OGI Departments World Industry News Exploration & Discoveries Drilling & Completion Development & Production Licensing & Concessions Geosciences Pipelines LNG/LPG Health Safety Environment Company News Oil/Gas Prices & Analysis Special Features Technical Reports Regional Spotlight New Products & Services Industry Calendar Industry Book Reviews Industry Associations Industry Links Search Archives Upcoming Events June 18-20 Upstream West Africa 2019 June 18-21 FSRU Asia Summit June 19-20 3rd Annual API-IOGP Cybersecurity Europe Conference June 19-20 SPE Gaia Summit: Oil & Gas on the Right Side of History June 19-20 9th Russia & CIS Oil & Gas Executive Summit June 24-25 Future Middle East Africa Oil & Gas Digital Transformation Summit June 24-28 CWC World LNG & Gas Series 11th Asia Pacific Summit June 25-28 Brazil Offshore June 27-28 Iraq Petroleum More Events New Products & Services Reflex launches WAVE-4 personnel transfer carrier Personnel fall protection lanyard Marine Breakaway Couplings Latest version of RockWorks for 2D & 3D visualization Submit your new products and services to OGI New Book Review Deepwater Drilling by Peter Aird Latest Headlines OPEC+ to continue supply cut to yearend (5/20/2019) Members of the Organization of Petroleum Exporting Countries and their confederates in the oil production cut have resolved to maintain the reduction... China's tariff retaliation to pressure on US LNG (5/21/2019) On 13 May, in response to US President Trump's increase in US tariffs from 10% to 25% three days before, China retaliated with tariffs on $60 billion of US imports... Dana Gas drilling Merak-1 exploration well in Egyptian Mediterranean (5/21/2019) Dana Gas has begun drilling operations at its Merak-1 exploration well offshore Egypt in the Eastern Mediterranean Basin's North El Arish... PGNiG drilling Rehman-6 producer onshore southern Pakistan (5/21/2019) Polskie Gornictwo Naftowe i Gazownictwo has spudded its Rehman-6 production well on the Rehman Field on the Sindh and Baluchistan border... Talos taps into oil with US Gulf Bulleit exploration well (5/21/2019) Otto Energy has advised that the Talos Energy-operated Green Canyon Block 21 Bulleit exploration well has encountered oil in the DTR-10 sands... Shearwater to shoot HD 3D seismic over Senegal's SNE Field (5/21/2019) Shearwater GeoServices has been awarded a high-density multi-azimuth 3D seismic acquisition contract over the SNE Field off Senegal... Zennor developing UK North Sea Finlaggan Field (5/21/2019) The Zennor Pathway subsidiary of Zennor Petroleum has commenced the development of its 100% owned Finlaggan Field in the UK Central North Sea... Sound achieves commercial gas rates at TE-10 discovery in Morocco (5/21/2019) Sound Energy's TE-10 gas discovery at Tendrara in Eastern Morocco, has not achieved commercial flowrates following Schlumberger's stimulated well test... InterMoor contracted to install moorings for 2 COOEC floaters (5/21/2019) InterMoor has been awarded the mooring installation contract for two floating production units by China Offshore Oil Engineering Company... Edison & Eni developing gas reserves offshore Sicily (5/20/2019) Edison Exploration & Production and Ente Nazionale Idrocarburi have commenced development of the gas reserves in the Mediterranean off Sicily... Reabold's California Sacramento Basin wells set to start pumping (5/20/2019) Reabold Resources has advised that its contract operator Integrity Management Solutions has completed the perforating and swabbing... TGS & PGS to shoot Torngat 3D MC survey offshore Eastern Canada (5/20/2019) TGS Nopec Geophysical and Petroleum Geo-Services will launch their Torngat 3D multi-client seismic acquisition project offshore East Canada... Shelf Drilling Achiever set for 3-year stint in Persian Gulf (5/20/2019) Shelf Drilling has received a new, three-year drilling contract for its recently acquired premium jackup drilling rig, the Shelf Drilling Achiever... CGG makes 7 pre-calculated US onshore basin MagCubes available (5/20/2019) CGG Multi-Physics has MagCubes now available for the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian and Woodford plays... WIS acquiring Drilco business & assets from Schlumberger (5/20/2019) Wellbore Integrity Solutions has agreed to acquire the businesses and associated assets of Drilco, Thomas Tools, and Fishing & Remedial services... Red Wolf acquires Oklahoma SCOOP, STACK, & Merge assets (5/20/2019) Red Wolf Natural Resources has acquired approximately 56,000 net acres and associated production in Oklahoma's SCOOP, STACK, and Merge plays... Eni wins Argentina's Ronda Costa Afuera 1 bid for Block MLO124 (5/20/2019) Ente Nazionale Idrocarburi has revealed that it has