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Latest Headlines

Noble's deepwater US Gulf Katmai taps multiple oil pay zones
Noble Energy has reported discovery of oil in multiple reservoirs with its Katmai exploration well in the US Gulf of Mexico's Green Canyon...

Helicopters serving UK offshore installations carrying breathing systems
(9/1/2014) The UK's Step Change in Safety has revealed that every helicopter flying for the offshore oil and gas industry over UK waters will be equipped...

IKM to provide Shell's Malikai Project riserless top-hole mud system
(9/1/2014) IKM Group has reported receiving a contract from the Sabah Malaysia unit of Royal Dutch Shell to provide a riserless top-hole mud circulation system...

SapuraAcergy wins Yolla A platform contract off Australia
(9/1/2014) SapuraAcergy, a joint venture equally owned by SapuraKencana Petroleum and Subsea 7, has received a contract from Origin Energy Resources...

Yiulian Shipyard selling Jasper-ordered semisubmersible floatel
(9/1/2014) Yiulian Shipyard will sell the semisubmersible floatel ordered by Jasper Investments, which has been unable to obtain the funds to pay for it...

North Energy further expands stake in Norwegian license
(9/1/2014) North Energy has concluded an agreement with the Norwegian unit of Dana Petroleum to acquire part of its holding in the PL484 production license...

ONGC pegs $863 million for Daman development in Arabian Sea
(9/1/2014) Oil and Natural Gas Corporation has approved investment in the Daman Development Project offshore India in the Arabian Sea Tapti Daman Block...

Real Energy drilling Cooper Basin Tamarama-1
(9/1/2014) The Ensign International Rig 916 has been mobilized and is now being rigged up to drill the exploration well Tamarama-1 in Queensland...

Leni chalks up another Trinidad Goudron Field winning well
(9/1/2014) Leni Gas & Oil has reported its fifth of 30 planned development wells on the Goudron Field in Trinidad is yet another success, having penetrated oil pay...

Inpex transfers stake in Malaysia deepwater block to Santos
(9/1/2014) Inpex has agreed to transfer interest in the deepwater Block S offshore northwestern Sabah, Malaysia in the South China Sea to Santos...

BG joint JIP for safer subsea wellhead
(9/1/2014) Plexus Holdings has advised BG International has joined as the sixth major consulting partner to its joint industry project to develop a subsea wellhead...

Statoil returning to Algeria's In Amenas after 19 months
(9/1/2014) Statoil has advised that 19 months after the terrorist attack on the In Amenas field complex in Algeria, the joint venture partners are resuming operations...

Lundin drilling Volgrav South in Norwegian North Sea
(9/1/2014) The Lundin Norway unit of Lundin Petroleum has commenced drilling its exploration well investigating the Vollgrav South Prospect...

IGas prepping for further drilling in NW England
(9/1/2014) IGas Energy is planning appraisal and development drilling at its PEDL193 license area in northwestern England that will be based on new seismic...

Roxi's Kazakh deep oil discovery found twice as large
(9/1/2014) Roxi Petroleum has reported further drilling and logging of its deep oil discovery in Kazakhstan shows it more than twice as large as thought...

Empire acquires ERM Power's Perth Basin assets
(9/1/2014) Empire Oil & Gas has concluded an agreement with its joint venture partner ERM Power to acquire its entire Western Australia's Perth Basin interest...

Statoil wins consent to drill Isfjell well with Transocean Spitsbergen
(9/1/2014) The Norwegian Petroleum Safety Authority has given its permission for exploratory drilling in the Norwegian sector of the Barents Sea to Statoil...

ENAP to start 55 non-conventional wells in Tierra del Fuego
(8/31/2014) Empresa Nacional del Petroleo, the national oil company of Chile, plans to commence drilling 55 non-conventional wells in Chile's Tierra del Fuego...

Production from UK North Sea Laggan-Tormore Fields pushed back
(8/31/2014) The Dong Energy unit of Dansk Olie og Naturgas has said the Total E&P UK operated Laggan-Tormore gas condensate fields are expected to start...

