Wintershall Dea removes Dutch North Sea platform topside

Oil and gas company Wintershall Dea has dismantled one of its platforms in the Dutch part of the North Sea.   Wintershall Dea said via its social media channels on the 14th June that it had removed the topside from its E18-A platform on the…

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Schulich Buys 5 Percent of MEG Energy

Canadian investor Seymour Schulich said he has bought about 5% of MEG Energy Corporation for the first time “in the last couple of weeks,” underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.   “We’ve got a window…

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Rosneft and the Future of Iraqi Kurdistan Gas

Over the past year, the gas-exporting ambitions of the Kurdistan Region of Iraq (KRI) appeared, finally, to brighten.   Last May, Rosneft and local authorities signed a business development agreement to forge “an integral plan to progress the gas business” in the semi-autonomous region. A…

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Russia’s Kharyaga field starts gas sales

Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of north-western Russia.   The Russian company estimated marketable gas sales at 18 million cu m/year. The Usinsk processing plant operated by Lukoil-Komi LLC processes…

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Alternative energy, exploration in vogue offshore Australia

Renewable energy solutions for upstream projects were among trends highlighted at the recent APPEA 2019 conference in Brisbane, staged by the Australian Petroleum and Production Association.   Adele Long, Wood Mackenzie’s Australasian senior research manager, singled out Darwin LNG in Northern Australia, which according to…

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Total Launches Phase 2 on the Giant Mero Field Development

  Total and its partners have taken the investment decision for the second phase of the Mero project (Libra block), located deep offshore, 180 kilometres off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin in Brazil.   This…

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Oil Tanker Attacks Spark Price Rebound

Oil rebounded from near the lowest level in five months after two tankers were damaged in a suspected attack in the Gulf of Oman.   Futures in New York rose as much as 3.9% after the US Fifth Fleet said two tankers had been damaged….

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AGS inks master service agreement for ocean bottom nodal acquisition

Axxis Geo Solutions (AGS), an ocean bottom node seismic company, has signed a global master service agreement with an unnamed international oil company, covering marine services including ocean bottom nodal (OBN) acquisition and other methods.   In connection with this agreement, AGS has received its…

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