Norwegian oil company Statoil has marked the 30th anniversary of production from the Gullfaks field off Norway and 2.6 billion barrels of oil since the start of production on December 22, 1986. The main Gullfaks field lies in block 34/10 in the northern part of the Norwegian sector of the North Sea.
Highlands and Islands Enterprise (HIE) and Scottish Enterprise (SE) have launched a new decommissioning action plan aimed to support Scotland’s oil and gas sector. HIE, an organization supporting economic and community development, said on Wednesday that on the UKCS alone, 302 oil and gas installati
The United States Federal Energy Regulatory Commission has granted a permit for the construction of the proposed Golden Pass natural gas liquefaction and export terminal in Sabine Pass, Texas.
Thirteen new ports joined the United Nations Conference on Trade and Development’s (UNCTAD) data project in November 2016, bringing the total to forty-two participating ports from Africa, Asia, Latin America and Europe. Started in 2013, the project covers 23 indicators on financial stability, labor
Norwegian oil and gas giant, Statoil, has marked 30 years of Gullfaks oil field, which started production on December 22, 1986. The Gullfaks was the first field where Statoil was both the developer and the operator. “Gullfaks is a prime example of the best that this industry has achieved in Norway,”
Houston-based Vaalco Energy has reported that the South Tchibala 2-H well, offshore Gabon, is back in production after experiencing issues with the electrical submersible pump system. The South Tchibala 2-H well was brought back on production after using a hydraulic workover unit to replace a failed
President of the International Association of Geophysical Contractors (IAGC) has joined other pro-oil officials who have responded negatively to the oil and gas exporation ban in the Atlantic and Arctic Oceans set by U.S. President Barack Obama. The IAGC, a trade association representing geophysical
The Shipowners’ Club gave its members tips on how to be prepared for potential bunker quality dispute claims which have lately been on the rise. The dispute claims, related to the delivery of allegedly off-specification or contaminated bunkers, have ranged from variation in the parameters of the bun
The Cypriot government has selected Eni, ExxonMobil, and Total for three offshore oil and gas exploration licenses as part of the country’s third licensing round. The country’s third offshore licensing round for offshore exploration in blocks 6, 8, and 10 in the Exclusive Economic Zone of Cyprus was
The Canadian Environmental Assessment Agency earmarked C$364,560 (Approx: US$271,493) fro the participation of First Nations in the environmental assessment of the Aurora LNG project.
The merger between Technip and FMC Technologies is set to be completed in less than a month. The two oilfiled services companies said on Wednesday that the Chancery Division of the High Court of Justice of England and Wales approved the European cross-border merger between Technip and TechnipFMC and
The European Commission on Wednesday opened a call for gas and electricity projects, including LNG terminals, to be submitted as candidates for the third EU projects of common interest (PCI) list.
Mitsui & Co. informed that its United States unit, Mitsui E&P agreed to sell a part of its interest in the Marcellus shale gas project in the state of Pennsylvania, to Alta Resources Development for US$207 million.
InterOil Corporation said that according to the information provided by Total, the operator of the PRL 15 in Papua New Guinea, the Antelope-7 appraisal well has not intersected the Antelope reservoir.
