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  • Regulator: Husky submits initial spill report

    Company at work on plan to address separated flowline, Canadian regulator says

    Online  upstreamonline.com 1 hours old Kathrine Schmidt

    Saipem targeted by hack

    Italian oil-services firm reports its servers were targeted

    Online  upstreamonline.com 1 hours old Kathrine Schmidt

    Rice brothers challenge EQT leadership

    Toby and Derek Rice in letter state company needs leadership with "proven operational experience"

    Online  upstreamonline.com 4 hours old Julia Martinez

    Amlo launches Pemex refining strategy

    Newly installed Mexican president pushes ahead with plans to increase downstream production

    Online  upstreamonline.com 5 hours old Kathrine Schmidt

    Canada opens bidding for acreage off Nova Scotia

    CNSOPB says shallow-water blocks up for grabs near ‘significant discoveries’

    Online  upstreamonline.com 6 hours old Anamaria Deduleasa

    Output deal 'to be signed in three months'

    A deal to cut oil production by Opec and non-Opec countries will be signed in three months' time in Saudi Arabia, the United Arab Emirates' energy minister said on Monday. Cut of 1.2m bpd agreed in Vienna They will decide on extending the agreement after six months, Suhail al-Mazrouei said at an event in Abu Dhabi. On Friday, Opec and some non-Opec producers including heavyweight Russia said

    Online  upstreamonline.com 7 hours old Reuters

    Eni starts up Vandumbu off Angola

    Italian major ties offshore project to West Hub N’Goma FPSO

    Online  upstreamonline.com 8 hours old Anamaria Deduleasa

    Hess aims for higher output with $2.9bn capex

    US player to plough cash into Bakken, with spending also reserved for drilling on Stabroek off Guyana

    Online  upstreamonline.com 9 hours old Eoin O'Cinneide

    ConocoPhillips eyes output hike with $6.1bn spend

    US independent keeps capex the same as this year, with Lower 48 unconventionals to get around half

    Online  upstreamonline.com 10 hours old Eoin O'Cinneide

    PGS waits on Bight approval

    Australian regulator takes more time to assess environmental plan for seismic campaign

    Online  upstreamonline.com 12 hours old Josh Lewis

    North Africa Petroleum Exhibition and Conference:

    Start: 10.03.2019End: 13.03.2019Venue: At the Oran Convention Center, Algeria Description: North Africa Petroleum Exhibition and Conference – NAPEC is the largest oil and gas exhibition & conference in Africa focusing on the north Africa Market. dedicated to the Upstream, Midstream and Downstream activities. NAPEC is the place to develop, grow and meet the oil & gas professionals coming from al

    Events  upstreamonline.com 12 hours old

    Eni makes sizeable discovery off Angola

    Italian player hits oil in the Afoxe exploration prospect located in Block 15/06

    Online  upstreamonline.com 12 hours old Anamaria Deduleasa

    Brazil denies Total Foz do Amazonas permission

    Brazil’s federal environmental agency Ibama has refused France’s Total permission to drill in the Foz do Amazonas basin, on an area that was licensed for exploration in 2013 and where Ibama granted permission for an extensive pre-funded 3D seismic shoot carried out in 2014. Total has spent almost three years trying to satisfy Ibama’s environmental impact assessment requirements for a planned dril

    Online  upstreamonline.com 12 hours old Gareth Chetwynd

    Coro joins Petronas off Malaysia

    AIM-listed player to conduct technical study over offshore Block 2A, eyeing ‘drillable prospects’

    Online  upstreamonline.com 12 hours old Anamaria Deduleasa

    Shell sanctions Shearwater gas re-route scheme

    Project is seventh final investment decision of 2018 for supermajor in UK North Sea

