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Oil rises on Middle East tension
Comments Opec could extend ouput cuts also provides support for pricesOnline upstreamonline.com 10 minutes old
Abadi LNG on the move
Heads of Agreement with Indonesian authorities paves way for revised Plan of Development to be submittedOnline upstreamonline.com 20 minutes old
Evol in Adaman LNG supply pact
West Australian gold mine to be powered by LNGOnline upstreamonline.com 23 minutes old
Greenpeace claims BP rig forced back
Activists claim rig has made a U-turn back towards Scotland as protest enters second weekOnline upstreamonline.com 1 hours old
Sole pipeline repairs complete
Project on track for first gas in the third quarter of 2019Online upstreamonline.com 2 hours old
Senex sells Roma North facilities
Operator also signs tolling agreement for up to 31-years with new owner JemenaOnline upstreamonline.com 3 hours old
Transborders teams up with Kyushu Electric
Pair to work together on FLNG technology aimed at developing stranded resourcesOnline upstreamonline.com 3 hours old
North Dakota hits another gas output record
Preliminary figures for April show state gas production outpacing crude outputOnline upstreamonline.com 14 Jun 19:29 GMT
US rig count down by six
Permian play loses five units for 442 in total after last weekOnline upstreamonline.com 14 Jun 18:00 GMT
Oil rises as demand fears outweigh geopolitics
Prices set for weekly loss amid new attacks on oil tankers near Strait of HormuzOnline upstreamonline.com 14 Jun 16:26 GMT
Legacy Reserves in restructuring deal
Announcement sends company's stock price higher as investors appear to support planOnline upstreamonline.com 14 Jun 16:09 GMT
Shell approved for four deep-water Mexico projects
Approvals add to earlier green-lighting of five other deep-water areasOnline upstreamonline.com 14 Jun 16:05 GMT
South Sudan replaces Gatkuoth as oil minister
South Sudan President Salva Kiir has replaced Minister of Petroleum & Mining Ezekiel Lol Gatkuoth with Awow Daniel Chuang, a technocrat who has hitherto served as director general for petroleum within the ministry. A former mathematics teacher in the capital of neighbouring Sudan, Khartoum, Chuang pursued a career in gold refining in Saudi Arabia before working for South Sudan state oil company SOnline upstreamonline.com 14 Jun 15:52 GMT
Hydrogen ‘could replace gas’ in energy mix - IEA
Major study released at G20 recommends actionable steps to bring down costs, build infrastructure and spur tradeOnline upstreamonline.com 14 Jun 14:11 GMT
Oil set for weekly loss despite tanker attacks
Oil prices steadied on Friday but remained on track for a weekly loss on fears that trade disputes will dent global oil demand, though attacks on two oil tankers in the Gulf of Oman this week gave prices a floor. Brent crude futures were up 14 cents at $61.45 a barrel by 1:44pm GMT, having gained 2.2% on Thursday. US West Texas Intermediate crude futures were down 9 cents at $52.19. WTI also rosOnline upstreamonline.com 14 Jun 14:03 GMT
CNOOC International extends Maersk jack-up charter
Chinese operator exercised second option on rig for infill drilling at Buzzard field off UKOnline upstreamonline.com 14 Jun 11:00 GMT
‘Meeting demand growth unlikely a problem' - IEA
Paris-based agency says there is plenty of supply available to limit significant upward pressure on oil pricesOnline upstreamonline.com 14 Jun 10:19 GMT
Greenpeace ‘back onboard’ North Sea rig
Activist return to BP-chartered rig after injunction order has police remove protestorsOnline upstreamonline.com 14 Jun 08:04 GMT
US: Iran 'removed mine' from damaged tanker
US Navy releases video footage it says shows Revolutionary Guard taking unexploded mine from hull of Kokuka CourageousOnline upstreamonline.com 14 Jun 07:53 GMT
