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Latest Headlines

Apache & Total make major oil discovery offshore Suriname
Apache Corporation and its partner in Suriname's offshore Block 58 have made a major oil discovery on the concession with their Kawaskwasi-1...

TGS offering $600 million for PGS multi-client data library
(8/7/2020) TGS Nopec Geophysical has submitted a conditional offer for the purchase of the Petroleum Geo-Services multi-client data library for US$600 million...

Petrobras sells onshore Brazil Do-Re-Mi Field to Oeste Oleo e Gas
(8/7/2020) Petroleo Brasiliero has signed a sales agreement with Centro Oeste Oleo e Gas for its entire interest in the Do-Re-Mi onshore field in Sergipe-Alagoas Basin...

US active rotary rig count drops 4 drilling rigs
(8/7/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has decreased by four rigs to a total of 247...

Onshore Lincolnshire UK Wressle Field site works underway
(8/7/2020) Egdon Resources has advised that site works have begun at the Wressle oilfield development in North Lincolnshire, UK with the contractor mobilized...

Nikkiso to provide cryogenic pumps for new Russian LNG facilities
(8/7/2020) Nikkiso has received a contract to provide the cryogenic pumps for a new liquefied natural gas plant and terminal currently under construction in Russia...
Shell wins go-ahead to develop Crux gasfield off Western Australia
(8/5/2020) Shell Australia has received approval from Australia's National Offshore Petroleum Safety & Environmental Management Authority for development...

Equitrans targeting early 2021 startup of Mountain Valley gas pipeline
(8/5/2020) The planned US$5.4 billion, 488-km Mountain Valley natural gas pipeline from northwest West Virginia to southern Virginia is projected to startup...

TGS set to resume Malvinas 3D MC survey off Argentina
(8/5/2020) TGS Nopec Geophysical has advised it is returning to Argentina's sector of the South Atlantic to complete its previously announced 17,800 sq km survey...

Spirit drills a dud in Norwegian North Sea near Ivar Aasen
(8/5/2020) Spirit Energy Norway is in the process of concluding the drilling of wildcat well 16/1-33S at a site about five km north of the Ivar Aasen Field...

NEO Energy acquires Total's UK North Sea assets
(8/4/2020) NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the UK sector of the North Sea from Total subsidiaries...

Pharos granted extension of Vietnam TGT license
(8/4/2020) Pharos Energy has advised that the joint operating company's request for an extension for the TGT Field license of two years, has been formally granted...

UOG wins Jamaica's approval of operation of Walton Morant Block
(8/4/2020) United Oil & Gas has received approval from the Jamaican Government to take forward the Walton Morant License offshore Jamaica, on a 100% basis...

ConocoPhillips granted permit to drill Norwegian Sea wildcat
(8/3/2020) The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well in production license PL1009...

Pertamina building 3 jackups to drill on Indonesia's Mahakam Block
(8/3/2020) Indonesian national oil company Pertamina has commenced the construction of three jackup drilling rigs at a cost of approximately US$105 million...

IOG awards EPCI for UK Southern North Sea platforms to HSM Offshore
(8/3/2020) Independent Oil & Gas has awarded the engineering, procurement, construction, and installation contract for its Core Project Phase 1...

Rosneft makes major Western Siberia discovery at Novoognennoye
(8/3/2020) Rosneft has reported that its RN-Vankor subsidiary has achieved a new field discovery in Western Siberia with its exploratory drilling at Novoognennoye...

Shell completes sale of US Appalachia assets to National Fuel
(8/2/2020) The SWEPI LP subsidiary of Royal Dutch Shell has completed the sale of its Appalachia shale gas position in Pennsylvania to National Fuel Gas subsidiaries...

ExxonMobil Canada awards 5-year contract extension to Aker Solutions
(8/2/2020) Aker Solutions has secured a contract extension from ExxonMobil Canada for engineering, procurement, and construction services for its Hebron platform...

Petrobras selling interest in 7-field Alagoas Cluster off Brazil
(8/2/2020) Petroleo Brasiliero has begun the non-binding phase in selling its entire stake in seven onshore and shallow water fields in Brazil's state of Alagoas...

Northern Oil & Gas adds producing assets to Williston Basin core
(8/2/2020) Northern Oil & Gas has entered into definitive agreements to acquire producing properties, wells in process, and acreage in the US Williston Basin...

Murphy Oil secures Drillship Pacific Sharav for 10 US Gulf wells
(8/2/2020) Pacific Drilling has reported that Murphy Oil Corporation has contracted the drillship Pacific Sharav for ten firm wells to be drilled in the US Gulf of Mexico...

No change this week in US rotary rig count
(7/31/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has remained the same as last week at 251...

Zenith buy of Coro Energy's Italian gas E&P portfolio called off
(7/31/2020) Zenith Energy has advised the sale and purchase of Coro Energy's entire Italian natural gas production and exploration portfolio has been terminated...
EnQuest takes over operation & 40.8% ownership of UK's Bressay Field
(7/31/2020) Equinor has agreed to sell interest in and transfer operatorship of the Bressay oilfield development on the UK Continental Shelf to EnQuest...

