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CNOOC Buys Two Carbon-neutral LNG Cargoes from Shell

Jun 22, 2020

China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC…

U.S. Gulf of Mexico: LLOG to Tie Back Taggart Field to Williams' Devils Tower Spar

Jun 17, 2020

U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore will tie back its Taggart development to midstream operator Williams' Devils Tower Spar offshore platform.Williams said Wednesday it would provide offshore natural gas and oil…

Asia's Largest Oil Industry Meeting APPC Will be Virtual

Jun 11, 2020

Asia's largest energy industry gathering, the Asia Pacific Petroleum Conference will this year take place virtually because of the coronavirus pandemic, S&P Platts said on Thursday.The conference will be held from Sept. 14 to Sept. 16, Platts said in a statement…

Croatia Working to Buy Back INA from MOL

Jun 10, 2020

Croatia expects to start talks with Hungarian energy group MOL on a possible buyback of shares in Croatian gas and oil company INA by the end of June, the country's Energy and Environment Minister Tomislav Coric said.Croatian Prime Minister…

CNOOC Brings Online Bohai Bay Oil Field

Jun 11, 2020

Chinese oil company CNOOC has started production from its Qinhuangdao 33-1S oil field phase I in the Bohai Bay.Qinhuangdao 33-1S is a shallow water oilfield, located in central and western Bohai with an average water depth of 21 meters. 'The…

Nigeria Exceeds OPEC+ Oil Output Cut Quota

Jun 10, 2020

Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse, the head of the Nigerian National Petroleum Corporation Mele Kyari said on Wednesday.Nigeria…

Neptune Gets License to Drill Wildcat Duo Off Norway

Jun 12, 2020

Neptune Energy has secured a regulatory consent to drill two wildcat wells at the Dugong prospect in the North Sea, offshore Norway.The consent, granted by the Norwegian Petroleum Directorate, concerns the drilling of wells 34/4-15 S and 34/4-15 A…

Premier Oil Agrees Deal with Creditor over Buying BP's North Sea Fields

Jun 05, 2020

Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around 15% of Premier's debt and has a large short position in its shares…

PSA Norway OKs Neptune's Gjøa Drilling Plans

Jun 01, 2020

Oil and gas company Neptune Energy has been given a regulatory consent to use the Deepsea Yantai drilling rig for production drilling at its Gjøa field, offshore Norway.According to the Petroleum Safety Authority Norway which gave the consent last week the drilling will take 240 days to complete…

Leviathan Gas for New Israeli Desalination Plant

May 27, 2020

The partners in Israel's offshore Leviathan natural gas field have agreed to sell about 2.5 billion shekels ($716 million) of gas to IDE Technologies for its planned desalination plant along the Israeli coast, according to a source familiar with deal…

Gas Output to Resume at Israel's Leviathan After Brief Halt

May 25, 2020

Production at Israel's offshore Leviathan natural gas field will resume in the coming hours after an emergency shutdown on Saturday, the project's operator Noble Energy said [on Saturday].The platform's flare system had been activated to burn off excess gas…

Largest Wind Turbines for U.S. Largest Offshore Wind Project

May 26, 2020

Siemens Gamesa Renewable Energy's new wind turbines with up to 15MW capacity have been earmarked for an offshore wind project in the U.S.First, the company on Tuesday morning said it was planning to deploy the giant SG 14-222 DD offshore Direct…

Neptune Energy Terminates Deal to Buy Edison's North Sea Business

May 19, 2020

Oil and gas company Neptune Energy has terminated the agreement to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean Oil and Gas. Neptune will pay a $5 million termination fee to Energean.The two companies had last year agreed…

K-CAT Digital Tool Supports Siem Offshore

May 11, 2020

Kongsberg Maritime reported that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the region of $68…

Neptune Gets Nod for Dugong Drilling with Deepsea Yantai Rig

May 06, 2020

Oil and gas company Neptune Energy has received regulatory approval to use the Deepsea Yantai rig for exploration drilling in the North Sea, offshore Norway.The Petroleum Safety Authority Norway said Wednesday it had granted Neptune the consent…

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