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Latest Headlines

Big discovery on Egypt's Western Desert El Salmiyah Field
Kuwait Energy's El Salmiyah-5 well on the El Salmiyah Field in Egypt's Abu Sennan concession, has discovered large oil reserves beyond pre-drill estimates...

FID reached on Semakovskoye gasfield in Russia's Yamal-Nenets
(6/5/2020) Gazprom and RusGazDobycha have reached a final investment decision on development of the Semakovskoye gasfield in the Yamal-Nenets Okrug...

Subsea 7 wins Vattenfall's Hollandse Kust Zuid wind farm contract
(6/5/2020) Subsea 7 has been awarded a contract by Vattenfall for the Hollandse Kust Zuid 1-4 offshore wind farm project in the Netherlands North Sea...

Eni divides company into Natural Resources & Energy Evolution
(6/6/2020) Ente Nazionale Idrocarburi is establishing a new business structure that focuses on Natural Resources and Energy Evolution, approved yesterday...
New regulations issued for drilling off Newfoundland & Labrador
(6/6/2020) Canada's Ministry of Environment & Climate Change has issued new regulations to improve assessment of exploratory drilling projects off Newfoundland and Labrador...

Vestas obtains 50MW wind project in Shandong Province, China
(6/6/2020) Vestas has secured a 50MW order from China Three Gorge Renewables for the 50MW Juye I Project in Heze, Shandong Province, China...

Archer becomes sole downhole services provider on Gyda Platform
(6/5/2020) Archer has been awarded the fishing, milling, and wellbore cleaning services for Repsol Norge on the Gyda Platform when plugging and abandonment begins...

Baker Hughes international rig count again lowest in decades
(6/5/2020) Baker Hughes has released its international rig count for May showing a drop of 110 to a total of 805 down from the 915 counted in April...

Socar takes over technical operation of South Caucasus Pipeline
(6/5/2020) The South Caucasus Pipeline Company has advised that technical operation of the South Caucasus Pipeline has been transferred from BP Exploration...

KrisEnergy suspends Thai Gulf Wassana Field operations
(6/5/2020) KrisEnergy has suspended until further notice operations at the Wassana Field in the Gulf of Thailand due to economic uncertainties and the pandemic...

Apache deploys digital inspection tech on North Sea Beryl Alpha platform
(6/5/2020) Apache has deployed digital inspection technology developed by engineering consultancy Arup, and the EnerMech subsidiary of MInteg...

US rotary rig count falls by another 17 rigs this week
(6/5/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has fallen to 691 less than this time last year...

Sapura scores 5 new pipeline E&C contracts in SE Asia
(6/5/2020) Sapura Energy has secured new engineering and construction contracts worth US$179 million for projects in Brunei, Singapore, Thailand, and Malaysia...

Axxis Geo Solutions in contract extending North Sea seismic shoot
(6/5/2020) Axxis Geo Solutions has signed a new contract with Equinor for additional seismic acquisition extending the scope of work currently underway...

ThayerMahan & Geo SubSea link for expanded subsea surveying
(6/4/2020) ThayerMahan has signed an agreement with Geo SubSea to expand their seabed surveying to the offshore wind and oil and gas industries...

Vestas contracted for 5 wind energy projects in Russia
(6/4/2020) Vestas has received a 226 MW order for five wind energy projects in Russia from Wind Energy Development, the Fortum and Rusnano joint fund...

Proserv to provide subsea controls system for IOG North Sea Core Project
(6/4/2020) Proserv has been commissioned by Independent Oil and Gas to provide a complete subsea controls system for its Core Project Phase 1...

Putin declares state of emergency after Russian Arctic diesel fuel spill
(6/4/2020) Russian President Vladimir Putin has ordered a state of emergency after 20,000 tons of diesel fuel was spilled into the Ambarnaya River...

Eni & Fincantieri extend R&D pact to decarbonization & circular economy
(6/4/2020) The CEOs of Ente Nazionale Idrocarburi and Fincantieri, Claudio Descalzi and Giuseppe Bono, have extended their research and development cooperation...
Total to acquire majority ownership of Seagreen 1 offshore wind farm
(6/4/2020) Total has revealed it is acquiring a 51% interest in the Seagreen 1 offshore wind farm project offshore Scotland in the North Sea from SSE Renewables...

