PETRONAS has disclosed that its subsidiary PC Ketapang has achieved its first hydrocarbon in the successful drilling of the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia. The BTJTB-T2 well was spudded on 30 September 2021 and drilled with a target depth of 1,890 metres. This milestone is part […]
Murphy Oil Corporation (NYSE: MUR) announced today that it has achieved first oil from the Khaleesi, Mormont and Samurai field development project in the deepwater Gulf of Mexico, as production has begun flowing through the Murphy-operated King’s Quay floating production system (King’s Quay FPS). The project is comprised of the Khaleesi / Mormont fields in […]
Maersk Drilling has been awarded contracts which will see the harsh environment jack-up rig Maersk Resolute employed to plug and abandon a total of 31 wells in the Dutch sector of the North Sea in support of a rig sharing agreement between TotalEnergies EP Nederland B.V. and Petrogas E&P Netherlands B.V. The contracts are expected […]
Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and 8 million standard cubic metres of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent. The licence owners […]
Shell Trinidad and Tobago (through BG International, a subsidiary of Shell plc), today announces that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago. The start-up of Colibri follows the amendment to the Block 6 Production Sharing Contract for the Manatee field, marking yet another […]
Shell Offshore Inc. a subsidiary of Shell plc,has announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor. “Shell has […]
PTT Exploration and Production Public Company Limited (PTTEP), through its subsidiary, PTTEP HKO, and its partner, SapuraOMV, have been awarded the exploration Block SB412, off the northwest coast of Sabah, by PETRONAS. This award is an outcome of the partnership’s successful bidding in the Malaysia Bid Round (MBR) 2021 that was hosted by the Malaysia […]
Neptune Energy and its partners today announced hydrocarbons were encountered at the Hamlet exploration well in the Norwegian sector of the North Sea. Having entered the reservoir, located within the Gjøalicence (PL153), logs encountered hydrocarbons and a decision was made to initiate coring. The operations in the reservoir section are still at an early stage […]
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc., including JHI’s 17.5% Working Interest (‘WI’) in the Canje Block offshore Guyana. The Acquisition JHI is a private company incorporated in Ontario and headquartered […]
Following the announcement that Equinor has started the process to exit its projects in Russia, a decision has been made that Equinor will also stop trading in Russian oil. This means that Equinor will not enter any new trades or engage in transport of oil and oil products from Russia. This is part of Equinor’s […]
