Oil and gas giant Total has confirmed the start of gas and condensate production from the onshore Termokarstovoye field in Russia. The exploration firm said the field will produce around 233 million cubic feet of gas and 20,000 barrels of condensate per day alongside a combined production capacity of 65,000 barrels of oil equivalent per day.
Rose Petroleum has struck lucky with its State 1-34 well, in the Mancos shale. An analysis of the venture yielded positive findings which ‘correlate strongly or exceed’ the parameters of the large independent resource estimates.
88 Energy has hired a new drilling and management specialist to oversee its operations at Project Icewine in Alaska. Erik Opstad, who most recently worked for Savant Alaska, previously negotiated the acquisition of the Badami field from BP.
More than 80 crew members have been evacuated from an offshore vessel after a fire on board. Fire crews were called to the scene in Peterhead Harbour at around 3am and had the blaze under control within two hours. At the height of the incident 36 firefighters were involved in tackling the inferno on the Fugro Symphony, an offshore supply vessel.
Chariot Oil & Gas has confirmed the termination of the Brazilian partnership with Azimuth. Azimuth had sought to change the terms of the contract in August, however the companies could not reach an agreement.
Professional services firm KPMG will discuss 'doing business' in the Middle East at an event in Aberdeen this week. The seminar, held by tax leaders from the firm's offices in Oman, Saudi Arabia, United Arab Emirates and Kuwait will explore opportunities and challenges to doing business in the region with a special focus on the oil and gas industry.
The north-east subsea community is to hear how processing can increase production and prolong the economic lifetime of a field. At an event organised by Subsea UK, the Aker Solutions seminar in Aberdeeen will address oil recovery solutions, water injection technology and subsea power systems.
Shares in Bahamas Petroleum have risen 30% following an agreement with the government to extend its exploration licence until the second quarter of 2018. The explorer will also now have until April 2017 to begin drilling operations.
The UK Green Investment Bank has confirmed the acquisition of a £236m stake in the 400MW Rampion Offshore Wind Farm. The project has been developed by E.ON, which will continue to own the remaining shares in the joint venture.
Nostra Terra Oil & Gas has acquired a new venture in the south Texas, with a minority interest in the San Miguel prospect. The area spans 35,000 acres and is said to have similar characteristics as the Don Pedro project, where last month the company also gained a 1% stake. The San Miguel project has also already been the subject of extensive regional mapping and it is the subject of ongoing drilling work.
Infrastrata has begun drilling at the Islandmagee-1 salt well in Northern Ireland. Drilling operations at the site are expected to take five weeks and aim to confirm the feasibility of the development of an underground gas storage facility in salt caverns.
Petrofac has confirmed that non-executive director Roxanne Decyk is to step down. Ms Decyk will be replaced by Matthias Bichsel following approval by shareholders at the annual general meeting.
Baron Oil's subsidiary, Gold Oil Peru, has signed a seismic services contract with Houston-based GSS for the Block XXI prospect in northwest Peru. The deal is worth $1.5million and will be subject to environmental approval by Peruvian authorities.
OMV has plugged and abandoned its dry well near the Wisting oil discovery. The purpose of the well was to find petroleum in reservoir rocks from the middle jurassic to late triassic age. It was drilled about 6 kilometres south-east of oil discovery 7324/8-1 'Wisting' in the Barents Sea and 310km north of Hammerfest.
Tag Oil has appointed a new chief operating officer. Frank Jacob joins the firm with 35 years' experience in the oil and gas industry where his responsibilities included operation management, corporate acquisitions, and the development of existing oil and gas production.
Rockefeller Hughes has confirmed the resignation of one of its officers. Gary Lancaster has resigned as General Counsel of the Company for reasons described as "personal".
Galilee Energy has started production testing of the Hoffer B1 well in Lavaca County, Texas. The examinations show that an interval of 200 ft has been identified for potential perforation and testing and another 10 may also undergo review to find the well's full potential.
Elk Petroleum has appointed a new non-executive director. Timothy Hargreaves will take on the role with immediate effect.
Sunbird Energy has appointed a new member to its board. Dorian Wrigley will take on the role of s non-executive director with immediate effect after he was nominated for appointment by the firm's largest shareholder, Salt Mineral Investments.
Lamprell has confirmed the retirement of its non-executive director. Peter Whitbread will step down from his post with immediate effect after 18 years with the firm. Mr Whitbread joined the company in 1992 as an architect before helping to position the organisation into a large offshore contractor.
MEO Australia has advised it has been granted approved a six month suspension and extension to the current permit year five of NT/P68 by the National Offshore Petroleum Titles Administrator (NOPTA). MEO is in process of withdrawing from the Blackwood gas discovery and retaining a 100% interest in the remainder of NT/P68, including the Heron gas discovery, with Eni bearing the costs of managing the division of the permit.
NuEnergy Gas has appointed a new chief financial officer. Jason Chua will take on the role from May 1, 2015.
Learning solutions provider Atlas Knowledge has signed a deal with the Ministry of Oil and Baghdad Oil Training Institute (BOTI) in Iraq. The contract will enable the firm to deliver safety and technical training to the country’s oil and gas workforce as part of a project sanctioned by the Ministry of Oil’s Department of Training and E-learning.
AWE Limited has completed the drilling of one of its wells in offshore Victoria.
Empire Oil and Gas has sold its remaining shares in WA's Carnarvon Basin. The company has sold its subsidiary Rough Range Oil, which holds the Carnarvon Basin tenements, to Kestrel Petroleum for an undisclosed cash sum and a royalty on future production.