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Azerbaijan: Shah Deniz Gas Field Nears Plateau as Deep-water Flank Brought Online

Jul 06, 2021

Azeri Shah Deniz giant offshore field is set to near its plateau gas production goal by starting up the East South deep-water flank, project leader BP said on Tuesday.The giant Shah Deniz gas project in the Caspian sea, split into two phases…

Report: SOCAR Says Platforms Safe after Fire Offshore

Jul 05, 2021

Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast…

Equinor's Martin Linge Field Brought Online after Years of Delays

Jul 01, 2021

After years of delays, and hefty cost overruns Equinor's Martin Linge oil and gas field in the North Sea off Norway, has come on on stream.The field, which was originally expected to start producing in 2016, finally started production on Wednesday at 21…

CNOOC Starts Production from Weizhou 11-2 Phase 2

Jun 28, 2021

Chinese oil company CNOOC said Monday it had kicked off production from Weizhou 11-2 oilfield phase II project.The Weizhou 11-2 oilfield phase II project is situated in the South China Sea's Beibu Gulf, at a water depth of around 40 meters.'In…

U.S. Gulf of Mexico: LLOG Brings Online Praline Field

Jun 23, 2021

Oil and gas firm LLOG on Wednesday announced the first production from its Praline offshore field, located in Mississippi Canyon Block 74 in the U.S. Gulf of Mexico.The Praline well was drilled in 2,600 feet of water to a total depth of 13,400 feet and discovered over 125 feet of net hydrocarbons…

PSE Kinsale Energy Charters Siem Pearl AHTS for P&A Support in Ireland

Jun 17, 2021

Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd, the Irish subsidiary of the Malaysian oil giant Petronas, which…

Tailwind Energy Completes Acquisition of Decipher Energy

Jun 08, 2021

UK-based oil and gas company Tailwind Energy has completed the acquisition of Decipher Energy an oil and gas company with assets in the UK North Sea.Decipher Energy owns 100% operated interests in Licence P.1606, covering the Orlando field, and Licence P…

Cambodia Unclear on Oil Plans as KrisEnergy Heads Towards Liquidation

Jun 10, 2021

Cambodia's government said on Thursday it had no immediate plan for maintaining oil production in the country, after its partner KrisEnergy announced it was headed to liquidation, just five months after extracting the country's first drop of oil…

Despite Growth, Renewable Energy Use in The Netherlands Falls Short of EU Target

May 31, 2021

The use of renewable energy in the Netherlands increased by almost a fifth last year but still fell short of European standards, the Dutch national statistics office said on Monday.Solar, wind, biomass and other sustainable sources together delivered 11…

Talos Energy Says Gulf of Mexico Well Successful

Jun 04, 2021

U.S. oil company Talos Energy on Thursday said its drilling operation at the Gulf of Mexico Tornado 3 well was a success.The company said its Tornado 3 sidetrack well ('Tornado Attic' well) successfully discovered pay in-line with pre-drill expectations…

KrisEnergy Files for Liquidation as Apsara Field Fails to Deliver

Jun 04, 2021

KrisEnergy, an oil and gas company focused on Southeast Asia, said Friday it had filed a winding-up petition and that it would proceed to liquidation due to its inability to pay debts.KrisEnergy warned about this outcome back on March 31 when it said that the production from the Apsara field…

Archer to Complete DeepWell Buy in 'Next Few Days'

May 31, 2021

Oilfield services company Archer is set to complete the previously announced acquisition of rival DeepWell.'The completion of the acquisition [of DeepWell ] was conditional on obtaining necessary regulatory approval. Such approval was granted today by the Norwegian Competition Authority…

Indian Refiner Says will 'Definitely' Buy Iranian Crude if Sanctions Lifted

May 20, 2021

Indian Oil Corp, the country's top refiner, said on Thursday it would resume purchases of Iranian oil if Washington lifts sanctions against Tehran over its disputed nuclear program.The European Union official leading talks to revive Iran's nuclear…

Australia's Offshore Decommissioning Levy Arbitrary and Disappointing, ExxonMobil, Chevron Say

May 20, 2021

U.S. oil majors Exxon Mobil Corp and Chevron Corp on Thursday branded Australia's proposed industry-wide levy to cover the cost of decommissioning an offshore oil field, which neither has had any stake in, as 'arbitrary' and 'disappointing'…

New Fortress' Floating LNG Plans Boosted by Maersk Drilling Rigs Buy

May 18, 2021

Maersk Drilling sold two oil drilling rigs to U.S.-based energy infrastructure company New Fortress Energy Inc (NFE) which it will convert into floating liquefied natural gas (LNG) facilities, the companies said on Monday.Maersk sold the jack…

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