DEVELOPMENT DRILLING OF LIZA PHASE 1 OFFSHORE GUYANA COMMENCES
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said. Development...
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DORADO: ONE OF THE LARGEST OIL RESOURCES EVER FOUND ON THE AUSTRALIAN NORTH WEST SHELF
Breaking News
Carnarvon Petroleum has completed its assessment of the hydrocarbon volumes within the Dorado structure in WA-437-P. Carnarvon’s Managing Director and CEO, Adrian Cook said “the 171 million barrels of oil discovered in Dorado is one of the largest oil resources ever found on the North West Shelf. Oil fields of this significant scale are not often found, with the last large field discovery on the North West Shelf being around 30 years ago. It is common for additional resources to be discovered in the surrounding area after a large discovery. In this regard we expect to provide the market with further details on prospects identified by the play concept now proven at Dorado, that we believe have the potential to also contain oil resources.” “The gas and condensate discovered in the Phoenix Project is also is a significant and valuable resource that is in addition to the discovered oil. Dorado discovered 552 billion cubic feet of gas and 16 million barrels of condensate on a 2C basis. When combined with the nearby Roc field, the aggregate resource is around 884 billion cubic feet of gas and 36 million barrels of associated condensate on a gross 2C basis.” Mr Cook said. "These volumetric results reiterate the significance of the Dorado discovery and we look forward to maturing this resource and finding additional neighbouring resources in our future drilling programs.” The Quadrant-Carnarvon Joint Venture confimed the Dorado-1 discovery in July 2018. The well was drilled using the jackup Ensco-107. (Source: Carnarvon)
MHPS COMPLETES UNIT 1 CONSTRUCTION OF JAWA-2
Mitsubishi Hitachi Power Systems (MHPS), has completed unit 1 construction of a natural-gas-fired power generation facility being built in Indonesia on...
Read More+REPSOL SELLS PNG ASSETS TO BALANG
Repsol has agreed to sell its shares in the Repsol entities holding its Papua New Guinea assets to Balang International Pte. Ltd (Balang), subject to customary...
Read More+GEOPARK EXPANDS IN THE NEUQUEN BASIN IN ARGENTINA
GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia,...
Read More+NORWAY APPROVES JOHAN CASTBERG PDO
The plan for development and operation of the Johan Castberg field in the Barents Sea was approved on Monday 11 June by the Ministry of Petroleum and Energy...
Read More+SAPURA ENERGY REPORTS NEW GAS FIND IN BLOCK SK408 OFFSHORE SARAWAK
Sapura Exploration and Production (Sarawak) Inc (Sapura E&P) has made its ninth gas discovery offshore Sarawak following the completion of its 2017...
Read More+ENGIE ACQUIRES LANGA GROUP
Engie, the leading wind and solar energy company in France, has consolidated its position in these two technologies by acquiring the Langa Group. Founded...
Read More+TOTAL AND PARTNERS EXTEND TIN FOUYE TABANKORT LICENSE
Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period...
Read More+SUBSEA 7 SECURES CONTRACT FOR PENGUINS RE-DEVELOPMENT
Subsea 7 announced the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 miles north-east of the Shetland...
Read More+TAISHIN 1 WORLD FIRST EPR STARTED
Taishin 1, a third generation European Pressurised reactor (EPR) in China carried out its first nuclear chain reaction on 6 June, an initial startup which...
Read More+ROWAN RELENTLESS AWARDED NEW CONTRACT
Rowan Companies announced that the Rowan Relentless, one of its R-Class drillships, has been awarded a contract by ExxonMobil to drill a prospect in the...
Read More+SAIPEM TO CONSTRUCT THE NONG FAB LNG TERMINAL IN THAILAND
Saipem, in Joint Venture with CTCI Corporation, has been awarded a new contract to build the Nong Fab LNG terminal in Thailand for an overall value of...
Read More+Important News
- DORADO: ONE OF THE LARGEST OIL RESOURCES EVER FOUND ON THE AUSTRALIAN NORTH WEST SHELF 22nd August 2018
- PACIFIC DRILLING DRILLSHIPS BACK TO WORK AT LOW DAYRATES 20th August 2018
- MAERSK DRILLING TO BECOME A STAND ALONE COMPANY 17th August 2018
- ICHTHYS LNG PROJECT COMMENCES PRODUCTION 31st July 2018
- KAOMBO, LARGEST DEEP OFFSHORE DEVELOPMENT IN ANGOLA ON STREAM 30th July 2018
- WEATHERFORD DROPS LAND DRILLING OPERATIONS IN ALGERIA, KUWAIT AND SAUDI ARABIA 13th July 2018
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