Oil rises again after Middle East tanker attacks
Oil rose for a second day on Friday, extending sharp gains following attacks on two oil tankers in the Gulf of Oman that stoked concerns of reduced crude flows through one of the world's key shipping routes. The attacks near Iran and the Strait of Hormuz pushed oil prices up as much as 4.5% on Thursday, putting the brakes on a slide in prices in recent weeks over concerns about global demand. OiOnline upstreamonline.com 14 Jun 06:51 GMT
Gazprom Neft eyes work on potentially tricky blocks
Russian player's plans could be hindered by US and EU sanctions due to their locationOnline upstreamonline.com 14 Jun 06:40 GMT
Woodside seeks Julimar approvals
Australian operator aiming to boost gas supplies into the Wheatstone LNG facilityOnline upstreamonline.com 14 Jun 05:02 GMT
NZ has 11 years of gas reserves
Government figures prompt calls by Pepanz for more exploration and developmentOnline upstreamonline.com 14 Jun 01:50 GMT
Afcons calls on Malaysian yard
TH Heavy to build jacket piles for two offshore platforms for KG-DWN-98/2 projectOnline upstreamonline.com 14 Jun 01:31 GMT
Aker Energy eyes Greater Pecan plan date
Norwegian player closing in on submitting integrated plan of development for complex off GhanaOnline upstreamonline.com 14 Jun 01:00 GMT
Oil prices rise 2% after tanker attacks near Iran
US Secretary of State Mike Pompeo said Iran 'responsible' for oil tanker attacksOnline upstreamonline.com 13 Jun 22:05 GMT
Cambodia awaits first drop
KrisEnergy's Apsara project on course to produce country's first crude output, as government hopes new exploration plans will reverse recent setbacksFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Big two ready for recovery
After the past few difficult years, construction giants Sembcorp and Keppel have re-shaped and diversifiedFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Gas is only part of the fuel solution
Gas is cleaner than the traditional alternatives but, as emissions rise at the fastest rate for seven years, it may not be clean enoughWeekly upstreamonline.com 13 Jun 22:00 GMT
Energean in Environment Day drive
Greek independent Energean Oil & Gas got on board with World Environment Day on 5 June, with a trio of initiatives in its operating countries of Israel, Greece and Montenegro. In Israel, where it is in the midst of the Karish & Tanin gas field development, it reached an agreement with the Israel Nature & Parks Authority to support the live coverage of the passage of hundreds of sharks though theWeekly upstreamonline.com 13 Jun 22:00 GMT
Lukoil gets sporty in Kogalym
Russia’s Lukoil has teamed up with federal and local authorities to build a new sports complex in the centre of the country that will give local children a chance to brush up on their winter sports skills. The sports training centre in Kogalym in the Khanty-Mansi autonomous region will be a public-private partnership that will give kids access to sports such as ice hockey, figure skating, curlingWeekly upstreamonline.com 13 Jun 22:00 GMT
Surf’s up for Woodside Nippers
Woodside Energy has extended its sponsorship of the Surf Life Saving Western Australia (SLSWA) in a deal that is seeing the independent lend its name to a kids programme. The Woodside Nippers is designed to teach children aged between five and 12 surf life-saving skills at the SLSWA’s 31 clubs up and down Australia’s west coast. The new five-year, A$5 million (US$3.48 million) deal will see WoodWeekly upstreamonline.com 13 Jun 22:00 GMT
OGUK invites armchair critics to the table
Industry body shows it is not taking the future sitting downWeekly upstreamonline.com 13 Jun 22:00 GMT
Going with the flow...
