News
December 22, 2022
Trillion’s 49% share of gas sales from South Akcakoca-2 and Akcakoca-3, before royalties for November 2022, was $1,412,073. Based on the first 15 days of December gas production for both wells, gas revenue for December will be about $2.1 million.
News
December 21, 2022
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the area’s promising outlook and development.
News
December 21, 2022
The revised initial exploration period will now expire in January 2024. Three additional periods totaling six years are available after the current period, with further possible extensions thereafter.
News
December 21, 2022
The two companies signed a letter of agreement to extend the Block PM 307 Production Sharing Contract covering the Bertam Field, offshore Peninsular Malaysia from Aug. 15, 2025, to Aug. 14, 2035.
News
December 19, 2022
The partnership will submit a plan for development and operation to the Ministry of Petroleum and Energy before the end of December. They will recommend that the Berling field be developed as a subsea tieback to the Åsgard B platform some 12.43 miles away.
News
December 16, 2022
The new offshore wind farm aims to set a new ecological benchmark for the development and construction of wind farms in the North Sea and to enable offshore wind farms to have a net positive impact on nature in the future.
News
December 13, 2022
The expansion of the energy consumption rate has fostered the discovery and production of offshore oil & gas wells, which could become a prominent driver for market growth.
News
December 13, 2022
The modular, state-of-the-art EM 304 MKI performs accurate, high-resolution seabed mapping in shallow to deep waters at depths of more than 11,000 meters.
News
December 13, 2022
Arena Energy announced its acquisition of seven blocks and twelve platforms in the Gulf of Mexico from GOM Shelf. The acquisition includes net daily production of approximately 2,000 barrels of oil equivalent in fields with historically low decline rates.
News
December 09, 2022
Pulse has completed all on-site construction, solvent storage, commissioning and regulatory approvals, and has begun injecting solvent into its Nisku D Pinnacle Reef.
News
December 09, 2022
VAALCO Energy, Inc. provided an operational update including clean-up information on the North Tchibala 2H-ST well and more on Dec. 9.
News
December 07, 2022
CNOOC Ltd. announces today that Enping 15-1/10-2/15-2/20-4 oilfields joint development project has commenced production.
News
December 06, 2022
Philippine upstream oil and gas company PXP Energy Corp. is in talks with another Chinese firm for potential exploration in the South China Sea, Chairman Manuel Pangilinan said.
News
December 05, 2022
Ocean services provider DeepOcean and Akvaplan-niva have signed an agreement to cooperate regarding the potential utilization of remotely operated vehicles (ROVs) and unmanned glider vehicles (USVs) to perform environmental studies for offshore wind and oil and gas developments.
News
December 02, 2022
TotalEnergies SE has applied for environmental authorization toward developing its gas discoveries offshore South Africa. Development of the block could potentially revive state-owned PetroSA’s 45,000-barrel-a-day Mossel Bay gas-to-liquids plant, which has run out of feedstock.
News
November 30, 2022
Offshore Energies UK, the leading trade body for the UK’s offshore energy industry, has launched a report pinpointing key skills shortages that could put the transition to cleaner energies at risk.
Article
November 2022
Chemical scale inhibitors are an essential component in oilfield management. Selecting the appropriate chemical for the conditions and mode of application is critical to successful treatment. As operators encounter more challenging scaling environments, the need to develop synergistic scale inhibitor blends is more crucial.
Article
November 2022
Digital technologies and a proactive design approach can help reduce containment-loss risks and improve safety in floating production vessels.
News
November 30, 2022
Government and industry gathered on Nov. 30 to discuss energy security, the energy transition to net zero and challenges to maintaining investment in the North Sea during a forum hosted by industry regulator the North Sea Transition Authority (NSTA).
Article
November 2022
Digitalized machine learning and data analytics elevate values of mature fields
News
November 30, 2022
Offshore drilling operator Valaris has confirmed it has renewed, for an additional three years, the service agreement it has in place with Survival Technology solutions provider Survitec championed by a customer-centric approach.
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