News

  • GeoPark announces new Argentina acquisition and YPF partnership

    GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, has announced further expansion in the Neuquen basin in Argentina with the acquisition of Los Parlamentos block in partnership…

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  • Sapura hits gas offshore Sarawak

    Sapura Energy Berhad has made its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract (PSC).   Sapura Energy’s wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc; “Sapura…

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  • Azeri gas pipeline network inaugurated

    Ilham Aliyev, Azerbaijan’s president, has inaugurated the new Southern Gas Corridor pipeline network which will carry gas from the Shah Deniz field in the Caspian Sea to Turkey this year and to Western Europe from 2020.   The newly-expanded BP-operated Sangachal terminal near Baku is…

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  • Nord Stream 2 pipeline gets construction permits from Russia and Sweden

    Gazprom’s subsidiary Nord Stream 2 AG, a developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea, has received construction permits in Russia and Sweden. On the 7th Junue  Nord Stream 2 received the construction permit for the Russian section of the planned…

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  • Aker BP sets one billion barrel target for Alvheim

    On the tenth anniversary of production from the Alvheim area fields, Norwegian oil company Aker BP has launched a new vision which would see it produce one billion barrels of oil from the fields located in the North Sea.   On the 8th June, Aker…

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  • Iraq’s Oil Ministry makes first Direct Shipment of Crude

    Iraq’s Ministry of Oil has made its first direct shipment of crude oil since 1991.   The two-million barrel shipment was made via its subsidiary company, the Iraqi Oil Tankers Company (IOTC).   It will be delivered to a US-based customer of the State Oil…

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  • TechnipFMC to upgrade Pluto platform for water handling

    Woodside Energy has commissioned TechnipFMC to upgrade the Pluto production facilities offshore northwest Australia for water treatment.   The contract includes engineering, procurement, construction, installation, and commissioning (EPCIC) of the water handling module on the Pluto Alpha gas production platform, comprising facilities for water separation…

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