Backing down on drilling off Norway’s Lofoten islands could also threaten the search for 16 billion barrels of oil and gas which lies beneath the Barents Sea, the country’s energy minister said. The warning comes amid increasing signs that Labour, the nation’s biggest party…
France’s oil major Total has reportedly officially abandoned the giant South Pars Phase 11 gas development project offshore Iran. While Total has earlier said it would leave the project if not given a waiver to the recently reinstated US sanctions against Iran, the Iranian…
Woodside Energy says the Browse Joint Venture has made significant progress in the development concept for the long-proposed Browse LNG project offshore northwest Australia. The Browse Joint Venture is in commercial discussions with the North West Shelf (NWS) consortium on taking the Browse resources…
Since its formation, through the merger of Det Norske Oljeselskap BP Norge, just over four years ago Aker BP has become one of the largest independent oil companies in Europe. “We have enjoyed growth in production at Aker BP over the four years, which…
The development of the Premier-operated Tolmount Main gas field, located in the Southern North Sea, has been sanctioned by the joint venture and infrastructure partners. The partners in the Tolmount gas field are Premier (50 per cent, operator) and Dana Petroleum (50 per cent)….
On the 17th August Panama signed an agreement with the US Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of US liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international…
Wood will provide maintenance services, modifications, and shutdown support as part of the contract which covers Shell’s onshore facilities in Batangas and offshore assets in the Malampaya field, near Palawan Island in the Philippines. The contract will be supported by Wood’s established local presence…
The state-run Basra Oil Company (BOC) has signed a memorandum of understanding with US oil company Chevron to develop oil fields BOC announced the start of the first phase of work and cooperation with Chevron to develop some oil fields and the establishment of…
Maersk Drilling will become a stand-alone company next year as its parent company continues its exit from the oil and gas business. A.P. Moller-Maersk, Copenhagen, separated its transportation and energy businesses two years ago and cut energy investment. Last year, it sold Maersk…
Equinor has contracted Aibel to perform hook-up of the P1 process platform and connecting bridge UB002 to the living quarter platform at the Johan Sverdrup field complex in the North Sea. This programme was an option in Aibel’s initial contract for hook-up of the…
