News

  • Indian, Greek companies bid for exploration acreage offshore Israel

    One Greek and four Indian oil and gas companies have submitted bids for exploration acreage offshore Israel.   Israel’s Energy Ministry on Thursday said that bids were submitted by Greece’s Energean, and a consortium of Indian companies that includes ONGC Videsh Limited, Bharat Petro Resources…

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  • Wintershall to fire up Maria field a year in advance

    Germany’s Wintershall has received approval to start production from its Maria development offshore Norway in December, a year earlier than originally expected.   The Norwegian Petroleum Directorate (NPD), a government agency responsible for the regulation of the petroleum resources on the Norwegian continental shelf, has…

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  • Arctic refuge drilling moves closer to reality with Senate vote

    Oil drilling in the Arctic National Wildlife Refuge took a significant step forward on the 15th November, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s north-east coast — tying it to tax reform.   The…

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  • ADNOC deals to boost oil output by 380,000 b/d

    Abu Dhabi National Oil Company (ADNOC) has advanced two projects which will increase its production by 380,000 b/d of crude oil.   In the larger of the projects, the company entered an agreement with partners in supergiant Upper Zakum offshore field to boost production to…

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  • Pyi Thit well delivers gas for Woodside offshore Myanmar

    Woodside Energy has completed this year’s exploration and appraisal drilling campaign offshore Myanmar.   The company plans to factor the results into its field development planning process in the region.   The Pyi Thit-1 well in offshore block A-6 intersected a gross gas column of…

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  • 6.2-MW biogas project enables sustainable growth in Uruguay

    The German plant manufacturer WeltecBiopower recently signed the contract for a biogas plant extension of the milk powder producer Estancias del Lago (EDL) in Uruguay.   From late 2018, the plant with its eight digesters will generate a rated thermal input of more than six…

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  • Premier Oil to keep Voyageur Spirit FPSO till 2019

    Premier Oil is set to extend the charter for the Voyageur Spirit FPSO in the North Sea.   The oil company entered into a heads of terms with Teekay in November to extend the employment of the Voyageur Spirit FPSO unit on the Huntington field…

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  • First oil flows at Ophir field (Malaysia)

    Australia-based oil and gas company Octanex has achieved first oil from its Ophir field, offshore Malaysia.   The field started producing on the 10th October, however, Octanex made the first oil announcement on the 10th November.   Namely, according to Octanex, ‘First Oil’ is contractually…

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  • Oil Seen As Real Prize of Iran’s Kurdish Adventure

    After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports from the region’s giant Kirkuk field, with the first deliveries expected within days, officials and trading sources said.   In the weeks since September’s failed…

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