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Oil & Gas
Neptune Energy Makes Small Oil Discovery off Norway
The discovery is estimated to hold between 0.5 and 3.2 million cubic metres (mcm) of recoverable oil equivalents, NPD said in a statement.
Oil & Gas
Total Boasts Second ‘Significant Discovery’ Offshore South Africa
French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometres
Oil & Gas
South Australia Eyes more Gas Exploration
Private-sector exploration expenditure will increase from A$158mn a year in 2018 to a sustainable average of A$300mn a year by 2025, the SA government said.
Belt and Road
PNOC, CNOOC to Start South China Sea Joint Venture by 2021
The Philippine National Oil Company has agreed to start an energy exploration venture with the China National Offshore Oil Corp in the South China Sea by 2021.
Oil & Gas
Turkish President Announces More Natural Gas Reserves in Black Sea
"Total amount of natural gas reserves in the Tuna-1 well in Sakarya Gas Field reached 405 billion cubic meters," he said after his inspections at the ship.
Policy & Regulation
Philippines Lifts Ban On Oil Exploration In South China Sea
The Philippines is lifting a moratorium on oil and gas exploration in the South China Sea that could lead to the Philippines and China potentially creating a jo
Oil & Gas
West Bollsta Rig Drills Lundin’s Polmak Well
Swedish oil and gas company Lundin has spudded the Polmak well in the Barents Sea offshore Norway, using the West Bollsta semi-submersible drilling rig.
Oil & Gas
Hibiscus Petroleum Buys into 3D Oil License off Australia
Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.
Oil & Gas
Noble Corporation Scores Rig Extension Deal with ExxonMobil
Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.
Oil & Gas
Oil Exploration In Norway Slumps By A Third
Oil exploration in the Norwegian continental shelf has slumped by close to a third amid the oil price rout.
Oil & Gas
U.S. Offshore Rig Count Stable at 14 Units
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Oil & Gas
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Oil & Gas
KrisEnergy Gets Funding to Bring Cambodia Offshore Project Online
KrisEnergy has reached a loan deal with Kepinvest Singapore to assist the company with bringing the Apsara project off Cambodia online on schedule.
Oil & Gas
Neptune Makes First Step in Offshore Execution of North Sea project
According to information on Neptune’s website, first oil from the project is expected in 2022.
Oil & Gas
Stena Drilling Lands Drillship Deal with Repsol in Mexico
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.
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