Contractors offer glut of rigs to ONGC as part of two tenders for the chartering of five deep-water units
State player seeks production units for Libra and Sepia fields but local content requirements cause unease
Despite the oil price slump and a crash in revenues, producing Arab countries, with the exception of Iraq, are committed to bringing new projects on line, and some are preparing for the long haul by tapping debt markets
Statoil and Shell race to develop same prospect after failing to agree on how to split field
US independent to hand over interest in two pre-salt blocks as it looks to focus on Gulf of Mexico
NPD concerned production rise by operator Statoil could reduce value of ageing field off Norway
Chief executive Paal Kibsgaard says services giant will keep portfolio complete, but corporate synergies to come
Stock market crash prompts futher losses as fears spread about demand
New player becomes operator of rigs owned by Chinese bank following termination of Petrobras contracts in May
Operator narrows options as it works on development plan for second phase at giant project off Norway
HFG and SMOE in pole position for UK North Sea project’s major fabrications contracts
Lowest turnout of any such sale since 1983
Commercial offers to Repsol likely from Bumi Armada, Petrofac and Yinson Holdings for $1.1 billion field development project
Petroleum regulator Ancap hopes to announce details by the end of this year, with exercise set to take place in 2016
Government poised to launch incentive for finds that are tough to exploit, but industry sources say it must also apply to existing discoveries
Independent acquires operatorship of potentially large ‘new play type’ from Murphy Oil
Singapore aiming to build on achievements as companies set their sights on resurgence
Bids from quartet of contractors expected next month as state player persists with work on gas infrastructure project said to be worth $1.5 billion
Still uncertain when unit will be cleared for operations at Eni development in Barents Sea
Nigeria’s president installs new managing director of Nigerian National Petroleum Corporation in concerted push for transparency
Shale giant limiting information from site as it fracks its first well on formation that crosses parts of Kentucky and West Virginia
Wood Group and Doris Engineering win contracts as state-owned company works up development solutions in fold belt
Major promotional event aims to harness billions of dollars of foreign investment for projects
Uganda, Kenya, Mozambique and Tanzania have the potential to transform their economies through hydrocarbons, but governance of industry in the region still has a long way to go
London-based company confident there is no basis in allegation as Serious Fraud Office looks into player’s activities in Somalia
US supermajor evaluating options for tension-leg platform after mooring tendons sank, with production start-up delayed by years
US player plans three-well appraisal drilling campaign next year in area that straddles border of Mauritania and Senegal
Operator sees 2018 as ‘almost unattainable’ for concept decision despite NPD call
President Obama’s Clean Power Plan angers advocates from booming sector as its share of electric generation is set to remain at 30%
Regulator moves to address industry sticking points after initial offering saw all but seven of 26 bidders stay on sidelines
IBP president describes contract as ‘worst’ since country opened sector in 1999
UK supermajor planning to develop deep-water US Gulf discovery with a ‘clone’ semi-submersible solution based on previous project
US independent toasts record flow rates as it plans another wildcat, but analysts say well costs will need to be reined in
Gas monopoly facing challenges in Russia as other players aggressively target its domestic market share
Just three onshore wells drilled in first half of the year compared to eight a year ago
More than 5500 square kilometres of data to be acquired in three jobs on acreage off both east and west coasts of India, with hopes work will start after this year’s monsoon season
Joint venture partners evaluating scenarios for gas condensate project after tests earlier this year pointed to greater reserves
Operator studying bids from NPCC, Essar Projects and Tecnicas Reunidas for offshore project
Total, BP and QGEP set out plans for as many as 12 wells to be spudded over two-year period
Total for 28th Round now 175 covering 353 blocks proving ‘continued attractiveness of the UK’ says OGA head
Development’s commercial prospects boosted by new discovery
Pre-qualified names revealed for 10-block bid round but some major players notably absent
Floating production, storage and offloading companies in Asia prepare to face off in pre-qualification exercise for leased vessel
Company currently has no explanation for hole in new pipe that caused 31,500 barrels of oil, sand and water mixture to leak
New player becomes operator of rigs owned by Chinese bank following termination of Petrobras contracts in May
UK giant bids to find capacity in US after Tofco in Trinidad admits it will not finish the fabrication project on schedule
Community in Texas is angry about the repeal of the hydraulic fracturing ban they voted in favour of, and are intent on continuing to protest
Contractors bidding for charter of five deep-water drillships or semi-submersibles for KG-DWN-98/2 development left waiting
Energy Minister says independent players can help the country increase its output by about one third
Halliburton and Schlumberger see revenues and profits drop, but analysts commend players’ performance during industry downturn
Halliburton joins forces with investment group Blackrock as Schlumberger opens up different pricing models for well treatments
Players in the US Gulf are focusing on appraisal while the oil price — and budgets — stay low
Mix of domestic and foreign drilling players chase state operator’s three-year contracts
Sources say Pacific Drilling, Ocean Rig and Maersk Drilling have submitted the lowest initial bids as group seeks rig for Ceara basin
Package of new measures, mainly covering onshore sector, to be passed to industry for comment before authorities enact new rules
German operator evaluating first of two exploration wells near Pil and Bue discoveries, in hope of finding enough oil to justify a standalone development
Government to launch tender for company to help develop deep-water gas discoveries
US supermajor offers drilling rights to 102,000 gross acres prospective for frustrating Collingwood Shale play
Iran, international oil operators and engineering companies moving fast to regain ground lost to years of sanctions
Engie and Santos look to shallow-water barge after shunning FLNG vessel plan
Company puts down $2.35 billion in cash and stocks in a move praised as a shrewd acquisition
Operator said to be exploring cheaper solutions for phase two of development
Government to double charge from C$15 to C$30 per tonne by 2017 in hope of reducing greenhouse gas emissions by 20%
Subsea players bidding in tender as contract for development off India’s east coast first floated in 2012 is finally up for grabs
Modec and Floatec compete to provide Spanish operator with first such unit for Vietnam’s offshore
US-Israeli consortium of Noble and Delek in control — on condition that the partners sell interests in Tamar, Tanin and Karish fields
A senior Dutch industry official has admitted that the Netherlands will not meet a key deadline later this month for implementing new Europe-wide safety legislation, writes Rob Watts.