    Online  upstreamonline.com 12 hours old Rob Watts

    Equinor in Bight drilling delay

    Application lodged to push back frontier well until 2020/2021 drilling season

    Online  upstreamonline.com 12 hours old Josh Lewis

    Samsung confirms Jawa 1 FSRU deal

    MOL awards other key contracts for landmark Indonesian project

    Online  upstreamonline.com 13 hours old Amanda Battersby

    Equinor shuts Mongstad after leak

    Refinery staff evacuated after leak in LPG tank

    Online  upstreamonline.com 13 hours old Beate Schjølberg

    Tailwind hits first oil at Gannet E

    UK North Sea-focused newcomer completes subsea tieback project

    Online  upstreamonline.com 14 hours old Anamaria Deduleasa

    ONGC Videsh strikes oil at Colombia wildcat

    Latest well on CPO-5 tract comes up with pay for Indian operator and partner Amerisur

    Online  upstreamonline.com 14 hours old Eoin O'Cinneide

    Chinese player takes stake in Adnoc concession

    ZhenHua Oil subsidiary gets minority share in onshore concession

    Online  upstreamonline.com 15 hours old Nishant Ugal

    Eroton to spud OML 18 well

    Rig in place as Nigerian operator prepares to start drilling

    Online  upstreamonline.com 15 hours old Josh Lewis

    Benchmarks head in opposite directions

    Brent gains more ground but US crude eases in early trade

    Online  upstreamonline.com 16 hours old Reuters

    Duo get nod for Nour entry

    BP and Mubadala get approval to farm-in to Eni operated concession off Egypt

    Online  upstreamonline.com 20 hours old Josh Lewis

    STAR calls for Sarawak oil minister

    Political party claims state left in the dark over production figures

    Online  upstreamonline.com 20 hours old Amanda Battersby

    Mitsubishi exits Canning basin permits

    Buru Energy and Rey Resources increase interests in two onshore Australian permits

    Online  upstreamonline.com 20 hours old Josh Lewis

    QP picks up stake in Mozambique offshore blocks

    State-run Qatari company makes maiden entry to southern African nation

    Online  upstreamonline.com 22 hours old Nishant Ugal

    Azinor closes in on partner for UK campaign

    Private equity-funded explorer signs letter of intent with prospective partner for 2019 drilling

    Online  upstreamonline.com 24 hours old Rob Watts

    Oil settles up 2% after Opec deal

    Gains were capped by concerns that the cuts would not offset growing production

    Online  upstreamonline.com 07 Dec 21:59 GMT Reuters

    US oil rigs drop by 10

    Largest weekly decline in oil units since May 2016

    Online  upstreamonline.com 07 Dec 18:55 GMT Julia Martinez

    Chinese businessman convicted of US bribery charges

    Jury finds Chi Ping Patrick Ho guilty on seven counts that trial evidence said was related to work on behalf of CEFC China

    Online  upstreamonline.com 07 Dec 18:32 GMT Kathrine Schmidt

    USGS: Permian's Delaware resource 'largest ever assessed'

    Sub-basin estimated to hold 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas

    Online  upstreamonline.com 07 Dec 18:21 GMT Julia Martinez

    FREE

    Cut of 1.2m bpd agreed in Vienna

    Opec to contribute two-thirds of total production cut, with other key producers weighing in

    Online  upstreamonline.com 07 Dec 14:35 GMT Nassir Shirkhani

    Oil surges 5% as Opec agrees output cut

    Russia reportedly ready to chip in with 200,000 bpd output cut

    Online  upstreamonline.com 07 Dec 14:12 GMT Reuters

    Akastor to enter First Geo, AGR merger

    Norwegian oil services player to combine business with newly-created partnership

    Online  upstreamonline.com 07 Dec 13:58 GMT Anamaria Deduleasa

    Oil edges up as Russia indicates larger cut

    Benchmark Brent oil edged up on Friday after indications Russia would contribute a bigger output cut than previously suggested to an Opec and non-Opec deal, although prospects for an overall agreement still hung in the balance. Brent had nudged up 40 cents to $60.46 a barrel by 11:33am GMT after falling below $60 in early trade. US West Texas Intermediate (WTI) crude futures was steady, up a mo

