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Blackrock find for Siccar
Private equity-backed Siccar Point Energy has found "thin" oil-bearing sandstones and some gas at its Blackrock exploration well in the West of Shetland area off the UK. Siccar Point chief executive Jonathan Roger said he was encouraged by the drilling, although no indication was given of the volumes of hydrocarbons found. Analysts said the information revealed does not yet suggest a commercialWeekly upstreamonline.com 16 May 22:00 GMT
Lancaster progress
London-listed Hurricane Energy has edged closer to producing first oil from its closely watched Lancaster fractured basement development in the West of Shetland area off the UK. Hurricane said this week the start-up phase of the Lancaster early production system was under way after hydrocarbons were “introduced” for the first time into the process system of the Aoka Mizu floating production, storWeekly upstreamonline.com 16 May 22:00 GMT
Shwe-3 FEED race heating up
Five believed to be in the running to take part in front-end engineering and design contest at third phase of Myanmar developmentWeekly upstreamonline.com 16 May 22:00 GMT
Equinor sets stage for Carcara floater FEED battle
SBM Offshore and Modec on course to compete for Brazilian field's vessel contractWeekly upstreamonline.com 16 May 22:00 GMT
Three-cornered fight for Limbayong prize
TechnipFMC, Subsea7/OneSubsea and Saipem/Aker believed to be in the frame for subsea contractWeekly upstreamonline.com 16 May 22:00 GMT
Task force created to oversee FPS shutdown
Preparations start for three-week maintenance closure of UK's biggest crude pipelineWeekly upstreamonline.com 16 May 22:00 GMT
OPINION: Norway's changing climate
OPINION: While a growing share of Norway’s voters say they want to shut down the country’s oil and gas industry, the government is busy pouring more and more oil money into the national economy. Opinion polls ahead of local elections in September indicate almost one in three voters in Oslo support parties that want to see a rapid winding down of Norway’s petroleum production to combat climate chaWeekly upstreamonline.com 16 May 22:00 GMT
Oil continues climb on Mideast tensions
Saudi-led coalition launches air strikes in retaliation for recent attacks on its crude infrastructureOnline upstreamonline.com 16 May 21:03 GMT
Freeport gains Ferc approval for Train 4
Latest addition to facility would expand total export capacity to over 20 million tonnes per annum, company saidOnline upstreamonline.com 16 May 17:26 GMT
Ophir sells out of Mexico block
UK independent sells off to partners in exploration area containing recent Cholula discoveryOnline upstreamonline.com 16 May 16:27 GMT
Brent nears $73 on Middle East tensions
Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling US crude inventories. Brent crude futures were up $1.03 at $72.80 a barrel by 1:44pm GMT, heading for the biggest weekly rise in about three months. US West Texas Intermediate crude futures were up 83 cents at $62.85. Oil was drawing support from thOnline upstreamonline.com 16 May 14:29 GMT
BP, Socar ink Uzbekistan E&P pact
Supermajor and Azerbaijani state player sign deal with Uzbekneftegaz to explore in Ustyurt regionOnline upstreamonline.com 16 May 13:35 GMT
Gazprom sets gas output target date at Dzhel
Russian giant looking to begin flows from field in Uzbekistan early next decadeOnline upstreamonline.com 16 May 13:32 GMT
EMGS wins Barents survey
Latest award to keep Atlantic Guardian busy in frontier Arctic play off NorwayOnline upstreamonline.com 16 May 12:14 GMT
Shelf in jack-up sales
Dubai-based clears out idle units to pare back fleet despite recent contract awards amid market uptickOnline upstreamonline.com 16 May 10:18 GMT
Block eyes more Georgia drilling
London-listed junior raises funds for its planned work programmeOnline upstreamonline.com 16 May 10:17 GMT
Oil edges up for third session on Middle East tensions
A gain in US inventories overnight is helping to cap pricesOnline upstreamonline.com 16 May 08:43 GMT
Equinor rejects green motion for Bight exit
Norwegian state-controlled company pressing ahead with drilling plans in eco-sensitive region off Australia despite mounting protestsOnline upstreamonline.com 16 May 08:06 GMT
SBM posts Q1 revenue rise
Dutch floater player sees large increase in turkney revenues and keeps full-year guidance intactOnline upstreamonline.com 16 May 07:54 GMT
Premier pushes output guidance higher
Better than expected production sees UK operator increase full year forecastOnline upstreamonline.com 16 May 06:43 GMT
