News

  • KrisEnergy outlines offshore Cambodia 3D seismic survey goals

    KrisEnergy has submitted documentation to the Cambodian Ministry of Environment for a proposed 1,200-square kilometre (463-square mile) 3D seismic survey next year over offshore block A.   This would fulfil the Years 1-2 commitment under the block’s amended petroleum agreement.   The programme covers a…

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  • Floating production back in vogue

    Demand for floating production systems is growing, according to Westwood Energy’s updated World Floating Production Systems Tracker.   Capex for both installations and orders has increased by 12% and 22% respectively, compared to findings of the first quarter 2017 edition.   Westwood now estimates an…

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  • Aramco signs contracts totalling US$4.5 billion for megaprojects

    Saudi Aramco has signed agreements with several international oil and gas service contractors for oil and gas megaprojects as part of its Saudi Vision 2030 which are valued at a combined US$4.5 billion. The agreements are designed to enhance the company’s energy sustainability, diversify Saudi…

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  • Eni expanding development of block 15/06 offshore Angola

    Eni plans to initiate the Ochigufu and Vandumbu field developments in block 15/06 offshore Angola during 1the first quarter 2018 and the second quarter 2019, respectively.   These projects, and a new submarine pumping system due to be launched in the second quarter 2018, will…

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  • Europort 2017 Invigorates Future Thinking

    Maritime exhibition Europort has opened its doors to welcome international visitors to the 38th edition, once again confirming Rotterdam’s position at the heart of the global maritime industry.   This year the exhibition has set its focus on three core themes; Big Data, The Environmental…

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  • Alaska signs gas pipeline project deal with China

    The state of Alaska took a major step towards realising a long-sought pipeline to move natural gas from the North Slope to Asia, siding with interests from China after major oil companies stepped back from the project.   The agreement Alaska Governor Bill Walker signed…

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  • First remotely controlled offshore platform in Norway

      On the 9th November, Statoil made an important step towards making history, with the opening of the Valemon control room at Sansli in Bergen.   The Valemon platform, located in the North Sea offshore Norway, will be the first platform in Norway to be…

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  • Murphy finds more oil offshore southern Vietnam

    Murphy Oil has discovered oil with the CM-1X well in the Nam Con Son basin offshore southern Vietnam.   The company will continue to assess the commercial potential of the block, which includes the successful CT-1X discovery well drilled in the second quarter.   In…

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  • Halliburton opens Nigeria’s first oil & gas training centre

    Halliburton, one of the world’s largest oilfield services providers, and the Akwa Ibom state government have opened Nigeria’s first oil and gas training centre equipped with oilfield operations tools.   The Akwa Ibom Oil and Gas Training and Research Center will provide courses in field…

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  • First oil flows from Hail field offshore Abu Dhabi

    Spanish oil and gas company Cepsa and Japanese petrochemicals firm Cosmo Oil have started oil production from the Hail oil field offshore Abu Dhabi.   Hail oil field was put into production on the 7th November in the Abu Dhabi Oil Company (ADOC) concession by…

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