News

  • Northern confirms long-term jack-up deals with Qatar Petroleum

    Offshore drilling contractor Northern Offshore has signed Letter of Awards for two long-term contracts for its new-build jack-up drilling units with Qatar Petroleum.   Northern Offshore said on the 9th May that the rigs to be hired by Qatar Petroleum are the premium, heavy-duty Energy…

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  • Indonesia opens 2019’s second licence round

    The government of Indonesia has opened the year’s second oil and gas licensing round, in which two of four blocks on offer were part of the earlier round, the Jakarta Post reports.   Oil production has occurred on one of the blocks, West Kampar on…

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  • Anadarko and Oxy sign takeover deal

    The US oil company Anadarko has agreed to be acquired by Occidental Petroleum after Chevron said on the 9th May that it would not raise a previously placed takeover bid.   Following Chevron’s announcement, Anadarko said it had entered into a definitive merger agreement with…

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  • POGC head outlines South Pars gas targets

    Gas production from the South Pars field in the Persian Gulf should increase by 60 MMcm/d by end-March 2020, according to news service Shana.   Mohammad Meshkinfam, CEO of Pars Oil and Gas Company, said that five new platforms would become operational in the field…

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  • Iranian Oil Shipments Slide Under US Sanctions

    Iran’s oil shipments tumbled this month after the US ended sanctions waivers which allowed eight governments to buy from the Persian Gulf country.   So far, not a single ship has been seen leaving Iran’s oil terminals for foreign ports in tanker tracking data compiled…

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  • Peshkabir has generated US$1 billion, 4x Total Spend

    DNO, as operator of the Tawke field in Iraqi Kurdistan, has issued an update on licence activity.   Gross production from the Tawke licence, containing the Tawke and Peshkabir fields, averaged 126,759 bopd during the first quarter of 2019.   Tawke production currently averages about…

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  • Eni sees more potential in Ghana strike

    Eni said a natural gas and condensate discovery offshore Ghana has gas and oil potential requiring further drilling.   Its Akoma-1X well proved a single gas and condensate column in a 20 metre-thick Cenomanian sandstone reservoir with good petrophysical properties.   The Maersk Voyager drillship…

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  • Technip FMC wins Barossa subsea production system deal

    Australia’s Santos has said the subsea production system (SPS) deal for the Barossa project has been awarded, strengthening the project’s position as the leading candidate for Darwin LNG (DLNG) backfill.   Following a competitive tender, Technip Oceania was the successful bidder to supply the SPS….

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