Germany’s Wintershall has received approval to start production from its Maria development offshore Norway in December, a year earlier than originally expected. The Norwegian Petroleum Directorate (NPD), a government agency responsible for the regulation of the petroleum resources on the Norwegian continental shelf, has…
Oil drilling in the Arctic National Wildlife Refuge took a significant step forward on the 15th November, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s north-east coast — tying it to tax reform. The…
Abu Dhabi National Oil Company (ADNOC) has advanced two projects which will increase its production by 380,000 b/d of crude oil. In the larger of the projects, the company entered an agreement with partners in supergiant Upper Zakum offshore field to boost production to…
Woodside Energy has completed this year’s exploration and appraisal drilling campaign offshore Myanmar. The company plans to factor the results into its field development planning process in the region. The Pyi Thit-1 well in offshore block A-6 intersected a gross gas column of…
The German plant manufacturer WeltecBiopower recently signed the contract for a biogas plant extension of the milk powder producer Estancias del Lago (EDL) in Uruguay. From late 2018, the plant with its eight digesters will generate a rated thermal input of more than six…
Cenovus Energy Inc has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of US$940 million. The sale is expected to close in the fourth quarter of 2017, subject to customary…
Premier Oil is set to extend the charter for the Voyageur Spirit FPSO in the North Sea. The oil company entered into a heads of terms with Teekay in November to extend the employment of the Voyageur Spirit FPSO unit on the Huntington field…
Australia-based oil and gas company Octanex has achieved first oil from its Ophir field, offshore Malaysia. The field started producing on the 10th October, however, Octanex made the first oil announcement on the 10th November. Namely, according to Octanex, ‘First Oil’ is contractually…
After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports from the region’s giant Kirkuk field, with the first deliveries expected within days, officials and trading sources said. In the weeks since September’s failed…
PentaNova Energy Corporation of , Vancouver, BC, has agreed to make acquisitions which will increase its working interest to 50% in the Llancanelo heavy-oil field in Argentina and allow work to begin on a joint development plan with YPF SA, Buenos Aires. The agreements…
