News

  • Pukatea-1 Well Onshore New Zealand Spuds

    Melbana Energy Limited revealed on the 24th January that the Pukatea-1 exploration well onshore New Zealand has spudded.   The well is being drilled by the Nova-1 rig, from the same drilling pad as the Puka-1 and Puka-2 wells, to a total depth of approximately…

    Read more
  • Test planned of Balcombe well in England

    Angus Energy Plc, London, will begin testing a sidetracked appraisal of the Balcombe oil field discovery in southern England “at the earliest opportunity” after becoming operator via farm-in.   It has entered a definitive agreement to form a new partnership with the existing licensees, Cuadrilla…

    Read more
  • Aberdeen’s OGTC Plans to Invest Millions to Tackle Key Challenges

    Aberdeen’s Oil & Gas Technology Centre (OGTC) plans to launch ten ‘Calls for Ideas’ in 2018 and invest millions in order to tackle ‘key’ industry challenges.   The Centre’s Calls for Ideas programme seeks to identify, fund and support innovative ideas and concepts from inside…

    Read more
  • Hempel Launches New Hull Performance System SHAPE

    In response to the global shipping industry’s continuing focus on fuel efficiency, worldwide coatings manufacturer Hempel has launched its new Systems for Hull and Propeller Efficiency (SHAPE).   Based on the ISO 19030 framework, SHAPE combines elements of hull and propeller efficiency optimisation, delivering expert…

    Read more
  • Japan navy spots tanker alongside North Korean ship

    Japan’s Foreign Ministry says a Japanese navy surveillance aircraft has spotted a Dominican-flagged oil tanker apparently transferring fuel to a North Korean tanker in the open seas.   A ministry statement said on the 24th January that the possible transfer in violation of UN Security…

    Read more
  • Maersk Interceptor jack-up cleared for use in North Sea

    Norway’s offshore safety regulator, the Petroleum Safety Authority (PSA), has given its consent to Aker BP to use the Maersk Interceptor jack-up rig in the North Sea.   The consent covers the use of the Maersk Interceptor rig for drilling and completion of two water…

    Read more
  • China passes South Korea as Number Two LNG importer

    China’s General Administration of Customs has confirmed what liquefied natural gas industry insiders have been speculating for weeks: There is a new Number Two in town.   China imported 38.1 million tons of LNG in 2017, according to customs data released on the 23rd January….

    Read more
  • Oil rally pauses on signs US crude tanks start to fill again

    Oil’s advance slowed after prices hit a new three-year high amid signs that US crude stockpiles increased last week.   Futures were little changed in New York after closing on the 23rd January at the highest level since December 2014. Industry data signalled inventories rose…

    Read more
  • Premier lifts first cargo of Catcher oil

    Premier Oil has lifted the first export cargo of oil of approximately 500,000 barrels from its Catcher development set in the UK sector of the North Sea.   The development was brought on stream on the 23rd December 2017, and the first cargo was lifted on Tuesday,…

    Read more