phoenix area in the Rosebuck basin, offshore Western Australia. The area contains the recent Apache-operated Phoenix South-1 oil discovery…
The world's oil and gas exploration companies are expected to cut capital expenditures 17% this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company, released Wednesday. The survey…
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