Joseph Elkhoury is taking over from the retiring Norrie McKay as chief executive of KCA Deutag Mike Adams has been named technical director at Genel Energy and has joined the executive committee along with Vrijesh Kumar Gupta Kerenga Kua has been named as Papua New Guinea’s new petroleum minister Stuart Jackson is replacing Mark Morris as chief financial officer at Seadrill ADM Energy has appoWeekly upstreamonline.com 13 Jun 22:00 GMT
Kelidang boost for Brunei Darussalam
Unitisation proposals set to spearhead other development projects in sultanateFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Sudan in for harsh winter
These are tense times in Sudan, with opposition protesters agreeing to suspend strike action while talks resume over how to form a transitional sovereign council, waiting to see if the regime makes good on its promise to release political prisoners, writes Barry Morgan. Mediation by Ethiopian Prime Minister Abiy Ahmed Ali was initially rebuffed, with soldiers arresting dissidents and firing on ciWeekly upstreamonline.com 13 Jun 22:00 GMT
BLNG beats production and delivery targets
Project preparing for greater global competitionFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Dominican Republic bid round
The Dominican Republic is offering 10 onshore and four offshore blocks in the Caribbean nation's first licensing round. This licensing exercise is being co-ordinated by the Ministry of Energy & Mines in Santo Domingo in partnership with Edinburgh-based consultancy Wood Mackenzie. In terms of schedule, the details are scarce, although the official launch will take place in Houston, Texas on 10 JuWeekly upstreamonline.com 13 Jun 22:00 GMT
White Rose back on line
Husky Energy has restarted production from the Southern Drill Centre at its White Rose oilfield off the Canadian province of Newfoundland & Labrador. The company resumed output from this portion of the oilfield after successful leak tests were conducted and overseen by the Canada Newfoundland Labrador Offshore Petroleum Board. The company said that flowlines at the South White Rose Extension, SoWeekly upstreamonline.com 13 Jun 22:00 GMT
Ecopetrol strikes light oil with Capachos onshore well
Colombian state-controlled oil company Ecopetrol and partner Parex Resources have hit oil at an exploration well in the Capachos onshore tract in the department of Arauca. The Andina Norte-1 exploration well flowed an average of 2785 barrels per day of oil and 4.3 million cubic feet per day of gas in the Guadalupe formation during a production test that began on 5 June. In the Une formation, avWeekly upstreamonline.com 13 Jun 22:00 GMT
Petrobras launches hunt for RSV contractors
Over a dozen invited to bid in 10 July contestWeekly upstreamonline.com 13 Jun 22:00 GMT
BP now ready to roll at Ironbark
A BP-led joint venture has finalised a series of agreements to drill the large Ironbark-1 gas prospect off Western Australia. The joint venture partners have previously contracted the semi-submersible drilling rig Ocean Apex for a late-2020 assignment at Ironbark, which has a best estimate of 15 trillion cubic feet of prospective recoverable gas. Completion of the Ironbark agreements confirms thWeekly upstreamonline.com 13 Jun 22:00 GMT
Shell launches rig tender off Brunei
Drilling contractors get invitation to bid for BSP job and PTTEP also looking for unit at Bongkot fieldWeekly upstreamonline.com 13 Jun 22:00 GMT
Hibiscus drill drive off Sabah
Hibiscus Petroleum has started development drilling intended to boost production at its assets off Sabah, East Malaysia. Hibiscus and partner Petronas Carigali, Malaysia’s national upstream company, are drilling wells at the St Joseph A and South Furious C platforms under a contract expected to last until the end of November. The pair have contracted PetroVietnam Drilling’s jack-up rig PV 1 forWeekly upstreamonline.com 13 Jun 22:00 GMT
L&T poised to win ONGC deal
Indian player submits lowest bid to provide living quarters platform off west coastWeekly upstreamonline.com 13 Jun 22:00 GMT
Madura setback for pair
Joint operators Husky Energy and China National Offshore Oil Corporation have been forced to delay by one year the start-up of the Madura MDA-MBH satellite project in Indonesia, writes Russell Searancke. Two shallow-water platforms have already been installed and drilling of the five MDA development wells and two MBH production wells is planned to start this year. A floating production unit thatWeekly upstreamonline.com 13 Jun 22:00 GMT
More delays in sight for Vietnam Block B project
Tough domestic investment climate poses a challenge for developmentWeekly upstreamonline.com 13 Jun 22:00 GMT
Lukoil eyes Nene with Congo-Brazzaville deal
