Oil & gas news

Comet Ridge Limited has provided an update on production operations at the Mira Pilot Scheme in the Mahalo Block in central Queensland.

The Noregian Petroleum Safety Authority has given Statoil Petroleum (Statoil) consent to use the Songa Enabler mobile drilling facility on the Snorre field.

AWE Limited has provided the following update on the company’s 2P Reserves and 2C Contingent Resources as at 1 December 2017, with specific reference to the Waitsia Field, located in Production Licences L1/L2, onshore northern Perth Basin, Western Australia.

The Petroleum Safety Authority Norway (PSA) has given its consent for ConocoPhillips Skandinavia AS (ConocoPhillips) to dispose of the Ekofisk 2/4 H, Ekofisk 2/4 A, Ekofisk 2/4 FTP and Ekofisk 2/4 Q facilities in the North Sea.

Successful production start of the Reggane Nord project in the Algerian Sahara. Up to 280 million ft3/d (gross) planned for 2018.

Total has announced that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 km off the coast of Rio de Janeiro, in the pre-salt area of the Santos Basin in Brazil.

The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja Project (previously known as Pil & Bue). Fenja is located in the Norwegian Sea and will be tied back to the Njord platform.

Merger and acquisition (M&A) activity on the UK Continental Shelf (UKCS) has surpassed US$8 billion this year in a clear sign that confidence is gradually returning to the basin, says Oil & Gas UK’s newly launched Market Insight.

BP has confirmed that production has started from the super-giant Zohr gas field, offshore Egypt. The field is operated by Eni, through its joint venture with The Egyptian General Petroleum Corporation (EGPC), and is the largest natural gas discovery yet to be made in the Mediterranean Sea.

The combined awards are valued at around US$60 million.