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Latest Headlines

PetroChina scores another major gas finds in Xinjiang, China
PetroChina has reported its Tarim subsidiary has achieved a significant onshore tight gas discovery in China's Xinjiang Uighur Autonomous Region...

PGS releases new multi-azimuth GeoStreamer 3D for Cote d'Ivoire
(5/23/2020) Petroleum Geo-Services has released its new 900 sq km multi-azimuth broadband seismic survey over Cote d'Ivoire Block CI-706...

IHS Markit predicts US oil output to drop 1.75 million b/d
(5/23/2020) IHS Markit Energy Advisory Service expects US oil production to be cut by 1.75 million b/d and Canadian by 500,000 b/d...
Coro wins Indonesian regulatory approval for stake in Duyung Block
(5/23/2020) Coro Energy has advised that all necessary Indonesian regulatory approvals have been received for the transfer of interest in the Duyung Block...

Semisub Polar Pioneer lined up as offshore salmon fish farm
(5/23/2020) The new Norwegian company Viewpoint is negotiating to buy the semisubmersible drilling rig Polar Pioneer for the hub of an offshore salmon farm...

Baker Hughes international rig count among lowest in decades
(5/23/2020) Baker Hughes has reported its international rig count for April was 915 down 144 from March and down 147 from April 2019...

UK HSE issues safety notice to BP for Etap platform fire
(5/23/2020) The UK Health & Safety Executive has served BP with a notice for safety improvement on the UK North Sea Eastern Trough Area Project (Etap) platform...

US rotary rig count falls by another 21 rigs this week
(5/22/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has dropped 407 rigs in two months...

Polaris Asima wraps up Bonaparte Basin shoot off Australia
(5/21/2020) Neptune Energy has reported the successful acquisition of a 3D broadband seismic survey over the Petrel Field off Western Australia and Northern Territory...

Petronas farms out 50% of stake in Suriname block to ExxonMobil
(5/19/2020) Petroliam Nasional has completed the farm-down of 50% of its 100% interest in Suriname's offshore Block 52 to ExxonMobil...

Magnora taking stake in UK onshore wind project
(5/19/2020) Magnora has signed a letter of intent to invest in a UK onshore wind development project company with a potential of 50 MW...
PGS set to shoot 3 new seismic surveys offshore Eastern Canada
(5/19/2020) Petroleum Geo-Services will be undertaking three new seismic surveys offshore Labrador and Newfoundland between June and September...

Pipeline safety improving, mileage & bbl delivered increasing
(5/19/2020) The American Petroleum Institute and the Association of Oil Pipelines have released their Pipeline Safety Excellence Performance Report...

Repsol to employ Maersk Inspirer on Norway's Yme Field
(5/19/2020) The Norwegian Petroleum Safety Authority has given its consent to Repsol Norge to use the jackup drilling rig Maersk Inspirer on the Yme Field...

Qatar Petroleum farms into Total blocks offshore Cote d'Ivoire
(5/18/2020) Qatar Petroleum has entered a farm-in agreement with Total to acquire 45% interest in Blocks CI-705 and CI-706 in the Ivorian-Tano Basin...

McDermott wins Middle East platform topsides FEED contract
(5/18/2020) McDermott International has been awarded a sizeable contract by an unnamed Middle East client to carry out front-end engineering and design...
Alberta disallows Shell transfer of Foothills assets to Pieridae
(5/18/2020) Pieridae Energy CEO Alfred Sorensen has advised that Alberta, Canada's Alberta Energy Regulator has denied the application to transfer licenses...

Pemex drilling 2 new exploration wells on Mexico's Uchukil Field
(5/18/2020) Mexico's Comision Nacional de Hidcrocarburos has approved plans for the drilling of two exploration wells on the Uchukil Field in the Bay of Campeche...

Petrobras in Forno extended well tests on Brazil's Albacora Field
(5/18/2020) Petroleo Brasileiro has reported commencing extended well tests on its pre-salt discovery in the Albacora Field offshore Brazil's Rio de Janeiro state...
Yamal LNG evacuations underway after major COVID-19 break out
(5/17/2020) Novatek has advised the Yamal LNG plant at Sabetta on Russia's Yamal Peninsula in northern Siberia is now involved in a full personnel change...

Equinor, Shell & Total join Norway's Northern Lights CO2 Project
(5/17/2020) Equinor, Shell Norway, and Total are to participate in the Northern Lights Project in Norway's first exploitation license for CO2 storage...

Seven bidders to be awarded 49 marginal fields in India
(5/17/2020) Oil and Natural Gas Corporation has advised it will be awarding 13 contract areas that include 49 marginal oil and gas fields across India...
New contract issued for Northern Endeavour FPSO services
(5/15/2020) GR Engineering Services subsidiary, Upstream Production Solutions, has been awarded a contract to provide operations and maintenance...

Lincolnshire England oil discovery to go onstream in 2nd half of year
(5/15/2020) Union Jack Oil has reported that partners in the PEDL180 Wressle Field onshore England are set to commence commercial oil production...

Premier suspends Sea Lion-1 offshore Falkland Islands
(5/14/2020) Premier Oil has suspended the US$1.8 billion Sea Lion-1 Project offshore the Falkland Islands to reduce its costs during the present market downturn...

Lebanon prepping for 2nd Total offshore exploration well
(5/14/2020) Lebanese Water and Energy Minister Nada Boustani has advised that Total is preparing to undertake its second exploratory well offshore Lebanon...

US rotary rig count falls by another 35 rigs this week
(5/14/2020) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has fallen by 386 rigs in seven weeks...

Somalia launches new licensing round with 7 blocks up for bid
(5/14/2020) Somalia's Federal Ministry of Petroleum & Mineral Resources has launched a fresh licensing round having failed to generate much interest last year...

Shell in FID for Nigeria LNG final investment decision
(5/14/2020) The Shell Gas subsidiary of Royal Dutch Shell has advised that all conditions for its final investment decision on Train 7 at Nigeria LNG...

GAZ-System gets all permits for $1.88 billion Baltic Pipe
(5/14/2020) GAZ-System has now obtained all necessary approvals for construction of the US$1.88 billion Baltic Pipe gas pipeline transit of Sweden's Baltic Sea...

Mubadala drilling 3 production wells on Thailand's Manora Field
(5/14/2020) Tap Oil has reported that operator Mubadala Petroleum is commencing a development drilling program today offshore Thailand in the Manora Field...

Queensland offering 12 gas exploration parcels for bid
(5/14/2020) Queensland, Australia's Minister of Mines, Dr Anthony Lynham, has announced the availability of more than 6,700 sq km of lands in 12 parcels...

Sinopec deploys Sercel seismic equipment in Saudi onshore survey
(5/14/2020) Sercel has reported the successful large-scale deployment of its seismic data acquisition technology on a mega-crew survey in Saudi Arabia...

 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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Crude futures jump to highest since March

(5/21/2020) Crude futures surged today at Nymex and ICE to reach their highest prices since March as a result of a decrease in US domestic crude inventories, recovering demand as global governments lessen their travel restrictions and movement of people imposed because of the COVID-19 pandemic, as well as due to OPEC+ pact reducing their supply output...⇒⇒⇒
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