Australia’s recently developed offshore gas fields are set to lift the nation to the top of the list of world’s largest LNG exporters. In a report on the 15th November, energy intelligence firm EnergyQuest said Australia is on the cusp of taking becoming the world’s…
Energean Oil and Gas Plc is on track to deliver first gas from its 2.4 trillion cubic feet Karish and Tanin development offshore Israel in the first quarter of 2021, the company revealed on the 15th November. The next “visible milestone” on the…
Dutch Damen Shipyards Group has handed over four new fast crew suppliers to Allianz Middle East Ship Management. Damen said on the 15th November that the handover of the four FCS 2610 vessels took place between Ahmed Khalil, general manager of Allianz, Menno Kuyt, managing…
Petrobras has produced first oil and gas from the Búzios 2 area of the presalt Santos basin through the FPSO P-75. This is the second floater installed on the Búzios field. The location is 210 kilometres (130 miles) off the coast of Rio de…
GE Hitachi Nuclear Energy (GEH) and its PRISM technology have been selected by Battelle Energy Alliance (BEA) to support the US Department of Energy’s Versatile Test Reactor (VTR) programme which seeks to utilise fast neutron spectrum technology to support accelerated development of fuels and materials…
Following his appointment as interim CEO in May 2018, and the recently closed Santos production acquisition, Alan Booth and the Board have reviewed and agreed the key next steps to enable Ophir to deliver the inherent value in its asset base and maximise value for…
On the 14th November the Abu Dhabi National Oil Company (ADNOC) announced a US$1.4 billion (AED 5.1 billion) investment to upgrade and expand its Bu Hasa field, which it says will increase crude oil production capacity to 650,000 barrels per day (bpd). The company’s…
The North West Shelf Joint Venture offshore Western Australia has signed non-binding preliminary agreements with the Browse Joint Venture and Chevron, the leaseholder of the Clio-Acme fields. This involves processing of the respective offshore gas resources through the North West Shelf (NWS) facilities on…
The previously proposed merger between Norway’s Bergen Group and its compatriot oil service company Endúr Fabricom has now received unanimous approval from the respective board of directors of the two firms. The respective boards of the companies involved in the merger have now unanimously…
Azinor Catalyst, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, has announced an oil discovery at its 9/14a-17B well and associated side-track on the Agar-Plantain Prospect. The initial 9/14a-17B well on the Agar-Plantain Prospect, was drilled safely to its target…
