China National Offshore Oil Corporation (CNOOC), a Chinese national oil company has started production from the Bozhong 34-9 oilfield in the south of Bohai Sea. Contained in an average water depth of 18.1 meters, the Bozhong 34-9 oilfield is using the existing facilities of Kenli oilfield for its production apart from a central platform and […]
NextDecade has agreed to sell the Rio Bravo Pipeline, the associated 137-mile long pipeline of its Rio Grande LNG export facility in Texas, to Enbridge for a deal worth up to $25 million. The Rio Bravo Pipeline will comprise two 42-inch pipelines and is designed to bring up to 4.5 billion cubic feet per day […]
McDermott International said that it has bagged a contract for providing engineering, procurement, fabrication, and construction services (EPFC services) for six floating roof crude oil storage tanks in Texas from a major oil and gas operator. The crude oil storage tanks will be part of an energy infrastructure project connecting the Permian Basin in West […]
Jura Energy has announced commercial production from the Ayesha, Aminah and Ayesha North leases (Badin IV South leases) in the onshore Badin IV South Block in Pakistan. The Canadian oil and gas company said that it had successfully tested and commissioned the production facilities before declaring commercial production from the Badin IV South Block. According […]
US upstream oil company Kosmos Energy and its partners have inked a sale and purchase agreement (SPA) with BP Gas Marketing pertaining to the Greater Tortue Ahmeyim project located on the maritime border between Mauritania and Senegal. The SPA, which has an initial term of up to 20 years, covers 2.45 million tonnes per annum […]
ConocoPhillips Skandinavia could not find any hydrocarbons through the drilling of wildcat well 25/7-9 S in production licence 917 (PL 917), offshore Norway. The ConocoPhillips subsidiary, which is the operator of production licence 917, drilled the exploratory well nearly 7km northwest of the Balder field in the central North Sea and 200km west of Stavanger. […]
Rio Grande LNG export project : NextDecade Corporation has secured authorization from the US Department of Energy (DOE) for export of liquefied natural gas (LNG) from its Rio Grande LNG facility to non-free trade agreement (non-FTA) nations. Along with a previously issued free trade agreement (FTA) order in August 2016, NextDecade now has the right […]
Norwegian shipping company Knutsen NYK Offshore Tankers (KNOT) has bagged a contract to construct two LNG-fueled shuttle tankers from Italian oil and gas company Eni. To be built by Daewoo Shipbuilding & Marine Engineering in South Korea, the two new 124,000 DWT LNG fueled shuttle tankers are slated to be delivered in mid-2022. Under time-charter […]
Italian oilfield services company Saipem said that it has bagged various engineering, procurement, construction, and installation (EPCI) contracts worth over $500 million in various parts of the world. The first of the EPCI contracts was given by Saudi Aramco in Saudi Arabia as part of the long-term agreement signed by the parties, which will be […]
Frontera Energy and Parex Resources have pulled off an oil and gas discovery in the VIM-1 block in the onshore Lower Magdalena Valley basin in Colombia through the drilling of the La Belleza-1 exploration well. Both the Canadian oil and gas companies hold a 50% stake each in the VIM-1 block. According to Frontera Energy, […]