One Billion Barrels from Troll BDec 21, 2016
Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.
BP Awarded 10% Interest in Abu Dhabi’s ADCO Onshore ConcessionDec 19, 2016
BP has signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest...
Shell Starts Oil Production from Malikai Deep-Water Platform in MalaysiaDec 14, 2016
Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah.
Delivering Greater Value from the Culzean ProjectDec 14, 2016
Maersk Oil CEO has announced that the capital costs of its marquee Culzean HPHT gas project have been reduced by USD 500 million as a result of higher drilling efficiency and robust upfront design and project planning.
Production Drilling Started on MarinerDec 4, 2016
Statoil reports that production drilling has started on the Statoil operated Mariner field in the UK North Sea. Up to five wells will be drilled before the Mariner A platform hook up...
Oda Field Development Plan SubmissionDec 1, 2016
Faroe Petroleum has announced that the partners in the Oda (previously named Butch) field (licence PL 405) have submitted the plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy.
BP Buys 10% Interest in Egypt’s Super-Giant Zohr Gas FieldNov 28, 2016
BP has announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for USD 375 million.
Fire on Scarabeo 5 ExtinguishedNov 23, 2016
Statoil reports that on Tuesday 22 November at 17:30 the drilling rig Scarabeo 5
reported a fire in one engine room. Around 20:30 the fire was reported put out.
Completion of Sale of BM-S-8 Exploration BlockNov 23, 2016
Petrobras has announced that the company has completed the sale of its stake in the exploration block BM-S-8 to Statoil Brasil Óleo e Gás LTDA, as announced on July 29, 2016.
Total and SOCAR Sign Agreement to Develop Absheron DiscoveryNov 22, 2016
Total and SOCAR, the national oil company of Azerbaijan, have signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field...
Midia Gas Development FEED Contract AwardedNov 18, 2016
Black Sea Oil & Gas SRL has announced that it has awarded, together with its co-venture partners, the contract for the Front End Engineering and Design (FEED) of its...
Start-Up of Production from Viper and KobraNov 11, 2016
Aker BP has announced the start-up of production from Viper-Kobra, which is tied back to the Alvheim FPSO. The project is developed on time and within budget.
BP and Oman Sign Extended Licensing AgreementsNov 9, 2016
BP and Oman Oil Company Exploration & Production have signed an agreement with the Government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA)...
Total Signs Heads of Agreement to Develop Phase 11 of the Giant South Pars Gas FieldNov 9, 2016
Total has signed a Heads of Agreement (HoA) with the National Iranian Oil Company (NIOC) for the development of phase 11 of South Pars...
Njord Facilities Selected as Preferred Concept for Pil & Bue DevelopmentNov 7, 2016
Faroe Petroleum has announced that the partners in the Pil & Bue discoveries (licence of PL586) have decided that a subsea development solution tied back to the Njord (Faroe 7.5%) platform...
Statoil Submits Trestakk Plan for Development and OperationNov 2, 2016
Statoil, on behalf of the license holders, has submitted a Plan for Development and Operation of the Trestakk discovery on the Halten Bank to the minister...
Statoil Increases Share in Byrding DevelopmentOct 31, 2016
Statoil has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS).
ExxonMobil Announces Significant Oil Discovery Offshore NigeriaOct 28, 2016
Exxon Mobil Corporation has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria.
Honeywell Automation to Control North Sea Platform Remotely from Onshore LocationOct 26, 2016
Honeywell Process Solutions (HPS) has announced it will provide advanced automation and safety solutions to enable remote onshore operation for an unmanned offshore platform in the North Sea...
Contract to Build Johan Sverdrup Pipeline Receiving Facility at MongstadOct 17, 2016
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive...
Interpretation of 3D Seismic at South DisouqOct 10, 2016
SDX Energy Inc., the Egypt focused oil and gas company, has updated the initial findings from interpretation of the 300 km2
of 3D seismic data...
BP and Area 4 Partners Sign LNG Sale and Purchase Agreement for Offshore MozambiqueOct 5, 2016
BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), have entered into a sales and purchase agreement...
DEA Submits Dvalin PDOOct 4, 2016
The Plan for Development and Operation (PDO) for the Dvalin field has been handed over to the Ministry of Petroleum and Energy in Norway by operator DEA.
Aquatic Secures Sizeable Deal with DeepOceanOct 4, 2016
Aquatic Engineering & Construction Ltd was challenged to devise an innovative way to make their customer’s project preparatory works more cost effective and time efficient.