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  • Reliance slams cash for PDVSA oil reports

    Venezuelan crude purchases said not to violate US sanctions

    Online  upstreamonline.com 4 hours old Amanda Battersby

    Mari finds more Punjab oil

    Production test planned on Dharian ahead of next probe

    Online  upstreamonline.com 6 hours old Amanda Battersby

    Bangladesh FSRU on location

    Gas could enter grid next month

    Online  upstreamonline.com 14 hours old Amanda Battersby

    BP shuts Central Azeri for maintenance

    Short shutdown of facility in Caspian Sea comes after $6 billion FID on Azeri Central East

    Online  upstreamonline.com 20 Apr 22:00 GMT Kama Mustafayeva

    Saipem, Gazprom in 'amicable' South Stream deal

    Italian contractor and Russian gas giant reach settlement agreement over pipeline project that was quashed in 2014

    Online  upstreamonline.com 19 Apr 16:00 GMT Vladimir Afanasiev

    Qatar issues tender for four mega-LNG trains

    Three consortia receive invitations to bid for work set to form the centrepiece of giant North Field Expansion project

    Weekly  upstreamonline.com 19 Apr 11:00 GMT Nishant Ugal and Nassir Shirkhani

    BP sanctions $6bn ACE scheme in Caspian Sea

    UK supermajor and partners including Chevron, ExxonMobil and Equinor pull trigger on new platform in Azerbaijan

    Online  upstreamonline.com 19 Apr 09:41 GMT Eoin O'Cinneide

    ExxonMobil in 13th Guyana find at Yellowtail

    Discovery is the fifth in Turbot area, expected to become "major development hub"

    Online  upstreamonline.com 18 Apr 20:49 GMT Kathrine Schmidt

    Oil prices inch up on tightening global supply

    US oil rig count fell by eight, first drop in three weeks

    Online  upstreamonline.com 18 Apr 20:40 GMT Reuters

    Deadline extended for TMX decision

    Canadian government gets more time for consultations with Indigenous groups

    Online  upstreamonline.com 18 Apr 18:15 GMT Caroline Evans

    US drillers drop eight oil rigs

    Overall rig count dropped by 10

    Online  upstreamonline.com 18 Apr 18:10 GMT Julia Martinez

    Driftwood LNG gets green light

    US Ferc also approves construction and operation of Port Arthur LNG project in Texas

    Online  upstreamonline.com 18 Apr 16:17 GMT Caroline Evans

    ExxonMobil picks up Noble rig for Guyana

    Drillship Noble Don Taylor tapped for one-year gig off South American nation

    Online  upstreamonline.com 18 Apr 15:36 GMT Kathrine Schmidt

    Oil prices rise on lower US stocks, Opec+ supply cuts

    Oil prices rose slightly on Thursday, boosted by a decline in US inventories, ongoing supply cuts from Opec and its allies, and US sanctions on Venezuela and Iran. Brent crude futures were at $71.80 a barrel at 1:13pm GMT, up 18 cents from their last close and near Wednesday's five-month high of $72.27 a barrel. US West Texas Intermediate (WTI) crude futures were at $63.83 per barrel, up 7 cents

    Online  upstreamonline.com 18 Apr 14:35 GMT Reuters

    Kibsgaard sees shallow water hot streak

    Schlumberger boss says this year will see the shallows dominate the offshore scene, with pronounced deep-water recovery a while off yet

    Online  upstreamonline.com 18 Apr 14:02 GMT Eoin O'Cinneide

    ConocoPhillips in $2.7bn UK assets sale to Chrysaor

    US independent sells UK North Sea E&P assets and decommissioning liabilities to private equity-backed player

    Online  upstreamonline.com 18 Apr 12:11 GMT Eoin O'Cinneide

    Schlumberger profit down

    Oilfield services giant warns of slower growth in US shale patch in coming years

    Online  upstreamonline.com 18 Apr 11:04 GMT Eoin O'Cinneide

    Chevron to launch asset sale to fund Anadarko deal

    Supermajor lines up disposal plan of between $15 billion and $20 billion

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Eoin O'Cinneide

    Controversial new Colorado rules signed into law

    A controversial bill overhauling how oil and gas activity is regulated in the US state of Colorado was signed into law this week, writes Caroline Evans. Colorado Governor Jared Polis signed the bill, known as Senate Bill 181, as expected on Tuesday afternoon. The law gives cities the authority to regulate some oil and gas activities. In addition, the state regulatory body would see a change in