Ruspetro to drill 3rd horizontal producer at Pottymsko-Inginsky
(8/31/2014) Ruspetro has reported it plans to spud and drill another horizontal well in its Pottymsko-Inginsky license in Khanty-Mansiysk Autonomous Okrug-Yugra...

Pemex & foreign operators to produce 2.8 million b/d by 2018
(8/31/2014) Petroleos Mexicanos estimates with the beginning of exploration and production under the energy law Mexico will see its oil production rise...

Statoil gets go-ahead to drill North Sea D structure
(8/31/2014) The Norwegian Petroleum Safety Authority has given Statoil its permission to proceed with the drilling of an exploration well on the D structure...

Rosneft awarded Sea of Okhotsk block near Sakhalin Island
(8/31/2014) Russia's Ministry of Natural Resources and Environment's Federal Agency for Subsoil Use has granted Rosneft the rights to explore and develop...
Somalia suing Kenya over Indian Ocean boundary & oil
(8/31/2014) The Somali government has filed a suit against the Kenyan government in the International Court of Justice to resolve their long-term maritime boundary...

Vietsovpetro makes discovery off Vietnam with Sturgeon well
(8/31/2014) The Vietnam-Russia Oil & Gas Joint Venture Enterprise has discovered oil from Oligocene sediments with its Sturgeon well drilled offshore Vietnam...

Charges brought on offshore rig deaths 2 years ago
(8/31/2014) Australia's National Offshore Petroleum Safety & Environment Management Authority has advised charges are being filed in relation to the deaths...

Samson selling US Gulf of Mexico non-operated interests
(8/31/2014) Samson Energy has decided to sell its subsidiary Samson Offshore's non-operated interests in over 70 federal leases in the US Gulf of Mexico...

Cobalt cuts ties to Angola's Nazaki & Alper
(8/31/2014) Cobalt International Energy has revealed in a regulatory filing it no longer has a relationship with Angolan companies Nazaki Oil & Gaz and Alber Oil...

US BLM to resume California leases next year
(8/31/2014) With results from a new study showing fraccing has limited environmental impact, the US Bureau of Land Management intends to resume leasing...

BG boosts viability of Tanzania LNG export with new test well
(8/31/2014) BG Group has reported achieving a higher than expected flow of natural gas from its Mzia-3 test well offshore Tanzania, increasing the viability...

Iran to up output from joint fields with Iraq
(8/31/2014) Iran's West Oil & Gas Exploitation Company has revealed plans are underway to commence production of additional oil from onshore fields...

METI pegs half billion dollars for new Africa & Latin America assets
(8/31/2014) Japan's Ministry of Economy, Trade, and Industry has submitted a US$568.2 million exploration and acquisitions budget for fiscal 2015-16...
Sonangol given greenlight to explore 4 blocks onshore Angola
(8/31/2014) Sociedade Nacional de Combustiveis de Angola has received approval of its application for four blocks onshore the Kwanza River Basins...

 For more headlines, select from OGI Departments at top left
From the Editor

Sanctions & boycotts hit companies in Russia

Dev George
Managing Editor

Russian President Vladimir Putin has aspirations of a restoration to Russia of the former Soviet Union's suzerainty over eastern European states and perhaps those of Central Asia as evidenced by the occupation of Ukrainian Crimea and support of rebels in eastern Ukraine seeking reintegration with Russia, rebels who shot down a Malaysian passenger plane flying over the area with a ground-to-air missile provided by Russia...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Prices jump on Russian military entry into eastern Ukraine

(8/29/2014) Trade at both the Intercontinental Exchange (ICE) in London and the New York Mercantile Exchange (Nymex) closed with all of our monitored benchmarks well up on yesterday's settlement prices due primarily to the intensification of the Ukraine crisis after Russian troops, arms, and equipment crossed the border into eastern Ukraine in an evident show of force to support the separatist pro-Russian rebels in the region...⇒⇒⇒
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