Russian player buys NewAge's stake in the Marine XII block that holds producing fieldWeekly upstreamonline.com 13 Jun 22:00 GMT
Achimov stake for OMV
Austria’s OMV is to pay Gazprom around $1 billion for a stake in the Russian gas monopoly’s blocks hosting the Achimov formation in West Siberia, writes Eoin O'Cinneide. The two partners are also aiming to finalise a field development plan for the gas and condensate play by the end of this year. The pair signed an agreement at the St Petersburg International Economic Forum last week that is setWeekly upstreamonline.com 13 Jun 22:00 GMT
Greenpeace protest delays rig
Members of environmental group board semisub Paul B Loyd Jr, preventing it from departing to North Sea job for BPWeekly upstreamonline.com 13 Jun 22:00 GMT
Partners sought for Guinea-Bissau drilling
Juniors Trace and BEC in the hunt as they eye frontier wildcats off Guinea-BissauWeekly upstreamonline.com 13 Jun 22:00 GMT
PGNiG gets Total's 22.2% stake in King Lear find off Norway
Polish player PGNiG is set to boost its future Norwegian production after acquiring a 22.2% stake in the King Lear gas and condensate discovery in the North Sea from Total. Total's sale follows the exit last year of former King Lear operator Equinor, leaving development of the high-pressure, high-temperature find to a new pair of owners led by operator Aker BP on 77.8%. "King Lear is one of theWeekly upstreamonline.com 13 Jun 22:00 GMT
Petrobras underlines its deep-water commitment
Brazilian giant to continue to invest in core business of exploration while planning to sell off lion's share of its refineriesWeekly upstreamonline.com 13 Jun 22:00 GMT
New Halcon boss named
US shale player Halcon Resources has named Richard Little as its chief executive, filling a position that has been vacant since Floyd Wilson resigned in February amid shareholder pressure. Little was more recently the chief executive at privately owned Ajax Resources, which was acquired by shale giant Diamondback Energy last year in a $1.25 billion deal. He is a petroleum engineer with 23 years oWeekly upstreamonline.com 13 Jun 22:00 GMT
Selling pressures snag prices
Weaker demand forecast and booming US inventories flatten valuesWeekly upstreamonline.com 13 Jun 22:00 GMT
PNG 'has no time to waste' with LNG plans
Papua New Guinea's leading operator Oil Search has reminded the country's new government that there is no time to waste in moving ahead with the nation's planned LNG expansion projects. New Prime Minister James Marape was voted in by parliament on 30 May 2019 to replace Peter O'Neill, who resigned. Marape, aged 48, has just unveiled a new Cabinet, which included Kerenga Kua as Petroleum & EnergyWeekly upstreamonline.com 13 Jun 22:00 GMT
Senegal demands probe
Senegal has demanded investigations into energy deals in which Petro-Tim, a company founded by businessman Frank Timis, earlier won operatorship of the Cayor Offshore Deep and St Louis Deep blocks, writes Barry Morgan. The move followed the broadcast of a BBC documentary calling into question the probity of circumstances leading to the acquisition and of the role of Senegal President Macky Sall’sWeekly upstreamonline.com 13 Jun 22:00 GMT
Kazakhstan votes in Totayev
Kazakhstan's presidential elections brought no surprises, with acting President Kasym-Zhomart Tokayev collecting almost 71% of ballots cast, giving him the right to remain at the post for five years. Tokayev, 66, previously head of the upper chamber of the Kazakh parliament, was directly endorsed to run for the post by the country’s first president, Nursultan Nazarbayev, who announced his resignaWeekly upstreamonline.com 13 Jun 22:00 GMT
Trudeau in trouble over energy bills
Premiers of five provinces and one territory warn legislation risks 'dividing the nation'Weekly upstreamonline.com 13 Jun 22:00 GMT
Neptune extends Gjoa job
Private equity-backed Neptune Energy has extended a contract with Rosenberg Worley to include additional modifications on the Gjoa semi-submersible platform in the North Sea off Norway. The engineering, procurement, construction, installation and commissioning contracts, with an undisclosed value, were awarded under the existing Gjoa topsides modification frame agreement signed with the unit ofWeekly upstreamonline.com 13 Jun 22:00 GMT
Shell to pull plug at Knarr
Shell is planning to exit its Knarr field off Norway early in the next decade as an exploration effort has failed to turn up finds to extend the field’s lifetime, writes Steve Marshall. The Anglo-Dutch supermajor has seen declining output of late from the North Sea field, which it acquired from former operator BG Group through its 2016 takeover of the latter. Shell recently issued for consultaWeekly upstreamonline.com 13 Jun 22:00 GMT