been officially awarded the exploration license for Argentina's offshore Block MLO124... Cairn farming into Equinor's 4 blocks offshore Nicaragua (5/19/2019) Cairn Energy has signed a farm-in agreement with Equinor for a 35.1% non-operated interest in four exploration blocks in the Nicaraguan Pacific... Cameron LNG sees 1st production from 1st train (5/19/2019) The Cameron LNG Project has begun production of liquefied natural gas from the first liquefaction train of the export project in Hackberry, Louisiana.. EnscoRowan awarded $180 million by arbitration tribunal (5/17/2019) EnscoRowan has reported an arbitration tribunal has awarded it US$180 million in damages in its proceedings against Samsung Heavy Industries.. Santos P'nyang farm-in advances PNG LNG expansion (5/17/2019) Santos has advised that by signing a binding letter of intent to acquire interest in PRL3, which contains the P'nyang gasfield in Papua New Guinea... ExxonMobil's New Mexico Permian Basin operations benefit state by $64 million (5/17/2019) A new study estimates ExxonMobil's development of Permian Basin resources in New Mexico will generate some US$64 billion... US rotary rig count down 1 rig this week to 987 (5/17/2019) Baker Hughes has reported there were two fewer rigs actively drilling in the United States rotary rig fleet this week, which is 42 rigs less than this time last year... Murphy subs buy Ophir stake in Mexico's Cuenca Salina Block (5/17/2019) Ophir Energy has signed a sales and purchase agreement for its 23.33% interest in Mexico's Bay of Campeche Cuenca Salina Block... Mexico's CNH alters boundaries of Maximino-Nobilis Block (5/17/2019) Mexico's Comision Nacional de Hidrocarburos has granted the Petroleos Mexicanos (Pemex) request to modify the boundary of the Maximino-Nobilis Block... Shell Australia's Bratwirst-1 exploration well enviro plan approved (5/17/2019) Australia's National Offshore Petroleum Safety & Environmental Management Authority has approved Shell Australia's environment plan... New Nigeria Assa North & Ohaji South gas projects targeting 60 million cf/d (5/16/2019) Shell Petroleum Development Company of Nigeria is developing the Assa North and Ohaji South gas projects to produce approximately 600 million cf/d... KBR awarded Oman LNG debottlenecking FEED contract (5/16/2019) KBR has been awarded a front end engineering design contract by Oman LNG for the debottlenecking of its facility at Sur in the Sultanate of Oman... EMGS to acquire CSEM survey in Norwegian Barents Sea (5/16/2019) Electromagnetic Geosystems has entered into an agreement for a fully pre-funded multi-client 3D controlled source electromagnetic survey... PGS concludes MC 3D GeoStreamer survey off Republic of Guinea (5/15/2019) Petroleum Geo-Services has completed the acquisition of its multiclient 3D GeoStreamer seismic survey over Blocks A4 and A5 offshore Guinea... Modular LNG pretreatment technology for Calcasieu Pass export facility (5/15/2019) Honeywell has been selected by Venture Global LNG to provide pretreatment technology to remove various contaminants from natural gas... Talon Petroleum completes acquisition of EnCounter Oil (5/15/2019) Talon Petroleum has acquired EnCounter Oil and its UK North Sea exploration licenses 2363 and 2392, and their Skymoos and Rocket Prospects... Aker BP gets Norway's PSA go-ahead for Hornet Main exploration well (5/15/2019) The Norwegian Petroleum Safety Authority has given Aker BP its consent to drill an exploration well in production license PL777 in the North Sea... Lack of interest produced no bids for offered parcels off Nova Scotia (5/15/2019) The Canada-Nova Scotia Offshore Petroleum Board has reported its Call for Bids NS18-3 received no bids and the parcels will remain Crown land... Empyrean confirms Jade & Topaz Prospects in China's Block 29/11 (5/15/2019) Empyrean Energy has advised that comprehensive analysis of 3D seismic data has confirmed the presence of well-defined low reflectivity zones... Yemen's Houthi rebels dispatch drones to attack Saudi pipeline (5/15/2019) Yesterday the Houthi rebels in Yemen launched a drone attack on Saudi Arabia's major East-West Pipeline, which carries approximately 5 million b/d... GulfSlope Energy abandons Tau well allowing for re-entry (5/14/2019) GulfSlope Energy has advised that it did not encounter producible hydrocarbon zones in its Tau Prospect exploration well in the US Gulf of Mexico... NPD grants Lundin permit to drill wildcat near Edvard Grieg in North Sea (5/14/2019) The Norwegian Petroleum Directorate has granted the Norwegian subsidiary of Lundin Petroleum a permit to drill a wildcat exploration well... Rovuma LNG development plan wins Mozambique government approval (5/14/2019) Mozambique Rovuma Venture said today the government of Mozambique has approved its development plan for the Rovuma LNG Project... Siccar Point taps down Blackrock well in UK West of Shetland (5/14/2019) Siccar Point Energy has completed drilling the Blackrock exploration well in the West of Shetland region of the UK sector of the North Sea... McDermott wins EPCI contract for Brazil's Sepia Field from Petrobras (5/14/2019) McDermott International has received a significant contract from Petroleo Brasiliero for engineering, procurement, construction, and installation... Schlumberger selects Google Cloud as a preferred cloud provider (5/14/2019) Schlumberger has renewed and significantly expanded its agreement with Google Cloud to develop cloud-native E&P applications... CGG set to shoot 1st MC OBN survey in US Gulf Mississippi Canyon (5/14/2019) CGG is to commence its first multi-client ocean bottom node survey to be carried out in the US Gulf of Mexico... Serinus puts Romania's Moftinu Gas Project online (5/13/2019) Serinus Energy has brought the Moftinu Gas Project in Romania into production via its conventional start-up program with the Moftinu-1003 wella... Equinor buys Shell's stake in US Gulf Caesar Tonga Field for $965 million (5/13/2019) Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga Field in the US Gulf of Mexico from Shell Offshore... Hurricane Energy starts up UK North Sea Lancaster Field (5/13/2019) Hurricane Energy has advised that the early production system development of the UK's Lancaster Field is underway... Winstar resuming development operations onshore southern Tunisia (5/13/2019) Serinus Energy has reported its subsidiary Winstar Tunisia has resumed production at the Chouech Es Saida Field onshore southern Tunisia... Equinor gets NPD consent to commence production at Trestakk Field (5/13/2019) The Norwegian Petroleum Directorate has granted consent for start-up this month of the Trestakk Feld in the Norwegian Sea to Equinor... Shell Midstream Partners ups stakes in Explorer & Colonial Pipelines (5/13/2019) Shell Midstream Partners has agreed to acquire additional interest in Explorer Pipeline Company and in Colonial Pipeline Company... Jadestone concludes infill drilling at Western Australia's Stag Field (5/13/2019) Jadestone Energy has wound up its infill drilling program at the Stag oilfield offshore Western Australia in the Indian Ocean... Columbus wins Bonasse license onshore SW Trinidad (5/13/2019) Columbus Energy Resources has been granted a private petroleum license for the Bonasse License Area in the southwest peninsula of Trinidad... Trelleborg awarded 3 major UK & Brazil buoyancy contracts (5/12/2019) Trelleborg's offshore operation was recently awarded three major contracts for drilling riser buoyancy and associated riser protection... Rosnedra affirms major Arctic oilfield in Yenisey River Delta (5/12/2019) The Russian Mineral Resources Agency, Rosnedra, has confirmed the Payakha Fields near Dudinka in the Yenisey River Delta may contain 8.5 billion bbl...  For more headlines, select from OGI Departments at top left Another Perspective Global discoveries on the rise by Taiyab Zain Shariff, Rystad Energy Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the first quarter. Global discoveries of conventional resources in the first quarter reached a robust 3.2 billion boe...⇒⇒⇒ Latest Editorials Oil/Gas Prices & Analysis Crude prices close week lower today but higher for week (5/17/2019) The week's trade closed today at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) higher but today's settlements were lower in all of our monitored benchmarks against a background of lower price supports in the North Sea and OPEC prices even as Iranian crude exports fall...⇒⇒⇒ Feedback Email your comments and suggestions on this site or any of its articles Read Feedback comments What's New Tools Glossary World Time Zones Measurement Conversions Currency Converter About This Site | Contributer's Guide | Newsfeed Services | 2019 Advertising Info | Contact Us ©Copyright 2001-2019, Oil and Gas International, all rights reserved. ISSN: 155-7440. Republication or redistribution of any content in the Oil and Gas International website and newsletter, whether by caching, framing, or any similar means, is completely prohibited without advance consent in writing from Oil and Gas International. The content, including articles, maps, graphics, and site information, may not be copied, reproduced, modified, rewritten, or republished in any form, written or electronic, without written permission from Oil and Gas International. The OGI globe logo and Oil and Gas International are registered trademarks. For permissions, Contact Us.