It is 30 years since the world looked on in horror as the terrible events of Piper Alpha unfolded. Lessons learned from that tragedy have ensured that the health and safety regime in the North Sea is entirely different now. How the legacy…
Chevron Pacific Indonesia (CPI) has obtained approval to drill 22 new wells at six fields in the Rokan block in Riau Islands, known as the country’s most productive oil block. Yanto Sianipar, CPI’s senior vice president for policy, government and public affairs, said the…
Poland’s biggest oil refiner PKN Orlen said on the 13th April that a shipment of 130,000 tonnes of Iranian crude oil has arrived at the Baltic seaport of Gdansk. Most of the oil refined in Polish refineries comes via pipelines from Russia, but state-run…
Slovenia has signed a five-year agreement with Russia’s state monopoly Gazprom for the supply of gas, praising cooperation with Moscow despite the crisis over Syria. Foreign Minister Karl Erjavec hailed the five-year deal as important for Slovenia’s economy. Official STA news agency quoted…
Fieldwood Energy LLC has acquired all of Noble Energy Inc’s deep-water oil and gas assets in the Gulf of Mexico. The acquisition was a key component of Fieldwood’s restructuring and recapitalisation plan, which was recently confirmed by the Bankruptcy Court for the Southern District…
The Faroe Petroleum-operated Oselvar and Trym fields off Norway have received a clean bill of health from Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), following an audit of pipelines and subsea facilities. The PSA said on the 13th April that the audit focused…
Offshore driller Odfjell Drilling has been awarded a conditional Letter of Intent (LOI) by Statoil for a drilling contract for Deepsea Atlantic rig for six firm wells with an estimated total duration of 18 months. The contract is scheduled to start in early first…
Sapura E&P and its partners Petronas Carigali Sdn Bhd and Sarawak Shell Berhad have taken the final investment decision to develop the Gorek, Larak, and Bakong fields as Phase 1 in the SK408 production-sharing contract. The FID follows the field development plan approval from…
Total has acquired assets in the Gulf of Mexico as part of Cobalt International Energy’s bankruptcy auction sale. Total submitted offers on several assets for a consideration of about US$300 million and has acquired from Cobalt: A 20% interest in the North Platte discovery….
SDX Energy Inc announced on the 12th April that it has made a gas discovery at its Ibn Yunus-1X exploration well at South Disouq, Egypt. Ibn Yunus-1X was drilled to a total depth of 9,068 feet and encountered 100.8 feet of net conventional natural…
