OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…
Greenpeace activists who boarded the semisubmersible drilling rig Transocean Spitsbergen (pictured) 300km offshore Norway are now in the hands of Norwegian police, says Statoil. But, Greenpeace's ship, the Esperanza, has moved to the location where Statoil plans to drill…
Hungary’s MOL Group is eyeing North Sea operatorship and has deep enough pockets to do it. Elaine Maslin spoke to exploration director Alex Dodds (pictured). Hungary’s MOL Group is aiming to double its production within at least five years and then double it again after that…
Bids from Russia’s Gazprom and China’s China National Offshore Oil Corporation (CNOOC) have been included in the latest licensing round offshore Tanzania. The 4th Deep Offshore and North Lake Tanganyika Licensing Round closed on May 15…
GAC Russia is upgrading its supply base at the port of Novorossiysk to support offshore oil & gas exploration and extraction in the Black Sea. GAC Russia has already signed contracts to provide supply base support for operations from Novorossiysk on the northeastern Black Sea coast…
INPEX and Shell are investing in a project to construct a subsea optical fiber cable system incorporating the Ichthys and Prelude projects in Australia's Browse basin. The subsea fiber optic cable system, to be provided and operated by Nextgen Group…
Gazprom Neft has announced the signing of a three-year framework agreement on drilling and well reconstruction with drilling service provider Commonwealth of Independent States Eurasia Drilling Company Limited (EDC). Under the terms of this agreement…
Greenpeace activists this (Tuesday 27 May) morning boarded two oil rigs in an attempt to disrupt their planned deployment to areas within the Arctic Circle. A group of 30 activists in the Dutch port of IJmuiden occupied the GSP Saturn…
Norwegian drilling contractor Norshore is to carry out top hole drilling in the Malikai field in Malaysia as part of a contract with Sabah Shell Petroleum Company, Far Frontier Energy Sdn. Bhd. Norshore said the contract was a breakthrough…
Australia's ADX Energy has won 100% stake in an exploration permit offshore Italy, which it will operate through its wholly owned Italian subsidiary. The offshore exploration permit d 363 C.R-.AX was awarded by the Italian Ministry of…
UK heavy oil explorer Xcite Energy has entered into a collaboration agreement with Statoil and Shell over the Bentley and Bressay fields in the North Sea. The move could see the two heavy oil fields developed using the same infrastructure…
SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…
Schlumberger has launched a new technology, the GeoSphere reservoir mapping-while-drilling service, which has been tested in more than 140 wells worldwide. The new technology gives operators an opportunity to optimize well landing operations…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…