Australian-listed Sacgasco (ASX:SGC) has agreed an alliance covering extended well testing and early production systems in the Palawan basin offshore Philippines as they aim to pump oil as fast as possible in the current high oil price environment. Significantly, the company and its partners will be hoping to eek oil out of an old field before their contract expires in 2024.
A Mozambique audit has raised concerns about upstream companies misstating recoverable costs, highlighting South Africa’s Sasol in particular.
Somali President Mohamed Abdullahi Farmajo has ratified the country’s Petroleum Law.
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Heeding the lessons from the Piper Alpha disaster is important for everyone in the industry “regardless of country” according to a Norwegian safety chief.
Norway’s offshore safety watchdog has found two issues with the safe plugging of wells in Statoil’s Kvitebjørn field.
Norway’s offshore safety body has issued a firm reminder that Norwegian language should take priority in its offshore industry.
The Norwegian offshore safety authority has given Statoil permission to remove the emergency response vessel at its Snorre A field.
The Norwegian offshore safety watchdog has launched an investigation into the hydrocarbon leak on the Gjoa field.
Statoil has been reprimanded by the Norwegian offshore safety watchdog for failing to inform them about a gas leak.
Investigators have flagged up a number of regulatory breaches that caused a fire to break out on a rig in the Norwegian Sea last year.
Statoil has been given a generally clear bill of health for two mobile production facilities based on the Haltenbanken field in the Norwegian North Sea.
A fire broke out on a North Sea platform after crude oil pumped against a closed valve for nearly an hour - with the temperature rising from 33 degrees Celsius to 344C.
Energy giant Shell has been given two weeks to report back to the Norwegian safety organisation after a number of defects were found during inspections at the Nyhamna gas plant.
American multinational ExxonMobil has received consent to extend the asset lifetime of the Sigyn field.
The Norwegian safety body has carried out audits in respect of the planned infrastructure at Statoil's Johan Sverdrup development.
Norwegian safety body the PSA has granted Aker BP consent to connect the Oda field to the Ula field.
Statoil has been cleared of any wrongdoing after a PSA probe into the operator's IT security.
Norwegian operator Statoil has been given a February deadline to comply with a number of improvement points following an audit of two onshore facilities.
A number of non-conformities have been discovered on the Statoil-operated Snorre B production facility.
Gassco has been given consent for major modifications at its Karsto facility by the Norwegian Petroleum Safety Authority.
Norway’s offshore oil safety body has given Italian firm Eni permission to drill an exploration well in the Barents Sea.
Statoil has been given consent to use the Huldra facility in a cold phase in the North Sea.
Statoil has been criticised over regulatory violations after an investigation into an oil spill during a tanker loading operation at its Statfjord field.
Eni is said to be planning to drill a new exploration well southwest of the Goliat field in the Barents Sea.