The consortium comprised of Petrobras, Shell, Total , CNPC and CNOOC secured the right to develop Brazil’s Libra block at the single-bid auction held in Rio de Janeiro on October 21. The Libra block is located in the Santos Basin ultra deep waters in the pre-salt polygon…
A consortium of companies, including Royal Dutch Shell plc, Petrobras, Total, CNPC and CNOOC, won today a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The Brazilian regulator…
The Wintershall-operated Asha East well offshore Norway has come up dry, partner Bridge Energy announced. The well will be plugged and abandoned due to no signs of movable hydrocarbons, Bridge said. The primary target in Asha East…
At the outset of the plenary session Tuesday morning, conference chair Malcolm Webb led the room in a moment of silent reflection for the victims, survivors, families, and rescue personnel involved in the helicopter crash off Shetland last week…
Noble Energy Inc. has hit 50ft of net natural gas pay in a high-quality Miocene reservoir at its Troubadour prospect in the deepwater Gulf of Mexico. The well was drilled to a total depth of 19,510ft by the ultradeepwater semisubmersible ENSCO 8501…
OMV discovered up to164 million barrels of recoverable oil in the Wisting Central exploration well 7324/8-1, within the Hoop-Maud Basin in the Barents Sea. The company found between 63 million and 164 million barrels of oil in the relatively shallow parts of the Barents Sea…
Energy company E.ON has said a gas discovery in block 42/28d in the UK southern North Sea is bigger than first thought. A well on the Tolmount discovery, 40km off the coast of East Yorkshire and to the west of the E.ON-operated Babbage gas field…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Devan International Ltd., a subsidiary of Keppel Corporation Ltd. (KCL), acquired a 20% shareholding interest in the enlarged share capital of KrisEnergy Ltd. KrisEnergy is currently an associated company of KCL. In connection with the acquisition…
Trans Adriatic Pipeline AG (TAP) announced today that BP Plc, Azeri SOCAR, France's Total SA, and Belgian Fluxys—members of the international consortium developing the giant Shah Deniz field in Azerbaijan—have exercised their option to join the Trans Adriatic Pipeline AG (TAP)…
This event aired on August 20, 2013 Click to AccessThe offshore oil and gas industry continues moving into deeper waters, creating challenges in operations that would be common place in shallow-water projects. New synthetic materials…
Gryphon Alpha FPSO Maersk Oil’s vessel, stationed about 280km northeast of Aberdeen in the North Sea, has undergone a major dry dock overhaul, while infield subsea infrastructure was removed and replaced. A 4D seismic survey and near-field drilling was also done over the area…
The ceremonial first cut of steel for the construction of the jackets on the Cygnus gas field project was celebrated today by operator GDF SUEZ E&P UK and partners Centrica Energy and Bayerngas at Burntisland Fabrication’s (BiFab) Methil yard in Fife…
Independent explorer Northern Petroleum has revealed well data from Italy’s ENI has given it extra confidence in its southern Adriatic Sea Cygnus prospect. Richard Latham, chairman of Northern Petroleum, said the newly available well…
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