Colombian oil and gas company Ecopetrol and Royal Dutch Shell are joining forces to develop the newly discovered offshore Colombian Caribbean gas province. In this connection, Shell, through its subsidiary, Shell EP Offshore Ventures agreed to acquire a stake of 50% in the Fuerte Sur, Purple Angel, and COL-5 blocks. These Colombian Caribbean deep-water blocks […]
RockRose Energy has signed a sales and purchase agreement (SPA) with Speedwell Energy to acquire 100% of its subsidiary Speedwell Energy (1), which owns 100% interest in the Cotton gas field in the UK North Sea. Located in the Southern North Sea, the Cotton field, which was formerly called Carna gas field, is situated 100km […]
GeoPark has pulled off a new gas discovery in Chile – the Jauke Oeste gas field discovery through the drilling of the Jauke Oeste 1 exploration well in the onshore Fell block. The Latin American oil and gas company is the 100% owner of the Fell block where it drilled and completed the exploration well […]
PGNiG Upstream Norway has secured a final administrative consent to increase its presence in the Duva oil and gas field in the North Sea by acquiring an additional 10% interests in the PL636 and PL636B licences. With the closing of the deal, PGNiG Upstream Norway’s interests in both the licences have gone up to 30%. The […]
Martinez oil refinery sale : Equilon Enterprises, which trades as Shell Oil Products US, a subsidiary of Royal Dutch Shell, has formally wrapped up the $1.2 billion sale of the Martinez Refinery in California to PBF Holding Company, a subsidiary of PBF Energy. The sale, which was announced in July 2019, includes the oil refinery and inventory apart […]
Equinor and its partner Royal Dutch Shell have wrapped up a joint acquisition of the 49% stake held by Schlumberger in the onshore Bandurria Sur block in the Argentine province Neuquén. Each partner paid $177.5 million for their 24.5% interest in the Argentine onshore block, which spans nearly 56,000 gross acres in the central area […]
MODEC has bagged a contract to deliver a floating production storage and offloading vessel (FPSO vessel) from Equinor Brasil Energia for the Bacalhau oil field (formerly Carcará oil field) in Brazilian waters. The Japanese offshore floating platform provider has signed a sales and purchase agreement (SPA) in this regard with the Equinor subsidiary. In December […]
Ichthys LNG Project : Halliburton said that it has won seven drilling and completion services contracts for the next phase of field development of the offshore Ichthys gas field operated by INPEX in the Browse Basin in northern Australia. According to the US oilfield services company, the well development campaign is expected to begin in […]
Dutch geo-data specialist Fugro has bagged a geotechnical contract for the Apsara oil field in the Cambodian part of the Gulf of Thailand from Singaporean oil and gas company KrisEnergy. Located in Cambodia Block A and spread over the unproduced geological basin – Khmer Basin, the Apsara oilfield represents the first hydrocarbon development in Cambodia. […]
Offshore drilling contractor Northern Offshore has bagged a contract from Qatar Petroleum for its GustoMSC CJ46 jack-up unit – Energy Embracer. Delivered from the Shanghai Waigaoqiao Shipyard in China in December 2018 to Northern Offshore, the Energy Embracer jack up rig has since been warm stacked, going through maintenance and inspections from the shipyard and […]