Fossil Energy
IOG sees increase in Goddard, Abbeydale resources. More prospects revealed
UK North Sea-focused Independent Oil and Gas (IOG) has seen an increase in resources held by the Goddard and Abbeydale discoveries following an interpretation of seismic data.
CNOOC brings online new oilfield off China
Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China.
UK considering ban on new North Sea oil and gas exploration
The UK Government is considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licenses.
Guyana to see record number of wells in 2021, Rystad says
Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.
Woodside, Trafigura ship first carbon offset condensate cargo
Australian major Woodside and its Pluto LNG JV partners have delivered their first cargo of carbon offset condensate to independent commodity trading company Trafigura.
Tullow to keep control of Orinduik licence until 2023
Tullow Oil and partners have renewed the petroleum agreement for the Orinduik block, offshore Guyana with plans to select drilling targets later this year.
U.S. weekly offshore rig count down two weeks in a row
The number of offshore rigs in the U.S. has dropped for the second week in a row and is now stands at 13 units, according to a weekly rig count report by Baker Hughes.
Green light to Woodside for Julimar operations
NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum pipeline and any other petroleum-related activity on Julimar.
Death on Renaissance’s Gulf of Mexico platform was preventable, BSEE said
The Bureau of Safety and Environmental Enforcement (BSEE) has released the report of its panel investigation into a fatality aboard Renaissance Offshore’s Eugene Island 331 B platform in the Gulf of Mexico.
FAR puts its foot down and sets new date for Woodside sale approval
FAR Limited is putting a stop to further delays of its shareholder meeting to consider the sale of FAR’s interest in the Sangomar project to Woodside.
Kistos makes Tulip Oil its first acquisition
Kistos, an investment company chaired by former RockRose founder Andrew Austin, has signed an agreement to buy the entire issued and outstanding share capital of Tulip Oil Netherlands B.V.
Three Noble rigs coming back from warm-stack for new gigs
Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.
Subsea 7 lands ‘sizeable’ prize from mystery client
UK-based engineering, construction and services company Subsea 7 said Friday it has won a ‘sizeable’ contract with an undisclosed client. The deal is between $50 million and $150 million, the company said in its Oslo Exchange filing. The scope of work includes engineering, project management and pro
Jersey in fundraising talks, launches Greater Buchan Area farm-out process
North Sea-focused Jersey Oil & Gas has formally launched the farm-out process of the Greater Buchan Area in the UK North Sea and started talks to raise funds to progress work on the project.