INPEX CORPORATION (INPEX) announced that it  has commenced exploratory drilling operations (hereinafter the “Project”) offshore Shimane and Yamaguchi prefectures in Japan to explore the possibility of locating oil and natural gas resources through INPEX San’in Offshore Development Co., Ltd., a subsidiary tasked with conducting exploration and development operations. This is sequel to the announcement made […]

Enwell Energy, the AIM-quoted oil and gas exploration and production group, today announced the results of the SV-31 well at its Svyrydivske (SV) gas and condensate field in Ukraine. The SV-31 well is a development well, targeting production from the V-21 and V-22 horizons in the Visean formation. The well was spudded in September 2021 […]

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has announced the start of production of the FPSO Guanabara in the Mero field, offshore Santos Basin in Brazil. The FPSO Guanabara, which while under construction was also known as Mero-1, has an installed capacity of 12 million cubic meters of natural gas and […]

IOG, the Net Zero UK gas and infrastructure operator focused on high return projects, provides the following full operational update. Blythe & Elgood Facilities, Infrastructure & ReservoirsOver the initial seven weeks of production, the Bacton terminal operator Perenco (UK) Limited (PUK), IOG and its Pipeline and Facilities Duty Holder ODE Asset Management (ODEAM) have been […]

Maersk Drilling has secured a contract with Aker BP, on behalf of the Ivar Aasen license, who will employ the ultra-harsh environment jack-up rig Maersk Invincible for the drilling of three infill wells at the Ivar Aasen field offshore Norway. The contract has an estimated duration of 86 days and is expected to commence in […]

W&T Offshore, Inc. has announced the signing of a Memorandum of Understanding (MOU) with Korea National Oil Corporation (KNOC) to jointly consider and pursue various opportunities in upstream oil and gas as well as other potential joint venture opportunities along the energy value chain in North America. This non-binding MOU allows both parties to collectively […]

Seadrill Limited has been awarded three contracts by a leading operator for the West Ariel, West Cressida, and West Leda for work in the Middle East. The firm-term of each contract is three years with expected commencement between Q1 2023 and Q2 2023. Total contract value for the three contracts is approximately $404m (inclusive of mobilization […]

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels.  The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022. The Barreleye-1 well encountered approximately […]

Wood Energy said it has delivered crude oil production of 22.3 MMboe, down 1% from Q4 2021. According to the company’s first quarter report for period ended 31 march 2022 it has delivered sales volume of 25.5 MMboe, including a 2% increase in produced LNG sales volume from Q4 2021.  The average realised price increased […]

 French oil major TotalEnergies has been given more time to pay Petrobras for its 22.5 percent share in the Atapu offshore oil field. The Atapu block was acquired by the consortium composed of Petrobras which holds a 52.5 percent stake, Shell which holds 25 percent, and the remaining 22.5 percent is held by TotalEnergies. The […]