Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…
Russian Deputy Prime Minister Alexander Novak said on Monday oil prices could reach $300 a barrel if Russian crude was shunned by the West but he said such a scenario was unlikely, TASS news agency reported.Trading sources have said some buyers…
UAE-based oil and gas company Mubadala Petroleum has announced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.Mubadala Petroleum is the Operator of Block SK 320 containing the Pegaga field, with a 55 percent interest…
British oil major BP has won two offshore exploration blocks in Indonesia, as part of the Indonesian government's second round of the 2021 Oil and Gas Working Area (WK) Bid Round. The blocks in question are Agung l and Agung ll oil and gas exploration blocks…
Gennady Timchenko, a long-time ally of Russian President Vladimir Putin, resigned from the board at gas producer Novatek on Monday after he was targeted by sanctions over Russia's military campaign in Ukraine.Novatek, Russia's largest private natural gas producer…
U.S. oilfield services companies Halliburton and Schlumberger said on Friday they have suspended or halted Russia operations in response to U.S. sanctions over Moscow's invasion of Ukraine.The disclosures followed widespread departures by energy…
Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.Officials in the resource-poor Japan are concerned Russia's invasion of Ukraine and the ensuing surge in oil prices could hit economic growth…
Petronas' subsidiary PC Ketapang II has won the North Ketapang block, located onshore and offshore East Java, Indonesia, during the second round of the Indonesia Petroleum Bid Round 2021.The result was announced by the Ministry of Energy and Mineral Resources…
Australian engineering firm Worley has won awarded a contract with Singapore's Keppel Offshore & Marine for engineering services for the construction of two offshore substation platforms (OSS) for a wind farm project.'We'll provide detailed…
ExxonMobil's Australian subsidiary Esso Australia has made a final investment decision to develop additional gas from the Gippsland Basin Kipper offshore field in Australia's Bass Strait.The company said the move would 'help secure much-needed supply for the Australian domestic market…
Japan's Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, the head of its energy solutions unit said on Thursday.The Japanese government on Dec…
Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, earlier this week inaugurated the Barzan Gas Plant in a special ceremony held today at Ras Laffan Industrial City.The Barzan Gas Plant will produce and process natural gas from the giant North Field offshore Qatar…
Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi-based oil and gas giant ADNOC had suspended oilfield services firm Petrofac…
Singapore-based offshore shipping, shipbuilding, and ship maintenance company Marco Polo Marine has partnered up with green tech ship design company Seatech Solutions International to co-develop two new specialized offshore wind service, operation…
Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia…
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