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Oil & Gas

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Illustration; Source: 3D Oil
Oil & Gas

3D Oil identifies potential leads in Gippsland Basin

Australian oil company 3D Oil has identified four potential leads holding a best estimate prospective resource of 370 million barrels of oil equivalent in the Gippsland Basin.

about 5 years ago
Illustration; Source: PEPANZ
Oil & Gas

NZOG, Beach surrender deepwater permit off New Zealand

NZOG and Beach Energy, joint venture owners of the New Zealand exploration permit which holds the Barque gas prospect, have applied to relinquish the deepwater block.

about 5 years ago
The Mongstad facility north of Bergen - Equinor
Oil & Gas

Strike averted and deal reached to avoid field shutdown

Equinor has said that there will be no strike at Mongstad refinery as the employers’ organisation and the workers’ union have managed to make a deal.

about 5 years ago
Illustration; Source: Three60 Energy
Oil & Gas

Three60 Energy picks EPC&C projects director

Energy services group Three60 Energy has announced a strategic addition to its engineering, procurement, construction, and commissioning (EPC&C) service line.

about 5 years ago
View from the Gullfaks A platform - Equinor
Oil & Gas

Equinor spent nearly $18 billion on suppliers in 2020

In 2020, Norwegian oil and gas giant Equinor purchased goods and services worth NOK 150.8 billion (about $17.8 billion) from around 8500 suppliers globally.

about 5 years ago
OGA takes proactive approach and launches probe into licence breach
Oil & Gas

OGA takes proactive approach and launches probe into licence breach

UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.

about 5 years ago
Shell Olympus platform in the Gulf of Mexico
Oil & Gas

Shell picks helicopter operator for Gulf of Mexico

Oil major Shell has selected U.S. offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico. Announcing the contract on Monday, Airbus said it marks the entry into the oil and gas market of the H160 with design features promising new levels of

about 5 years ago
Sequoia 3D survey
Oil & Gas

ConocoPhillips files for Sequoia 3D survey

ConocoPhillips Australia and 3D Oil are proposing to undertake the Sequoia 3D marine seismic survey within exploration permit T/49P in the Otway Basin, west of Tasmania’s King Island. The purpose of the Sequoia 3D survey is to acquire geophysical data to provide a 3D image of the subsurface geology

about 5 years ago
Location of Enterprise field; Source: Beach Energy
Oil & Gas

Beach reveals size of Otway basin discovery off Australia

Australian oil and gas company Beach Energy has announced reserves in the nearshore Enterprise gas field located in the Victorian Otway Basin offshore Australia.

about 5 years ago
Montrose field in the North Sea - Repsol Sinopec
Oil & Gas

Repsol Sinopec, TechnipFMC, Petrofac in pact to boost recovery in North Sea

Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS

about 5 years ago
BOEM rescinds Record of Decision (ROD) for the Gulf of Mexico Oil and Gas Lease Sale 257.
Oil & Gas

U.S. pauses planning for March oil and gas lease sale

Due to Biden’s plans to pursue a clean energy future, the U.S. government has rescinded the Record of Decision for the Gulf of Mexico oil & gas lease sale.

about 5 years ago
Transocean is retiring Leiv Eiriksson rig
Oil & Gas

Transocean adds more work to backlog, retires Leiv Eiriksson rig

Transocean has secured new contracts for its fleet, bringing the total backlog to $7.8 billion, but it has also decided to retire the Leiv Eiriksson.

about 5 years ago
Greatship Rohini offshore vessel - Indian Coast Guard
Oil & Gas

Three dead after fire on offshore vessel in India

An offshore supply vessel with a crew of 18 caught fire on Saturday while off Mumbai, India resulting in deaths of three offshore workers.

about 5 years ago
Illustration; Image by Zoran Tarade (with permission from photographer)
Oil & Gas

Carnarvon farms out Buffalo stake to Advance. New well set for 2H 2021

Australian oil exploration company Carnarvon Petroleum has farmed out up to 50 per cent interest in the Buffalo project offshore Timor-Leste to Advance Energy with drilling of a new well on the field set for later this year.

about 5 years ago
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