    Online  upstreamonline.com 07 Dec 12:53 GMT Reuters

    Kenya pipeline boss held over loss of funds

    Kenya has appointed an acting chief executive to the state pipeline company KPC after five of its senior executives, including the chief executive, were arrested in connection with the loss of funds at the firm, the latest move to crack down on corruption. Dozens of Kenyan government officials and business people have appeared in court since May on charges relating to the alleged theft of hundred

    Online  upstreamonline.com 07 Dec 12:45 GMT Reuters

    US land rig numbers jump

    Canada also saw increase in onshore units last month over October numbers, Baker Hughes report says

    Online  upstreamonline.com 07 Dec 11:32 GMT Eoin O'Cinneide

    Iraq’s Ghadhban ‘optimistic’ on cut deal

    Oil minister of Opec member hopes for agreement on production curbs to address ‘severe slide’ in oil prices

    Online  upstreamonline.com 07 Dec 10:25 GMT Nassir Shirkhani

    Verus completes Babbage deal

    Private equity-funded oil company closes third UK transaction of the year as Spirit becomes operator

    Online  upstreamonline.com 07 Dec 09:26 GMT Rob Watts

    Equinor gets Troll 3 green light

    Norwegian authorities grant approval for plan of development at North Sea field set to cost over $900 million

    Online  upstreamonline.com 07 Dec 09:23 GMT Eoin O'Cinneide

    North Sea greenhouse gas emissions rise

    Offshore platforms account for 3% of UK's total output, according to new industry report

    Online  upstreamonline.com 07 Dec 08:32 GMT Rob Watts

    Sound spuds in Morocco

    UK player gets going at second of planned three exploration wells on Greater Tendrara permit

    Online  upstreamonline.com 07 Dec 08:01 GMT Eoin O'Cinneide

    Tower hires jack-up for Cameroon probe

    Vantage Drilling International rig to spud well on the Thali licence next year

    Online  upstreamonline.com 07 Dec 08:00 GMT Josh Lewis

    Ophir boosts Bualuang output

    Development drilling lifts production at offshore Thai oilfield

    Online  upstreamonline.com 07 Dec 07:35 GMT Josh Lewis

    Oil slips ahead of second Opec meeting

    Producer cartel to meet again on Friday to discuss output cuts

    Online  upstreamonline.com 07 Dec 04:36 GMT Reuters

    Kiewit wins Calcasieu Pass LNG contract

    Deal covers engineering, procurement and construction services on US export project

    Online  upstreamonline.com 07 Dec 02:55 GMT Josh Lewis

    Ophir flows gas off Indonesia

    Development plan to be prepared for discovery near the producing Oyong field

    Online  upstreamonline.com 07 Dec 01:44 GMT Josh Lewis

    PPL strikes Pakistan gas duo

    Discoveries will help reduce supply deficit

    Online  upstreamonline.com 07 Dec 00:52 GMT Amanda Battersby

    US evaluating small Pacific seismic permit

    Survey permit by Beta Operating would be the first off California in more than two decades, according to regulator

    Online  upstreamonline.com 07 Dec 00:16 GMT Kathrine Schmidt

    Prosecutors request detention for Tenaris CEO

    Request follows chief executive Paolo Rocca's 27 November indictment in graft probe

    Online  upstreamonline.com 06 Dec 23:40 GMT Caroline Evans

    Chevron to boost spend in 2019

    US supermajor to hike capital budget to $20 billion after announcing cuts last four years

    Online  upstreamonline.com 06 Dec 23:17 GMT Kathrine Schmidt

    QP tenders for oilfields redevelopment project

    Qatar Petroleum evaluating technical offers for pre-FEED contract as it plans to revamp ageing Bul Hanine and Maydan Mahzam fields

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Nishant Ugal

    EastMed surveys on menu

    IGI-Poseidon, a joint venture between Italy’s Edison and Athens-based Depa, is in the market for contractors to carry out detailed marine surveys along the 1400-kilometre route of the East Mediterranean pipeline that is set to bring gas from Israel’s Levantine basin to Greece, writes Iain Esau. The total value of the work is expected to run to about €24 million ($27.3 million), with two contracts

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Iain Esau

    Going with the flow...