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Indonesia goes to the polls

    Jokowi tipped for second presidential term

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Industry approves Alberta landslide vote

    Landslide for the UCP ushers in aggressively pro-oil and gas administration

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Caroline Evans

    Merger to supercharge Permian shale efforts

    A key element of Chevron’s acquisition of Anadarko will be the impact it will have on the US supermajor’s already ambitious drilling and development programme in the Permian basin, writes Kathrine Schmidt. The company will look to bring its technological expertise to bear to improve recovery, lower costs and improve efficiencies on an even bigger scale at the prolific shale play. The deal is als

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Santos toasts success with Corvus-2 well

    Operator hits 'one of the largest hydrocarbon columns ever' on NW Shelf

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Josh Lewis

    US Gulf giants power up

    The merger between Chevron and Anadarko Petroleum will combine two longtime offshore powerhouses in the US Gulf of Mexico assuming it is completed, resulting in the fusion of the third and fourth-largest producers in the region, writes Kathrine Schmidt. Chevron said the $33 billion deal announced last Friday would nearly triple its count of operated platforms in the US Gulf from six to 16 units.

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Sissi 'could stay in power till 2030'

    Egypt’s parliament has passed amendments to the constitution that could see President Abdel-Fattah el-Sisi remain in power until 2030. Sisi is credited with restoring political stability in Egypt that has led to increased foreign investment in the key oil and gas sector. However, human rights groups say he has overseen an unprecedented crackdown on dissent that has led to the detention of tens

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Haftar keeps up Tripoli military offensive

    Libya’s renegade general Khalifa Haftar kept up his military offensive against the capital Tripoli as the UN prepared to demand an immediate ceasefire. Haftar's push on the capital threatens to further destabilise the oil-rich country and reignite a full-blown civil war. Both sides accuse each other of targeting civilians. The chairman of Libya’s National Oil Corporation, Mustafa Sanallah, said

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Mozambique president visits Cabo Delgado

    Mozambique’s President Filipe Nyusi made a surprise visit to gas-rich Cabo Delgado province late last week, accompanying another military detachment that has just been deployed to tackle the brutal activities of armed insurgents, writes Iain Esau. Nyusi met residents of Mapalangane in Palma region— which will be host a huge liquefied natural gas complex — as well as communities in Mbau and Ilala,

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Nigeria revokes licences

    Six blocks taken back in rent-and-royalty row

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Dolphin returns to rig sale

    Norway’s Dolphin Drilling is to attempt once again to sell its drillship Bolette Dolphin after bringing on board a partner to secure its financial future, write Ole Ketil Helgesen and Steve Marshall. The Oslo-listed rig owner, formerly known as Fred Olsen Energy, has received the backing of investment company Strategic Value Partners (SVPGlobal). SVPGlobal said it has successfully reached an agr

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    BSOG gains approval for Midia plan off Romania

    Black Sea operator receives backing for developing the Ana and Doina gas fields

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Anamaria Deduleasa

    Methane-tracking satellite set for 2021 launch

    US-based conservation group Environmental Defense Fund (EDF) is expected soon to award a final design and manufacturing contract for the MethaneSAT, a small satellite specifically designed to produce high-resolution images of methane emissions and make the information available to the public, writes Russell McCulley. An EDF spokesperson tells Upstream that a contract is likely to be announced in

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Anjung's topsides set to sail

    Brooke Dockyard & Engineering Works is preparing for the sailaway of the topsides for national upstream company Petronas Carigali’s Anjung gas field development off its native Malaysia. Load-out of the topsides on to the barge POE Giant 21 was planned to start around the time Upstream went to press. The operation will involve a distance of up to 101 metres into the middle of Sarawak River on whi

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    More time for SapuraOMV

    Malaysia’s SapuraOMV Upstream has been granted a time extension of seismic and drilling commitments on one of its four Australian exploration permits. The extension in Block AC/P61 gives SapuraOMV another 18 months until 22 December 2020 to satisfy a geological and geophysical work commitment, and allows the operator until 22 December 2023 to drill a first exploration well, according to a regulat

