Subsea company DOF Subsea has been awarded three new contracts in the North Sea. DOF Subsea said on the 18th December that the first of these contracts will see the company undertake a workscope in the Norwegian North Sea involving subsea construction support and…
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, President and Chief Operating Officer of Itochu Corporation, took place in St. Petersburg on the 16th December.. In the course of the meeting, Gazprom and Itochu Corporation signed a Memorandum of Understanding on the Baltic LNG project. With this document, the…
Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts. Equinor submitted a winning bid of US$135 million for lease OCS-A 0520, during the online…
Anglo African Oil & Gas (AAOG) has provided an update in relation to its TLP-103C well at the company’s Tilapia licence. The company intersected the R1, R2 and R3 horizons on Saturday, the 15th December. Hydrocarbons were encountered in these horizons as prognosed…
AIM-listed President Energy has provided an update relating to the Puesto Flores Concession in Rio Negro Province, Argentina (President 90% and operator – EDHIPSA 10%). Highlights PF0 1005, the third and final new well in the current drilling programme has been successfully drilled, logged,…
350% rise in London Market brokers using electronic placement London Market brokers are increasingly embracing the use of electronic placement with the number of risks placed this way increasing by 350 percent in the past 12 months, according to data released by the Board of…
Upstream companies are positioned to thrive in 2019, according to Wood Mackenzie which said in a release published on the 17th December that the sector enters the new year “prepared to capitalise and build”. “Oil and gas companies can cope with whatever’s thrown at…
Equinor has permission from Norway’s Petroleum Safety Authority to extend the service of the Norne FPSO in the Norwegian Sea and associated facilities until the end of 2036. The Norne field is in production licence 128, around 300 kilometres(186 miles) west of Sandnessjøen. …
Canada’s CGX Energy has decided to use one of Rowan-owned jack-up drilling rigs for drilling operations offshore Guyana. CGX Energy said on the 17th December that its wholly owned subsidiary, CGX Resources, had entered into a definitive rig agreement with Rowan for the provision…
88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. Highlights: All major permits (excluding Permit to Drill) granted for the drilling of the Winx-1 exploration well Permit to Drill on schedule for submission…