    Fleet Admiral Bento Costa Lima has been named as Brazil’s next mines and energy minister Dwi Soetjipto has been appointed head of Indonesia’s upstream regulator SKK Migas Husky Energy has appointed Jeff Hart chief financial officer Scott McReaken has been named chief executive of Northern Drilling, succeeding Gunnar Winter Eliassen A K Tiwari has been appointed as chief financial officer of Ga

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Eoin O'Cinneide

    PTT perks up for coffee shot

    Thailand’s PTT plans to invest an estimated $1.3 billion over five years to build its Cafe Amazon coffee shop franchise into a global brand to rival the likes of Starbucks. “We aim to build the Cafe Amazon into a top 10 global brand over the next five years,” said PTT oil & retail chief executive Jiraporn Khaosawas. The Thai national outfit has its sights set on opening about 20,000 outlets worl

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Amanda Battersby

    Change the name of the game at FOE

    In a telling move, Norwegian rig contractor Fred Olsen Energy (FOE) is seeking to change its name at the same time as it is tottering on the brink of bankruptcy. FOE’s proposed refinancing plan has been blown out of the water after a planned sale of drillship Bolette Dolphin (pictured) collapsed when the potential buyer pulled out, and it is now battling to find an alternative solution in talks w

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Steve Marshall

    BP eyes artificial island

    UK supermajor BP may build an artificial island off Azerbajian to aid its efforts to is explore its Shallow-Water Absheron Peninsula (SWAP) contract area, writes Kama Mustafayeva. “We are considering the construction of an artificial island in the area close to Garabatag island where the water depth is around three-to-five metres,” said a BP spokesman in Baku. A final decision has yet to be made

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Kama Mustafayeva

    Murphy targets King Cake

    Murphy Oil is drilling ahead at its King Cake well in the Atwater Valley area of the US Gulf of Mexico, a key test in an area seeing renewed interest in deep-water exploration. The US player confirmed to Upstream it spudded the probe last month. The well is located in Atwater Valley Block 23. Work is being carried out by Transocean drillship Deepwater Asgard in 5381 feet of water, according to Bu

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Kathrine Schmidt

    Shell to link executive pay to emissions targets

    Supermajor plans carbon footprint initiative after exiting Corrib scheme off Ireland

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Eoin O'Cinneide

    Gazprom revenue, profits up

    Russian giant Gazprom posted improvements in its top and bottom lines in the third quarter and first nine months of 2018, due to higher international and domestic gas prices and increasing gas sales to Europe, writes Vladimir Afanasiev. Gazprom's revenues for the first nine months rose 27% to more than 5.9 trillion roubles ($90.8 billion), with the third-quarter figure standing at 1.93 trillion r

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Vladimir Afanasiev

    Cuadrilla plans talks to up fracking limits

    Cuadrilla Resources is planning to engage with UK regulators and the wider industry over the upper limits set for seismic monitoring during hydraulic fracturing in northern England, according to a major shareholder, writes Anamaria Deduleasa. The shale gas explorer, with ongoing fracking operations in Lancashire, is said to be eyeing talks with authorities to “clearly demonstrate that a more app

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Anamaria Deduleasa

    ExxonMobil in solar deal

    US supermajor ExxonMobil has confirmed that it will power some of its Texas oil and gas operations using wind and solar supplied by Orsted subsidiary Lincoln Clean Energy. A spokeswoman for the US supermajor told Upstream that it had signed 12-year power-purchase agreements with Lincoln for electricity generated by wind and solar farms. "We frequently evaluate opportunities to diversify our powe

