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Latest Headlines

ExxonMobil returning to Brazil's pre-salt to drill Opal & Titan wells
ExxonMobil is gearing up to drill its first exploration well offshore Brazil in the pre-salt formation in almost ten years, the Opal wildcat in Campos Basin...

Total acquiring stake in world's largest solar development
(1/18/2021) Total is acquiring a 20% minority interest in Adani Green Energy Limited from India's leading infrastructure platform, the Adani Group...

Apex scores new oil discovery in Egypt's Western Desert
(1/18/2021) Apex International Energy has made an oil discovery in Egypt's Southeast Meleiha Concession west of the Zarif Field in the Western Desert...

KrisEnergy relinquishes stake in Bangladesh offshore block
(1/18/2021) KrisEnergy has received approval from Bangladesh authorities to relinquish its interest in the Bay of Bengal Santos Sangu Block and Field, SS-11...

Halliburton performing first grid-powered fracturing operation
(1/18/2021) Halliburton is currently performing the industry's first electric grid-powered fracturing operation at a Cimarex Energy Texas Permian Basin site...

Netherlands' largest CO2 capture & store project on schedule
(1/18/2021) Porthos, the Netherlands project for CO2 capture and storage, has advised that it is on schedule to store an annual amount of 2.5 million tons of CO2...

Serinus drilling Moftinu-1008 producer in Pannonian Basin, Romania
(1/18/2021) Serinus Energy has reported the Moftinu-1008 well has been spudded in Romania's Satu Mare Concession and is drilling ahead toward total depth...

Shell Nigeria sells stake in Niger Delta OML17 to TNOG
(1/15/2021) The Shell Petroleum Development Company of Nigeria Limited unit of Royal Dutch Shell has completed the sale of its interest in Block OML17...

Equinor & Moss testing North Sea floating solar farm
(1/15/2021) Equinor is looking into the prospect of generating offshore solar power with Moss Maritime at a site off the North Sea island of Froya...

US active rotary rig count rises by 13 rigs this week
(1/15/2021) Baker Hughes has reported active drilling rigs operating this week in the US rotary rig fleet increased by 13 rigs to 373, or 423 less than this time last year...

Pantheon spuds Talitha-A well on Alaska's North Slope
(1/15/2021) Pantheon Resources has commenced drilling its Talitha-A exploration well on its Alaska's North Slope operated Talitha Block...

Woodside given approval for GWF and Lambert Deep development
(1/15/2021) Australia's Nopsema has approved the Greater Western Flank-3 and Lambert Deep development, subsea tie-backs to GWA and Angel...

Shell farming into CAN 100 Block offshore Argentina
(1/14/2021) Equinor and its 50/50 partner in the offshore North Argentinian Basin, Yacimientos Petroliferos Fiscales have agreed to a farmout...

Searcher & PeruPetro produce onshore Peru 2D & 3D rectification
(1/14/2021) Searcher Seismic, in collaboration with PeruPetro, has produced a new onshore renewed and enhanced Peru dataset, including post-drill analysis...

Keskesi East a new discovery off Suriname by Total & Apache
(1/14/2021) Total and partner Apache Corporation have made a new, significant oil and gas discovery offshore Suriname with their Keskesi East-1 exploration well...

BW Energy ups stake in Namibia's Kudu license to 95%
(1/14/2021) BW Energy and the National Petroleum Corporation of Namibia have signed a farm-in and carry agreement that increases BW's working interest...

Beach given go-ahead to drill offshore Artisan-1 in Australia's Otway Basin
(1/14/2021) Australia's National Offshore Petroleum Safety & Environmental Management Authority has given Beach Energy its approval to drill...

TGS shooting 3D MC seismic survey offshore Brazil
(1/13/2021) TGS Nopec Geophysical has commence its Espirito Santo multi-client 3D seismic survey encompassing 2,694 sq km in the South Atlantic off Brazil...

Maersk Resolve retained to drill UK North Sea producer
(1/13/2021) The Maersk Drilling unit of AP Moller-Maersk has been awarded a contract by Spirit Energy to drill one development well at the Grove Field Northeast...

Galilee Energy multiwell pilot program in Queensland onstream
(1/13/2021) Galilee Energy has begun continuous production from the six new vertical wells in its multiwell pilot program onshore Queensland, Australia...

New York selects Equinor to provide largest US offshore wind project
(1/13/2021) New York State Energy Research & Development Authority has chosen Equinor and its partner BP to provide offshore wind power...

CGG completes hi-res seeps study in Norwegian Barents Sea
(1/12/2021) Compagnie Generale de Geophysique has reported that its Satellite Mapping Group has completed a high-resolution hydrocarbon seeps study...

Oceaneering & Stork contracted for Neptune's Cygnus platform
(1/12/2021) Neptune Energy has awarded integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus...

ReconAfrica drilling 1st of 3 wells in Namibia's Kavango Basin
(1/12/2021) Reconnaissance Energy Africa has begun drilling operations at its first well of an initial three-well exploratory drilling program in the deep Kavango Basin...

Clough moves to Stage 2 in Western Australia's Waitsia Field
(1/12/2021) Clough has been awarded the engineering, procurement, and construction scope for the Waitsia Field Stage 2 development in the northern Perth Basin...

ADX wins E&P and storage concession in Upper Austria
(1/11/2021) ADX Energy has been awarded an exploration, production, and storage concession in Upper Austria by the Austrian Ministry of Mining...

