News

  • Premier prepares for Tolmount East appraisal well spud

    Oil and gas company Premier Oil has said that drilling of the Tolmount East appraisal well located in the UK Southern North Sea will start shortly.   In its trading and operations update on the 17th July, Premier said that drilling of the Tolmount East appraisal…

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  • Premier extends partnership with Mubadala in Indonesia

    UAE-based Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) located offshore Indonesia.   Mubadala Petroleum is the operator of both the…

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  • Turkey Vows to Keep Up Drilling Off Cyprus

    Turkey has rebuffed a set of punitive measures by the European Union and vowed to go ahead with its energy exploration in the eastern Mediterranean in a growing dispute with EU member Cyprus.   EU foreign ministers agreed on the 15th July to freeze most…

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  • Israeli round draws bids for 12 blocks

    Five companies have submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel’s second offshore licensing round.   The offered blocks are as large as 400 square kilometres, grouped in five zones as large as 1,600 square kilometres.  …

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  • Aker BP is Norway’s most successful driller this year

    Thirty exploration wells were completed offshore Norway during the first six months of the year, according to the Norwegian Petroleum Directorate.   Six discoveries resulted: four in the North Sea and two in the Norwegian Sea.   Aker BP, operator of production licence 869 in…

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  • Chevron Aims to Turn Canada LNG Plan Into Electric Design

    Chevron is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design which it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.  …

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  • Polish oil company enters another North Sea field

    PGNiG Upstream Norway, a Norwegian subsidiary of the Polish state-owned oil company PGNiG, has acquired 20% shares in the Duva field – PL 636 and PL636B licences – from Wellesley Petroleum.   The Duva field is an oil and gas development project discovered in 2016…

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  • OMV to add unit at Burghausen refinery

    OMV AG, Vienna, is investing €64 million to build a unit that will produce high-purity isobutene at subsidiary OMV Deutschland GmbH’s 76,300-b/d refinery in Burghausen, Germany.   The 60,000-tonne/year ISO C4 unit – which will be integrated into the refinery’s existing metathesis plant responsible for…

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