Oil company Kris Energy has signed an agreement with BP for the sale of its participating interest in the Andaman II PSC located in the Malacca Strait, offshore Indonesia. In late October KrisEnergy said it had accepted a binding letter of offer by an…
BP Trinidad & Tobago (BPTT) has announced that it has made a gas discovery through the Ginger exploration well, which is located offshore Trinidad. BPTT said the well has penetrated hydrocarbon-bearing reservoirs in fifteen segments and stated that “initial results are promising”. The well…
Karoon Energy Ltd, Melbourne, has contracted the dynamic positioning drillship Stena Forth to drill the company’s Marina-1 wildcat in the Tumbes basin offshore Peru. The well, in Karoon’s 40% owned and operated Block Z-38, is scheduled to be spudded early in first quarter 2020. Water depth…
Redflow batteries have stored and supplied more than 50 MWh (megawatt-hours) of renewable energy for a Vodafone NZ telecommunications tower in a remote part of New Zealand’s North Island. Vodafone New Zealand has met the challenge of bringing broadband connectivity to the remote Kauaeranga…
Jadestone Energy has executed a sale and purchase agreement (‘SPA’) with OMV to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, for a total headline cash consideration of US$50 million (subject to customary closing adjustments), to be funded from…
Equinor’s chairman has said its new Mariner project in the UK North Sea is now a “significant point of reference” for growing the international business. Jon Reinhardsen addressed an audience during an official opening event for the giant project east of Shetland in Aberdeen…
Premier Oil anticipates first gas from its Bison, Iguana and Gajah Puteri (BIG-P) fields offshore Indonesia by year-end. The three-well development drilling program finished in September, with installation completed last month of the subsea structures and flexible risers. Connection of the umbilicals is…
Equinor has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf and onshore plants in Norway. Equinor revealed on the 15th November that it has chosen suppliers for inspection services on all its offshore installations on the Norwegian…
Russian oil and gas company Lukoil has completed the construction of the first well as part of Phase 3 of the development of the Vladimir Filanovsky field in the Caspian Sea. Lukoil said on the 15th November that the well was drilled with the…
Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6 million. The company has been awarded work by ExxonMobil subsidiary Esso Exploration and Production Guyana at the Payara development…
