Oil & gas news
CNOOC set to load first cargo of crude from Liza field
CNOOC has a 25% stake in the Stabroek block as part of a consortium with operator ExxonMobil and Hess Corp.
Bay du Nord project delayed by oil price collapse
Equinor has made no changes to schedules of other projects, including the second phase of its giant Johan Svedrup oilfield development in the North Sea and the Arctic Johan Castberg project.
Gulf of Mexico lease sale generates US$93 million in high bids
A total of 22 companies participated in Lease Sale 254, submitting US$108 587 185 in total bids.
GlobalData: Maka Central discovery needs at least 210 million boe recoverable resources to be economical
The discovery could bring over US$50 million in revenue per year to the Surinamese government, if it sees similar success to Guyana’s Stabroek, according to GlobalData.
Panoro Energy scales back operations in Gabon
The effects of Covid-19 are likely to affect the planned timing of the DTM-7H well and the subsequent firm exploration well, according to the company.
EnQuest to halt production at two North Sea fields
The two affected sites are the Heather and Thistle/Deveron fields.
Dolphin Drilling to carry out North Sea campaign for i3 Energy
i3 Energy will utilise either the Borgland Dolphin or Blackford Dolphin semi-submersible drilling rig for a minimum 82-day programme.
Lankhorst Offshore to provide mooring lines for Liza Unity FPSO
The company is to manufacture 20 Cabral 512 deepwater mooring lines for the FPSO, which is working in ExxonMobil’s Liza oilfield offshore Guyana.
SOCAR and Equinor confirm oil discovery offshore Azerbaijan
The discovery was made in the Karabagh oilfield 120 km offshore.
OGUK warns of "fragile outlook" for the UK's offshore sector
The fall in oil and gas prices and the impact of the coronavirus has led to the industry body to call for government support.