ExxonMobil added 4.5 billion boe in 2018, boosted by Guyana and Brazil
U.S oil major ExxonMobil has said it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.
View ArticleExxon makes gas discovery at Glaucus-1 well, offshore Cyprus
ExxonMobil has completed the drilling of the second exploration well in the Block 10 offshore Cyprus has made a gas discovery, the government said on Thursday.
View ArticleExxon’s Cyprus discovery ‘huge’ but with rocky road ahead, analysts say
ExxonMobil last week made what was described a major gas discovery offshore Cyprus, joining Eni and Noble Energy in making significant gas finds in the eastern Mediterranean. While at first, this is...
View ArticleSapura nets $315M in new contracts
The batch of new deals, among others, will see Sapura enter the Egyptian market, as well as work for the Oz Navy
View ArticleGuyana approves CGX, Frontera offshore block farm-out
Guyana has approved the previously proposed farmed out of a share in CGX's two offshore blocks in Guyana to Frontera Energy Corporation.
View ArticleMozambique approves Rovuma LNG development plan
The government of Mozambique has approved the development plan for the Rovuma LNG project led by Exxon and Eni.
View ArticleHibernia oil production still shut after spill. Response efforts continue
Oil production from the Hibernia platform remains shut
View ArticleHibernia platform production still shut after latest spill. Regulator...
The sheen from the latest spill is reported to have dissipated.
View ArticleReport: Exxon selling Norwegian business for $4 billion
The company is reportedly leaving Norway after more than 125 years of operation there
View ArticleNeptune abandons plan to buy Edison’s UK and Norway assets from Energean
Energean has agreed with Neptune Energy to terminate the agreement for Neptune Energy to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean. In turn, Energean is looking to acquire...
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ExxonMobil farms into Petronas’ block offshore Suriname
Malaysian energy giant Petronas has completed the farm-down of 50 per cent of its participating interest in its fully-owned Block 52 offshore Suriname to ExxonMobil. Location of Block 52 (in red);...
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Emperor teams with APA on Judith offshore gas project
Emperor Energy and Australia’s largest gas infrastructure company APA Group have entered into a binding agreement to progress with the pre-front end engineering design (pre-FEED) for the provision of...
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Odfjell Drilling to idle rig prior to Total gig in South Africa
Offshore drilling contractor Odfjell Drilling and French oil major Total have agreed to keep Odfjell’s semi-sub rig Deepsea Stavanger idle in Norway prior to mobilising it to South Africa for Total’s...
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PD&MS wins modifications job on Spirit Energy’s facilities
UK engineering company PD&MS Group has been awarded a new three-year contract with options for a further three-year extension with Spirit Energy. PD&MS vice president of operations and...
View ArticleDamen to deliver components package for oil recovery vessel
Dutch shipbuilder Damen Shipyards Group has signed an agreement with South Korean-based Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package for a multi-purpose...
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Interim chief financial officer of KrisEnergy takes on permanent role
Oil and gas company KrisEnergy has decided to promote its interim chief financial officer (CFO) to a permanent role. KrisEnergy assets; Source: KrisEnergy KrisEnergy said on Tuesday that Joanne Ang,...
View ArticleFloatel accounts blocked. Debt payment put off until mid-June
Floatel International, a provider of offshore accommodation rigs, has entered into an agreement with bondholders for an extension of a forbearance agreement until 15 June 2020. Floatel said on Tuesday...
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GALLERY: Giant Sleipnir vessel wraps up decommissioning campaign for...
Earlier this month, Heerema Marine Contractors’ giant semi-submersible crane vessel (SSCV) Sleipnir completed its first decommissioning campaign of the season. Images by Heerema Marine Contractors It...
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Using oil and gas know-how to develop CO2 capture and storage project amid...
Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway...
View ArticleMaersk Supply Service gets subsea removal task for Dunlin Alpha platform
Maersk Supply Service has secured a contract by Fairfield Betula Limited for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames. Maersk Supply Service will remove four 30”...
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