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New BPZ Corvina well online

Dec 23, 2014

BPZ Energy completed the Corvina CX15-14D development well offshore Peru. Block Z-1 map. From BPZ.    The CX15-14D well is located in Block Z-1 and is to the west of the six previously drilled CX-15 wells…

MOL completes latest acquisition

Dec 22, 2014

Hungarian integrated oil and gas firm MOL Group has completed an acquisition of North Sea assets from London-listed Premier Oil.  MOL acquired non-operated interests in the Nexen-operated Scott (21.84%), Telford (1.59%) and Rochelle (15%) fields…

Chevron eyes new North Sea platform

Dec 15, 2014

Chevron North Sea is considering a new bridge-linked platform (BLP) on its Captain field in order to carry out an enhanced oil recovery (EOR) project, using polymers, on the field.  Newly formed engineering group Amec Foster Wheeler has…

Alphastrut completes BP North Sea contract

Dec 17, 2014

Alphastrut completed a seven-figure contract with BP for its Clair Ridge project. Image from BP.   The Alphastrut aluminium system was successfully installed on the BP Clair Ridge accommodation module…

Wood Group wins $750m BP contract

Dec 11, 2014

Wood Group PSN (WGPSN) has been awarded a five year contract worth about $750million by BP for engineering, procurement and construction services on six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth…

Kosmos eyes Irish prizes

Dec 08, 2014

Kosmos Energy and partner Europa Oil & Gas are eyeing exploration drilling on new prospects offshore Ireland following new 3D seismic data on frontier exploration licenses (FEL) 2/13 and 3/13 licenses in the South Porcupine Basin. Kosmos Energy acquired the new 3D seismic in 2013…

Hornsea Project One gets consent

Dec 10, 2014

The UK government gave consent for the Hornsea Project One offshore Yorkshire. Project One will be made up of three offshore wind farms with a maximum capacity of 1200MW and covers a 407km area located 64 mi. off the Yorkshire coast. Once built…

WHL eyes Seychelles leads

Dec 09, 2014

Australia's WHL Energy has identified new leads offshore after assessing the Junon 3D seismic dataset acquired within its offshore Seychelles project area. WHL Energy received an interim PreSTM data set for the Junon 3D seismic survey…

Ophir signs Myanmar PSC

Dec 05, 2014

Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…

Stone brings deepwater Cardona online

Dec 04, 2014

Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…

GlobalData: Australia should not overcommit to FLNG

Dec 02, 2014

While high development costs are deeming many Australian liquefied natural gas (LNG) projects economically unfeasible, the country should stay focused on these rather than gambling on floating liquefied natural gas (FLNG) technology too soon…

Pemex installs compression platform at Tsimin-Xux

Nov 26, 2014

Petróleos Mexicanos (Pemex) installed the CA-Litoral-A production processing and compression platform in the Tsimin-Xux development project in the Bay of Campeche, Gulf of Mexico (GoM). Image from Pemex…

Petrobras hits with Cidade de Ilhabela

Nov 24, 2014

Petrobras hit first oil with the floating production and storage offloading unit (FPSO) Cidade de Ilhabela in the Sapinhoá field in the pre-salt Santos basin, offshore Brazil. Cidade de Ilhabela. From BG Group…

ME: Gas and technology hungry

Nov 09, 2014

Middle East upstream growth will continue despite the current oil price dip, and the region is technology hungry. Hugh Fraser, Managing Partner, Dubai, for law firm Andrews Kurth, explains.  The Middle East upstream market is growing…

Keppel to buy LNG from Petronas

Nov 05, 2014

Singapore’s Keppel is in a deal with Malaysia’s Petronas to buy up to 1 million-tonne of liquefied natural gas (LNG) per year, over a period of 10 years. The deal is between Keppel Infrastructure Holdings through its indirect wholly-owned subsidiary…

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