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    PGS releases data for Ivory Coast survey

    Seismic contractor Petroleum Geo-Services (PGS) has completed processing offshore data sets covering waters off Ivory Coast, with the results now available to interested oil companies, writes Barry Morgan. The merged post-stack data sets comprise multiple surveys re-worked to a common grid, mostly beyond the 200-metre isobar. According to PGS, the data is "ideal for the continued exploration for

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Frontera puts back drilling

    Canadian independent Frontera Energy has postponed drilling of a key exploration well in Colombia to next year, writes Fabio Palmigiani. Frontera has deferred drilling of the Cocodrilo wildcat to 2020 after it was awarded new acreage in the Coralillo field in the Guatiquia block in the Llanos basin. The company plans to carry out development drilling in Coralillo this year before progressing to

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Beaufort lease sale backing

    Alaska’s Department of Natural Resources (DNR) has given its backing to opening up its sector of the Beaufort Sea to an area-wide lease sale following a preliminary report from regulators. “The director preliminarily finds that the potential benefits of the lease sales outweigh the possible negative effects, and that the Beaufort Sea Areawide oil and gas lease sales will best serve the interests

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Staatsolie in wells drive

    Staatsolie has begun operations on a long-anticipated nine-well nearshore drilling programme in Suriname. The state-led producer contracted the Seadrill-owned jack-up rig West Castor for the campaign. It also signed a logistics contract with Medserv International and a rig service contract with Halliburton. Upstream previously reported that the drilling campaign is set to run into early 2020,

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Drill plan for ExxonMobil

    ExxonMobil has submitted more information to Australia’s offshore regulator on an ultra-deepwater well it plans to drill off the coast of Victoria. The National Offshore Petroleum Safety & Environmental Management Authority is expected to make a decision on whether or not to approve the US supermajor's environmental plan for the Sculpin-1 well in Vic/P70 on 26 April. A decision was due last mon

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    COSL charters CMHI jack-ups for Bohai Bay push

    Chinese drilling contractor takes on two units in deal expected to ease yard's supply constraints

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Xu Yihe

    More work needed on emissions say industry big guns

    Top officials at BP and Woodside Petroleum say the energy industry can do more to address greenhouse gas emissions concerns by promoting natural gas as a cleaner fuel alternative while cleaning up their own operations, write Josh Lewis and Vladimir Afanasiev. BP chief executive Bob Dudley says the industry must take action to counter gloomy predictions that it will not be able to comply with toug

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Vulcan seismic for Shell

    Shell plans to acquire later this year a large amount of 3D seismic data off north-west Australia near its Crux gas and condensate field. The Factory 3D survey will cover 3750 square kilometres across Blocks AC/P65, AC/P41, WA-534-P and a very small portion of adjacent acreage. The survey will be done over a period of two to three months from 1 July to 30 December, Shell said. All three of the

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Sunrise gas field deals

    The Timor-Leste government has completed its $650 million purchase of ConocoPhillips' and Shell's interests in the Greater Sunrise gas fields. The Dili-based government now owns a 56.56% interest in the fields thanks to acquiring ConocoPhillips' 30% stake and Shell's 26.56% equity. The Greater Sunrise fields are located 150 kilometres south of Timor-Leste's south coast in water depths between 90

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Inpex planning to drill exploration well at Browse

    Japanese operator Inpex is planning to drill an exploration well in the Browse basin off Western Australia. An environment plan for the proposed campaign in WA-343-P was submitted last week with Australian regulator the National Offshore Petroleum Safety & Environmental Protection Management Authority (Nopsema). The plan covers a pre-drilling site survey and the drilling and evaluation of an exp

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Bids in for Brazil semisub charter

    Drilling contractors submitted bids this week in a Petrobras tender for the charter of anchor-moored semi-submersible rigs to operate in 700 metres of water off Brazil, write Fabio Palmigiani and Gareth Chetwynd. The state-controlled operator is seeking up to two units to to carry out drilling, completion and well intervention work in the Campos and Santos basins. With 22 companies registered to

