Chevron has sanctioned a project to increase recovery in the St. Malo field, as the US based supermajor looks to maximize existing resources in the Gulf of Mexico.The waterflood project is Chevron’s first in the deepwater Wilcox trend and is…
The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…
Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…
Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…
Van Oord said it has been awarded the contract by Ørsted for the cable installation works at the Greater Changhua 1 & 2a offshore wind farms located between 35 and 60 kilometers off the west coast of Changhua County, Taiwan.Van Oord is responsible for the transportation…
Exxon Mobil Corp said on Wednesday it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.The sale could fetch up to $3 billion…
Wood said it will deliver brownfield modifications services to Equinor’s Martin Linge offshore installation on the Norwegian Continental Shelf (NCS).Awarded under an existing framework agreed in 2016, Wood has been appointed as the main contractor for maintenance…
Cooper Energy said it has been awarded the offshore exploration permit VIC/P76 located in the Otway Basin, offshore Victoria.VIC/P76 comprises an area of 162 square kilometers in water depths ranging from 60 meters to 70 meters. Commercial gas discoveries surround the permit…
A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…
The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced.The vessel was…
Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday.Output will rise to 500 million cubic feet of gas by the second quarter of 2020 when five wells are expected to be online…
Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilitiesReuters has reported it could take months for Aramco…
Norway's Equinor has discovered a gas field in its Eagle prospect in the Norwegian Sea, the energy company said on Tuesday, adding that it plans to extract resources via existing platforms in the areaThe company discovered the gas field along with Norwegian partners Aker BP and Wellesley Petroleum…
As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…
Norwegian energy company Equinor said it has started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea. Recoverable resources are estimated at around 40 million barrels of oil equivalent (boe) and daily production on plateau will be around 43…
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