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Giant turret module for world’s largest floating facility sets sail for South Korea
The largest piece of the turret for Shell’s Prelude floating liquefied natural gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea.
Deep sea mining licences issued
New areas of the ocean bed have been licensed for exploration by the UN’s International Seabed Authority.Together with the new licenses, a vast 1.2 million square kilometres of seabed...
TOTAL sells stake in Shah Deniz field
TOTAL has sold its 10% stake in the Shah Deniz field and South Caucasus pipeline to the state-owned Turkish Petroleum (TPAO) for $1.5 billion.
BP reports $3.2 billion profits for Q1 2014
Multinational BP has reported a 23% drop in profits to $3.22 billion (£1.92 billion) for the first quarter of 2014.
Myanmar awards 20 offshore exploration tenders
Myanmar has awarded tenders to explore for oil and gas in its 20 offshore blocks to international energy companies including Royal Dutch Shell, ConocoPhillips and Total SA.
Petrobras announces seventh Prorefam round
Petrobras president Maria das Graças Silva Foster and the director of exploration and production José Formigli have announced the start of the seventh round of the fleet renewal plan...
New Petrobras well comes on-stream in Sapinhoá field
Petrobras has announced that well 9-SPS-77 in the pre-salt Sapinhoá Field in the Santos Basin came on-stream on 18 February.
Shell commits to steady investments in North Sea exploration
Royal Dutch Shell has said its UK arm is interested in North Sea investments and has been investing £2 billion annually, either in new developments or in the refurbishment of...
Cairn Energy, ConocoPhillips sign deal for Senegal exploration blocks
UK-based oil and gas explorer Cairn Energy has signed a farm-out agreement with US crude oil producer ConocoPhillips for the Rufisque, Sangomar and Sangomar Deep contiguous blocks...
Dana Petroleum replaces mooring chains on Triton FPSO vessel
UK-based Dana Petroleum, a wholly owned subsidiary of Korea National Oil Corporation, has replaced nine mooring chains on its Triton FPSO vessel.