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Development News

 

Kato Energy Files Amulet Offshore Project Proposal

Sep 04, 2020

Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier, lies in around 85–90 meters of water within retention lease WA-8-L in the Carnarvon Basin, and contains light crude oil. Kato Energy…

Twinza, PNG Gov't in Talks over Fiscal Terms for Offshore Field Development

Jul 17, 2020

Oil and gas company Twinza has started negotiations with the Papua New Guinea authorities regarding the fiscal terms that will apply to the proposed development of the Pasca A gas-condensate offshore field.The shallow water field in the Gulf of Papua was discovered in 1968 but was never developed…

Santos Reviewing Spending Plans. Freezes Hiring, No Mass Job Cuts Planned

Mar 17, 2020

Santos Ltd, Australia's No. 2 independent gas producer, said on Tuesday it is reviewing all its capital spending plans in light of the collapse in oil prices and would stop all new hiring.Santos had planned to spend $1.45 billion in 2020, including $500 million on major growth activities…

Woodside Selects MODEC for SNE Field

Feb 25, 2019

Australian petroleum exploration and production company Woodside Energy  has awarded MODEC International the front-end engineering design (FEED) contract for the SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility…

UK Opens National Decommissioning Center

Jan 14, 2019

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership…

Spirit Energy Gets Nod for Oda Development

Jan 07, 2019

North Sea explorer Spirit Energy has been given the green light from Norwegian Petroleum Directorate (NPD) to start up its first operated development in Norway.Oda is a subsea development where the wellstream is sent on to the Ula platform for processing and transport…

Gazprom Neft Expands to Siberia

Dec 23, 2018

Russian oil producer Gazprom Neft has secured hydrocarbon exploration, development and production rights to the Leninsky license block in the Gydan Peninsula.The Leninsky license block is located in the Gydan Peninsula in the Taymyrsky district of the Krasnoyarsky Krai…

Current News

TVO Customizes Tethered BOP Technology

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Iran War Exposes Risks of Fossil Fuel Dependence

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