88 Energy buys Alaska's North Slope Umiat Field
(1/11/2021) 88 Energy has purchased the Umiat oil field on Alaska's North Slope via a 4% ORRI and assumption of the liability for well abandonment...

Chrysaor receives drilling permits for wildcats off Norway
(1/11/2021) The Norwegian Petroleum Directorate has grated the Norwegian subsidiary of Chrysaor drilling permits for two wildcat wells, 15/12-25 and 15/12/26...

Lion's Balam Energy processing 2D seismic shot off Seram Island
(1/11/2021) Lion Energy subsidiary, Balam Energy, is advancing processing of the 664 km of high resolution 2D seismic data recorded off Indonesia's Seram Island...

McDermott completes Reliance' KG-D6 R Cluster off India
(1/11/2021) McDermott International has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for startup...

US active rotary rig count rises by 9 rigs this week
(1/10/2021) Baker Hughes has reported its count of active drilling rigs operating this week in the US rotary rig fleet has increased by nine rigs to a total of 360...

88 Energy high bidder for Alaska Coastal Plain Tract 29
(1/10/2021) 88 Energy, via its wholly owned subsidiary Regenerate Alaska, has been named high bidder on Tract 29 in the 2021 Coastal Plain Lease Sale...

Finder awarded Western Australia North West Shelf Block WA-547-P
(1/10/2021) Finder Energy has been awarded a 100% operating interest in a highly competitive exploration permit offshore Western Australia...

Petrobras selling interest in Mangue Seco wind farms
(1/10/2021) Petroleo Brasileiro has concluded sales agreements for the joint sale with Wobben Windpower of all interests in the Eolica Mangue Seco complex...

ExxonMobil spuds Bulletwood-1 exploration well off Guyana
(1/10/2021) ExxonMobil has commenced drilling operations at its Bulletwood-1 exploration well in the deepwater Canje Block offshore Guyana...

Cambodia's Thai Gulf Apsara Field goes onstream
(1/8/2021) KrisEnergy, operator of Cambodia's Block A and the Apsara Field, has advised that first oil has been achieved from the Gulf of Thailand field...

Petrobras selling entire stake in Brazil's Bahia Terra Cluster
(1/8/2021) Petroleo Brasileiro has begun the non-binding phase in its sale of its entire interests in 28 onshore production fields and their integrated facilities...

McDermott wins Qatar North Field South FEED contract
(1/8/2021) McDermott International has been contracted by Qatargas to deliver front-end engineering and design for Qatar Petroleum's North Field South...

Tethys drilling Thameen-1 exploration well onshore Oman
(1/5/2021) Tethys Oil has begun drilling its exploration well Thameen-1 on Block 49 onshore Oman to a total depth of about 4,000 meters below the surface...

Santos launches Phase 3C infill drilling on Bayu-Undan Field off Timor Leste
(1/5/2021) Santos, operator for the Bayu-Undan Joint Venture, has advised that a final investment decision has been made for the Phase 3C infill drilling program...

BP strikes out offshore Western Australia with Ironbark-1
(1/5/2021) Beach Energy has advised that no significant hydrocarbons were encountered in the BP-operated Ironbark-1 exploration well...

Petrosibir successfully tests Yanbayskaya-1
(1/5/2021) Petrosibir has reported successful initial test results in its recently completed exploration well Yanbayskaya-1 in the Suyanovskoye Block in arctic Russia...
Shell acquires operation of 3 Colombian Caribbean Sea blocks
(1/4/2021) Colombia's Agencia Nacional de Hidrocarburos has approved Shell EP Offshore Ventures' acquisition of 50% interest in three offshore blocks...

OMV Petrom divests Kazakhstan assets
(1/4/2021) The OMV Petrom subsidiary of Osterreichischen Mineralolverwaltung has sold its 100% ownership of Kom-Munai and Tasbulat Oil in Kazakhstan...

First discovery onshore Sharjah since 1980s goes onstream
(1/4/2021) Sharjah National Oil Corporation and Ente Nazionale Idrocarburi have commenced production at their Mahani Field in Concession Area B...

Total-led consortium granted Egypt's North Ras Kanayis Offshore Block
(1/4/2021) An international consortium led by Total has signed an exploration and production agreement for a block off Egypt in the Herodotus Basin...
Strike suspends overpressured Western Australia well
(1/4/2021) Strike Oil has reported intersecting a very high and abnormally over-pressured Permian gas column with its West Erregulla-3 appraisal well...

PGS wraps up Santos Vision MC seismic project off Brazil
(1/4/2021) Petroleum GeoServices has completed the final phase of its Santos Vision MultiClient seismic data revitalization project to be in this year's Bid Round...

 For more headlines, select from OGI Departments at top left
From the Editor

COVID-19 Resurgence & Renewed Demand Loss

Dev George
Managing Editor

There is tremendous anticipation that the several coronavirus (COVID-19) vaccines that are soon to be available may signal the end of the terrible pandemic that has swept the world, causing at least 66.5 million cases of illness due to the virus and killing 1.52 million people to date. The United States leads the world in number of cases and deaths, followed by India, Brazil, Russia, France, UK, Spain, and Italy...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Crude closes week with 2% price drop on tight supply & low demand

(1/15/2021) Trade at the New York Mercantile Exchange (Nymex) and London Intercontinental Exchange (ICE) closed out the week today by sending our monitored benchmarks down across the board by more than 2% due to renewed worries about the resurgence of the coronavirus in China and across the United States and Europe...⇒⇒⇒
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