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  • Oil rises on Middle East tension

    Comments Opec could extend ouput cuts also provides support for prices

    Online  upstreamonline.com 10 minutes old Reuters

    Abadi LNG on the move

    Heads of Agreement with Indonesian authorities paves way for revised Plan of Development to be submitted

    Online  upstreamonline.com 20 minutes old Amanda Battersby

    Evol in Adaman LNG supply pact

    West Australian gold mine to be powered by LNG

    Online  upstreamonline.com 23 minutes old Josh Lewis

    Greenpeace claims BP rig forced back

    Activists claim rig has made a U-turn back towards Scotland as protest enters second week

    Online  upstreamonline.com 1 hours old Josh Lewis

    Sole pipeline repairs complete

    Project on track for first gas in the third quarter of 2019

    Online  upstreamonline.com 2 hours old Josh Lewis

    Senex sells Roma North facilities

    Operator also signs tolling agreement for up to 31-years with new owner Jemena

    Online  upstreamonline.com 3 hours old Josh Lewis

    Transborders teams up with Kyushu Electric

    Pair to work together on FLNG technology aimed at developing stranded resources

    Online  upstreamonline.com 3 hours old Josh Lewis

    North Dakota hits another gas output record

    Preliminary figures for April show state gas production outpacing crude output

    Online  upstreamonline.com 14 Jun 19:29 GMT Julia Martinez

    US rig count down by six

    Permian play loses five units for 442 in total after last week

    Online  upstreamonline.com 14 Jun 18:00 GMT Julia Martinez

    Oil rises as demand fears outweigh geopolitics

    Prices set for weekly loss amid new attacks on oil tankers near Strait of Hormuz

    Online  upstreamonline.com 14 Jun 16:26 GMT Reuters

    Legacy Reserves in restructuring deal

    Announcement sends company's stock price higher as investors appear to support plan

    Online  upstreamonline.com 14 Jun 16:09 GMT Caroline Evans

    Shell approved for four deep-water Mexico projects

    Approvals add to earlier green-lighting of five other deep-water areas

    Online  upstreamonline.com 14 Jun 16:05 GMT Reuters

    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 S

    Online  upstreamonline.com 14 Jun 15:52 GMT Barry Morgan

    Hydrogen ‘could replace gas’ in energy mix - IEA

    Major study released at G20 recommends actionable steps to bring down costs, build infrastructure and spur trade

    Online  upstreamonline.com 14 Jun 14:11 GMT Anamaria Deduleasa

    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 ros

    Online  upstreamonline.com 14 Jun 14:03 GMT Reuters

    CNOOC International extends Maersk jack-up charter

    Chinese operator exercised second option on rig for infill drilling at Buzzard field off UK

    Online  upstreamonline.com 14 Jun 11:00 GMT Eoin O'Cinneide

    ‘Meeting demand growth unlikely a problem' - IEA

    Paris-based agency says there is plenty of supply available to limit significant upward pressure on oil prices

    Online  upstreamonline.com 14 Jun 10:19 GMT Anamaria Deduleasa

    Greenpeace ‘back onboard’ North Sea rig

    Activist return to BP-chartered rig after injunction order has police remove protestors

    Online  upstreamonline.com 14 Jun 08:04 GMT Anamaria Deduleasa

    US: Iran 'removed mine' from damaged tanker

    US Navy releases video footage it says shows Revolutionary Guard taking unexploded mine from hull of Kokuka Courageous

    Online  upstreamonline.com 14 Jun 07:53 GMT Eoin O'Cinneide and Nassir Shirkhani

    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. Oi

    Online  upstreamonline.com 14 Jun 06:51 GMT Reuters

    Gazprom Neft eyes work on potentially tricky blocks

    Russian player's plans could be hindered by US and EU sanctions due to their location

    Online  upstreamonline.com 14 Jun 06:40 GMT Vladimir Afanasiev

    Woodside seeks Julimar approvals

    Australian operator aiming to boost gas supplies into the Wheatstone LNG facility

    Online  upstreamonline.com 14 Jun 05:02 GMT Russell Searancke

    NZ has 11 years of gas reserves

    Government figures prompt calls by Pepanz for more exploration and development

    Online  upstreamonline.com 14 Jun 01:50 GMT Russell Searancke

    Afcons calls on Malaysian yard

    TH Heavy to build jacket piles for two offshore platforms for KG-DWN-98/2 project

