Russian arctic oil exploration is facing an uphill battle against international sanctions and low oil prices. But, the country’s oil companies and government are still keen to find produce their icy black gold. Eugene Gerden reports. The…
Towards 2025, deepwater exploration and production will save the offshore industry, Norwegian energy analysts Rystad said in a recent presentation. According to Douglas Westwood’s World Deepwater Market Forecast, 2014-2018, deepwater spending is due to rise by 130%…
Murphy Oil completed and achieved first production at its Medusa SS #6 well in the Gulf of Mexico, according to partner W&T Offshore. Medusa SS #6 is located in the Medusa Field, in Mississippi Canyon 538/582 approximately 100m south of New Orleans…
Tullow Oil began exploration drilling at the Zumba prospect in the Norwegian Sea, according to partner North Energy. The Leiv Eiriksson. From Ocean Rig. Zumba is located in production licence 591…
Total achieved a milestone of producing a cumulative 2 billion bbl from its operated deep offshore Block 17 located 150km off the coast of Angola, Africa. CLOV. From Total. With the recent start up of CLOV…
China National Offshore Oil Corp. (CNOOC) discovered a mid-sized oil find at Liuhua 20-2 in the eastern South China Sea. Oil was found at the LH20-2-1 well, located at the Liuhua 20-2 structure in Northern Slope Belt of Baiyun Sag in…
Pemex’s board of directors approved a restructuring plan for its subsidiary Pemex Exploration and Production (PEP) on 22 May, the Mexican national oil company announced. The board of directors created a steering committee for PEP, designating Juan Javier Hinojosa Puebla…
In a potential stroke of good news for Noble Energy, the Director General of the Israeli Antitrust Authority, David Glio, announced his resignation on 25 May. However, Glio will remain in his role until August. Glio’s resignation is notable…
OMV's Maari MR7A development well is now online offshore New Zealand, according to joint venture partner Cue Energy. Map of PMP 38160. From Cue. The Maari MR7A well is located in PMP 38160 in the Taranaki basin…
On 20 May 2015, ExxonMobil (45% and operator) announced a discovery at its Liza-1 well on the Stabroek Block offshore Guyana. The well was spud on 5 March and drilled to an Upper Cretaceous fan play at a depth of 5433m in 1743m of water.…
India’s petroleum minister Shri Dharmendra Pradhan led a delegation to Mexico and Colombia this week to meet with officials in each country in hopes of transforming the relationship among the three countries from “buyer-seller” to an “energy partnership…
BG Group announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group's Australian subsidiary, from Bechtel Australia, which constructed the facility. QCLNG…
ExxonMobil confirmed a significant oil discovery on the Stabroek Block found 120mi offshore Guyana. The well, spud on 5 March 2015, was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana, and encountered more than…
DONG Energy has taken on the offshore wind market—and it is winning. Elaine Maslin explains. A2SEA’s new wind farm installation vessel, the Sea Installer. Images from DONG Energy. In a short period of time…
Gregory Hale highlights the importance of both safety and following proper security protocols. The April Pemex blast on a dehydration and pumping platform in the Gulf of Mexico showed that incidents will happen in a dangerous environment…
Subscribe