Ezion still in the red
Capital constraints partly blamed for fall in revenueOnline upstreamonline.com 16 May 02:32 GMT
Byron spuds Raptor probe
Drilling starts on exploration well in the US Gulf of Mexico targeting oil and gasOnline upstreamonline.com 16 May 01:01 GMT
Santos secures P'nyang farm-in
A $187 million deal has been agreed for a 14.32% interest in PNG fieldOnline upstreamonline.com 16 May 00:33 GMT
ConocoPhillips weighing up Norway duo's options
Operator looking at development options for Eldfisk Nord and Tommeliten Alpha finds in North SeaWeekly upstreamonline.com 15 May 22:00 GMT
OPINION: Oxy needs more than determination
OPINION: So was it determination or desperation that led to Occidental Petroleum paying $57 billion to buy Anadarko? Oxy chief executive Vicki Hollub admits to being no merger and acquisition expert, but says it was definitely determination. The first woman to head up a major US oil company is upbeat but she still has to convince all shareholders. Occidental moves ahead with Anadarko takeoverWeekly upstreamonline.com 15 May 22:00 GMT
OPINION: Standoff in Gulf must be defused
President Trump's gunboat politics could spell catastrophe for global oil marketsWeekly upstreamonline.com 15 May 22:00 GMT
SBM boss Chabas sounds FPSO supply warning
Demand for units is outstripping sector's capacity, says SBM chiefWeekly upstreamonline.com 15 May 22:00 GMT
Persian Gulf tensions rise after attacks
Drone attacks against facilities in Saudi Arabia and sabotage against oil tankers see relations between US and Iran deteriorateWeekly upstreamonline.com 15 May 22:00 GMT
KBR wins FEED for Oman LNG debottlenecking
US contractor to play key role in project to expand production at liquefied natural gas facilityOnline upstreamonline.com 15 May 19:56 GMT
North Dakota hits new gas output record in March
Producers also reached record gas capture volumes of 2.25 billion cubic feet per day in MarchOnline upstreamonline.com 15 May 18:54 GMT
Uzbekistan GTL project nearing completion
Ambitious gas to liquids project reaching 70% completion markOnline upstreamonline.com 15 May 18:53 GMT
Monetisation of flared gas in Nigeria to affect prices
Head of Nigerian Gas Flare Commercialisation Programme expects 'major changes' in pricing to follow implementationWeekly upstreamonline.com 15 May 17:16 GMT
Oil falls on US inventories rise
Tensions in Middle East put a cap on lossesOnline upstreamonline.com 15 May 14:49 GMT
Tatneft eyes Uzbekistan exploration
Russian player pens two deals with Uzbekneftegaz that will see it invest in one block and enter EOR projectOnline upstreamonline.com 15 May 13:41 GMT
Oil sheen spotted at Statfjord
Crude loading operations halted as Equinor seeks to trace causes of apparent seepageOnline upstreamonline.com 15 May 13:07 GMT
Steel cut on Sverdrup 2 platform
Launch of construction work at Aibel yard coincides with govt approval for second phase of giant Equinor-operated project off NorwayOnline upstreamonline.com 15 May 12:49 GMT
J&P Avax nets $161m deal linked to Shah Deniz 2
Greek player handed contract for construction of Greece-Bulgaria interconnector lineOnline upstreamonline.com 15 May 11:34 GMT
Wintershall Dea confirms cut in Maria reserves
Recoverable volumes at Norwegian Sea field slashed to 50m barrels as semisub West Mira lined up to sink production wellsOnline upstreamonline.com 15 May 11:04 GMT
Schlumberger in $400m drilling assets sale
Oilfield services giant sells off raft of non-core assets to private equity-backed Rhone CapitalOnline upstreamonline.com 15 May 10:36 GMT
Name change for Faroe
New moniker of DNO North Sea reflects regional expansion after acquisition by Norwegian playerOnline upstreamonline.com 15 May 10:09 GMT
Wentworth gets nod to relinquish Tembo block
UK-listed company given approval to exit tract in Mozambique's Rovuma basinOnline upstreamonline.com 15 May 09:09 GMT
Piper Alpha survivor Rae to lead Step Change in Safety
Aberdonian says role is ‘once-in-a-lifetime opportunity’ to shape industry cultureOnline upstreamonline.com 15 May 09:03 GMT
CGG boosts revenues in first quarter
French seismic player posts improved top line as geoscience markets see ‘gradual recovery’Online upstreamonline.com 15 May 08:54 GMT
IEA cuts oil demand growth forecast
Downwards revision offsets supply concerns as market remains stable despite Mid-East incidentsOnline upstreamonline.com 15 May 08:44 GMT
Pipeline work begins for Midia off Romania
Operator Black Sea Oil & Gas awards manufacturing and supply contract to Greek player Corinth PipeworksOnline upstreamonline.com 15 May 07:46 GMT
