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Tap Oil News

 

TAP Taps NDT for Pipeline Survey

Mar 10, 2021

NDT Global has won a contract to complete a baseline inspection survey for Trans Adriatic Pipeline, a company operating the namesake European pipeline carrying gas from the Caspian Sea to the EU.TAP is a European leg of a pipeline transporting gas from the Azeri section of the Caspian Sea…

Romania: BSOG to Start Gas Production from $600M Black Sea Project in November

Feb 24, 2021

Romania-based Black Sea Oil & Gas (BSOG) will begin extracting natural gas from its $600 million offshore Romanian project in November, its chief executive said on Tuesday, but added further progress hinged on scrapping a disputed tax.The additional…

Ithaca Energy Taps Crawford as CFO

Jan 07, 2021

Independent oil and gas company Ithaca Energy on Thursday announced the appointment of David Crawford as chief financial officer, taking over the role from predecessor Graham Forbes who will be leaving Ithaca, effective February1.Crawford is…

Oil Firms Boost Nigeria Security as Protests, Job Cuts Stoke Tension

Nov 18, 2020

Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.Already unemployment…

Trans Adriatic Pipeline Starts Operations

Nov 17, 2020

The Trans Adriatic Pipeline (TAP), a European leg of a pipeline carrying gas from the Azeri section of the Caspian Sea, and crossing Greece, Albania, the Adriatic Sea, and Italy, has started commercial operations. TAP is the European part of the Southern Gas Corridor…

Azerbaijan Pressing Ahead with Gas Pipeline Extension, Despite War

Nov 06, 2020

Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.Elshad Nassirov, vice-president of Azeri national energy company SOCAR…

BP to Start Shipping Gas from Azerbaijan to Europe by Year-end

Oct 14, 2020

Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…

Snam Eyeing Stake in Greek Offshore LNG Terminal

Sep 09, 2020

Greek gas grid DESFA, 66%-owned by a consortium led by Italy's Snam, is interested in buying a stake in an offshore liquefied natural gas (LNG) terminal in northern Greece, people familiar with the matter said on Tuesday.DESFA is considering…

Repsol's Long-term Oil Price Forecast Aligns with Rivals

Jul 24, 2020

Spanish energy major Repsol lowered its oil price assumptions on Thursday, bringing its long-term outlook in line with most European rivals which have booked writedowns and leaving Equinor as a bullish outlier in the sector.Repsol took a writedown of $1…

BRUA Pipeline at Risk Due to Delayed Romanian Black Sea Gas Projects

Jul 22, 2020

Romania's gas grid operator Transgaz will likely finalize work on a European Union-backed pipeline this year, but with no progress on tapping offshore gas reserves it may have little to transport, an energy regulator said on Tuesday.The pipeline to connect Bulgaria…

Trans Adriatic Pipeline: Offshore Construction Completed

Jun 10, 2020

Italian offshore services company Saipem has completed offshore installation works in the Adriatic Sea at the Trans Adriatic Pipeline (TAP) project.TAP will transport natural gas from the giant Shah Deniz II offshore field in the Azerbaijani sector of the Caspian Sea to Europe…

Mubadala, Tap Oil Sanction Three-Well Drilling Program at Manora Field

May 14, 2020

Mubadala Petroleum and its partner Tap Oil have approved the 2020 Manora field development drilling program, with the first well set for spud this week.Tap Oil said Thursday that the three-well drilling campaign at the Gulf of Thailand would…

Sapura OMV Taps Alam Maritim for Subsea Services

May 05, 2020

Malaysia's offshore vessel provider Alam Maritim has won a contract with Sapura OMV Upstream.Alam Maritim said Monday that the contract awarded by the oil and gas company was for the provision of underwater services.The value of the contract is around RM6…

Mubadala Raises Manora Field Stake to 70%

Mar 12, 2020

Mubadala Petroleum has increased its ownership share in the G1/48 block containing the Manora oil field in the Gulf of Thailand.The company has, via its subsidiary MP G1, taken a 10 percent interest in the offshore block from Northern Gulf Petroleum…

Yothaka East-2 Sidetrack Disappoints

Dec 13, 2019

Tap Oil on Friday shared an update on the Yothaka East-2 appraisal well drilled in the G1/48 concession Manora Production License, operated by Mubadala Petroleum, in the Northern Gulf of Thailand.Operations on the sidetrack of the Yothaka East…

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