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Mills steps in for Roan

    The chief executive at Samson Resources has stepped in to lead Anadarko basin-focused Roan Resources after the surprise resignation of Roan chief executive Tony Maranto last week for 'personal reasons'. Samson Resources chief executive Joseph Mills, who has served on the Roan board since November, was appointed to executive chairman on Monday. He will serve on an interim basis until a new chief

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Heavyweights dive in for Argentine acreage

    Supermajors among bidders as country awards 18 blocks in maiden offshore round

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Gareth Chetwynd and Kathrine Schmidt

    Serica in UK North Sea drive

    UK-based Serica Energy is looking to further expand its North Sea portfolio after ending last year on a high with its purchase of operating stakes in the Bruce, Keith and Rhum fields (BKR) from supermajor BP, writes Anamaria Deduleasa. Serica, which also acquired additional interests in the fields from Total, BHP and Marubeni bringing its interests to 98% in the Bruce field, 100% of the Keith fie

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Action on tender for Campos and Santos basin wells

    Brazil’s Petrobras is set to receive bids in the next few weeks in a pair of tenders for work that will be designed to assess the integrity of its wells and subsea equipment in the Campos and Santos basins, writes Fabio Palmigiani. Petrobras plans to contract an international engineering company to provide specialised services for the execution of riser analysis, designing of casing columns and w

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Prize day for Keppel yards

    Singapore’s Keppel Offshore & Marine has secured a pair of contracts worth S$160 million (US$118.3 million). Subsidiary Keppel Shipyard is set to start work in the third quarter on fabrication of topsides modules and other structures for an unidentified floating production, storage and offloading unit, with delivery scheduled for 2021. In the second contract, subsidiary Keppel FELS will carry ou

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    South Sudan in export call

    South Sudan Petroleum Minister Ezekiel Gathuoth has urged continued oil industry co-operation with Sudan, despite the political turmoil gripping its northern neighbour, to assure uninterrupted output and oil exports to the Red Sea export terminal at Port Sudan.

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Midstream deals set to take off in coming years

    Investor interest in asset-level acquisitions on the rise

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Caroline Evans

    EnscoRowan gets set for action

    Merged rig giant to have headquarters in London and significant base in Houston

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Eoin O'Cinneide

    Vintage in hand for sweet taste of success

    Ex-BP executive Greg Coleman is using his experience in the oil and gas industry to promote an online school for energy and hydrocarbons based in Uganda

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Iain Esau

    KazMuniaGaz cuts its debt

    Kazakh state company KazMunaiGaz repayed some of its long-term debt last year using cash reserves as its management took heart from a climb in gross earnings of 46% to almost 7 trillion tenge ($20.3 billion), despite oil and gas production staying almost flat. The company said that in 2018 it spent $1.6 billion to buy a previously issued tranche of Eurobonds and another $400 million to fully repa

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Oil giant at home in Nigeria

    ExxonMobil will not be selling off Nigerian assets any time soon as was suggested locally two weeks ago, according to Richard Laing, the supermajor’s production manager for Nigeria, writes Barry Morgan. Laing reportedly made this clear to Minister of State for Petroleum Resources Ibe Kachikwu during a visit to ExxonMobil’s Erha floating production, storage and offloading vessel in OML 133. Kachi

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Petronas going greener

    Deal marks Malaysian national outfit's foray into overseas renewables

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    OPINION: Bashir's fall was no Arab Spring

    Long-predicted ousting of Sudan's president could lead to more regional turmoil

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Barry Morgan

    Eagle takes Florida step

    Houston-based Eagle LNG Partners has taken another step towards sanctioning a proposed liquefied natural gas export facility in Florida after receiving a positive final environmental impact assessment from US federal regulators. Staff at the US Federal Energy Regulatory Commission in the report concluded that the small-scale project in Jacksonville “would result in some limited adverse environmen

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Inpex ticks the boxes at Abadi in Indonesia

    Japan’s Inpex is making steady progress in Indonesia towards the front-end engineering and design phase of its Abadi liquefied natural gas project, writes Russell Searancke. The company has this year been working on another version of a development plan to submit to the government based on the results of pre-FEED work that was completed in late 2018. Inpex is not commenting on when it hopes to b

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Bid prices emerge in pitch for Sete Brasil rigs

    Magni and Keppel Fels show their hands but views are mixed on whether struggling owner will accept

