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6 July 2020
Neptune discovers hydrocarbons at Dugong well in Norwegian North Sea
European oil exploration and production company Neptune Energy has announced the discovery of hydrocarbons at the Dugong well, which is located in the Norwegian part of the North Sea.
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6 July 2020
ABB to deliver telecommunication services for Yinson’s Anna Nery FPSO
International technology company ABB has signed an agreement with Malaysian firm Yinson to provide electrical, control and telecommunication equipment and services for a new floating production, storage and offloading (FPSO)...
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3 July 2020
Chinese oil refineries run at over 100% capacity amid Covid-19
China's state-owned crude oil refineries (Sinopec, PetroChina, CNOOC, and Sinochem) have increased their crude oil refining rates from an average of 76% in May to 80% of capacity in June,...
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3 July 2020
Premier Oil creditors approve North Sea assets transaction
Premier Oil’s creditors have approved the company’s acquisition of BP’s interests in the producing Andrew Area and Shearwater fields in the UK North Sea under amended terms.
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2 July 2020
SBM Offshore closes financing for FPSO Sepetiba construction
Dutch floating production storage and offloading (FPSO) vessel operator SBM Offshore has closed a $600m bridge loan facility for the financing of the construction of FPSO Sepetiba.
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1 July 2020
TGS and PGS release seismic data results of Torngat survey
Subsurface data company TGS and Norwegian survey services firm Petroleum Geo-Services (PGS) have released final 3D seismic data results from their Torngat survey offshore Labrador, Canada.
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29 June 2020
CNOOC makes new discovery offshore China
Chinese oil and gas company CNOOC has announced that it has made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.
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29 June 2020
Second FPSO starts production at presalt Iara cluster offshore Brazil
Total and consortium partners have announced the commencement of the floating production storage and offloading (FPSO) P-70 on the Iara cluster in the deepwater Santos Basin pre-salt in Brazil.
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26 June 2020
FAR and Petronas sign joint agreements for Gambian offshore asset
FAR subsidiary FAR Gambia has signed new joint operating agreements for the blocks A2 and A5 offshore the Gambia with Petronas subsidiary PC Gambia.
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26 June 2020
Petrobras commences production at Atapu pre-salt field offshore Brazil
Brazilian state-owned operator Petroleo Brasileiro (Petrobras) has started oil and gas production at the Atapu shared deposit in the eastern portion of the country's Santos basin.