The technology group Wärtsilä and the global drilling contractor Maersk Drilling have joined forces in a unique co-operation to create a 25-year thruster maintenance strategy for Maersk’s three semi-submersible rigs and four drillships. The parties have already completed the strategy work on the D-rigs…
Oil Search Ltd, Port Moresby and Sydney, has revealed that recent high-level meetings between itself, ExxonMobil Corporation., and Total SA have resulted in broad agreement for the preferred development concept for the Elk-Antelope natural gas fields in retention lease PRL15 and P’nyang gas field in…
The government of Newfoundland and Labrador has published a plan for oil and gas industry growth which envisions the drilling of more than 100 exploration wells and a doubling of oil and gas production by 2030. An industry-government group called the Oil & Gas…
EnQuest expects to bring three new wells on-stream later this year at the Magnus oil field in the UK northern North Sea, following an upgrade of the Magnus platform drilling rig. The company, which acquired operatorship of the field from BP in 2017, also…
On the 19th February, Chevron Corporation said it had resumed drilling operations in the Kurdistan region of Iraq (KRI). “Chevron can confirm that it has resumed its activities in the KRI and we have restarted drilling operations at our Sarta 3 field,” Chevron spokeswoman…
Total E&P Absheron BV, acting as operator for and on behalf of a consortium presently composed of Total E&P Absheron BV (50%) and Socar Absheron LLC (50%). has tasked HydraWell to execute a part of plug & abandonment campaign at the Absheron field in the…
Alaska’s state-sponsored corporation is working to advance a major gas line project is opening a field office in Nikiski. It will be the Alaska Gasline Development Corporation’s third satellite office. The corporation also has a presence in Houston, Texas, and Tokyo. Rosetta Alcantra,…
Greek oil and gas company Energean is preparing for listing on the London Stock Exchange in March with plans to raise US$500 million. The large portion of the raised funds will be used for development of its assets offshore Israel. Energean announced its intention…
The Organisation of Petroleum Exporting Countries is working toward long-term management of oil supply by its members and collaborating countries, according to the new president. Suhail Al Mazrouei, minister of energy and industry of the United Arab Emirates and OPEC’s president for 2018, said…
Mexico officially became the International Energy Agency’s 30th member country on the 17th February and its first member in Latin America. The membership came after the signed IEA treaty (the IEP Agreement) was deposited with the government of Belgium, which serves as the depository…