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Gareth Chetwynd

    Delek in US Gulf field deal

    Israel’s Delek Group has signed a deal worth $965 million to take Shell’s 22.45% stake in the Caesar-Tonga producing oilfield in the US Gulf of Mexico, writes Eoin O’Cinniede. The asset, located in the Green Canyon area 300 kilometres south of Louisiana, produces 71,000 barrels of oil equivalent per day gross. The field lies in 1500 metres of water and produces via eight subsea wells tied back to

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    BP set to quit Chinese shale sector

    UK supermajor BP is the latest foreign explorer to exit China's shale gas operations, highlighting the difficulties overseas players have had in making profitable investments in the sector, writes Amanda Battersby. BP had signed production sharing contracts with China National Petroleum Corporation (CNPC) to jointly explore and exploit shale gas in Sichuan province's Neijiang-Dazu and Rongchangbe

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Layne Water gets boost

    Permian water services provider Layne Water Midstream of the US has received a $200 million equity commitment led by private equity firms Post Oak Energy Capital and Genesis Park. Post Oak and Genesis Park acquired Layne from Granite Construction with a commitment to continue to fund the company’s growth. Layne Water management also invested alongside Post Oak and Genesis Park. Woodlands, Texas-

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    US shale output on course to break crude record

    US onshore shale output is forecast to break crude production records in May, according to the US Energy Information Administration. Total crude output from seven shale plays across the nation is expected to reach 8.46 million barrels per day, an increase of 80,000 bpd. The Permian basin of west Texas and south-east New Mexico will lead the way with production gains helping the region hit a new

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Oil takes a pause after robust rise on the ladder

    Prices supported by more positive signals on state of Chinese economy and declines in US crude stocks

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Nassir Shirkhani

    Indonesia plans to set up umbrella company over Pertamina

    The Indonesian government is planning to set up a super holding company to act as an umbrella organisation for state-owned enterprises, including national oil and gas company Pertamina, writes Amanda Battersby. The proposal was revealed by President Joko Widodo before this week’s presidential elections and confirmed by State-Owned Enterprises Minister Rini Soemarno. The key, said Rini, is to ensu

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Cameron LNG plant progress

    Feed gas has started flowing into the first train at the Sempra Energy-operated Cameron liquefied natural gas export facility in Louisiana, marking the final commissioning phase for the unit before producing first LNG, writes Caroline Evans. US federal regulators late last week authorised the introduction of pipeline feed gas to the facility and Sempra is planning to ramp up feed gas deliveries t

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Oil team rescues paddling pooch off Thailand

    Workers on Chevron platform answer man’s-best-friend overboard SOS

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Citgo’s meals on wheels in Houston

    Citgo Petroleum has unveiled a mobile food pantry in Houston aimed at helping communities that are still financially impacted by the devastating Hurricane Harvey, which hit the Texas oil capital and wider region in 2017. The US refining joint venture with Venezuelan state oil player PDVSA brought Houston Mayor Sylvester Turner along to inaugurate the service on 8 April at the Volunteers of Americ

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    OMV inks Gubkin Uni deal

    Austria’s OMV has teamed up with the Moscow-based Gubkin Russian State University of Oil & Gas in a deal to co-operate on scientific, technical and academic projects. The oil company and the university, which already work together on industry projects, are to explore further possible implementation of joint educational and research projects and programmes as well as the organisation of joint trai

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Concho in connector team

    US Permian player Concho Resources has entered a joint venture to build a 100-mile (160-kilometre) crude gathering system, with initial flows anticipated later this year. Concho will team up with privately owned Frontier Midstream Solutions to develop the 150,000 barrels per day Beta Crude Connector in the northern Midland sub-basin of the Permian. Each company will hold a 50% equity interest,

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Going with the flow...