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Vaca Muerta agreement

    Argentine state oil company YPF and Malaysia's Petronas are set to move into the full development phase at their Amarga Chica block in Argentina's Vaca Muerta shale play after agreeing a plan for joint investments of as much as $2.3 billion over the next four years. The partners aim to reach output of 60,000 barrels of oil equivalent per day by 2022 from the project in Nuequen province, YPF said

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Kathrine Schmidt

    Dea expands in Mexico as it swoops for Sierra

    German operator acquires private equity player to net significant stake in huge Zama find plus other assets

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Kathrine Schmidt

    PNG in regulator rethink

    Papua New Guinea’s government has revisited the prospect of establishing a new petroleum regulator as part of its plan to have a thriving industry for decades to come, writes Russell Searancke. Fabian Pok, the country’s Minister for Petroleum & Energy, said a bill to establish the Petroleum Resources Authority will be tabled in the next session of parliament next July. The new regulator will the

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Russell Searancke

    Alberta to cut its oil output by 325,000 bpd

    Canadian province moves to address low prices by clearing glut created by production backlog due to shortage of pipeline capacity

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Caroline Evans

    South Africa to amend ban

    South Africa’s government is set to amend a moratorium on application for oil and gas licenses. Minister of Mineral Resources, Gwede Mantashe, said the ban — which was put in place six months ago — will be amended to allow for the processing of applications currently in the system. The ban imposes a restriction on the granting of applications for technical co-operation permits, exploration right

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Iain Esau

    Costa Lima given energy role

    Brazilian Fleet Admiral Bento Costa Lima has been appointed the country’s next mines and energy minister. The announcement, made by Brazilian President-elect Jair Bolsonaro via Twitter, increases to 20 its Cabinet of ministers. Costa Lima is a director general of nuclear development and technology at Nuclebras, a state-owned company in charge of designing and manufacturing heavy components relat

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Fabio Palmigiani

    OneSubsea's Vigdis deal

    Equinor has handed Schlumberger business OneSubsea a deal worth Nkr700 million ($82.4 million) to deliver a boosting station for the Vigdis field off Norway. OneSubsea will provide the multiphase boosting system, including subsea template and trawling protection, with engineering set to start this month followed by fabrication in Bergen. The deal is part of Equinor’s Nkr1.4 billion enhanced reco

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Eoin O'Cinneide

    Sonangol in Equinor talks

    Equinor executives met Sonangol officials in Luanda this week to discuss its activities in Angola. During the meeting, Carlos Saturnino, chairman of Sonangol, invited Equinor to carry out exploration activities in blocks 6 and 1/14, pointing out the latter acreage holds undeveloped gas discoveries. Equinor will also provide technical and procurement assistance to Sonangol P&P, operator of Block

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Iain Esau

    Cheviot deal for Stena Spey

    Stena Drilling’s warm-stacked veteran semi-submersible Stena Spey is set to go to work on a long-term contract with Alpha Petroleum off the UK. The 1983-built rig has been fixed on what is understood to be a 480-day charter for drilling on Alpha’s still-to-be-sanctioned Cheviot development project, with work due to start in March 2019, with extension options. The contract was confirmed in a new

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Novatek to spud in Arctic

    Russia's Novatek aims to spud an exploration well in the shallow-water part of its Geofizichesky block in the Arctic between July and September next year. Novatek’s wholly owned subsidiary, Arctic LNG 1, has issued tender documents covering the drilling operation for the R-65 probe, which will be spudded in Ob Bay near the Gydan Peninsula when the area is ice-free.