Shelf Drilling cuts loss in Q1
Jack-up owner’s revenues improve on a year earlier but down on the fourth quarter of 2018Online upstreamonline.com 15 May 07:31 GMT
Awilco wins Shell rig extension
UK driller gains more work for semisub to bolster backlog and revenue for sole operating rig after Q1 lossOnline upstreamonline.com 15 May 07:24 GMT
Energean defers Prinos drilling
Greek independent pares back output forecast and capex for the year as it pushes work on field off Greece into 2020Online upstreamonline.com 15 May 07:08 GMT
Empyrean gets boost to Chinese prospects
Presence of gas clouds "significantly" mitigates exploration riskOnline upstreamonline.com 15 May 07:04 GMT
Oil falls as US stocks rise
Rising US crude inventories offsets Middle East tensionOnline upstreamonline.com 15 May 06:00 GMT
Infill success at Stag field
Jadestone completes first infill well and has identified four more targetsOnline upstreamonline.com 15 May 03:41 GMT
Talon wraps up North Sea acquisition
Search for farm-in partners has already begun with a plan to drill two prospectsOnline upstreamonline.com 15 May 02:32 GMT
3D Oil gets nod for Dorrigo shoot
Seismic survey to be carried out over acreage off Australia's south-eastOnline upstreamonline.com 15 May 00:02 GMT
McDermott targets more awards in Middle East
US giant already has a huge backlog in the region, with more contracts expected to be handed out by big-spending state-owned companiesWeekly upstreamonline.com 14 May 22:00 GMT
Hess set to ramp up US Gulf exploration
Efficiency improvements over five years put US independent in position for expansionWeekly upstreamonline.com 14 May 22:00 GMT
Colombia's gas reserves drop in 2018
Crude reserves saw increase of 492 million barrels in 2018Online upstreamonline.com 14 May 20:48 GMT
Oil prices rise on Saudi Aramco drone attack
Saudi Arabia said armed drones struck two oil pumping stations in the kingdomOnline upstreamonline.com 14 May 19:53 GMT
Gazprom will not pursue LNG plant in West Siberia
Gazprom pushing forward with recently announced plan to build an LNG plant in north-west RussiaOnline upstreamonline.com 14 May 19:27 GMT
Prysmian lands Total job
Contract is second for Prysmian in BrazilOnline upstreamonline.com 14 May 19:08 GMT
Southern North Sea ‘well placed’ to help energy transition
Head of trade body OGUK to tell key conference basin can help UK meet challenges that lie aheadOnline upstreamonline.com 14 May 15:18 GMT
Mozambique nod for Rovuma LNG
Development plan for ExxonMobil-led scheme approved by authorities to pave way for FIDOnline upstreamonline.com 14 May 14:38 GMT
Aker BP eyes Hornet Main spud
Latest North Sea probe set for drilling after safety clearance from Norwegian authoritiesOnline upstreamonline.com 14 May 14:11 GMT
Start-up for Sempra at Cameron LNG
Sempra-operated project has a projected export capability of 13.5 million tonnes per yearOnline upstreamonline.com 14 May 13:31 GMT
No bids for blocks off Nova Scotia
Tracts put up for offer off Canada late last year fail to attract any industry industryOnline upstreamonline.com 14 May 13:18 GMT
Equinor dishes out drill spoils
Eleven contractors to participate in deals worth $286m for services to boost drilling efficiency off NorwayOnline upstreamonline.com 14 May 12:17 GMT
Aramco stations ‘attacked’ by drones
Officials report ‘limited’ hit at two sites near Saudi capital RiyadhOnline upstreamonline.com 14 May 11:15 GMT
McDermott confirms Sepia deal from Petrobras
US player scoops EPCI contract for risers and flowlines for Santos basin pre-salt schemeOnline upstreamonline.com 14 May 11:07 GMT
Noa drilling has legs for COP
Canadian player lines up rig and financing to bring appraisal effort at Niger Delta find into viewOnline upstreamonline.com 14 May 10:31 GMT
Great Eastern boosts revenues
Indian coalbed methane and shale player sees improved top and bottom line, but output downOnline upstreamonline.com 14 May 08:31 GMT
IGas expects shale projects outcome ‘soon’
UK shale gas explorer eyes 'key results' at Springs Road within a monthOnline upstreamonline.com 14 May 08:18 GMT
Eni makes oil find off Angola
Italian player unearths new light oil discovery in Block 15/06Online upstreamonline.com 14 May 08:13 GMT
Spirit confirms Fogelberg delay
Norway field project up in the air as operator forced to postpone PDO due to reservoir flow uncertaintyOnline upstreamonline.com 14 May 07:21 GMT
Global upstream investment gets a boost: IEA
Recent report shows higher spending with further growth expected next yearOnline upstreamonline.com 14 May 07:20 GMT
Eidesvik nets North Sea survey deal
