The Oil and Gas Authority (OGA) has published for the first time a Wells Strategy which provides a framework of how the OGA and industry will work together to deliver increased activity and improve performance. The OGA’s first Wells Insights Report, published in November…
Australia’s National Offshore Petroleum Title Administrator (NOPTA) has awarded 3D Oil Limited the VIC/P74 permit in the offshore Gippsland Basin. The 1,006 km2 permit is located on the southern side of the Gippsland Basin, adjacent the giant Kingfish oil field, 3D Oil said last…
As much as US$9 billion will be needed over the next decade just to throw away dirty water in the world’s busiest shale field, according to Raymond James & Associates Inc. The scale of the challenge is mind-boggling: drillers typically pump 30 Olympic-sized swimming…
Taiwan’s CTCI Corporation has formed a joint venture with McDermott International Inc to carry out work on a portion of the recently approved Saudi Arabian Basic Industries Corporation (SABIC)-ExxonMobil Corporation Gulf Coast Growth Ventures (GCGV) project, a 1.8 million-tonne/year ethane cracking complex in San Patricio…
Husky Energy has brought onstream two new infill production wells at its White Rose complex offshore Newfoundland. The central and southern drill centres have resumed normal operations, and following the recent installation of a new subsea flowline connector, the drill centres at North Amethyst…
Qatar Petroleum has entered into an agreement with Total for a share of exploration and production rights in two blocks offshore Guyana. Under the agreement, which is subject to customary regulatory approvals by the government of Guyana, Qatar Petroleum will hold 40% of Total’s…
China is still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation. Official customs data on the 26th July showed China imported 855,638 tons in June, the equivalent of about 209,000 barrels…
Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese drilling rig duo at the giant Al Shaheen offshore oil field in Qatar. Japan Drilling Company said on the 26th July that the 2008-built Hakuryu-10 and 2015-built Hakuryu-12 jack-up drilling rigs would…
YPF SA has reached a preliminary agreement with Excelerate Energy LP for a carrier charter to export LNG produced from Exmar’s Tango FLNG unit in Bahía Blanca, Argentina. The final agreement is expected soon, and operations are to start at the beginning of September….
Suncor Energy has sanctioned the Terra Nova asset life extension project offshore eastern Canada. This is designed to extend the life of the field and its FPSO, 350 kilometres (217 miles) south-east of Newfoundland, by around a decade until 2031, and is due to…