CMHI looking to step in for DSIC Offshore assets
China Merchant Heavy Industry has eyes on consolidation as Chinese yard looks to restructureWeekly upstreamonline.com 13 Jun 22:00 GMT
EU payment system plan to beat US Iran sanctions 'ready soon'
German Foreign Minister Heiko Maas said this week that a European Union (EU) payment system designed to circumvent US sanctions on Iran will be ready soon, while urging Tehran not to abandon the landmark 2015 nuclear agreement with world powers, writes Nassir Shirkhani. Maas held talks with Iran's President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif in Tehran as part of European effWeekly upstreamonline.com 13 Jun 22:00 GMT
Ukraine's bleak outlook on new Russia-Europe gas deal
Ukrainian state gas player Naftohaz does not believe it will reach a new agreement with Gazprom that will allow Russian gas to be sent through Ukraine to Europe after 1 January 2020, writes Beate Schjolberg. “It is very, very likely there will be no transit contract from 1 January 2020,” Naftohaz executive director Yuriy Vitrenko said at a seminar in Oslo. Ending Ukrainian transit of Russian gasWeekly upstreamonline.com 13 Jun 22:00 GMT
Gazprom Neft brings in trio for exploration drive
Deals with Shell, Repsol and Zarubezhneft aimed at stepping up work on acreage in West SiberiaWeekly upstreamonline.com 13 Jun 22:00 GMT
China's Guohai starts to market stranded rigs
Government-run asset manager looking to sell units but not at any price as bidders try their hand at low offersWeekly upstreamonline.com 13 Jun 22:00 GMT
Petrofac secures PDO job
UK-listed engineering company Petrofac has won a $75 million contract from Petroleum Development Oman (PDO) to provide procurement services for the Mabrouk North-East Line Pipe Procurement project in the Persian Gulf sultanate. The 10-year contract is the latest to be awarded under a frame agreement signed in 2017 to provide engineering, procurement and construction management support services foWeekly upstreamonline.com 13 Jun 22:00 GMT
Shell to spud Sarawak well
Anglo-Dutch supermajor Shell is preparing to spud the Jerangau-1 exploration well on Block SK 318 off Sarawak, East Malaysia. Shell recently completed the Gandarusa wildcat, also on Block SK 318, as a tight hole and now Transocean’s semi-submersible rig Deepwater Nautilus is en route to the Jerangau well location. Jerangau-1 is expected to take around two months to drill. Other prospects on deeWeekly upstreamonline.com 13 Jun 22:00 GMT
Palm Valley downgrade
One of the few producing onshore fields in Australia's Northern Territory has had a reserves downgrade following a period of under performance from the field's wells. Central Petroleum said the wells at its Palm Valley field had not performed as expected, leading to an decrease in the proven and probable gas reserves to 26.1 petajoules (24.6 billion cubic feet of gas) compared to 42 petajoules.Weekly upstreamonline.com 13 Jun 22:00 GMT
Tatneft numbers improve
Russian oil producer Tatneft posted improving financials for the first quarter, saying its consolidated revenues grew 21% to more than 227 billion roubles ($3.55 billion) against the same period in 2018. The company performed even better on the bottom line, with net income rising 46% to over 61 billion roubles. Tatneft's total debt declined during the first quarter, from $6.1 billion on 31 DecembWeekly upstreamonline.com 13 Jun 22:00 GMT
MHWirth to buy Bronco
Norwegian company Akastor’s drilling services outfit MHWirth has agreed to acquire Bronco Manufacturing in a $31.5 million all-stock deal. Headquartered in Tulsa, Oklahoma, Bronco manufactures replacement parts for onshore and offshore drilling rigs.Weekly upstreamonline.com 13 Jun 22:00 GMT
Philippines mired in exploration impasse
E&P ventures have not delivered, bid rounds have failed to excite - but government remains confidentFocus Editions upstreamonline.com 13 Jun 22:00 GMT
PetroVietnam casts shadow over growth
National oil company is in retreat, while China's sovereignty claims hinder activity in deep-water areasFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Licensing rounds add to Jakarta exploration drive
Indonesia has already completed its first licensing round of 2019 and wasted no time in launching its second such offering, comprising four blocks — three exploration blocks and one producing asset, writes Amanda Battersby. The Ministry of Energy & Mineral Resources (ESDM) has invited bids for the West Kampar, West Ganal, Kutai and Bone blocks. The West Ganal exploration block had been offered iFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Kaliberau Dalam in sight for fast track