CNOOC extends Empyrean's offshore contract by a year
(6/3/2020) China National Offshore Oil Corporation has granted a 12-month extension to Empyrean Energy on its Block 29/11 offshore China...

COSL agrees to provide drilling rigs & services to Equinor
(6/3/2020) The COSL Drilling Europe (CDE) unit of China Oilfield Services Limited has signed a master framework agreement with Equinor to provide additional rigs...

Number of US active gas rigs falls to lowest in 4 years
(6/3/2020) The number of active natural gas rigs in the US fell further to 77 on 29 May, to the lowest number since August 2016, according to Baker Hughes...
Western Australia Dorado Field development moving ahead
(6/3/2020) Carnarvon Petroleum has reported the Dorado Field development project offshore Western Australia in the Bedout Basin is progressing toward FID...

Trans Mountain laying expansion pipeline in British Columbia
(6/3/2020) Trans Mountain has kicked off pipeline construction in British Columbia with work on a seven-km section beginning in the City of Kamloops...

Belorusneft discovers 2 new oilfields in Gomel region
(6/3/2020) Belorusneft has discovered two new oilfields, Izbynskoye and North Omelkoviche, in the Khoiniki District of the Gomel region of Belarus...

Sumitomo takes stake in Norwegian drilling & completion software company
(6/3/2020) Sumitomo has acquired a stake in the Exebenus software provider for digital information exchange between drilling and completion planning and execution...
Australia's NOPTA approves Melbana petition to suspend WA-488-P work program
(6/2/2020) Melbana Energy has been advised by Australia's National Offshore Petroleum Titles Administrator its has approved a 12-month suspension...

IOG picks Petrofac for North Sea Core Project well management
(6/2/2020) Petrofac' Engineering & Production Services unit has secured a well management contract for Phase 1 of Independent Oil & Gas' Core Project...

Nigeria opens 2020 Marginal Field Bid Round
(6/2/2020) Nigeria's Department of Petroleum Resources has announced the commencement of the 2020 Marginal Field Bid Round...

Norfolk Vanguard offshore wind farm planning consent delayed again
(6/2/2020) Vattenfall has revealed another delay to the decision on planning consent for the Norfolk Vanguard offshore wind farm in the UK sector of the North Sea...

Wood Mackenzie sees 1st sessional contraction in LNG demand
(6/2/2020) Analyst Wood Mackenzie expects the global liquefied natural gas industry will experience its first seasonal demand contraction since 2012...

Petrobras in non-binding phase of sale of Brazil's Manati Field interest
(6/2/2020) Petroleo Brasileiro has begun the non-binding phase regarding the sale of its 35% stake in the Manati Field in Camamu Basin offshore Brazil's Bahia state...

Columbus starts 2nd phase of Trinity Inniss CO2 Pilot Project in Trinidad
(6/1/2020) Columbus Energy has commenced Phase 2 of the CO2 Pilot Project in the Trinity Inniss Field onshore Trinidad, part of its incremental production service...

Columbus starts 2nd phase of Trinity Inniss CO2 Pilot Project in Trinidad
(6/1/2020) Columbus Energy has commenced Phase 2 of the CO2 Pilot Project in the Trinity Inniss Field onshore Trinidad, part of its incremental production service...

Lime farming into 2 Norwegian Sea licenses with INEOS E&P Norge
(6/1/2020) The Lime Petroleum subsidiary of Rex International has completed a farm-in transaction with INEOS for a 15% stake in two Norwegian Sea licenses...

Earthquake strikes Texas Permian Basin
(6/1/2020) The US Geological Survey reported today that an earthquake struck the area of the Permian Basin in West Texas in the Ector/Midland County line area...
Pandemic pushes back Lebanese licensing round
(6/1/2020) The Lebanese Energy Ministry has issued a notice that its offshore oil and gas exploration licensing round for five blocks has been postponed...

