BP has approved a major expansion at the Atlantis field in the US Gulf of Mexico and has also identified significant additional oil resources which could create further development opportunities around the production hubs it operates in the region. The US$1.3 billion Atlantis Phase 3…
According to Wood Mackenzie, the energy intelligence group, five themes which will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development…
Mike Makowski to join Celebrus Risk Limited Celebrus Risk Limited has announced that Mike Makowski will be starting with the company in mid-January 2019 to assist the company with its plans to develop its own capacity for Oil and Gas risks from Russia and the…
Seadrill’s jack-up West Elara will start drilling production and injection wells in the current quarter on the Eldfisk field in the southern Norwegian North Sea. This follows approval from Norway’s Petroleum Safety Authority (PSA) for ConocoPhillips Skandinavia’s programme for the Eldfisk 2/7 S wellhead,…
Malaysia’s Sapura Energy has been awarded new contracts and contract extension in Angola and Malaysia with a combined value of approximately RM760 million (US$184.8 million) . The contracts were awarded to Sapura’s wholly-owned subsidiaries for drilling and engineering & construction services. In Angola, Sapura Energy…
Shell Australia’s Prelude floating LNG (FLNG) project in the Browse basin off north-west Western Australia has started production. The company reported it had opened the subsea wells in the field to enter the project’s start-up and ramp-up phases, the initial stages during which gas…
After introducing wind energy to Sri Lanka with a demonstration project 19 years ago, Vestas returns to the country and will install the country’s first large scale wind park, the 104 MW Mannar Wind Power Project. The order includes Engineering, Procurement and Construction (EPC)…
ONGC Videsh (OVL), the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation (ONGC), the National Oil Company of India, has registered a significant discovery of oil in its onshore block CPO-5, Colombia, in the Llanos Basin. OVL, which is operator, holds…
ExxonMobil has made changes to a 3D survey contract in South America with PGS, excluding one of the two vessels from the deal following a December incident with the Venezuelan navy. The contract for two Ramform Titan-class vessels to conduct the 3D survey in South…
A project to make the Corpus Christi Ship Channel (CCSC) – on the western Gulf of Mexico – more accessible to larger oil tankers and other vessels has taken a major step forward. The US Army Corps of Engineers (USACE) has awarded a US$92…
