WA oil and gas producers have welcomed the Western Australian Government’s decision to lift the hydraulic fracturing moratorium on existing onshore gas projects. ‘The independent scientific inquiry has confirmed that properly regulated, hydraulic fracturing is a safe practice. Hydraulic fracturing has been used safely…
Equatorial Guinea has cancelled all contracts with Subsea 7, it was announced on the 21st November, citing non-compliance with local content regulations. The country took a similar move against Canada’s CHC Helicopters in July. Equatoguinean Minister of Mines and Hydrocarbons Gabriel Mbaga Lima…
Vista Oil & Gas intends to invest US$157.4 million on two pilot projects in Vaca Muerta, targeting oil in Argentina’s biggest shale play. The Mexico City-based company signed an agreement last week with the Undersecretariat of Energy, Mining and Hydrocarbons of Neuquen to start…
Saudi Aramco has awarded a Long Term Agreement for Offshore Facilities (LTA) programme contract to a consortium of Royal Boskalis Westminster NV and Lamprell Plc, the recipients reported earlier this week. The LTA covers engineering, procurement, construction, transportation and installation (EPCI) contracts to support…
There will be a pick-up in oil exploration activity next year, compared with 2018, according to a new report from Fitch Solutions Macro Research. “On an annual average basis, revenues will be boosted by higher oil prices, while still compressed services costs will flatter…
Phase 14 of the South Pars field in the Persian Gulf is currently producing 28 MMcm/d of natural gas, according to news service Shana. Pars Oil and Gas Company CEO Mohammad Meshkinfam said installation had finished of platform C and production of sour gas…
FIRST Exploration and Petroleum Development Company has contracted the Aquaterra Energy/Maerlin Nigeria consortium to provide two Sea Swift conductor-supported offshore platforms. Both are destined for the Anyala and Madu fields in Oil Mining Leases 83 and 85 offshore Nigeria, in the Niger Delta basin….
Oil and gas exploration company Tullow Oil has farmed into licences located in the Indian Ocean offshore Comoros. Tullow said on the 29th November that it had agreed with Discover Exploration to farm into Blocks 35, 36 and 37, offshore the Union of the…
On the 29th November it was reported that the Trans Adriatic Pipeline (TAP) and the Trans Anatolian Pipeline (TANAP), being built to ship Azeri offshore gas to Europe, have been connected with a final “golden weld”, which physically connected the two pipelines. TAP, an 878 kilometre…
Japanese offshore drilling company JDC has entered into a drilling contract with Premier Oil for the provision of the Hakuryu-11 jack-up drilling rig. JDC said on the 26th November that the contract was awarded by Premier Oil Natuna Sea B.V. to JDC’s subsidiary company,…