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Vladimir Afanasiev

    Duo sign up for Zhenis

    Russia's Lukoil has signed joint operating and financing agreements with Astana-based KazMunaiGaz to explore and develop resources in the Zhenis block in Kazakhstan’s Caspian Sea waters. In the first exploration period, Lukoil aims to spend $60 million to gather seismic data and drill an exploration well on the 6800-square kilometre licence, while in the second phase it has committed to invest $

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Vladimir Afanasiev

    Denmark to Poland pipe plan

    Polish pipeline operator Gaz-System and its Danish counterpart Energinet have signed an agreement to build a gas pipeline between the two countries. Gaz-System said the Baltic Pipe will transport Norwegian gas to Poland and other countries in the region and allow for reverse flows from Poland to Denmark and Sweden. The project comprises 900 kilometres of offshore and onshore gas pipelines, with

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Vladimir Afanasiev

    Talos starts Zama tests

    Talos Energy has started its appraisal programme at the Zama discovery off Mexico. The US independent’s campaign has begun with the Zama-2 well being drilled by the semi-submersible Ensco 8503. The probe will be drilled north of the initial discovery well to look to confirm the oil-water contact. After reaching its main objective, Zama-2 will be deepened about 500 metres below the main target to

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Garten opens for business

    US operator Apache has started production from its Garten discovery in the UK North Sea. The well, which ties back to Apache’s Beryl facility, was placed on production in late November, less than eight months after being drilled in March 2018. It is currently producing at a rate of 13,700 barrels per day of oil and 15.7 million cubic feet of gas per day.

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Output boost in Yamal

    Russian state-controlled gas monopoly Gazprom has commissioned the third phase of its flagship Bovanenkovo gas development project on the Yamal Peninsula in West Siberia, writes Vladimir Afanasiev. This new phase could add production of up to 30 billion cubic metres of gas per year. The commissioning ceremony at the field was witnessed by President Vladimir Putin via a televised link from Moscow

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Vladimir Afanasiev

    Petrobras to raise spending over next five years

    Upstream sector to lead capital expenditure with pre-salt deep-water developments getting lion’s share of new investment

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Fabio Palmigiani

    IOG pushes back UK schedule

    Operator says time is not right to take a final investment decision for its southern North Sea gas hubs project

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Rob Watts

    Delay to Barryroe drill date

    Irish independent Providence Resources has pushed drilling at its Barryroe oilfield off the coast of Ireland into the third quarter of next year after a legal challenge was launched against a well site survey permit, writes Eoin O’Cinneide. The Dublin-based player will now apply for another permit from the Ministry of Communications, Climate Action & Environment after Ireland’s National Trust, kn

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Eoin O'Cinneide

    EnQuest looking to add Don North East volumes

    Scale of future project at North Sea field will depend on results from single well at undeveloped fault block

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Rob Watts

    Sidetrack success boosts production at Anasuria Cluster

    A new sidetrack well has boosted production for the two Malaysian joint venture partners running the Anasuria Cluster of fields in the UK central North Sea, writes Rob Watts. Hibiscus Petroleum said the GUA-P2-ST sidetrack on the Guillemot-A field, which was drilled over the summer, has this month achieved natural gross flow rates of 3697 barrels per day of oil. The ultimate recovery from this w

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Rob Watts

    Galp to expand in Brazil

    Player plans to invest up to $1 billion per year

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Fabio Palmigiani

    Hoegh ready to meet increasing Chinese demand for FSRU vessels

    Hoegh LNG is close to winning charters for a pair of newbuild floating storage and regasification units as Chinese demand for liquefied natural gas propels strong tendering activity, writes Steve Marshall. The contractor has gained exclusivity on two FSRU projects and is in the final selection round for two others, with all scheduled for start-up in the 2020-2021 timeframe. It is also involve

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Steve Marshall

    EWC projects stall in Indonesia and Philippines

    Sengkang construction slows as key agreements yet unsigned

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Lebanon runs rule over hopefuls for FSRU units

    Eight in contention to provide three vessels as country also prepares tender for gas pipeline infrastructure

