Tagged With Offshore
Gabon launches new oil bidding round
28 October 2015
Gabon officially launched a 2016 offshore bid round, offering five deep fields targeting a reversal on production slowdown, the country’s petroleum and hydrocarbons minister said
Norway completes Polarled line under budget
20 October 2015
Work on the 26.6bn cm/yr Polarled line is now done. It is the first pipeline on the Norwegian continental shelf to cross the Arctic Circle
Nigeria to renegotiate fiscal terms for offshore PSCs
19 October 2015
The timing of renegotiation of fiscal terms for offshore production-sharing contracts (PSCs) signed two decades ago is questionable for state-owned NNPC
Hope for UK oil industry at Offshore Europe conference
30 September 2015
The conference in Aberdeen presented a "do or die" challenge for the UK's offshore interests amid tough circumstances
UK oil and gas production gracefully coming to an end
11 September 2015
The UK’s offshore oil and gas bonanza has been an amazing success story: it contributed enormously to national wealth and made the country self-sufficient for a time
Eni to fast-track Egyptian gas field discovery
1 September 2015
Italian major Eni believes it has found a lean gas field off Egypt with 30 trillion cf of gas in place
More gas for Norway’s Aasta Hansteen
11 June 2015
The remote Norwegian sea discovery has been made by Statoil
New oil frontier beckons offshore Latin America
28 May 2015
ExxonMobil’s discovery offshore Guyana has renewed hopes that a stretch of waters off Guyana, Suriname and French Guiana will emerge
BP sees US shale output holding steady
19 February 2015
US shale production will remain near present levels for the next 20 years, but a slowdown in output from 2035 will see demand for Opec crude rise, BP said in its Energy Outlook 2013-2035, released earlier this week
Companies must change their strategy in the downturn
14 January 2015
Upstream developments are often troubled by cost inflation and over-runs. SBC’s Eric Janvier* argues that as discoveries become more marginal and oil prices continue to fall, oil and gas companies must take a closer look at project management – and change the way they select and execute project
High interest in offshore but low commitments in UK round
25 November 2014
134 licences were awarded, and a further 94 are subject to environmental assessment
Cluff eyes UK's first deep offshore UCG project
12 November 2014
The company has revealed plans for an offshore underground coal gasification project with 335m tonnes of coal in the licence area
Ireland’s Corrib gas field to flow mid-2015
2 October 2014
The Corrib field is due on stream in mid-2015 and will cover nearly three-quarters of the Irish republic’s gas consumption -but Corrib’s troubled development history has done nothing to encourage other explorers
InterOil transformed by new leadership
1 September 2014
Having beefed up its balance sheet, InterOil is moving ahead under new management with Papua New Guinea's biggest ever drilling campaign to develop its vast frontier acreage as it eyes liquefied natural gas exports to Asian markets
Norway reserves stash hits 10 billion boe
26 August 2014
The resources are spread across 206 discoveries over the region
Cautious explorers still eyeing new Australian opportunities
8 July 2014
High costs and mature areas have not deterred investors from Australia's upstream
China and Vietnam clash over drilling in disputed waters
13 May 2014
Tensions have been renewed after Chinese company Cnooc moved a rig into the South China Sea area, 32 km south of the disputed Paracel Islands
Suriname-Guyana basin yet to realise promise
24 April 2014
The large discoveries seen in similar geology across the Atlantic in West Africa have yet to be repeated off South America’s northeast coast
Tanzania edges along the LNG road after successful test
6 March 2014
A successful production test has raised prospects for Tanzania’s planned liquefied natural gas (LNG) complex, the location of which is due to be announced shortly
Reassurance needed that Arctic drilling is safe
20 February 2014
Persuading the world that drilling in the Arctic can be done safely may be as difficult as the operating environment
Free choice for UK’s 28th licensing round
5 February 2014
The UK has opened almost all of the unlicensed offshore blocks in order to attract interest
Tanzania's offshore gas plans slow amid protests
25 October 2013
Tanzania's offshore gas reserves are developing quickly. Plans to use the resource are not. Hopeful LNG exporters will have to be patient
UK safety regime in spotlight after Cullen inquiry report
30 July 2013
A quarter of century after the Piper Alpha disaster, offshore regulations are once again top of the industry’s agenda
Deep-water spending set to double by 2017
14 February 2013
Spending on deep-water oil and gas projects will more than double in the next five years as drilling and field development activity offshore Brazil and Africa ramps up, a new report claims
Deep-water discoveries in Angolan offshore total 101
7 February 2013
Angola’s deep-water areas have yielded 101 substantial oil discoveries, of which 35 have been brought into production through 13 development complexes
UK Energy sector confident as 2012 ends on a high
18 January 2013
UK energy sector confidence is on the rise as increase in both drilling and deal-making bodes well for the new year