Nigerian National Petroleum Corporation has said that execution of the final phase of an alternative financing agreement with Chevron will boost production in Nigeria by 39,000 b/d of oil and 283 MMscfd of natural gas. The companies reached an agreement earlier this year for…
Britannia to open Greece office next year Britannia P&I club will open an office in Greece next year, it announced at its annual European Members Forum, held in Athens on the 9th November. The Forum was attended by 52 Members from across Europe. “Opening…
Appraisal drilling of Mexico’s first private offshore oil discovery Zama-1 is expected to begin in late 2018, at the earliest. This is according to Premier Oil, a partner in the project operated by Talos, which struck the historic Zama oil discovery of more than…
Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil’s recent drilling success there. “There has been a recent rush to get into Guyana,” Shuqiang Feng, director of…
The Norwegian Petroleum Directorate (NPD) has authorised Wintershall to start-up the Maria field in the Norwegian Sea, around ten months ahead of the original date targeted in the field development plan. Production is now expected to begin in December. The NPD says good project…
Norway’s US$1 trillion sovereign wealth fund proposed dumping about US$35 billion in oil and gas stocks, including Royal Dutch Shell and Exxon Mobil, to protect the economy of western Europe’s biggest petroleum producer. The nation will be “less vulnerable” to a drop in oil…
Rosneft, as a member of Sakhalin-1 Consortium, has successfully completed drilling of the world’s longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15,000 metres, which currently is a world record….
Premier has provided a Trading and Operations Update for the period 1 January to 31 October 2017. Highlights Production averaged 76.6 kboepd year-to-date with planned 3Q maintenance completed; on track to meet previously increased full year guidance of 75-80 kboepd Catcher on schedule for…
Aberdeen headquartered energy services firm Well-Safe Solutions has landed its first contract after launching in July. The specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani Limited for the provision of intervention management services for all their North Sea assets….
Emergency Response and Rescue Vessel (ERRV) operator Atlantic Offshore Scotland Ltd, has secured a two-year firm charter with Maersk Oil UK. The company’s ERRV Ocean Troll, will provide Emergency Response and Rescue services for Maersk Oil’s Culzean project in the central North Sea. The…
