The ministry of petroleum aims to develop 11 gas projects in various concession areas until 2023 with investments estimated at $18bn to compensate the natural decline rates and increase production. [Read more…] about Egypt-Petroleum Ministry aims to develop 11 gas projects with $18bn investments until 2023
Black Sea MGD project gets government approval
Black Sea Oil & Gas (BSOG), announced it has received Romanian government approval from the Romanian Government through the National Agency for Mineral Resources (NAMR) for its plan to develop the offshore Ana and Doina natural gas fields which make up the Midia Gas Development Project (MGD Project), in the Black Sea. [Read more…] about Black Sea MGD project gets government approval
LUKOIL concludes contract for hydrocarbon exploration and development on Zhenis block in Kazakhstan
LUKOIL, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. [Read more…] about LUKOIL concludes contract for hydrocarbon exploration and development on Zhenis block in Kazakhstan
Murphy Oil to team up with Petrobras for Gulf of Mexico oil development
Murphy Oil and Brazil’s Petrobras have signed a joint venture agreement to develop oil assets in the Gulf of Mexico.
[Read more…] about Murphy Oil to team up with Petrobras for Gulf of Mexico oil development
Vuyk’s vision on offshore port development
Denmark finished the construction of the first offshore wind farm, Vindeby in 1991.
[Read more…] about Vuyk’s vision on offshore port development
Oil discovery in the Norwegian Sea more than double the remaining Norne oil reserves
Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017.
[Read more…] about Oil discovery in the Norwegian Sea more than double the remaining Norne oil reserves
Argentina’s offshore bid terms among most attractive in region
Following yesterday’s decree on the opening of Argentina’s offshore bid round, Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the opportunity.
[Read more…] about Argentina’s offshore bid terms among most attractive in region
Plan for Development and Operation for Nova approved
Wintershall Norge AS and its partners have now received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Nova development, about 120 kilometers northwest of Bergen, Norway.
[Read more…] about Plan for Development and Operation for Nova approved
Development of monobased foundation system
The MonoBaseWind has been developed as an efficient foundation system for 40+ m waterdepth and 10+ MW wind turbine.
[Read more…] about Development of monobased foundation system
Serica proposes North Sea Columbus-Shearwater pipeline tie-in
Serica Energy has submitted a development plan for the Columbus gas/condensate field in the UK central North Sea.
[Read more…] about Serica proposes North Sea Columbus-Shearwater pipeline tie-in
