Total and its partners have taken the investment decision for the second phase of the Mero project (Libra block), located deep offshore, 180 kilometres off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin in Brazil. This…
Maersk Drilling has announced that CNOOC Petroleum Europe, a wholly-owned subsidiary of CNOOC Limited, has exercised a one-well option for the Mærsk Innovator jack-up rig to continue drilling infill wells at the Buzzard field on the UK Continental Shelf. The option has an expected…
Oil rebounded from near the lowest level in five months after two tankers were damaged in a suspected attack in the Gulf of Oman. Futures in New York rose as much as 3.9% after the US Fifth Fleet said two tankers had been damaged….
Axxis Geo Solutions (AGS), an ocean bottom node seismic company, has signed a global master service agreement with an unnamed international oil company, covering marine services including ocean bottom nodal (OBN) acquisition and other methods. In connection with this agreement, AGS has received its…
Industry groups warned of further damage to Canadian oil and gas investment after federal Environment Minister Catherine McKenna rejected most amendments made in the Senate to a bill overhauling environmental review of energy projects. Telling the House of Commons that opponents of Bill C-69…
Reliance Industries Ltd (RIL) and BP have sanctioned the MJ (D55) project in block KG D6 offshore eastern India. MJ is a high-pressure/high-temperature gas condensate field in 700-1,100 metres (2,297-3,609 feet) of water. Well depth is 4,200 metres (13,779 feet). The wells will…
The Nordex Group has received an order for the installation of a 94 MW project in Poland. The “Pomerania” project is to be built in the north of the country, near the town of Sztum. The Nordex Group is to supply and install…
Mining and trading giant Glencore has put its oilfields in Chad up for sale, according to sources, in a retreat from its foray into oil production following asset write-downs over the past decade. Like its oil trading peers, Glencore expanded in the upstream sector…
The UK Prime Minister Theresa May has announced that the UK will “eradicate its net contribution to climate change by 2050,” but it is “imperative” that other nations follow suit, too. The oil industry can help meet the set targets, Oil & Gas UK…
ExxonMobil Corporation has completed a project to expand production of high-quality lubricant base stocks at affiliate ExxonMobil Asia Pacific Pte Ltd’s 592,000-b/d integrated, two-site refining complex on mainland Jurong and Pulau Ayer Chawan, Jurong Island, offshore south-western Singapore. The expansion, which began in 2017…