Qatar Petroleum reserves LNG carrier construction through 2027
(6/1/2020) Qatar Petroleum has entered into three agreements to reserve LNG ship construction capacity in Korea for future LNG carrier fleet requirements...

Angola releasing data ahead of delayed onshore licensing round
(6/1/2020) Angola's Agencia Nacional de Petroleo, Gas e Biocombustiveis has advised that despite delay of the licensing round the data package is being released...

Petrobras completes sale of Brazil Potiguar Basin oilfields
(5/31/2020) Petroleo Brasileiro has completed the sale of its entire interest in seven onshore production fields in the Potiguar Basin, in Rio Grande do Norte...

Sonatrach acquires majority stake in Algeria-to-Spain Medgaz Pipeline
(5/31/2020) Sonatrach has reported completion of its acquisition of the 19.10% interest held by Compania Espanola de Petroleos in Societe Medgaz...

Semisub Deepsea Yantai to drill producers on Neptune's Gjoa Field
(5/31/2020) The Norwegian Petroleum Safety Authority has consented to Neptune Energy Norge use of the semisubmersible drilling rig Deepsea Yantai...

Turkey to undertake Mediterranean exploratory drilling off Libya
(5/31/2020) The Turkish Ministry of Energy has advised that Turkish exploratory drilling for hydrocarbons is to commence in the eastern Mediterranean Sea...

Myanmar to launch new licensing round before yearend
(5/31/2020) Myanmar's Ministry of Electricity & Energy plans to launch a major new bidding round for oil and gas exploration this year...
US rotary rig count falls by another 17 rigs this week
(5/29/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has fallen by a total of 424 rigs in two months...

PGS concludes North Sea East Shetland Basin seismic survey
(5/29/2020) Petroleum Geo-Services has advised that its acquisition of a 3D seismic survey over the UK North Sea East Shetland Basin has been completed...

Maersk Intrepid wins 4-well extension from Equinor offshore Norway
(5/29/2020) Maersk Drilling has been awarded a four-well extension for the low-emission jackup rig Maersk Intrepid to continue working for Equinor...

OMV Norge gets NPD okay to drill Hades well in Norwegian Sea
(5/28/2020) The Norwegian Petroleum Directorate has issued a drilling permit to OMV Norge for the Hades exploration well to be drilled in the Norwegian Sea...

Oilex to sell all interests in Australia's Cooper-Eromanga Basin to Armour
(5/28/2020) Oilex has reported signing a conditional binding heads of agreement with Armour Energy for the proposed sale of its Cooper-Eromanga Basin interests...

InfraStrata acquiring NW England FSRU Project
(5/28/2020) InfraStrata has reported commencing acquisition of Meridian Holdings and its proposed floating storage and regasification project in Barrow-in-Furness...

Petrofac gets contract extension for Basra Oil export expansion project
(5/28/2020) Petrofac Engineering & Production has secured a further six-month contract extension with Basra Oil Company for its Crude Oil Export Expansion Project...

Two workers on Eni's Awe platform offshore Congo die of COVID-19
(5/28/2020) Ente Nazionale Idrocarburi has reported the death of two workers at its Awe platform offshore Congo-Brazzaville who have succumbed to the coronavirus...
 For more headlines, select from OGI Departments at top left
Another Perspective

Meeting the challenges of a new decade

Dev George
Managing Editor


Oil and Gas International is now entering its 20th year in providing the worldwide oil and gas industry with daily coverage of upstream petroleum industry news, information, and analysis with incisive, non-promotional articles written by seasoned petroleum journalists around the world. As we begin this second decade, we reflect on the enormous changes that have affected our industry since our beginning in 2001 - the global expansion of exploration, development, and production...⇒⇒⇒
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Oil/Gas Prices & Analysis
Small upward shift in oil prices as markets await OPEC+ decisions

(6/4/2020) Again today, crude futures prices were slightly higher by the end of trade at the New York Mercantile Exchange (Nymex) and London Intercontinental Exchange (ICE) as traders paused to await the decision by the Organization of Petroleum Exporting Countries and its allies in the OPEC+ pact as to whether to extend the current production cut of 9.7 million b/d beyond the end of this month perhaps to the end of the year...⇒⇒⇒
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