Resources and Energy Minister Gary Gray has announced the grant of 13 new offshore petroleum exploration permits as part of round one of the 2012 Offshore Petroleum Exploration Acreage Release. The award of these permits will see an estimated $180 million in new investment in waters offshore Western Australia and Tasmania over the next three […]
June 17, 2013 | Posted in
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Aberdeen-based Dana Petroleum has laid the keel for a new $400 million oil production vessel which will produce and store up to 40,000 barrels of oil a day from the North Sea by 2015. The keel laying of the floating, storage, production and offloading vessel (FPSO) marks a major milestone for Dana’s Western Isles project. […]
May 28, 2013 | Posted in
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The Australian Government has announced the 2013 Offshore Petroleum Exploration Acreage Release comprising 31 areas across six basins in Commonwealth waters offshore of the Northern Territory, the Territory of Ashmore and Cartier Islands, Western Australia and Victoria. Announcing the Acreage Release at the annual APPEA conference in Brisbane, Resources and Energy Minister Gary Gray said […]
May 27, 2013 | Posted in
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The Asia Pacific region’s leading provider of logistics, Toll Group, opened its landmark S$300 million Toll Offshore Petroleum Services (TOPS) facility in Loyang, Singapore. It follows a five year redevelopment that makes TOPS the leading supply base for companies in the marine, offshore and oil and gas industries in the region. Guest of honour and […]
May 17, 2013 | Posted in
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Today, the Government presented its proposal to open for petroleum activity in the south-eastern Barents Sea. “This is a historic day. Opening the first new region for petroleum activity since 1994 will allow us to explore new, promising areas for oil and gas, provide new opportunities and new impetus in Northern Norway, and boost value […]
April 26, 2013 | Posted in
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Kvaerner has been selected to lead a Norwegian petroleum industry initiative with the objective to review competitiveness, competence and technology development for Norwegian offshore yards (Konkraft working group). Representing Kvaerner, Liv Monica Stubholt will lead the working group over the next six months. Konkraft is a cooperation arena for the main industrial and labour organisations […]
April 18, 2013 | Posted in
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Bahamas Petroleum Company, the oil and gas exploration company with licences in The Commonwealth of The Bahamas, announces its final results for the year ended 31 December 2012. Highlights: • Post period end, mandate to undertake exploration drilling has been granted to establish commercial viability ahead of referendum process on the future of oil development […]
April 15, 2013 | Posted in
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INPEX CORPORATION (INPEX) announces that through its wholly-owned subsidiary INPEX Offshore Timor-Leste, Ltd., it 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 […]
April 15, 2013 | Posted in
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National Agency of Petroleum, Natural Gas and Biofuels (ANP) officially released the 11th round bids which expected to put Brazil back on the map of international bidding rounds. The 11th round bids which should bid over 300 exploration blocks will be taking place a week before Accelerate Oil & Gas 2013 on 14th-15th May. Based […]
March 13, 2013 | Posted in
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The Petroleum Administration of the Republic of Lebanon has announced a seminar event in London on 7th March to promote pre-qualification for the first Lebanese offshore licensing round. Representatives from the Petroleum Administration will give keynote talks on the latest information regarding the first Lebanese offshore licensing round. In addition, guest speakers will also present […]
February 28, 2013 | Posted in
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