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Amanda Battersby

    New boss at SKK Migas

    Dwi Soetjipto, former president director of Indonesia’s national oil and gas company Pertamina, has been appointed to head the nation’s upstream regulator SKK Migas. Dwi, like his predecessor as chairman Amien Sunaryadi, will serve a four-year term, taking his tenure through to late 2022. "As a minister, I expect that Dwi will continue what the previous chair had been working on and jack up the

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Amanda Battersby

    Santos to drill two wells at Dorado find off WA next year

    Australian operator Santos will drill two wells at the Dorado discovery off Western Australia in the first half of next year. It will use the jack-up Noble Tom Prosser for the two-well campaign, with the first probe expected to spud around April. Joint venture partner Carnarvon Petroleum said this week the wells would gather more information on the volume of oil, gas and condensate discovered in

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Josh Lewis

    Shell plans wildcatting campaign off Sarawak

    Supermajor contracts survey vessel to identify potential well locations at Block SK 318 off East Malaysia

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Amanda Battersby

    Petronas signs up trader Vitol for LNG Canada supplies

    Malaysia’s Petronas has agreed a deal for the long-term supply of liquefied natural gas to Switzerland-based trader Vitol that is mainly expected to come from the LNG Canada facility in British Columbia, writes Julia Martinez. Vitol said it had signed a binding heads of agreement with Petronas for a sale and purchase agreement that would see Petronas LNG supply Vitol with up to 800,000 tonnes per

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Berwick soldiering on as boss of AAOG

    After serving in the British Army and the French Foreign Legion, James Berwick's career path in the industry has taken him to the top job at Anglo African Oil & Gas

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Anamaria Deduleasa

    Small Permian players face tide of consolidation

    Independents carried out much of the exploration - but as basins move into development their presence is diminishing

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Caroline Evans

    Midstates to pause drilling

    Oklahoma-based Midstates Petroleum is to step away from drilling rig operations in the first half of 2019, citing the present commodity price environment and efforts to optimise shareholder value for the US company. “We remain focused on maximizing shareholder value and being prudent financial stewards. Given the current macro-economic conditions and the fact that we have over 90% of our core acr

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Julia Martinez

    US majors to exit ACG field

    US supermajors ExxonMobil and Chevron are looking to sell their stakes in the giant Azeri-Chirag-Gunashli (ACG) oilfield in Azerbaijan as well as a major associated pipeline linking the field with the Mediterranean, writes Kama Mustafayeva. ExxonMobil is hoping to raise up to $2 billion from the sale of its 6.8% stake in ACG, Reuters reported this week, while Chevron is selling its 9.57% stake, t

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Global Mediator

    Takeover target Faroe in Equinor asset swap

    UK independent hands over Njord field stake and gains interests in Alve, Marulk, Ringhorne East and Vilje

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Beate Schjolberg

    Oil event auction raises African wildlife funds

    Industry players chip in to help animals at African Petroleum Club get-together

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Iain Esau

    YPF driving down costs in Vaca Muerta

    Unconventional output on the rise from major play in Argentina, but several key factors are preventing it from reaching full potential

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Gareth Chetwynd

    Plenty opportunities remain in Argentina's prolific formation

    Argentina's Vaca Muerta formation is part of a well-known basin, with accumulated historical data and knowledge covering more than 60,000 square kilometres but with less than 20% of the acreage allocated, writes Gareth Chetwynd. Better described as a calcareous mudstone than a shale, the Vaca Muerta has variable characteristics, but it is already plain that the sweet spots are as prolific as almo

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Gareth Chetwynd

    More acquisitions on Serica's radar

    Serica Energy is on the look-out for more North Sea acquisitions and will now have greater financial flexibility following the completion of its North Sea deals that will give access to larger amounts of cash flow, writes Rob Watts. Chief executive Mitch Flegg said the last few acquisitions Serica has done — for BP’s interest in the Chevron-operated Erskine field and for interests in the Bruce, K

    Weekly  upstreamonline.com 06 Dec 23:00 GMT Rob Watts