EPCM and drilling tenders launched for South African player’s $2 billion onshore PSA Expansion project
Five-year timeline sees Brazilian giant revise schedules and reduce number of systems to come into operation by the end of the decade by 10, with 21 still to be brought on stream
County council’s rejection of Cuadrilla Resources’ plan criticised for taking too long with several calls made for revision of rules
Energy Drilling, PV Drilling, Seadrill and SapuraKencana nominate deep-water units for 18-month development job
Kiewit Offshore Services to work on topsides and Samsung Heavy Industries on hull of semi-submersible unit for US Gulf project
Full impact of Operation Car Wash scandal at Petrobras is yet to be felt, but the country’s disproportionate reliance on the state-run giant means other companies will be affected
UK supermajor set to purchase Russian player’s 20% interest in oil and gas company Taas-Yuriyakhneftegazdobycha
Competition for foreign players looms after home need to fill sanctions gap
Competition expected to be keen as five-year asset support contract comes up for grabs
Long-running dispute over tax bill is resolved — now eyes turn to oil development around Lake Albert
Chinese player set to move beyond onshore market with acquisition of Sinopacific Offshore Engineering
Impure gas and commercial sales negotiations among major challenges facing US supermajor as it works on multi-billion-dollar development
Japanese trading house returns shareholding to struggling US player after paying $1 billion five years ago
Danish company approves ultra-high-pressure high-temperature internally, with final investment decision targeted for later this year
Three South Korean yards in close race for topsides fabrication awards, but sources say Samsung Heavy Industries now has the edge on its rivals
Poly-GCL prime to begin work on twin gas fields — but rebel independence movement in region declares project ‘illegal’
Australian player to drill exploration well on Block A-6 this year, with a wildcat on Block AD-7 to follow later
FRANCE’S Total has reiterated that it is working towards a final investment decision by the end of 2017 for its Absheron development off Azerbaijan, writes Kama Mustafayeva.
A GROUP of academics from across North America last week called for a moratorium on new oil sands development due to environmental concerns, writes Tonya Zelinsky.
The State of Alaska is considering taking over TransCanada’s stake in the estimated US$45 billion to US$65 billion Alaska liquefied natural gas project on the North Slope and buying up to 40% in the proposed Alaska Pipeline Project (APP), writes Tonya Zelinsky.
Australian company Transerv Energy expects to begin a two-well drilling campaign in late August on the large Warro tight gas discovery in Western Australia.
Realising the full potential of the Te Giac Trang oilfield in Vietnam remains a key goal of the Hoang Long joint operating company which has wrapped up its 2015 appraisal and development drilling campaign on the field, writes Russell Searancke.
Pertamina said to want more than 10%
Myanmar’s Ministry of Energy has launched an inquiry after a Myanma Oil & Gas Enterprise (MOGE) official told state media that 26 blocks would be offered in next year’s planned licensing rounds, writes Amanda Battersby.
Long-running drillstem issue was preventing development of Krishna Godavari basin gas discoveries
RELIANCE Industries’ deep-water gas discoveries off the east coast of its native India are estimated to contain a potential 5 trillion to 6 trillion cubic feet of resources, writes Nishant Ugal.
Allegations by a single employee opened door to multi-billion-dollar graft inquiry that rocked industry
The Car Wash case reached the political spectrum in March this year, with the naming of 23 serving politicians accused of involvement in the kickback scheme.
German giant paid penalties — then raised the bar on standards of compliance
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