Petrobras has confirmed the presence of oil and gas accumulations in the ultra deep waters of the Sergipe-Alagoas basin, after completing a lined well formation test in the BM-SEAL-11 concession in Block SEAL-M-426.
Cuadrilla has announced that it has discovered shale gas reserves, estimated to be as large as 200 trillion ft3, in the Bowland Basin in Lancashire, UK. If the estimates prove correct, it will be the largest gas field ever discovered in the UK.
Apache Corporation has agreed to acquire Exxon Mobil Corporation's Mobil North Sea LLC assets, including the Beryl field and related properties, for $1.75 billion.
Trofagas Hidrocarburos, S.L., a wholly owned subsidiary of BNK Petroleum Inc., has been awarded an oil and gas concession totalling approximately 234,000 acres located mainly in the autonomous community of Castile and Leon, Spain.
Husky Energy Inc. has sanctioned the development of the Liwan 3-1 and Liuhua 34-2 fields, the principal fields of the Liwan gas project in the South China Sea.
Bureau Veritas is extending its partnerships in the Russian shipping and offshore sector, focussing on High Arctic offshore projects.
The Caspian Sea is a region with enormous potential for oil and gas exploration and production, but there are significant obstacles to overcome first.
Osum Oil Sands Corp. selects Veolia Water Solutions & Technologies’ produced water treatment for Taiga project at Cold Lake.
The American Petroleum Institute comment on oil and natural gas being the next job and revenue growth area
Rockhopper Exploration has outlined a development plan for its Sea Lion field offshore North Falkland.
“Despite a long-term decline in oil & gas production in the North Sea, its services and support industry has a bright future,” said John Westwood, Chairman of energy business advisors Douglas-Westwood, in Aberdeen this week.
Total has made a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 ft of cumulated net gas pays within high quality sands on the northern flank of a major 270 km2 structure. Reservoirs are expected to extend over the entire northern part of the structure.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.
RBG has secured a two year contract extension worth £30 million to provide Apache with fabric extension and deck crew services.
Gulf Keystone has proved the value of the giant Shaikan filed in Northern Iraq after conducting well appraisal tests at its Shaikan-2 well, drilling is also continuing apace at its Shaikan-4 well.