Europa Oil & Gas (Holdings) Plc, the oil and gas exploration, development and production company, has provided a planning update regarding the Holmwood oil exploration prospect on licence PEDL 143 at Bury Hill Wood, Coldharbour Lane, Surrey. Europa Oil & Gas Limited is operator…
South Africa wants the national oil companies of its BRICS partners to help build a new 400,000 barrel per day refinery which will be structured by senior debt and equity, energy minister David Mahlobo said on the 21st November. The idea of building a refinery in…
Saudi Aramco has discontinued crude processing operations at its 77,000-b/d Jiddah refinery along the Red Sea coast to convert the industrial complex into a distribution centre for petroleum products. The decision to shutter the 50-year old refinery – which accounted for about 2.7% of…
On the 20th November Nebraska regulators approved an alternative route for the proposed Keystone XL oil pipeline. It was the last major regulatory hurdle facing project operator TransCanada Corporation, although opponents say another round of federal approval may now be needed. The Nebraska Public…
Oil and gas company Dana Petroleum has announced first oil from its Western Isles development in the UK sector of the North Sea. Production started on the 15th November and has continued steadily and in line with expectations, Dana Petroleum, a subsidiary of the…
Parkmead Group is moving closer to development of various fields in the Greater Perth Area (GPA) of the UK central North Sea. Among these are the Perth and Dolphin Upper Jurassic oil fields, in which the company has increased its equity interests. Following…
XL Catlin names global programme and captive regional director for Asia XL Catlin has appointed Shiwei Jin to the position of global programme and captive regional director for Asia. In this role, Jin will drive the global programme and captive business and aim to…
Premier announced that on the 20th November it has entered into a sale and purchase agreement to sell its interests in Licences PL089 and P534, containing the Wytch Farm field, to Perenco UK Limited on materially the same terms as have been previously disclosed in…
Despite escalating costs and production delays, three LNG projects offshore Australia have reached major milestones. Last month, Chevron produced first LNG at the Wheatstone project. This involves development of the Wheatstone and Iago fields in the Carnarvon basin offshore north-west Australia as well as…
BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy Plc. BP currently operates the assets, which comprise the Bruce, Keith and Rhum fields, three bridge-linked platforms and associated subsea infrastructure. Under the…
