The first well offshore The Gambia in nearly 40 years could spud later this month, according to the country’s Petroleum Minister Jerreh Barrow. Australia’s FAR and partner Petronas have contracted the drillship Stena DrillMAX to drill the Samo prospect in offshore block A2, west of…
Chevron Corporation is selling its last remaining oil exploration licence in Norway, putting it one step closer to a full retreat from the aging North Sea basin as the US major seeks higher returns elsewhere. Chevron’s activity off Norway has been limited for years,…
On the 10th October Novatek said that its subsidiary Arctic LNG 3 had wrapped up the drilling of the first exploration well located in the North-Obskiy licence area, confirming a discovery of a new natural gas and gas condensate field. The well was spudded in…
Frontera Energy has announced a light oil discovery from its Acorazado-1 exploration well on the 100% owned and operated Llanos-25 block in Colombia. Frontera also provided an operational update highlighting current production, major project activities and details regarding the fourth quarter drilling campaign. Richard…
Russia hopes to resume pipeline imports of natural gas from Turkmenistan after slashing them in 2015 in a dispute over pricing. According to Radio Free Europe, Gazprom Chief Executive Officer Aleksei Miller told an interviewer from a state-controlled television station in Ashgabat that he…
Aqualis Offshore has completed the float-over installation of the REGAS topsides offshore Bahrain. GS E&C contracted the company to provide engineering and supervision services related to the loadout, transport, and float-over of the topsides for the Bahrain LNG import terminal project. The 7,000-metric…
The Norwegian authorities have given approval to Equinor for continued use of the Snorre A and Snorre B platforms through 2040. “The Norwegian Petroleum Directorate believes there is a basis for continuing operations on Snorre A and B to produce remaining resources in the field.”…
Offshore driller Maersk Drilling has been awarded a contract for the semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste. Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for the…
Irving Oil has announced that a “major incident” has occurred at its Saint John refinery in Canada. “We can confirm that a major incident has occurred at our Saint John refinery this morning (8th October). We are actively assessing the situation at this time…
Libya’s National Oil Corporation (NOC), BP and Eni have signed an agreement which is expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya. The parties agreed to work towards Eni acquiring…
