A study by the University of Aberdeen has raised the prospect of new oil and gas finds in the North Sea following a study on ‘phantom’ volcanoes. The University of Aberdeen said on the 19th February that geologists from the University discovered that a…
According to Nola.com, a marine scientist has presented new oil release estimates for the Taylor Energy site, a toppled platform which has been leaking oil into the Gulf of Mexico for more than 14 years, whose upper limits are twice as large as previous estimates…
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. That is according to Rystad Energy, which said improved market conditions and lower well costs have led exploration and production players to “ramp up” their 2019 exploration activities…
Marine and oil and gas services provider James Fisher and Sons (JFS) has continued its expansion in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting (MSMC). JFS said on the 19th February that the acquisition of Saudi Arabia-based MSMC would add nearshore…
The HL5000 barge has installed the second offshore platform at the South Pars phases 22-24 project in the Persian Gulf. Pars Oil and Gas Company told news service Shana that ‘push-pull’ technology was applied to place the 2,300-ton 24A satellite platform structure at its…
Sarawak Shell Bhd. and Sapura Exploration & Production have let contracts to McDermott for work related to the linked development of three natural gas fields offshore Malaysia. The Shell unit’s contract covers transportation and installation of jackets, topsides, and pipelines for Gorek field. …
Together with E.ON, Audi is building a solar energy park on the roofs of the two logistics centres of its plant in Gyor covering about 160,000 square metres. This will create Europe’s largest photovoltaic system installed on a building at the Audi Hungaria plant…
Panoro Energy has provided an update on the Dussafu Production Sharing Contract (‘PSC’), offshore Gabon, including a new oil reserves review from independent reserves auditor Netherland, Sewell & Associates Inc (‘NSAI’) on the Tortue field located within the PSC. John Hamilton, Chief Executive Officer…
India is feasting on Venezuelan oil, after the US imposed a de facto ban on crude imports from the Latin American nation. While flows to the US came to a halt, India became the Number One buyer of Venezuelan crude in the first half…
Spanish energy company Repsol has made a major gas discovery onshore Central Sumatra. Indonesia’s upstream regulator SKK Migas confirmed the find at Repsol-operated Sakakemang PSC, according to Wood Mackenzie research director Andrew Harwood. “Repsol’s Kali Berau Dalam-2 well re-entered after well control problems…
