After deploying two drillships and a seismic vessel in Cyprus-claimed waters, Turkey is now sending the fourth vessel. Turkish minister for energy and natural resources Fatih Donmez tweeted on the 16th July that the Oruc Reis seismic vessel would join the TPAO vessel trio…
Petrobras and Uruguay’s government unveiled agreements allowing the return of two gas suppliers who had been ceded to Brazil’s state-run oil giant: Conecta SA and Distribuidora de Gas de Montevideo. The announcement was made by Petrobras on the 16th July. Petrobras CEO Roberto…
Ansuria Hibiscus UK Ltd, an indirect wholly owned subsidiary of Hibiscus Petroleum Bhd of Kuala Lumpur, has conditionally agreed to buy Licence P2366 offshore the UK from United Oil & Gas Plc and Swift Exploration Ltd. Licence Block 15/19b, 250 km north-east of Aberdeen,…
BHP expects to take an investment decision later this year on the Ruby gas project off Trinidad and Tobago, the company said in its latest results statement. Recently BHP completed Phase 3 of its deep-water drilling campaign around the islands: the Bélé-1, Tuk-1, and…
Reuters has reported that the Iraqi government has authorised the Ministry for Oil to sign an initial agreement with Netherlands-based Royal Boskalis Westminster to build an “offshore oil export installation“. Source: Iraq Business News
The estimated cost of decommissioning the UKCS’s remaining oil and gas infrastructure is continuing to reduce, according to the latest analysis by the Oil and Gas Authority (OGA). The ‘UKCS Decommissioning Cost Estimate 2019’ report, published on the 18th July, shows strong progress towards…
Extension of the Mildred Lakes bitumen mine by the Syncrude Ltd joint venture has been conditionally approved by the Alberta Energy Regulator. The addition of two mines will prolong Mildred Lake production by about 14 years after depletion of the existing Mildred Lake North…
Yinson Production has contracted Keppel Shipyard to perform a fast-track modification and upgrading of the FPSO Allan. The vessel will be deployed offshore Nigeria on the Anyala and Madu fields for operator First Exploration and Petroleum Development Company. Keppel Shipyard’s programme includes refurbishment…
Oil and gas company Premier Oil has said that drilling of the Tolmount East appraisal well located in the UK Southern North Sea will start shortly. In its trading and operations update on the 17th July, Premier said that drilling of the Tolmount East appraisal…
UAE-based Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) located offshore Indonesia. Mubadala Petroleum is the operator of both the…
