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Hurricane Energy Spuds Lancaster 205/21a-7 Oil Well in Shetland, Offshore Scotland
July 8, 2016
Hurricane Energy announced that the 205/21a-7 well on the Lancaster field, West of Shetland, was spudded, using the Transocean Spitsbergen drilling rig. The well is located on license P1368 Central in which Hurricane has a 100 percent interest. The 205/21a-7
ARENA Grants $2.4 Million for Development of Australia’s First Biorefinery Test Laboratory
July 6, 2016
Australian Renewable Energy Agency (ARENA) has agreed to grant $2.4m funding to Southern Oil Refining (SOR) to support the development of biocrude and biofuel test laboratory in Queensland. The A$5.3m laboratory will be built at the site of the Northern
Hess Encouraged by Results of Second Well Offshore Guyana; Confirms a World-Class Oil Discovery
July 6, 2016
Hess Corporation has received positive results from the Liza-2 exploration well in the Stabroek block offshore Guyana. The results confirm a world-class oil discovery with estimated recoverable resource for the Liza prospect of between 800 million and 1.4 billion barrels
MOL Makes Gas Discovery in TAL Block, Pakistan
July 6, 2016
MOL made new gas discovery in the MOL operated TAL Block, Pakistan. This marks the company’s 13th discovery in the country and the 9th discovery in the TAL block. The Tolanj West-1 well is located in the Tolanj field within
Essar Projects Secures Koyali-Sanganer Pipeline Replacement Contract from Indian Oil Pipeline
July 6, 2016
Essar Projects has bagged the contract for replacing 141km of pipeline of 18-inch diameter in the Koyali-Viramgam section of Indian Oil’s (IOCL) Koyali-Sanganer pipeline. The contract is valued at more than INR 850 million, exclusive of the cost of pipes,
Carnarvon Petroleum Begins Drilling at Outtrim East-1 Oil Well, Australia
July 6, 2016
Carnarvon Petroleum Limited (“Carnarvon”) is pleased to advise that the operator of the Outtrim East-1 well, Quadrant Energy, has advised that the well commenced drilling on June 18, 2016. The aim of the Outtrim East-1 well is to explore for
BP and Partners to Develop $8 Billion Tangguh Expansion Facility, Indonesia
July 6, 2016
BP and its partners have made final investment decision to move ahead with the development of the Tangguh expansion project (Train 3) in the Papua Barat Province of Indonesia. The expansion project will add 3.8 million tons per annum (mtpa)
BP Set to Develop First Phase of Atoll Gas Field, Offshore Egypt
July 1, 2016
British oil major BP, along with its partner the Egyptian Natural Gas Holding Company (EGAS), has approved investment in the development of the first phase of the Atoll field in the North Damietta offshore concession in the East Nile Delta,
Petroleum Exploration Discovers Gas at Badin South Block, Sindh
July 1, 2016
Petroleum Exploration (Private) Limited (PEL), a private sector Pakistani Company discovered significant quantities of gas and condensate in its Badin IV South Block Concession located in District Badin, Sindh Province. PEL is the operator of the Block. The well Ayesha
Woodside and Mitsui to Develop $1.9 Billion Greater Enfield Oil Project, Offshore Australia
July 1, 2016
Woodside Energy and its joint venture partner Mitsui E&P have made final investment decision to move ahead with the development of the $1.9bn Greater Enfield project located 60km off Exmouth in Western Australia. The project involves development of Laverda Canyon,
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