Fossil Energy
Lukoil reaches oil output milestone on North Caspian Sea fields
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.
Long-awaited ‘world-class’ Ironbark prospect disappoints
After the completion of the drilling operations, one of BP’s more important wells in 2020 – the Ironbark-1 well offshore Australia – has not encountered a significant amount of hydrocarbons.
OMV Petrom sheds Kazakhstan fields to focus on Black Sea
Romanian oil and gas company OMV Petrom has sold its onshore oilfields in Kazakhstan to focus on its portfolio in the Black Sea region.
Shell completes buy of three blocks off Colombia
Oil major Shell has completed a 50 per cent stake acquisition in three Colombian deepwater oil and gas blocks from Ecopetrol.
KrisEnergy starts up Cambodia’s first offshore oil field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Cambodia Block A concession on 28 December 2020.
UPDATE: Gazprom completes Nord Stream 2 pipe-laying off Germany
The Russian pipe-laying vessel Fortuna has completed the 2.6-kilometre pipeline stretch of the Nord Stream 2 gas pipeline offshore Germany.
Talon adds three offshore licenses to UK portfolio
Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS).
Borr Drilling picks new chief financial officer
Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.
Santos grabs exploration permit off Australia
Australian energy major Santos has been granted an offshore exploration license in Australia’s Northern Carnarvon Basin.
Jumbo installs Karish FPSO mooring system
Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel.
U.S. preparing fresh sanctions to halt Russia’s Nord Stream 2
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.
BP nears primary target at Ironbark well
BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.
Borr Drilling devises plan to strengthen financial footing
Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.
MMA Offshore secures two new MPSV jobs
Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege.