News

  • CNOOC Flows First Oil From Bozhong 19-4 Oilfield

    Chinese oil producer CNOOC Limited has started production from the Bozhong 19-4 oilfield comprehensive adjustment project.   Bozhong 19-4 oilfield comprehensive adjustment project is located in the south of Bohai Sea, with an average water depth of about 21 metres.   In addition to fully…

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  • ExxonMobil hires PGS for 3D survey offshore Suriname

    Petroleum Geo-Services (PGS) has secured a contract with ExxonMobil to undertake a 3D acquisition work offshore Suriname.   The vessel Ramform Tethys will commence the acquisition during Q4 2021. The seismic company plans to complete the project in Q1 2022.   “We are very pleased with…

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  • Turkey Reaches 10 GW Wind Energy Milestone

    Turkey has rapidly developed into a leading market for wind energy. The country lately celebrated an important milestone: it reached a cumulative wind energy capacity of 10,000 MW.   Turkey’s large territory and excellent wind speeds offer ideal conditions for wind energy production. Over the…

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  • Norway considers further petroleum tax changes

    The Norwegian government and the Ministry of Finance have issued proposals for potential changes to Norway’s petroleum taxation system from 2022 onwards.   Following a period of feedback, final changes should be enacted during the spring of 2022.   According to Longboat Energy’s latest results…

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  • Black Sea Oil & Gas Installs Gas Platform Off Romania

    Romanian energy company Black Sea Oil & Gas (BSOG) has installed its Ana offshore production platform in the Black Sea.   BSOG said that the Ana platform was the first offshore platform built and installed in Romania in the past 30 years.   Following the…

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