A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.
Neptune Energy and Sonatrach have announced that first gas has gone in to the Touat project in Algeria as part of project commissioning.
Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery.
These contracts are for onshore drilling in the Middle East, Russia and Africa.
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be 'elephant' finds, according to Rystad Energy.
The operator of the HH-1 Kimmeridge Limestone and Portland Sandstone oil discovery, has announced that Portland oil production has been re-established from the Horse Hill-1 well in which the company has an 11.765% interest.
Following the announcement by Indonesia's upstream regulator SKK Migas on a gas discovery in Indonesia, Wood Mackenzie's research director Andrew Harwood provides commentary.
The company has announced its plan to bring the TLP-103C well at its Tilapia licence in the Republic of the Congo into production.
Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin.
Anglo African Oil & Gas plc, an independent oil and gas developer, has provided details of its plan to bring the TLP-103C well (‘the Well’ or ‘TLP-103C’) at its Tilapia licence in the Republic of the Congo into production.
Siemens becomes the second company, following Marnavi Offshore, to join MFDevCo as it establishes strategic collaborations for the cost-effective development of marginal gas fields.
Texas leads the nation in oil & natural gas production, employment growth.
The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.
The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant.
PD&MS has won a two-year contract extension with Shell UK, extending an existing partnership through to April 2021, and securing in the region of 50 full time jobs.