Mist wildcat probe of Fruholmen Formation in Norwegian Barents Sea fizzles
(7/31/2020) The Norwegian Petroleum Directorate has reported that Equinor's wildcat well Mist-1 in the Norwegian Barents Sea failed to find significant hydrocarbons...

Ten offshore jackets arrive for Moray East windfarm off Scotland
(7/31/2020) Global Energy's Port of Nigg has received ten offshore jackets for the Moray East offshore windfarm being developed off Aberdeenshire...

ExxonMobil achieves dual oil discoveries off Guyana at Yellowtail
(7/31/2020) Hess, partner to operator ExxonMobil in the prolific Stabroek Block offshore Guyana, has revealed the recent discovery of two additional reservoirs...

Total selling Gabon subsidiary and stake in 7 mature fields
(7/30/2020) Total is selling its Gabon subsidiary and its interests in seven mature, non-operated offshore field off Gabon and the Cap Lopez oil terminal to Perenco...

Karoon to pay Petrobras $665 million for Brazil's Bauna Field
(7/30/2020) Karoon Energy has concluded an agreement with Petroleo Brasileiro for acquisition of the Bauna Field offshore Brazil to be paid in two installments...

East Coast Canada Facies Map Browser & Play Fairway Analysis completed
(7/30/2020) TGS Nopec Geophysical has completed its East Coast Canada Facies Map Browser and Play Fairway Analysis using Petroleum Geo Services data...

Petrofac wins 2-year NEO Energy North Sea well management contract
(7/30/2020) Petrofac has been awarded a two-year contract by NEO Energy for well management and operator support for 25 production wells in the UK North Sea...

CNOOC Ltd takes over CNPC concessions offshore Abu Dhabi
(7/30/2020) The Abu Dhabi National Oil Company has revealed an agreement to transfer rights in its Lower Zakum and Umm Shaif and Nasr concessions...

OMV appraisal cuts size of Hades discovery in Norwegian Sea
(7/30/2020) The Norwegian Petroleum Directorate has reported that the OMV Norway is concluding drilling its appraisal well on the Hades gas-condensate discovery...

Alaska LNG Pipeline rights-of-way permits approved
(7/29/2020) The US Interior Department has approved rights-of-way permits for the Alaska LNG Pipeline Project, a US$38.7 billion, integrated 807-mile pipeline...

PGNiG scores another gas discovery in Poland's Mielec-Bojanow Fields
(7/29/2020) Polskie Gornictwo Naftowe i Gazownictwo has reported achieving another gas discovery with its Korzeniowek-2K exploration-appraisal well in Podkarpacie...

Eni confirms Ken Bau discovery in Song Hong Basin offshore Vietnam
(7/29/2020) Ente Nazionale Idrocarburi has reported that its exploration well, Ken Bau-2X offshore Vietnam has confirmed a significant hydrocarbon accumulation...

NPD grants Equinor permit to drill Norwegian Sea wildcat
(7/29/2020) The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wildcat well 6407/1-8S and 8A in production license PL263 D offshore Norway...

Mosman prepping to drill Falcon-1 in SE Texas
(7/28/2020) Mosman Oil & Gas has begun site preparation for its Champion Project Falcon-1 exploration well onshore Texas near the Louisiana boundary...

ION launches first 3D multi-client seismic program in Mauritania
(7/28/2020) ION Geophysical is preparing to conduct the first 3D multi-client seismic acquisition program in Mauritania in partnership with the Ministry of Petroleum...

PetroTal resumes production at Peru's Bretana Field
(7/28/2020) PetroTal has reported the restart of operations at the Bretana Field onshore Peru in Block 95 following stringent testing measures and modified operations...

Cairn selling entire Senegal interests to Lukoil
(7/28/2020) Cairn Energy has agreed to sell its Senegal interests to Lukoil for up to US$400 million and intends to return at least $250 million as a dividend...

Cortez Subsea completes innovative pipelay project off Malaysia
(7/28/2020) Cortez Subsea in partnership with Alam Maritim, has completed the first ever subsea pipeline using the Zap-Lok mechanical connector...

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Another Perspective

Meeting the challenges of a new decade

Dev George
Managing Editor

Oil and Gas International is now entering its 20th year in providing the worldwide oil and gas industry with daily coverage of upstream petroleum industry news, information, and analysis with incisive, non-promotional articles written by seasoned petroleum journalists around the world. As we begin this second decade, we reflect on the enormous changes that have affected our industry since our beginning in 2001 - the global expansion of exploration, development, and production...⇒⇒⇒
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Most monitored benchmarks' prices slip on demand losses

(8/6/2020) Crude oil futures closed with slightly lower settlement prices today at Nymex and ICE as traders adjusted their actions to accommodate the drop in fuel demand being driven by the pandemic and the latest output reductions by members of OPEC+ alliance...⇒⇒⇒
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