Australian oil and gas company Woodside is preparing to spud the Shwe Yee Htun-2 appraisal well offshore Myanmar this month. The well, located in the Block A-6 in Southern Rakhine Basin, will appraise the volume, deliverability, and connectivity of the Shwe Yee Htun gas…
The Eastern Trough Area Project (ETAP) North Sea development, labelled by the Oil & Gas Authority (OGA) as the “poster child” for its Maximising Economic Recovery (MER UK) strategy, celebrates 20 years of production today, with the key hub expected to operate into the mid-late…
At the NATO meeting in Brussels, President Trump criticised Germany’s reliance on Russian natural gas: “Germany is totally controlled by Russia. They will be getting between 60 and 70 percent of their energy from Russia and a new pipeline.” President Trump’s point was that…
ConocoPhillips has awarded the midwater semi-submersible Transocean 712 a 13-well contract (about 580 days) in the UK North Sea. The contract is expected to begin in March 2019. The estimated firm contract backlog is about US$75 million. Additionally, the contract includes a one-well…
Norway’s Solstad Farstad has won new contracts and extensions of six offshore vessels. According to the shipowner, BP Egypt has declared the one-year option on the PSV Sea Swift resulting in continuous utilisation of the vessel through to August 2019. Equinor Brasil has…
Production efficiency (PE) on the UK Continental Shelf (UKCS) has improved for a fifth consecutive year, rising to 74%, according to a new report released by the Oil & Gas Authority (OGA). The 1% improvement from 2016 helped contribute an additional 12 million barrels…
Oil Search has expanded its exploration portfolio in the onshore Gulf Basin, PNG. In July 2018, Oil Search executed a farm-in to PPLs 474, 475 and 476 and PRL 39, located adjacent to the Elk-Antelope fields in PRL 15 in the Eastern Foldbelt, onshore…
The Oil & Gas Innovation Centre (OGIC) has awarded £330,000 (US$437,000) of support to five projects designed to cut operational costs and improve efficiency in the oil and gas industry. Five companies are co-operating with Scottish universities on the various programmes. TechnipFMC Umbilicals…
Australian oil company Triangle Energy has identified exploration prospects near its Cliff Head field off Australia which could hold a prospective volume of 29 million barrels. This is, according to Triangle, over 80 percent increase compared with a previous estimate of 15.7 million barrels….
Long-term customer MK Fintel Wind a d Beograd has placed an order for 20 V126-3.45 MW turbines for the 69 MW Kosava I wind park in Serbia. To accommodate the site’s specific wind conditions and maximise energy production while meeting the site’s tip height…