    Online  upstreamonline.com 14 Jun 01:31 GMT Russell Searancke

    Aker Energy eyes Greater Pecan plan date

    Norwegian player closing in on submitting integrated plan of development for complex off Ghana

    Online  upstreamonline.com 14 Jun 01:00 GMT Barry Morgan

    Oil prices rise 2% after tanker attacks near Iran

    US Secretary of State Mike Pompeo said Iran 'responsible' for oil tanker attacks

    Online  upstreamonline.com 13 Jun 22:05 GMT Reuters

    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 setbacks

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT Amanda Battersby

    Big two ready for recovery

    After the past few difficult years, construction giants Sembcorp and Keppel have re-shaped and diversified

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT Russell Searancke

    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 enough

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Amanda Battersby

    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 the

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Eoin O'Cinneide

    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, curling

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Eoin O'Cinneide

    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 Wood

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Eoin O'Cinneide

    OGUK invites armchair critics to the table

    Industry body shows it is not taking the future sitting down

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Rob Watts

    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 appo

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Eoin O'Cinneide

    Kelidang boost for Brunei Darussalam

    Unitisation proposals set to spearhead other development projects in sultanate

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT Amanda Battersby

    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 ci

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Barry Morgan

    BLNG beats production and delivery targets

    Project preparing for greater global competition

    Focus 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 Ju

    Weekly  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, So

    Weekly  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, av

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    Petrobras launches hunt for RSV contractors

    Over a dozen invited to bid in 10 July contest

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Fabio Palmigiani

    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 th

    Weekly  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 field

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Xu Yihe

    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 for

    Weekly  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 coast

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Nishant Ugal and Eoin O'Cinneide

    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 that

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    More delays in sight for Vietnam Block B project

    Tough domestic investment climate poses a challenge for development

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Russell Searancke

    Lukoil eyes Nene with Congo-Brazzaville deal

    Russian player buys NewAge's stake in the Marine XII block that holds producing field

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Eoin O'Cinneide

    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 set

    Weekly  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 BP

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Anamaria Deduleasa

    Partners sought for Guinea-Bissau drilling

    Juniors Trace and BEC in the hunt as they eye frontier wildcats off Guinea-Bissau

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Iain Esau

    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 the

    Weekly  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 refineries

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Fabio Palmigiani

    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 o

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    Selling pressures snag prices

    Weaker demand forecast and booming US inventories flatten values

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Nassir Shirkhani

    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 & Energy

    Weekly  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’s

    Weekly  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 resigna

    Weekly  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 Caroline Evans

    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 of

    Weekly  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 consulta

    Weekly  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 restructure

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Xu Yihe

    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 eff

    Weekly  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 gas

    Weekly  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 Siberia

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Vladimir Afanasiev

    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 offers

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Xu Yihe and Gareth Chetwynd

    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 fo

    Weekly  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 dee

    Weekly  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 Decemb

    Weekly  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 confident

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT Amanda Battersby

    PetroVietnam casts shadow over growth

    National oil company is in retreat, while China's sovereignty claims hinder activity in deep-water areas

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT Russell Searancke

    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 i

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT ....

    Kaliberau Dalam in sight for fast track

    Kaliberau Dalam delivers for Repsol

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT ....

    Malaysia's licensing under wraps

    3D broadband to unlock plays

    Focus 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 project

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Amanda Battersby

    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-c

    Weekly  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 well

    Weekly  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 Park

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Caroline Evans

    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 chie

    Weekly  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 many

    Weekly  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 fi

    Weekly  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 p

    Weekly  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 the

    Weekly  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 calligraphy

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Xu Yihe

    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 l

    Weekly  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 the

    Weekly  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 Sumb

    Weekly  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 ta

    Weekly  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 H

    Weekly  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 play

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Julia Martinez and Steve Marshall

    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 Protec

    Weekly  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 main

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    LNG imports to play part in beating Myanmar blackouts

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    Potential not yet delivered

    Country keen to attract exploration players

    Focus 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 80

    Focus Editions  upstreamonline.com 13 Jun 22:00 GMT ....