Australia’s Woodside Petroleum will exit the Lake Tanganyika South block it farmed into last July, according to partner Beach Energy. Beach Energy made the announcement on 27 May that Woodside decided not to enter the next phase of exploration on the production sharing agreement (PSA)…
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…
Atlantic Petroleum is withdrawing from, and farming out of two production licenses in the Norwegian Sea. Roald Rygg map. From Statoil. The company submitted a notice of withdrawal…
To develop its large fleet, Groen Offshore, Guard & Support selected the first Damen Twin Axe Fast Crew Supplier (FCS) 2610 to be customized with offshore oil and gas standby capabilities. The Netherlands-based company will deploy…
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…
Harris CapRock Communications, a provider of managed communications services for remote and harsh environments, has been selected by Hess Corp. to provide a turnkey, integrated telecommunications solution to support the Stampede offshore field development project…
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…
Applus RTD, provider of integrity technology services, will open an office in Corpus Christi, Texas following increased demand for its non-destructive testing (NDT) services from the region’s energy industry. The new office adds…
Newly formed Norwegian exploration firm Origo Exploration has given a boost to its exploration portfolio by signing three farm-in transactions involving four licenses: two on the UK Continental Shelf, and two on the Norwegian Continental Shelf…
A review of resources on the Norwegian Continental Shelf shows that the current recoverable volume of oil in fields and discoveries exceeds the estimated figure in 2005. Further, it presume that more oil remains to be discovered, according…
Wood Group Kenny (WGK) will provide technical advisory services for carbon capture and storage (CCS) policies, as well as potential projects across the UK, as part of a framework agreement with the Department of Energy & Climate Change (DECC)…
TGS has taken on a new CFO, accommodation vessel operator Prosafe's CFO Sven Børre Larsen. Larsen's start date has yet to be determined, says TGS, but it will be no later than 1 December 2015. Larsen has been CFO at Prosafe since 2011…
Aibel has been chosen to conduct a front-end engineering and design (FEED) study for Statoil's Oseberg Future Development Brownfield Topside project. The Oseberg Future Development Brownfield Topside project involves connecting what would…
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…
If the stars align, and if foreign investors and engineers are up for the challenge, Brazil’s massive oil and gas industry could be on the brink of a massive opportunity boom for non-Brazilian oil and gas companies. Conversely, with a major…
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