Oil & gas news

The scope of the agreement covers maintenance, inspection and testing services on five pedestal cranes on the development’s Likouf Floating Production Unit (FPU) and Tension Leg Platform (TLP) over three years.

Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in June 2017 to 375 333 bbls of oil, corresponding to 12 511 bpd.

The Leviathan 5 Well is expected to be completed soon, after reaching the final depth planned and verification of the existence of natural gas in three layers of the Leviathan reservoir (Sands A, B and C).

The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility–Ichthys Venturer–safely sailed away from waters near its construction site in Okpo, South Korea en route to Australia.

Sound Energy has provided an update on the TE-7 extended well test.

MRC Global Norway AS is set to provide high alloy valves, manifolds, fittings, tubing, enclosures, tube clamps and other items for Statoil’s Johan Castberg project.

Independent Oil and Gas plc has announced that it has submitted the Field Development Plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields.

CGG announced today the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km2 in Brazil’s deepwater Santos Basin.

Horizon Oil is pleased to advise that it has increased to about 28% its interest in the total certified resources contained in Papua New Guinea’s Western Foreland fields of 2.0 - 2.5 tcf gas and 60 - 70 million bbls of condensate.

This figure includes the accounting impact produced by the full consolidation of the Quintero LNG plant in Chile, included since January 2017. Taking this into account, net profit has increased by 25.6% on the same period last year.