Singapore’s offshore and marine contractor Seatrium does not know which of its officials or former officials are under investigation by the nation’s Corrupt Practices Investigation Board (CPIB) for alleged corruption in its Brazilian operations dating back years to when it was Sembcorp Marine. The CPIB last week confirmed it had …
Read More »TotalEnergies sells stake in multi-billion dollar LNG project to new partner
Energy giant TotalEnergies has secured a vote of confidence in its multi-billion dollar liquefied natural gas project in Papua New Guinea by selling a small interest to a major Japanese company. JX Nippon Oil & Gas Exploration said it had agreed to acquire a 2.58% interest in Block PRL15, which …
Read More »Critical equipment failure forces shut-in of Bumi Armada FPSO
Bumi Armada has been forced to shut in production from its Armada Kraken floating production, storage and offloading vessel deployed on EnQuest’s Kraken field offshore the UK after the failure of critical equipment. Bumi Armada confirmed that the recent unplanned shut-in of the Kraken FPSO followed the failure of critical …
Read More »BP sets up China LNG joint venture, eyeing gas marketing
UK energy giant BP has set up a joint venture with a key Chinese gas player to expand its liquefied natural gas sales business in China. BP’s JV with Zhejiang Provincial Energy’s (Zheneng) gas outfit Zhejiang Energy Natural Gas will embark on LNG sales by truck, BP said. The joint …
Read More »Equinor moves onto next exploration well following rare duster in prolific area
Equinor has quickly moved on to drill the next exploration prospect in the prolific Troll area offshore Norway following a rare dry well in an area it has made multiple discoveries in the recent past. The dry well was drilled in Block PL 923, which contains the recent Rover Nord …
Read More »Shell upstream director Zoe Yujnovich: ‘We have been in Brazil for 110 years, which is 40 years longer than Petrobras’
European supermajor Shell is marking 110 years in Brazil by reaffirming its commitment to the development of the country’s oil and gas sector, despite the unpleasant surprise of a recent export tax. The company set up shop in Brazil in April 1913 with a six-man operations base in the state …
Read More »Dry hole on Kazakh wildcat pours cold water on Russian giant’s Caspian ambitions
Lukoil has been securing Kazakh acreage in the Caspian Sea by offering full financial carry for exploration, but the outcome has not been good so far
Read More »Chad steps up drive to force UK-listed oil player out of country
African nation’s government removes all Savannah Energy directors from company controlling key part of Chad-Cameroon oil pipeline
Read More »Boost for UK gas production as Shell makes moves on new offshore project
Shell acquired the Victory gas discovery in late 2022
Read More »China’s first offshore CCS project started up by CNOOC Ltd
Project at Enping 15-1 oilfields complex aims to store more than 1.5 million tonnes of CO2
Read More »