Total and its partners ExxonMobil and Oil Search have signed the Gas Agreement with the Independent State of Papua New Guinea defining the fiscal framework for the Papua LNG Project. This Gas Agreement allows the partners to enter the Front-End Engineering Design (FEED) phase…
BP has awarded KBR Inc.’s UK operating subsidiary the pre-FEED services contract for phases 2 and 3 of the Greater Tortue Ahmeyim project offshore the maritime border of Senegal and Mauritania. These next phases will expand capacity to deliver additional gas from an ultra-deep-water…
Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who is poised to issue an…
Italian oil and gas giant Eni has installed its Miztón platform offshore Mexico, making it the first foreign offshore oil asset installation in Mexico. Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos, CNH) approved Eni’s development plan for the discoveries of Amoca, Miztón and…
New Zealand Oil & Gas reports that the deadline for a decision about whether to drill an exploration well in the Clipper permit, east of Oamaru is to be extended by three years. Clipper contains the multi-tcf Barque prospect located about 60 kilometres east…
Five signs that the offshore oil and gas industry is recovering are starting to become clearer, with 2019 seen as a transition year and with offshore embarking on a multiyear trajectory starting in 2020. These were among the findings in a recent research report…
Researchers from the Technical University of Munich (TUM) will be visiting several villages in Mali every six months in the future. They are studying entrepreneurial activities following the construction of local solar power stations. Project director Frank-Martin Belz, Professor of Corporate Sustainability, explains why…
Shearwater GeoServices has been awarded a contract for a Barents Sea seismic acquisition survey with full data processing by the Norwegian Petroleum Directorate (NPD). Shearwater said on the 9th April that its Reveal software, which the NPD uses in-house, will be used for full onboard…
Rystad Energy estimates a further 35 high-impact exploration wells will be drilled offshore and onshore this year. Three are already under way: The Shell-operated Peroba well offshore Brazil, with a prospective resource estimate of 5.3 Bboe; Eni’s deep-water Kekra well off Pakistan (a potential…
Western Europe’s biggest petroleum producer is falling out of love with oil. To the dismay of the nation’s powerful oil industry and its worker unions, over the weekend the opposition Labour Party decided to withdraw its support for oil exploration offshore the sensitive Lofoten…