Kaliberau Dalam delivers for RepsolFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Malaysia's licensing under wraps
3D broadband to unlock playsFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Shell celebrates maiden Prelude FLNG exports
LNG carrier Valencia Knutsen en route to Asia with first cargo shipment from operator's landmark liquefaction projectWeekly upstreamonline.com 13 Jun 22:00 GMT
Pair aim for Austin Chalk seismic
Seismic players CGG and Fairfield Geotechnologies have teamed up to carry out a multi-client seismic shoot in the Austin Chalk trend extending into the US state of Louisiana. The large-scale survey, called Bayou Boeuf, will image the play in a wide-azimuth shoot spanning 578 square miles designed to “provide a better understanding of the formations in this area”. The acquisition in the south-cWeekly upstreamonline.com 13 Jun 22:00 GMT
Horizontal wells dominate
The vast majority of tight oil and shale gas formations in the US are using horizontal wells for production, according to the Energy Information Administration (EIA). About 15 years ago, horizontal wells made up 15% of crude output and 14% of natural gas production in shale plays. In 2018, that percentage jumped to 96% and 97%, respectively. Horizontal wells surpassed the number of vertical wellWeekly upstreamonline.com 13 Jun 22:00 GMT
Comstock set to become top dog in the Haynesville
Independent will take over as largest operator in Texas and Louisiana shale play through $2.2 billion acquisition of Covey ParkWeekly upstreamonline.com 13 Jun 22:00 GMT
RakGas on move in Malawi
United Arab Emirates-based RakGas has completed an environmental and social impact assessment (ESIA) for target exploration areas in blocks 4 and 5, notably in Machinga, Salima and Mangochi on the southern shores and to the south of Lake Nyasi in Malawi, ahead of starting onshore and offshore 2D seismic. Commenced in 2014 by indigenous consultancy Akatswiri and Bangladesh-based Enviro Consultant,Weekly upstreamonline.com 13 Jun 22:00 GMT
Five-well Nigeria campaign
State-owned Nigerian Petroleum Development Company and its partner Eland Oil & Gas are set to start a five-well drilling campaign this month in OML 140 onshore the Niger Delta, writes Iain Esau. Production from this asset, which borders the Gulf of Guinea and flows to Shell’s Forcados terminal, is currently running at about 26,000 barrels per day all from the Opuama field, according to Eland chieWeekly upstreamonline.com 13 Jun 22:00 GMT
Summit eyes Africa assets
Summit E&P, the UK upstream subsidiary of Japan’s Sumitomo, is for the first time targeting the acquisition of assets in Africa. John Austin, the subsidiary’s new chief executive, said the company aims to expand its portfolio outside the North Sea, US shale, Vietnam and various liquefied natural gas projects where it is a partner. “We’re developing a strategy for Africa. We have offices in manyWeekly upstreamonline.com 13 Jun 22:00 GMT
Corpus Christi on track
Cheniere Energy of the US expects to have the third liquefied natural gas train at its Corpus Christi LNG facility in Texas up and running before the end of 2021. The company said in a disclosure to US federal regulators this week that it is sticking with its previously disclosed start-up target. Cheniere made a filing asking for an extension to a 2014 order giving it until the end of 2019 to fiWeekly upstreamonline.com 13 Jun 22:00 GMT
New Dahej expansion
India's largest liquefied natural gas importer, Petronet LNG, has expanded capacity at its Dahej import terminal to 17.5 million tonnes per annum from the previous 15 million tpa. Petronet said that facilities related to this latest expansion of its Dahej terminal have been commissioned and are under stabilisation. "As such the additional gas send-out from Dahej LNG terminal has commenced. The pWeekly upstreamonline.com 13 Jun 22:00 GMT
Novatek gains key nod for Arctic LNG 2 plans
Russian independent Novatek has been granted a significant regulatory approval for its Arctic LNG 2 export project, writes Vladimir Afanasiev. The Glavgosexpertiza state expert review board approved the Novatek proposal to build a permanent marine terminal on the shore of Ob Bay for the liquefied natural gas project. Glavgosexpertiza said that in the initial phase, the government will manage theWeekly upstreamonline.com 13 Jun 22:00 GMT
How Sun engineered his way to the top of his trade
Northern Offshore chairman took his inspiration from Beijing railway workers... and calligraphyWeekly upstreamonline.com 13 Jun 22:00 GMT
Petronas eyes Africa expansion
