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Latest Headlines

Total to develop Al Kharsaah Solar PV Project in Qatar
Total has entered into agreements for the development of the Al Kharsaah Solar PV IPP Project onshore Qatar some 80 km west of Doha...

Mubadala farmout of Andaman blocks off Indonesia completed
(1/23/2020) Mubadala Petroleum has completed farmout of 20% interest in the Andaman I and South Andaman production sharing contracts to Premier Oil...

ONGC receives 50 bids for small & marginal fields in India
(1/23/2020) Oil and Natural Gas Corporation, the Indian national oil and gas company, has reported receiving bids for 50 of the 64 small and marginal fields on offer...
Fugro completes joint Caribbean seep hunt with Colombia's DIMAR
(1/23/2020) Fugro and Colombia's Direccion General Maritima have completed a joint environmental seep hunting study to help assess resource potential...

Galp takes lead as largest Iberian solar energy player
(1/23/2020) Galp Energia has concluded an agreement with ACS Group for acquisition, development, and construction of solar photovoltaic projects in Spain...

Brazil oil production exceeds a billion bbl
(1/23/2020) The Brazilian government's Agencia Nacional do Petroleos has reported that for the first time total oil production in 2019 was 1.018 billion bbl...

Condor sale of Kazakhstan Zharkamys West 1 fields near finalization
(1/23/2020) Condor Petroleum has received an additional US$18.7 million out of the total compensation of $24.6 million for its Shoba and Taskuduk Fields...

Wilderness Society challenges Equinor drilling Great Australian Bight
(1/23/2020) The Wilderness Society South Australia has commenced legal proceedings in the Federal Court of Australia to challenge the environmental approval...

Ion to shoot MC 2D & 3D seismic in Colombian Caribbean Sea
(1/23/2020) Ion Geophysical has entered a multi-client agreement with Colombia's Agencia Nacional de Hidrocarburos to reprocess existing data and acquire new 2D and 3D...

Vaalco restores production from Gabon's Etame-10H and Etame-4H wells
(1/23/2020) Vaalco has begun drilling the Southeast Etame-4P appraisal wellbore offshore Gabon to evaluate a Gamba step out area in Southeast Etame...

Hilcorp's Green-1 producer onshore Texas ramped up to 14.3 million cf/d
(1/22/2020) Hilcorp Energy has succeeded in raising the output of its Green-1 production well on the Lightning Field onshore Matagorda County, Texas...

ARO orders 2 new jackups from International Maritime Industries
(1/22/2020) Valaris has advised its 50/50 joint venture with Saudi Aramco, ARO Drilling, has ordered two newbuild jackup rigs from International Maritime Industries...

Shearwater awarded Arabian Sea 3D seismic shoot for ONGC
(1/22/2020) Shearwater GeoServices has been awarded a 3D broadband marine seismic acquisition campaign off India by Oil and Natural Gas Corporation...

Oil Search's Mitquq-1 on Alaska's North Slope encounters oil & gas
(1/22/2020) Oil Search has advised that its Mitquq-1 exploration well in the Pikka Unit of Alaska's North Slope has penetrated its objective, a Nanushuk reservoir...

TAQA Bratani new operator of UK North Sea Brae Area
(1/22/2020) RockRose Energy has transferred operatorship of the Brae Area fields in the UK sector of the North Sea to TAQA Bratani...

Ocean Installer picked for UK North Sea Triton area development
(1/22/2020) The Dana Petroleum subsidiary of Korean National Oil Company has awarded Ocean Installer a contract for work in the Triton area development...

EMGS awarded added acquisition on behalf of Pemex
(1/22/2020) Electromagnetic Geoservices has received a call-off for additional acquisition following the two-year acquisition currently in the Gulf of Mexico...
Libya oil production halted by strongman Khalifa Haftar
(1/21/2020) Libya's Benghazi government of Khalifa Haftar, which controls all eastern oilfields and oil ports has stopped virtually all of the country's production...

Lamprell to build 2 jackups for International Maritime Industries
(1/21/2020) International Maritime Industries has awarded a contract to Lamprell for the fabrication and delivery of two jackup drilling rigs to be built collaboratively...

Aker BP extends Maersk Integrator contract by 2 more wells
(1/20/2020) Maersk Drilling has reported its jackup drilling rig Maersk Integrator has received a two-well contract extension from Aker BP under alliance terms...

Touchstone test of onshore Trinidad Cascadura well positive
(1/21/2020) Touchstone Exploration has reported achieving "extremely encouraging" results in testing its Cascadura-1ST1 exploration well onshore Trinidad...

Fred.Olsen completes decom of North Sea Tyne & Guinevere platforms
(1/21/2020) Fred. Olsen Windcarrier has completed offshore work related to decommissioning of two gas platforms in the UK North Sea for Perenco...

Second Terra Nova FPSO safety order issued to Suncor Energy
(1/21/2020) The chief safety officer of the Canada-Newfoundland and Labrador Offshore Petroleum Board has issued a second safety order to Suncor Energy...

SNC-Lavalin wins Al Dhafra contract for Abu Dhabi's Haliba Field
(1/21/2020) SNC-Lavalin has been awarded an engineering services contract by the Al Dhafra Petroleum joint venture for the second phase of the Haliba Field...

Kurd Iraq Shaikan Field output keeps growing
(1/21/2020) Gulf Keystone Petroleum has increased the average gross production at its Shaikan Field in the Kurdistan Region of Iraq from 32,883 b/d to 40,000 b/d...

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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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Oil/Gas Prices & Analysis
Small price increases due to well supplied world oil markets

(1/21/2020) Traders at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) made it a lackluster trading day today as a result of evidence that the global market for oil and its products is well supplied due to record production by the United States and the Organization of Petroleum Exporting Countries (OPEC), which, even with its adherence to the pact to reduce output by 1.7 million b/d is turning out ample supply...⇒⇒⇒
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