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Latest Headlines

Neptune Energy confirms hydrocarbon discovery offshore Norway
Neptune Energy and its partners have achieved discovery of hydrocarbons in the Norwegian North Sea with their Dugong exploration well...

US rotary rig count falls by five rigs this week
(7/10/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has fallen five rigs to 700 less than last year...

Hurricane ups UK Lancaster Field output to 1.4 million bbl
(7/10/2020) Hurricane Energy has reported production from the Lancaster Field in the UK sector of the North Sea has increased from 1.3 million bbl in the first quarter...

Semisub Deepsea Stavanger sailing for South Africa
(7/10/2020) Africa Energy has advised the Odfjell semisubmersible drilling rig Deepsea Stavanger has departed Bergen, Norway bound for South Africa...

Gazprom Neft, Lukoil & Tatneft in new Orenburg license JV
(7/10/2020) Gazprom Neft, Lukoil, and Tatneft have established a new joint venture to explore and produce hard-to-recover hydrocarbon reserves in Russia's Orenburg...

Talos told to unitize Mexican Gulf's Zama Field
(7/10/2020) The Mexican Ministry of Energy has instructed Talos Energy and its partners in the Bay of Campeche Block 7 Zama Field to unitize the field...

Zenith in JV to acquire Republic of Congo production license
(7/9/2020) Zenith Energy has entered a joint venture with a local oil and gas company to acquire a production license in the Republic of the Congo's Kouilou region...

Four companies successfully bid for 5 South Australia exploration licenses
(7/9/2020) The South Australia state government has announced the successful bids for five new exploration licenses in the Cooper and Otway Basins...

Aibel wins portfolio contracts for Norway's Oseberg Fields
(7/9/2020) Equinor has awarded Aibel a portfolio agreement for the Oseberg Fields for the period 2020-26 that is intended to ensure a holistic approach to project executions...

ABB in pact with Yinson for Brazil's Marlim 2 Field FPSO
(7/9/2020) ABB has signed an agreement with energy solutions provider Yinson for FPSO electrical, control, and telecommunication equipment and services...

NNPC starting to lay Trans-Sahara Gas Pipeline segment
(7/7/2020) The first phase of construction of the Trans-Nigerian Gas Pipeline section of the 4,401-km Trans-Sahara Gas Pipeline is about to be launched...

Sasol relinquishing stake in Mozambique Block 16/19
(7/7/2020) South Africa's Sasol Group has decided to withdraw from its holding in the offshore Mozambique Block 16/19 and return its interest to the Government...

Petrobras contracts Saipem to install Buzios Field subsea system
(7/7/2020) Petroleo Brasileiro has selected Saipem to install a rigid riser-based subsea system to serve the Buzios pre-salt field development offshore Brazil...

Tethys Oil awarded Oman's southern onshore Block 58
(7/7/2020) Tethys Oil has reported its award of an exploration and production sharing agreement by the Sultanate of Oman for the onshore Block 58...
Trillion tests of Turkey's Derecik Blocks prove promising
(7/7/2020) Trillion Energy has reported its evaluation of the Zagros Basin Derecik exploration licenses in the Hakkari area of Turkey has promising results...

Jaguar to employ Emerson E&P in exploring new Mexican concessions
(7/7/2020) Jaguar Exploracion y Produccion will use Emerson's exploration and production software and services to maximize the potential of its onshore projects...

Equinor lines up Deepsea Atlantic to drill 12 Sverdrup wells
(7/7/2020) Equinor has signed a letter of intent with Odfjell Drilling for the semisubmersible Deepsea Atlantic to drill 12 wells during phase 2...

Eni contracts Vantage jackup Topaz Driller for offshore Montenegro
(7/6/2020) Vantage Drilling International has entered into a contract with the Eni Montenegro unit of Ente Nazionale Idrocarburi for its premium jackup...

BP transfer & $5.6 billion sale of Alaska leases to Hilcorp approved
(7/6/2020) The Alaskan Department of Natural Resources and Department of Environmental Conservation have approved transfer of BP's 176 leases...

PGS shooting ultra-HD seismic survey in Norwegian Barents Sea
(7/6/2020) Petroleum Geo-Services has commenced an ultra-high-density seismic survey in the Norwegian Barents Sea from Hammerfest Basin to Loppa High...

Atlas resumes development operations on Nigeria's Ejulebe Field
(7/6/2020) Atlas Petroleum International has reported resuming workovers and well interventions in the shallow water OML109 Ejulebe Field off Nigeria...

600-mile Atlantic Coast gas pipeline cancelled
(7/6/2020) Duke Energy and Dominion Energy have advised that the Atlantic Coast Pipeline, a proposed 600-mile natural gas pipeline has been cancelled...

LLOG to tieback US Gulf Taggart discovery to Devils Tower Spar
(7/2/2020) LLOG Exploration Offshore has sanctioned its Taggart discovery in the US Gulf of Mexico's Mississippi Canyon will tie it back Williams' Devils Tower...

Maersk Developer semisub contracted by Petronas for Suriname well
(7/3/2020) The Petronas Suriname Exploration & Production subsidiary of Petroliam Nasional has contracted Maersk Drilling's DS21 semisubmersible drilling rig...

US rotary rig count falls by two rigs this week
(7/3/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has fallen by another two rigs to 263...

Subsea 7 contracted for Hod Field redevelopment in North Sea
(7/3/2020) Aker BP has awarded a contract to Subsea 7 as part of its redevelopment of the Hod Field in the southern Norwegian sector of the North Sea...

Neptune signs Fugro for Cygnus Field remote monitoring
(7/2/2020) Neptune Energy has awarded of a subsea inspection contract to Fugro that includes state-of-the-art remote monitoring surveying of subsea structures...

Pemex drilling Quesqui appraisal well onshore Tabasco, Mexico
(7/2/2020) Pemex Exploracion y Produccion has received permission from Mexico's Comision Nacional de Hidrocarburos to drill its Quesqui-2DEL appraisal well...

Aker Solutions to deliver Askeladd subsea system for Equinor
(7/2/2020) Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the next phase of the Askeladd development...

 For more headlines, select from OGI Departments at top left
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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Oil/Gas Prices & Analysis
Crude prices fall 3.1% as rising COVID infections cut demand

(7/9/2020) Crude futures tumbled about US$1/bbl today at the New York Mercantile Exchange (Nymex) and London Intercontinental Exchange (ICE) in response to a resurgence of coronavirus infections across the globe, with the spread most worrisome in the United States, where the most case increases in a single day of any country...⇒⇒⇒
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