-Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico, the oil giant announced yesterday in a press release. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in 2007 and is [...]
Alaska Governor Sean Parnell, Texas Governor Rick Perry, Mississippi Governor Phil Bryant, Alabama Governor Robert Bentley, South Carolina Governor Nikki Haley and North Carolina Governor Pat McCrory headlined a panel yesterday, organized by the Consumer Energy Alliance (CEA), at the Offshore Technology Conference in Houston. Representatives from Louisiana and Virginia also participated in the discussion. [...]
May 7, 2013 | Posted in
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BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, announced that Andy Brown has been appointed as Vice President of Business Development. Brown has worked in the offshore oil and gas sector for over 25 years and has wide ranging experience in business development, marketing, commercial documentation, project management, cost control, corporate finances [...]
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, announces the appointment of Steve Hanson as business development manager to further drive the company’s sales growth plans within the subsea marketplace both in the UK and overseas. Hanson joins Hydrasun from Parker’s SnapTite Autoclave division, one [...]
TAQA today announced that the development plan for its Cladhan field (Blocks 210/29a and 210/30a of the northern North Sea) has been approved by the UK government. The initial phase of development will consist of two producer wells and one injection well. Cladhan is expected to produce over 17,000 boe/d initially with first oil expected [...]
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Premier of Western Australia, Colin Barnett, has greeted the news that Woodside is not going ahead with the proposed onshore development of Browse LNG at James Price Point near Broome with great disappointment. “While I acknowledge that this was a commercial decision by Woodside and its joint venture partners, I am bitterly disappointed,” Barnett said. “I [...]
Iona Energy Inc. yesterday that the Department of Energy and Climate Change (“DECC”) in UK has advised the Orlando joint venture partners that it has approved the Orlando Field Development Plan (“FDP”) submitted by the partners. The Orlando Field is owned by Iona (Operator 75%) and Volantis Exploration (25%). Further, DECC has approved Iona’s application [...]
3D Oil Limited has, together with its joint venture partner in VIC/P57, Carnarvon Hibiscus Pty Ltd (Hibiscus),finalised the development concept for the West Seahorse oilfield offshore Australia and that Front End Engineering Design (FEED) has commenced. Following a comprehensive review of a variety of alternatives, the joint venture has selected an offshore solution for the [...]
INPEX has signed a new Production Sharing Contract (PSC) for the JPDA 11-106 contract area (Contract Area) of the Joint Petroleum Development Area (JPDA), which is jointly administered by the Democratic Republic of Timor-Leste and the Commonwealth of Australia, with Eni JPDA 11-106 B.V. The Contract Area is located approximately 240km south of Dili, the capital of Timor-Leste, and [...]
Australia’s Woodside has completed its technical and commercial evaluation of the proposed Browse LNG Development near James Price Point in W. Australia and determined that the development concept does not meet the company’s commercial requirements for a positive final investment decision. A tender evaluation has recently been completed for all upstream and downstream scopes of work which showed [...]