Malaysian state oil company Petronas is actively looking at expanding its upstream portfolio in Africa, writes Iain Esau. Petronas is active in Gabon, Mauritania, Senegal, Gambia, Angola, Sudan and Egypt, but is eyeing opportunities in West and East Africa, said Mohammed Redhani bin Abdul Rahman, the company's head of global exploration and new ventures. Speaking recently, he said Africa has a lWeekly upstreamonline.com 13 Jun 22:00 GMT
Sverdrup 4D work for CGG
CGG has been enlisted by Equinor to process 4D seismic data acquired from a permanent reservoir monitoring (PRM) system installed at the under-development Johan Sverdrup field off Norway. The French seismic contractor will provide high-quality images for analysis by Equinor’s geoscientists to optimise production management and hydrocarbon recovery at the North Sea field. Its contract with theWeekly upstreamonline.com 13 Jun 22:00 GMT
Inquiry ordered into 2013 crash
A fatal accident inquiry has been ordered into the deaths of four people who were in a helicopter that crashed flying from North Sea oil and gas platforms to Sumburgh in Shetland six years ago. Scotland’s Crown Office & Procurator Fiscal Service confirmed the inquiry will be held, but no date has yet been set. The CHC Helicopter-operated Super Puma L2 aircraft hit the sea on its approach to SumbWeekly upstreamonline.com 13 Jun 22:00 GMT
PGNiG signs deal for LNG
Poland’s PGNiG has signed up for a further 1.5 million tonnes per annum of liquefied natural gas from Venture Global’s planned Plaquemines LNG facility in the US. The 20-year offtake agreement adds to an earlier deal between the parties for 1 million tpa of LNG from the Louisiana facility south of New Orleans on the Mississippi River. Venture Global is set to sanction the development this year,Weekly upstreamonline.com 13 Jun 22:00 GMT
GOIL woos Tullow
State-owned downstream player Ghana Oil (GOIL) has signalled it is in advanced talks with Anglo-Irish operator Tullow Oil to bid jointly for Block WB-03 off Ghana's Western Region. “We want to join Tullow as its local partner and are still discussing the level of exposure,” according to GOIL managing director Kwame Osei-Prempeh. The state-owned refined product distributor last year agreed to taWeekly upstreamonline.com 13 Jun 22:00 GMT
Ugandans eye Kingfisher
Ugandans will finally get a chance this month to view preparations by China National Offshore Oil Corporation (CNOOC) to develop the Kingfisher field on the shores of Lake Albert, aided by the Petroleum Authority of Uganda (PAU). The PAU will present an Environmental & Social Impact Assessment (ESIA) report in two public hearings scheduled for 19 June and 22 June in the districts of Kikuube and HWeekly upstreamonline.com 13 Jun 22:00 GMT
ExxonMobil to target Vaca Muerta expansion
US supermajor to drill 90 wells in development of Neuquen acreage in Argentine shale playWeekly upstreamonline.com 13 Jun 22:00 GMT
Devon targets cut in methane emissions by 2025
Devon Energy has become the latest operator to set a formal target for reducing greenhouse gas emissions across its US portfolio, writes Julia Martinez. The Oklahoma City-based independent said it is looking to reduce its methane intensity rate by 2025, to about 0.28% or lower. Last year, the company’s methane intensity rate was about 0.32%, a figure pending review from the Environmental ProtecWeekly upstreamonline.com 13 Jun 22:00 GMT
Vietnam field developments driven by internationals
Most of the oil and gas field development activity in Vietnam is being driven by international oil companies, while the joint operating companies busy themselves with their producing fields, writes Russell Searancke. Japan’s Idemitsu Kosan is the operator of the most advanced project, the US$1 billion-plus Sao Vang and Dai Nguyet gas and condensate development in the Nam Con Son basin. The mainFocus Editions upstreamonline.com 13 Jun 22:00 GMT
SBM nets Mero FPSO contract
Petrobras signs deal for Mero phase twoWeekly upstreamonline.com 13 Jun 22:00 GMT
LNG imports to play part in beating Myanmar blackouts
Gas-to-power projects to meet burgeoning demandFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Potential not yet delivered
Country keen to attract exploration playersFocus Editions upstreamonline.com 13 Jun 22:00 GMT
Eni keeps faith in Vietnam with another exploration well
Italy's Eni continues to believe in Vietnam’s prospectivity and is currently drilling another exploration well there, despite a lacklustre record in the country, writes Russell Searancke. The operator is drilling a shallow-water exploration well in Block 114 in the Song Hong basin. PV Drilling said its jack-up PV Drilling VI spudded the well in early May and that drilling is expected to last 80Focus Editions upstreamonline.com 13 Jun 22:00 GMT
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