CNOOC Ltd. commenced production at its Panyu 10-2/5/8 project in the Pearl River Mouth Basin in the South China Sea, the company announced on 31 July 2014. This project includes three oilfields – the Panyu 10-2, Panyu 10-5 and Panyu 10-8 – with an average water depth of 100m…
Hong Kong-based CNOOC Ltd. announced the Lishui 36-1 gas field began production. The Lishui 36-1 gas field is located 150km from Wenzhou city Zhejiang province, with an average water depth of approximately 84m. The gas field has four producing wells…
Lime Petroleum Norway, a jointly-controlled entity of Malaysia-based Hibiscus Petroleum Berhad and Singapore-based Rex International, surrendered three licenses in the North Sea, following the deadline for a drill or drop decision by 23 July 2014…
A second production well on Nexen Petroleum's Blackbird field in the UK North Sea has reached 7000bbl/d under a constrained production test, according to partner Atlantic Petroleum. The well, 20/02a-B3, was constrained by surface equipment…
The US Energy Information Administration’s new “Today in Energy” brief looks at how Mexico’s crude oil exports to the United States have declined, while US exports of petroleum products to Mexico have increased. The US imported 850,000 bbl/d of crude oil from Mexico in 2013…
Minexco Petroleum Inc., the African focused private Oil and Gas Exploration Company, provided details of the petroleum agreement between its subsidiary AGM Petroleum and the Ghana National Petroleum Corporation (GNPC), for their joint project in the South Deepwater Tano Basin…
Brunei Shell Petroleum awarded Maersk Drilling a four-year contract for the jackup rig Maersk Completer for operations offshore Brunei. The contract will commence in December 201, in direct continuation of its current contract with Brunei Shell Petroleum…
Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
Technip has won a contract from Qatar Petroleum for the engineering, procurement, installation and commissioning of a bridge linked living quarters platform and a utility platform. The project location is within Qatar Petroleum offshore facilities…
Lundin Petroleum AB (Lundin Petroleum) began drilling of exploration well 16/4-7 in PL544. The well will target the Biotitt prospect, which is located some 35 km south of the Edvard Grieg Field and 46 km southwest of the Johan Sverdrup Field…
The Norwegian Ministry of Petroleum awarded 24 licenses in the country’s 22nd licensing round. The offerings include 20 production licenses in the Barents Sea and four in the Norwegian Sea. The agency granted 29 companies shares—including ConocoPhillips…
Anne Næss Myhrvold has taken over today as the director general of the Petroleum Safety Authority Norway (PSA). Born in 1996, she has worked for BP Norge since 2002 and has been a member of this company’s top management as head of health…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
AGR’s Petroleum Services in three-year accordPetroleum Services, part of AGR has been awarded a well management contract from independent Norwegian E&P company Noreco.The agreement commenced January 1, 2013 and includes well management services for an initial 3 year period…
Faroe Petroleum has won acreage in the Dreiki area on the Icelandic Continental Shelf. Faroe will operate seven license blocks south of the Jan Mayen Ridge inside the Arctic Circle northeast of Iceland. Faroe will hold 67.5% interest in blocks IS6708/8…
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