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Latest Headlines

Rosneft makes Russian Arctic Shelf oil discovery in Laptev Sea
Rosneft has achieved an oil discovery with the northernmost exploration well on Russia's Eastern Arctic Shelf with its Tsentralno-Olginskaya-1 well...

US petroleum demand highest in 10 years last month - API
(6/25/2017) The American Petroleum Institute has reported total petroleum deliveries in May moved up by 4.9% from May 2016 to average 20.1 million b/d...
76 workers evacuated from UK North Sea Bruce platforms
(6/25/2017) A late night power outage has forced the evacuation of 76 of the 121 persons aboard the BP-operated Bruce platforms in the UK North Sea...

Woodside training robot to work on remote unmanned platforms
(6/25/2017) Woodside Petroleum is preparing to have the one of several planned humanoid robots working on its unmanned oil platforms before yearend...

UKOG sees mobile light oil in Kimmeridge Limestone well
(6/25/2017) UK Oil & Gas Investments has reported mobile light oil has been observed in open natural fractures in core samples from its southern England license...

Norway's Johan Sverdrup riser platform jacket set for delivery
(6/25/2017) Kvaerner has completed the construction of the riser platform jacket for the Johan Serdrup Field development and is preparing it for delivery next month...

Shell to remove emergency response vessel from Norway's Knarr Field
(6/25/2017) The Norwegian Petroleum Safety Authority has given consent to Norske Shell for removal of the emergency response vessel from its Knarr Field...

Pandion given permission to acquire Tullow's Norwegian licenses
(6/25/2017) Pandion Energy has been pre-qualified as a Norwegian Continental Shelf licensee and has been given approval for its acquisition of Tullow licenses...

Wintershall suspends FEED tender for Rembrandt-Vermeer Project
(6/25/2017) The Wintershall Noordzee unit of BASF has suspended its tender process for front-end engineering and design for the Netherlands North Sea project...

Decommissioning plan for UK North Sea Dunlin area fields submitted
(6/23/2017) Fairfield Energy has submitted its decommissioning plan for the UK North Sea Dunlin, Merlin, and Osprey Fields' subsea infrastructure...

Brunei Shell shooting 2D survey over Brunei's Champion Field
(6/23/2017) The Geophysics Department of Brunei Shell Petroleum is conducting a seismic survey in the Champion Field in the South China Sea off Brunei...

US working rotary rig count higher by 8 rigs this week
(6/23/2017) Baker Hughes has reported the US rig count grew by another eight rigs this week to take the total working rotary rigs to 521 more than this time last year...

France to halt oil & gas exploration licensing
(6/23/2017) The French government has decided to no longer offer exploration and exploitation licenses for oil and gas in France and in its overseas territories...

Wintershall puts Danish North Sea Ravn Field on production
(6/23/2017) Wintershall Noordzee has commenced production from its first owned and operated Danish oilfield, the Ravn Field in the Danish sector of the North Sea...

Perisai wins contract extension from Petronas for jackup
(6/23/2017) Perisai Petroleum has received an extension to its work for Petroliam Nasional being performed by its jackup drilling rig Perisai Pacific 101...

Energean awarded 2 blocks offshore Greece in Ionian Sea
(6/23/2017) The Greek Ministry of Environment & Energy has approved the application from Energean Oil & Gas for exploration rights offshore western Greece...

Jones Energy selling all its Oklahoma Arkoma Basin properties
(6/23/2017) Jones Energy has agreed to sell all of its non-core assets in Oklahoma's Arkoma Basin along with several other holdings for US$70 million...

Carnarvon & NOGA sharing data off Western Australia
(6/23/2017) Carnarvon Petroleum is joining Northern Oil & Gas Australia in a data sharing project spanning the Buffalo, Corallina, and Laminaria Fields...

Russia's Rosnedra to auction 3 Yamal Peninsula gasfields
(6/23/2017) Russia's subsoil agency, Rosnedra, has been authorized to auction exploration and development rights to three Soviet-era gasfields...

ION launches EquatorSPAN II 2D MC program off Gabon
(6/23/2017) ION Geophysical has begun a new 2D multi-client program offshore Gabon, EquatorSPAN II, in cooperation with the Gabon Ministry of Petroleum...

Eni granted Kazakh Caspian Isatay Block joint operation
(6/22/2017) Kazakhstan national oil and gas company KazMunayGas has concluded an agreement with Ente Nazionale Idrocarburi for joint exploration and production...
SBM Offshore to furnish new FPSO for Guyana's Liza development
(6/22/2017) SBM Offshore has been contracted by ExxonMobil to construct, install, lease, and operate a floating production, storage, and offloading vessel...

Monadelphous wins 5-year, $600 million Woodside contract
(6/22/2017) The Monadelphous Group has secured a major contract with Woodside Energy for the provision of gas asset general maintenance services...

Bumi Armada suspends Armada Perdana operations offshore Nigeria
(6/22/2017) Bumi Armada, owner of the FPSO Armada Perdana stationed on Erin Petroleum Nigeria's Oyo Field, has suspended the bare-boat charter...

Workover at Newfoundland's Garden Hill well set to get underway
(6/22/2017) NU-Oil has reported PVF Energy Services has mobilized all major equipment for a full workover program, including wireline operations...

Engie's Gjoa Field in Norwegian North Sea springs a leak
(6/22/2017) Engie E&P has reported a gas leak at its Gjoa Field in the Norwegian sector of the North Sea west of Floro on Norway's west coast...

Eni dispatches 1st LNG shipment from Indonesia's Jangkrik Field
(6/22/2017) Ente Nazionale Idrocarburi has carried out its first shipment of liquefied natural gas produced for the Indonesian domestic market Jangkrik Field...

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

Trump declares exit from Paris Climate Accord

Dev George
Managing Editor

Ignoring almost unanimous calls from major oil and gas companies, almost every nation in the world, and virtually all scientific organizations for the United States to remain a party to the Paris Climate Accord that was signed in 2015 by 195 nations, US President Donald Trump announced last week that the US will withdraw...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Week's trade closes with further price increases despite US dollar loss

(6/23/2017) Traders at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) lifted crude futures a bit today even though the US dollar, in which oil is denominated, slipped in value against key international currencies...⇒⇒⇒
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