    Ajay Kumar Dixit has replaced Sudhir Mathur as chief executive of Cairn Oil & Gas Alina Popa has been appointed chief financial officer of OMV Petrom James Parkin has quit as chief operating officer of KrisEnergy Mark Lappin is to succeed the retiring Algy Cluff as chairman of Cluff Natural Resources Bob Bryce has joined Rever Offshore as operations director Marit Blaasmo is replacing Jorunn

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Saab Seaeye joins rockfish rescue drive

    Scientists in the US state of Washington have enlisted the help of marine engineering player Saab Seaeye to help monitor populations of rockfish, which are in danger of extinction due to overfishing. Washington Department of Fish & Wildlife has selected the Saab Seaeye underwater robotic vehicle Falcon to assess the health of the species in Puget Sound. The one-metre-long vehicle can reach depth

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Chevron entry a boost for Mozambique LNG

    Merger with Anadarko expected to benefit project... but influence will be limited until deal is completed

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Iain Esau

    ConocoPhillips assesses bids for Barossa facilities

    Supermajor runs rule over offers for a range of packages for gas development

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Russell Searancke

    Santos is close to PNG deal

    Australian independent Santos is getting close to finalising its farm-in to the P’nyang gas development in Papua New Guinea, writes Russell Searancke. P’nyang is earmarked as a feedstock source for a new liquefied natural gas train at the existing PNG LNG complex. Santos is a co-owner in the PNG LNG facility, so farming in to the P’nyang development will create better alignment of the ownership

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Chevron starts Sanha drive

    Bid process launched for new platform as supermajor steps up Lean Gas project off Angola

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Iain Esau

    Brazil government steps away from Petrobras pricing

    The Brazilian government backtracking from interference in the national oil company’s fuel pricing strategies elicited an audible sigh of relief across financial markets this week, showing that this error-prone administration has not yet used up its quota of goodwill. Rather than pursuing a form of right-wing populism that was starting to bear some resemblance to the left-wing variety, President

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Gareth Chetwynd

    Change to Mexico approvals process

    A new set of guidelines aimed at streamlining the approval of oil and gas exploration and development plans in Mexico went into effect this week after publication in the country’s official diary, writes Kathrine Schmidt. The changes are based around three goals — optimising deadlines, simplifying requirements and making processes systematic, according to oil regulator the National Hydrocarbons Co

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    BHP success off Trinidad

    BHP has hit hydrocarbons at the first well in its latest drilling programme in deep waters off Trinidad & Tobago. “Bele-1... was spud on 2 March 2019 and encountered hydrocarbons. Drilling is still in progress and our assessment is ongoing,” the Australian company said in its latest operational review. The well was drilled in Trinidad & Tobago Block 23(a) targeting gas in Pliocene-aged formation

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Talos sidetrack at Zama delivers again for Mexico

    Appraisal confirms northern extension of discovery adding to potential and opens up further options for partners

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Kathrine Schmidt

    Turan seals deal with BP for Azerbaijan platform work

    Turan Drilling & Engineering has won a deal worth up to $700 million from BP to work on seven of the UK supermajor’s platforms in Azerbaijan’s section of the Caspian Sea, write Kama Mustafayeva and Eoin O'Cinneide. The company, a joint venture between UK-based KCA Deutag and Azeri state player Socar, will carry out operations and maintenance work on the East Azeri, West Azeri, Central Azeri, Deep

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    CGG completes Gabon survey

    Paris-based CGG has completed a multi-client survey over the Gabon South basin, comprising 9800 kilometres of long-offset 2D seismic data. This data will be fast-tracked into data sets for delivery by the end of this month. The survey data will help companies assess acreage on offer in Gabon’s 12th offshore licensing round. Supported by SpectrumGeo, Gabon's licensing exercise offers 12 shallow-

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Tanzania exploration

    Tanzania is to carry out joint oil exploration operations with Uganda. While gas has been discovered onshore Tanzania, much of the country remains unexplored and hopes are high that oil may be struck in the interior. Tanzania's Energy Minister Medard Kalemani said co-operative teams have already been established to push this vision forward. The minister, who was speaking at a parliamentary comm

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Eni crane death probe

    An Italian court has opened an investigation into an incident in which an offshore worker died on the Eni-operated Barbara F platform in the Adriatic Sea. “The Public Prosecutor of Ancona opened an investigation against unknown persons,” Eni said in its 2018 annual report. The worker — a crane operator — died on 5 March when the crane fell into the sea, hitting a supply vessel and injuring two p

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Argentina takes the spotlight

    Global oil companies’ appetites for frontier exploration acreage in Latin America have not yet been satisfied. That’s a key takeaway from Argentina’s first deep-water bid round, which attracted 13 top players to place more than $700 million in high bids this week, despite only nascent knowledge of the underexplored areas. Already a rising star on the oil and gas scene, Argentina will add a new a

