News

  • Rathlin begins drilling Cretaceous chalk at West Newton B

    Rathlin Energy (UK) Ltd has completed wellsite and access track construction work at the West Newton B site in PEDL183, East Yorkshire.   All permits and permissions are in place to start conductor drilling operations, and pre-operational conditions have been satisfied.   The active area…

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  • QP farming into ultra-deep-water block off Angola

    Qatar Petroleum has entered into a farm-in agreement with Sonangol and Total to acquire a 30% participating interest in block 48 offshore Angola.   Located in the ultra-deep-water Lower Congo basin, block 48 is about 400 km (249 miles) north-west of Luanda and 200 km…

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  • Turkey Confronts EU with New Energy Survey

    Turkey dispatched a drilling ship to an area off the southwestern coast of Cyprus on the 18th August, in a move which could fuel territorial disputes with EU member states in the eastern Mediterranean.   Ankara resumed its search of the contested waters last week…

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  • Iran Dishes Out 13 Oil Deals Worth US$1.7 billion

    The National Iranian Oil Company (NIOC) announced on the 17th August that the Iranian Offshore Oil Company (IOOC) and the National Iranian South Oil Company (NISOC) have signed 13 contracts with 14 local players worth around US$1.7 billion (€1.5 billion).   The deals will be…

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  • Greenpeace finds methane leak active for 30 years in UK North Sea

    Environmental group Greenpeace has located two large methane leaks at an old offshore well site in the UK North Sea.   Greenpeace said on the 17th August that its patrol ship Esperanza located two “gas-emitting craters” on the seabed.   According to the organisation, the…

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  • SeaRoc, JBA to support Choshi wind farm project offshore Japan

    Tokyo Electric Power Company Holdings Inc (TEPCO) has commissioned SeaRoc and JBA Consulting (JBA) to support the development of the Choshi offshore wind farm, a 370 MW-project off the coast of Choshi City, Chiba Prefecture.   If approved, the wind farm is expected to reach…

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  • Norwegian Firm to build Oil Tankers for Iraq

    Iraq’s Ministry of Oil, represented by the Iraqi Oil Tankers Company (IOTC), has concluded a contract with Norway’s Båtservice Mandal AS to build two oil tankers.   Oil Minister Ahsan Abdul-Jabbar Ismail said that this contract comes within the framework of the ministry’s plans to…

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  • Trump Admin Okays Arctic Oil Leasing

    On the 17th August the Trump administration authorised a sweeping plan to sell drilling rights and spur oil development in Alaska’s rugged Arctic refuge, setting up a possible auction by the end of 2020 and a political clash if the president loses the November election….

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