Pipeline operator TransCanada Corporation is seeing strong interest from oil shippers in locking up the remaining space on Keystone XL and expects it to be fully subscribed, its chief executive said on the 2nd August. TransCanada has not yet made a final investment decision…
Concho Resources Inc has revealed that, in the second half of this year, it plans to begin drilling “several development projects” on the acreage it acquired from RSP Permian Inc. In July, Concho completed its acquisition of RSP, creating the largest unconventional shale producer…
Norway’s TGS has kicked off acquisition the new Erlend Wild West multi-client 3D seismic project. Separately, the company has announced strong quarterly results. The UK survey will cover a minimum of 1,000 square kilometres in the UK West of Shetland region and ties into TGS’ existing…
Oil company Nexen has awarded Subsea 7 a pipeline bundle contract as part of the Buzzard Phase 2 field development in the North Sea. As part of the contract, Subsea 7 will build and install a five-kilometre Pipeline Bundle along with associated well and platform…
Indonesia’s state-owned Pertamina is behind schedule in terms of completing development wells at its Mahakam block in East Kalimantan, having only finished one quarter of this year’s planned total. Pertamina has earmarked US$1.7 billion for exploration, development and production activities in the Mahakam block…
BPs US$10.5 billion move to acquire most of BHP Billiton’s shale acreage in North America “signals a bold return by the UK oil giant to the lower 48 states,” according to Rystad Energy. In a statement posted on its website, the energy research company…
Woodside Energy has discovered gas in the Aung Siddhi prospect offshore Myanmar. The Aung Siddhi-1 exploration well encountered gas in two main targets: the upper target penetrated a 60-metre (197-foot) gas column with ten metres (33 feet) net of pay, while the lower intersected a…
Head of the Presidential Council of the Libyan Government of National Accord has met with the CEO of Eni to discuss future exploratory opportunities and development investments in the country. Eni said that Fayez al-Sarraj met with the company’s CEO Claudio Descalzi in Tripoli…
Norway’s Coast Centre Base (CCB) has been awarded a contract for a Special Periodic Survey of the Stena Spey offshore drilling rig. In a statement on the 1st August, CCB said it would carry out a five-year SPS of the rig as well as…
Early in July,, during a testy public exchange at a NATO summit, Donald Trump accused Germany of being “controlled” by Russia because of its dependence on Russian gas – a dependency Mr Trump said was 70%. In fact, Germany only gets 34% of its…
