News

  • Eni produces first-ever oil offshore Mexico

    Eni has become the first international operator to produce oil offshore Mexico following the country’s Energy Reform.   Early production has started from the Mitzón 2 well on the Miztón field in Area 1 in the Campeche Bay offshore Mexico. This was the initial development…

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  • Equinor to spud Goddo well (16/5-8 S) in PL 815

    JV partner Concedo has reported that the Goddo well (16/5-8 S) in licence PL 815 is expected to be spudded shortly by operator Equinor.   A contingent horizontal side-track (16/5-8 A) will be drilled back to back with the main bore pending the contingencies.  …

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  • Tripoli NOC Has Sole Right to Export Crude

    Libya’s most powerful military leader said the state oil company in Tripoli has the sole right to sell the nation’s crude, a statement which might ultimately help stabilise production which has swung wildly for almost a decade because of ongoing conflict.   The National Oil…

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  • Ireland says no to offshore exploration ban

    Ireland’s offshore oil and gas association has welcomed the government decision last week to block a bill which would ban the issuing of further licences for oil and gas exploration and production.   Had it been passed into law, the Climate Emergency Bill proposed by…

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  • Iraq could surpass Saudi Arabia in Oil Production

    A senior oil executive has predicted that Iraq could surpass Saudi Arabia as an oil producer.   Addressing delegates at CWC‘s Iraq Petroleum conference in London, Majid Jafar, CEO of Sharjah-based Crescent Petroleum, said: “Iraq is hugely underexplored. We at Crescent know of 300 structures…

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  • Rotating Blades Power the Energy Transition

    Volkswagen Group is making a further contribution to future climate protection. To this end, the company is also pressing ahead with the decarbonisation of energy production.   VW Kraftwerk GmbH is installing four wind turbines at the MAN Truck & Bus SE site in Salzgitter….

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  • Sparrows lands first rigging maintenance deal in Qatar

    Sparrows Group, the provider of specialist equipment and integrated engineering services, has been awarded its first contract for the provision of rigging loft maintenance services in Qatar.   Sparrows said on the 4th July that the four-year contract includes the provision of services for the…

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  • Peru LNG Facility Hits Milestone

    On the 3rd July Okra Energy, LLC reported the small-scale natural gas liquefaction facility in Peru which applies the company’s technology has achieved a liquefied natural gas (LNG) production milestone.   The modular and scalable LNG plant in Colan, Piura province – Peru’s first such…

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