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Latest Headlines

Total's Isabella a key discovery in UK Central North Sea
(3/17/2020) Total has advised it and partners have achieved an encouraging discovery with their Isabella exploration well east of Aberdeen in the North Sea...

Sonatrach & Chevron start talks for joint Algerian exploration & development
(3/17/2020) Algeria's national oil company Sonatrach has commenced discussions with Chevron about opportunities in Algeria for joint E&P projects...
Byron puts US Gulf SM71 well on production
(3/17/2020) Byron Energy has turned its US Gulf of Mexico South Marsh Island Block 71 F4 well to production at an initial flow rate of 8.3 million cf/d of natural gas...

Supplementary open season on Carpenter Expansion pipeline launched
(3/16/2020) Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, has announced that it is launching a supplemental open season due to interest...

Novatek logs has reached a milestone of more than 35.3 Tcf
(3/16/2020) Novatek has reported a cumulative natural gas production at its East Tarkosalinskoye gasfield development in Russia's Yamalo-Nenets...

Wave & tidal energy production up tenfold
(3/16/2020) Ocean Energy Systems has released a report advising that cumulative global wave and tidal stream energy production has increased tenfold...

Capricorn Norge receives permit to drill wildcat off Norway
(3/16/2020) The Norwegian Petroleum Directorate has granted Capricorn Norge, a subsidiary of Cairn Energy, a drilling permit for a wildcat well...

Petronas & ExxonMobil selling stakes in Chad project
(3/16/2020) Osaka Matsui Management analysts have reported both Petroliam Nasional and ExxonMobil are selling their stakes in the Chad oilfields and pipeline project...

CNOOC makes large oil discovery in Bohai Bay
(3/16/2020) The CNOOC Limited unit of China National Offshore Oil Corporation has reported a large oilfield discovery offshore northeastern China in Bohai Bay...

Chrysaor quarantines worker on North Everest platform
(3/16/2020) Chrysaor has reported a member of the crew on its North Everest platform in the UK North Sea east of Aberdeen, Scotland, has been quarantined...

UK Horse Hill Field development plan wins OGA approval
(3/15/2020) The UK Oil and Gas Authority has approved the Horse Hill Field Development Plan and consented to the start of long-term production...

Equinor awarded permit to drill North Sea wildcat
(3/15/2020) The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well in production license PL089 of the Norwegian North Sea...

Touchstone makes key gasfield discovery onshore Trinidad
(3/15/2020) Touchstone Exploration has achieved an important gasfield discovery onshore Trinidad in its operated Ortoire Block with its Cascadura well...

Santos to survey seabed in prep for Yoorn-1 well off Western Australia
(3/14/2020) Santos is planning to carry out an offshore survey in preparation for the proposed Yoorn-1 exploration well drilling offshore Western Australia...

US rotary rig count down 1 rig this week
(3/13/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet fell by one to 234 less than this time last year...

Repsol Sinopec to develop Tain Field in UK's Outer Moray Firth
(3/13/2020) Repsol-Sinopec has advised that it plans to develop the Tain Field in the UK sector of the North Sea, Outer Moray Firth, once it has approval...

TC Energy buying Tidewater & TransAlta Pioneer Pipeline in Alberta
(3/13/2020) TC Energy has reported its subsidiary, NOVA Gas Transmission Ltd, has executed an exclusive letter of intent to purchase the Pioneer Pipeline...

Oil & Gas UK bans travel by persons at risk to offshore installations
(3/12/2020) The British government's Oil & Gas UK offices has banned people traveling to offshore installations if they have been to coronavirus affected countries...

Worley awarded Chirag gaslift project off Azerbaijan
(3/12/2020) Azerbaijan International Operating Company has awarded Worley an engineering, procurement, and construction services contract in the Caspian...

Rystad says price war could see $250 billion cut from E&P budgets
(3/12/2020) The Rystad Energy consultancy has advised total capital and operational expenditure of exploration and production companies is likely to be cut...
Total building France's largest battery-based energy storage
(3/12/2020) The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage...

Adnoc ups output capacity to 4 million b/d in April
(3/12/2020) Following Saudi Arabia raising its production as of 1 April, ending the OPEC+ output cut, Abu Dhabi National Oil Company is doing the same...

Santos to sell stake in Darwin LNG & Bayu-Undan to SK
(3/12/2020) Santos has agreed to sell a 25% interest in the Darwin LNG Project and the Bayu-Undan Field to SK E&S for US$390 million...

Northern Gulf transfers stake in Thai Gulf block & field to Mubadala
(3/12/2020) Tap Oil has reported a realignment of interests in the G1/48 Concession in the Gulf of Thailand, which includes the Manora Field production area...

SDX putting Rabul-3 producer onstream in Egypt's West Gharib
(3/11/2020) SDX Energy has reported results from its Rabul-3 development well in the West Gharib Concession in Egypt showing penetration of 116 ft of heavy oil pay...

Petrofac contracts Awilco's WilPhoenix semisub for 3-well P&A
(3/11/2020) Awilco Drilling has signed with Petrofac for provision of its WilPhoenix semisubmersible drilling rig for a three-well plug and abandonment program...

One confirmed with corona virus at Martin Linge platform
(3/11/2020) Equinor has reported one person at the Martin Linge Field platform in the Norwegian sector of the North Sea has tested positive for the coronavirus...

Equinor gets go-ahead to drill Gabriel wildcat off Norway
(3/10/2020) The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well in the Norwegian sector of the North Sea Block 35/10...

TGS & Fairfield shooting Channel 3D survey in New Mexico
(3/10/2020) TGS Nopec Geophysical and Fairfield Geotechnologies have commenced operations on their Channel 3D seismic survey in Lea County, New Mexico...

Oil prices rebound in limited gains as Russia acquiesces
(3/10/2020) Crude oil futures have regained some of the value lost yesterday after Russia recanted its dispute with OPEC and offered to jointly rescue the market...
ABB contracted for first super-size wind turbine installation vessel
(3/10/2020) ABB has been selected by Shimizu Corporation to provide its advanced power and control technologies for Japan's first wind turbine installation vessel...

Freeport LNG Train 3 at final commissioning stage
(3/10/2020) McDermott International with partners Chiyoda International and Zachry Group, have advised that Freeport LNG Train 3 is at final commissioning stage...

RockRose wraps up 2 infill wells at UK North Sea West Brae Field
(3/10/2020) RockRose Energy has completed the first of two infill development wells on the West Brae Field in the UK sector of the North Sea, Block 16/07a, P108...

 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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Coronavirus causes oil markets to plunge 10%

(3/16/2020) Trading at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) today was essentially a fear-driven reaction to the global coronavirus (Covid-19) pandemic that is taking thousands of lives and causing an economic disaster not seen since the Great Depression of the 1930s...⇒⇒⇒
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