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Irish Government Awards 14 Oil and Gas Exploration Licenses
February 17, 2016
The Irish Government has awarded 14 new licenses for oil and gas exploration off the coast of Ireland, as part of first phase of the 2015 Atlantic Margin Licensing Round. The new licenses have been awarded to companies including oil
BP to Develop Second Phase of $16 Billion Khazzan Gas Field in Oman
February 17, 2016
BP and partner Oman Oil have signed an agreement with the Oman Government to develop the second phase of the $16bn Khazzan natural gas field located in the South of Block 61 in Oman. Under the terms of the deal,
Egdon Resources Spuds First Oil Well at Laughton in Lincolnshire
February 16, 2016
Egdon Resources has started drilling a first exploration well at Laughton in Lincolnshire. There will be no fracking, Egdon said, with the primary target is a conventional structural trap more than 1,500 meters deep identified by 2D seismic data. As
Sound Energy Begins Well Preparations at Tendrara License, Morocco
February 16, 2016
Sound Energy shares nudged higher as it started ground works at its Tendrara licence area in Morocco with all contracts in place for its first well. The contracts include a binding rig contract with Saipem for a National 110 UE
Rockhopper Exploration Awards Contracts for Development of Sea Lion Oil Field
February 16, 2016
Rockhopper Exploration’s flagship project, the Sea Lion oil field development, continues to advance despite the recent slump in crude prices. The company this morning told investors that a front end engineering design (FEED) contract has now been awarded for the
Technip Awarded Two Infield Pipeline Construction Contracts by Statoil, Norway
February 15, 2016
Technip was awarded by Statoil ASA two lump sum contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects. The Johan Sverdrup field is one of the largest oil fields in the North Sea
Ghana National Petroleum and Quantum Power Sign Deal to Build Tema LNG Project, Ghana
February 12, 2016
Ghana National Petroleum (GNPC) has signed heads of terms with Quantum Power, the pan-African energy infrastructure investment platform, for the construction of the liquefied natural gas (LNG) storage, regasification and delivery facilities at Tema, Ghana. The Tema LNG project is
Ireland’s New Licensing May Be a Bright Spot for Oil Explorers
February 12, 2016
Ireland could very soon be revealed as one of the rare places that major oil companies are still willing to explore. This assertion may seem a little improbable, especially as it comes at a time when crude is priced at
Bertin Technologies Awarded Contract for Gas Leak Tracking System for Jazan Refinery, Saudi Arabia
February 10, 2016
Petrofac has awarded a contract to Bertin Technologies, a subsidiary of CNIM group, to supply, install and commission a pioneering gas leak tracking system, Second Sight®, at the Saudi Aramco owned Jazan refinery. This system opens up a new era
Total Begins Gas Production at $3.8 Billion Laggan-Tormore Project, Offshore UK
February 10, 2016
French energy group Total and its joint venture partners have commenced production from the Laggan and Tormore gas and condensate fields located about 125km north-west of the Shetland Islands in the UK. Located in water depth of 600m in the
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