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Kathrine Schmidt

    Trio on menu for Neuquen

    The governor of Argentina’s Neuquen province at the heart of the Vaca Muerta shale has forecast that at least three major projects will enter the development phase in the basin this year, writes Kathrine Schmidt. The increase will bring the total number of such projects in the area to 10, with even more potential on the horizon. The projection from Neuquen Governor Omar Gutierrez echoes comments

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    ENN ends interest in buying unit with Freeport LNG stake

    Chinese private gas market player ENN Ecological has terminated a deal that would have seen it acquire a unit of Japan’s Toshiba, which holds a stake in the Freeport LNG project in the US, writes Xu Yihe. In early November last year, ENN signed an initial deal to buy Toshiba America LNG (TAL) for a cash payment of $15 million. Under the deal, ENN would have gained access to 2.2 million tonnes pe

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    North Dakota suffers production frostbite

    Severe cold weather in the US state of North Dakota led to significant drops in oil and gas output in February after the home of the Bakken shale formation hit record production highs in January, according to preliminary data from regulatory officials. The state saw a 5% drop in crude production, to 1.34 million barrels per day from more than 1.40 million bpd in January, according to a monthly re

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Controlling greenhouse gases is a team game

    Industry 'must work together' to reduce the 100 Bcm of methane emitted each year

    Weekly  upstreamonline.com 18 Apr 11:00 GMT Beate Schjolberg

    Husky spuds Tiger's Eye

    Husky Energy has spudded an exploration well off Newfoundland & Labrador, Canada. A Husky spokesperson said the Tiger’s Eye D-17 probe began drilling on 3 April using semi-submersible Henry Goodrich. However, according to a Canada-Newfoundland & Labrador Offshore Petroleum Board dated 8 April, initial operations were hit by harsh weather. Tiger’s Eye lies in Exploration Licence 1122, about 10 k

    Weekly  upstreamonline.com 18 Apr 11:00 GMT ....

    Keppel O&M back in profit

    Offshore and marine division of Singapore shipyard returns to the black in first quarter

    Online  upstreamonline.com 18 Apr 10:50 GMT Eoin O'Cinneide

    Eni secures fresh acreage in Middle East

    Italian major picks up exploration tract offshore Ras Al Khaimah in UAE

    Online  upstreamonline.com 18 Apr 10:06 GMT Nassir Shirkhani

    Petrobras steps out in Sergipe-Alagoas

    Bids invited for impact studies over planned installation of two FPSOs in deep-water frontier basin

    Weekly  upstreamonline.com 18 Apr 10:00 GMT Fabio Palmigiani

    Black & Veatch gets green light for Tortue job

    Converted FLNG vessel to start operations in 2022

    Online  upstreamonline.com 18 Apr 08:58 GMT Amanda Battersby

    Modec delivers new mooring system for Petronas’ PFLNG Satu

    Japanese company’s company Sofec completes engineering, supply and delivery contract for unit that has moved to new field off Sabah

    Online  upstreamonline.com 18 Apr 08:45 GMT Eoin O'Cinneide

    Petrobras raises diesel prices

    Brazilian state giant's boss Roberto Castello Branco says it has complete control over its pricing strategy

    Online  upstreamonline.com 18 Apr 07:34 GMT Reuters

    Jadestone to get to work at Montara

    Well intervention programme planned ahead of infill drilling at Australian oilfield

    Online  upstreamonline.com 18 Apr 07:09 GMT Josh Lewis

    OPINION: Chevron-Anadarko deal stirs M&A pot

    OPINION: The $50 billion Chevron deal to buy Anadarko Petroleum has hit the mergers and acquisitions market like a depth charge. This is the sixth-biggest ever transaction in the oil and gas sector and would make the combined group the largest US oil and gas producer. Chevron to launch asset sale to fund giant Anadarko deal A bold strike like this will surely encourage a whole load of other p

    Weekly  upstreamonline.com 18 Apr 07:00 GMT Editorial

    China pins shale hopes on new framework

    New policy aims to increase foreign investment and production in unconventionals

    Weekly  upstreamonline.com 18 Apr 07:00 GMT Xu Yihe