Latest News
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22 Sep 23
UK: Sunak speech: Homegrown energy must be big part of the answer to national challenges
The UK offshore energy industry has reinforced the key role it can play to help the country boost jobs, grow the economy, cut emissions and provide energy security following a speech by the Prime Minister. The leading representative body for the sector, Offshore Energies UK, said an enduring consensus is needed across parties if it is to unlock £200bn of company investment in oil, gas, wind, hydrogen and carbon capture over the next decade. -
22 Sep 23
Norway: The Norwegian Petroleum Directorate and the Petroleum Safety Authority are changing their names
he Norwegian Petroleum Directorate and the Petroleum Safety Authority are changing their names. The NPD's new name will be the Norwegian Offshore Directorate. The PSA's new name will be the Norwegian Ocean Industry Authority. -
22 Sep 23
The Board of Directors of TotalEnergies reaffirms its support to the Company’s multi-energy strategy
The Board of Directors of TotalEnergies has reaffirmed its support to the Company’s multi-energy strategy. The Board of Directors noted the relevance of the Company’s balanced multi-energy strategy considering the developments in the oil, gas and electricity markets. -
22 Sep 23
Norway: Equinor drills dry well near the Munin field in the North Sea
Equinor is concluding the drilling of exploration well 30/11-15 in the North Sea. The well is dry. Equinor drilled the well on behalf of Aker BP, the operator of the production licence. -
22 Sep 23
Turkey: UKOG provides Pinarova-1 testing update
UK Oil & Gas (UKOG) has announced that following the temporary suspension of Pinarova-1 testing operations, larger and more powerful 7-inch perforating guns have been sourced and testing operations will recommence as soon as possible. -
22 Sep 23
Norway: Wintershall Dea granted drilling permit for well 6406/3-12 S in PL 836 S
The Norwegian Petroleum Directorate (NPD) has granted Wintershall DEA Norge a drilling permit for well 6406/3-12 S in PL 836 S. The well will be drilled by the Transocean Norge semi-sub. Planned spud date is September 2023. -
22 Sep 23
Trininad's Ministry of Energy and Energy Industries awards three deep water blocks to a consortium of bp and Shell
Trinidad's Ministry of Energy and Energy Industries has awarded three deep water blocks to a consortium of bp and Shell. -
22 Sep 23
Egypt: KUFPEC enters a new partnership with Shell in Egypt
BG International, subsidiary of Shell, has signed a Farm Out Agreement with KUFPEC (Egypt) KEL, subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), under which KEL will acquire a 40% stake in Block 3 (NorthEast El-Amriya) in the Egyptian Mediterranean Sea. -
21 Sep 23
GoM: W&T Offshore announces accretive acquisition of producing properties in the Gulf of Mexico
W&T Offshore has completed the acquisition of working interests in eight shallow water oil and gas producing assets in the central and eastern shelf region of the Gulf of Mexico from an undisclosed private seller. The Assets were acquired for a gross consideration of $32 million. -
21 Sep 23
McDermott awarded transportation and installation contract by PRIO for the Wahoo field, offshore Brazil
McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil. The Wahoo field is located about 19 miles (30 kms) north of the already-producing Frade field in Brazil's Campos basin. -
21 Sep 23
Brazil: Equinor declares commerciality for fields in the BM-C-33 area in the Campos Basin
Equinor has, on behalf of the BM-C-33 consortium, submitted the Declarations of Commerciality and Plans of Development for two fields in the BM-C-33 concession in Brazil’s Campos Basin. The concession contains natural gas and oil/condensate recoverable volumes of above one billion barrels of oil equivalent. The suggested names for the fields are Raia Manta and Raia Pintada.
