Partners in the Ophir field located offshore Malaysia have handed over the field’s wellhead platform, wells, and pipeline to Petronas, following their exit from the project due to economic cut-off. The Ophir field was developed by Ophir Production Sdn Bhd (OPSB) under a Risk…
The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process which could shift drilling rigs closer to herds of caribou and flocks of threatened birds. With a notice Tuesday, the Interior Department is taking…
Demand for drilling and well services is growing with a total of more than 72,000 wells set to be drilled and completed in 2019, up 3% on 2018, according to analyst Rystad Energy. Well completion activity hit a low point in 2016 after…
Dutch manufacturer of offshore structures Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market. HFG said on the 20th November that this move comes following a strategic…
Black Sea Oil & Gas together with its co-venture partners, Petro Ventures Resources and Gas Plus International, have announced the signing of the Gas Sales Agreement (‘GSA’) with ENGIE through its subsidiary Engie Energy Management Romania for natural gas supply from the Midia Gas Development…
Lonestar Resources US Inc, Fort Worth, said it has identified 26 drilling locations in the Late Cretaceous Lower Eagle Ford formation on acreage it acquired in Sugarkane field from Sabine Oil & Gas Corporation, Houston, and an affiliate and Alerion Gas AXA LLC. Lonestar…
Canopius swoops for energy leader from Beazley Specialty re/insurer Canopius has hired Rachel Sabbarton as a senior underwriter within its energy team. Ms Sabbarton joins from Beazley Group, where she was deputy head of energy. She will report to Geoff Tin before succeeding him…
The largest Persian Gulf producer which is not an OPEC member is combining state-run oil investment and refining companies to form a business which spans pumping crude and natural gas to processing and trading fuels. Government-owned Oman Oil Company and Oman Oil Refineries &…
Parkmead remains in discussions with CNOOC subsidiary Nexen Petroleum on a potential subsea tieback of its Perth and Dolphin fields to the Scott platform and associated facilities in the UK central North Sea. An engineering study has confirmed the technical feasibility of the tieback,…
Allseas’ giant pipelayer vessel Pioneering Spirit has completed the installation of the second line of the Turkish Stream (TurkStream) pipeline in the Black Sea between Russia and Turkey. “The construction of the Turkish Stream, a new gas pipeline connecting Russia and Turkey through the…