Magseis Fairfield takes Oslo-listed player's vessel for ocean bottom survey this summerOnline upstreamonline.com 14 May 06:57 GMT
Lekoil drops Ogo legal challenge
Negotiations to continue with government over re-award of Nigerian offshore blockOnline upstreamonline.com 14 May 06:50 GMT
Oil inches higher
Prices rise but US-China trade war keeps a lid on gainsOnline upstreamonline.com 14 May 05:58 GMT
Siccar Point wraps up drilling at Blackrock
West of Shetland probe finds 'thin' oil-bearing sandstones between Cambo and Rosebank fieldsOnline upstreamonline.com 14 May 05:34 GMT
Inpex increases profits
Higher crude prices help lift revenues for Japanese giantOnline upstreamonline.com 14 May 04:03 GMT
OGDC hits pay in Pakistan
Exploration well uncovers gas and condensateOnline upstreamonline.com 14 May 02:10 GMT
Central studying Surprise restart
Recovering oil prices could see operator revisit shut-in Australian oilfieldOnline upstreamonline.com 14 May 00:50 GMT
Strata-X gets Serowe boost
Estimated gas resources at Botswana CBM project increase 83%Online upstreamonline.com 13 May 23:57 GMT
Pacific Drilling posts loss after depreciation
Drilling contractor sees improvement in revenue despite charges in quarterOnline upstreamonline.com 13 May 22:54 GMT
Sharing of infrastructure on the rise in Mexico
State-run giant Pemex now open to collaboration with private operators in order to bring output to marketWeekly upstreamonline.com 13 May 22:00 GMT
Murphy to press on at its Area 5
Murphy Oil has more exploration work to do off Mexico but is also weighing up its midstream options for the future after reporting a discovery in its operated deep-water Area 5 on the Cholula prospect last month, writes Kathrine Schmidt. The US independent is planning an appraisal well next year to further prove up that find off Mexico, as well as two more exploration wells on the block, countryWeekly upstreamonline.com 13 May 22:00 GMT
GulfSlope halts drilling at Tau
US independent will halt drilling, temporarily abandon well after setbacksOnline upstreamonline.com 13 May 21:03 GMT
Venture Global to use Honeywell for gas treatment
US LNG player plans to double capacity at two Louisiana export terminals, including Calcasieu projectOnline upstreamonline.com 13 May 20:05 GMT
Oil prices fall on escalating US-China trade war
China to raise US LNG import tariffs to 25% by 1 JuneOnline upstreamonline.com 13 May 18:31 GMT
China raises tariffs on US LNG imports
Tariffs to increase to 25% from 10% on 1 JuneOnline upstreamonline.com 13 May 18:23 GMT
Chevron Mexico exploration plan cleared
US supermajor approved for plan including one deep-water well in southern region of countryOnline upstreamonline.com 13 May 17:21 GMT
KBR selected for Freeport LNG Train 4 work
Commercial flows from project's first train scheduled to begin in SeptemberOnline upstreamonline.com 13 May 16:35 GMT
Profit booms at Rosneft in Q1
Russian state-controlled giant posts top and bottom line improvement on a year agoOnline upstreamonline.com 13 May 15:01 GMT
Eidesvik in seismic charter pact
Oslo-listed owner gains deals for vessel pair under agreement with Seabed GeosolutionsOnline upstreamonline.com 13 May 14:05 GMT
One dies after recent Saipem Caspian ship blast
Worker who was on board pipe-laying barge working on Shah Deniz 2 project succumbs to injuriesOnline upstreamonline.com 13 May 14:00 GMT
All-clear for Trestakk start-up
Equinor poised for launch of satellite field in Norwegian Sea after final consent from authoritiesOnline upstreamonline.com 13 May 13:25 GMT
Equinor thwarts Delek's $965m Caesar-Tonga deal with Shell
Norwegian player exercises preferential rights to US Gulf asset stake to usurp April dealOnline upstreamonline.com 13 May 12:20 GMT
Blue Marlin set for repairs
Heavy transport vessel to be docked in Las Palmas after hijacking incident off Equatorial GuineaOnline upstreamonline.com 13 May 11:37 GMT
Bristow makes Chapter 11 filing
Helicopter group files for bankruptcy protection in Texas court following financial travailsOnline upstreamonline.com 13 May 11:20 GMT
Rosneft sets semisub to work off Vietnam
Russian oil giant begins operations with Jana Drilling Company-owned rigOnline upstreamonline.com 13 May 10:38 GMT
Novatek sets target for Arctic LNG 2 stake sale
Russian independent lays out plans for sale of final 10% stake in new liquefied natural gas projectOnline upstreamonline.com 13 May 10:27 GMT
Dolphin eyes more work for semisub
Contractor gains LoI with unnamed operator for one-well job off Norway for veteran rigOnline upstreamonline.com 13 May 10:03 GMT