Oil & Gas

Salamander drills Bedug-1 exploration well in Bontang, Indonesia

Salamander said that it has begun drilling of the Bedug-1 exploration well in the Bontang in Indonesia. Salamander holds a 100% operated interest in the Bontang license. The Bedug-1 well will be drilled to a...

Jacka Resources spuds Hammamet West-3 in Bargou Block, offshore Tunisia

Australia-based oil and gas explorer Jacka Resources has spud the Hammamet West-3 (HW-3) exploration well in the Bargou block, located off the coast Tunisia. The HW-3 well is located in the Bargou permit about...

Petrofac consortium wins $3.7bn contract for Upper Zakum oil field in UAE

Petrofac Emirates, UK-based Petrofac's joint venture company with Mubadala Petroleum, has won a contract worth $3.7bn, to develop the Upper Zakum, UZ750 field in Abu Dhabi. The company in consortium with Daewoo Shipbuilding &...

McDermott subsidiary wins $900m offshore projects in Arabian Gulf

US-based engineering, procurement, construction and installation (EPCI) company McDermott International announced that its subsidiary has won two offshore projects together, worth $900m from an unnamed client in Arabian Gulf. Under the first project, McDermott...

GE to set up oil and gas research center in Oklahoma, US

GE has announced its plan to launch an oil and gas global research center in Oklahoma and propel new innovative technologies and introduce new products in the market. The new facility, which will be...

Centrica Energy commences gas production from Rhyl field in Morecambe Bay, UK

Centrica Energy has begun producing gas from its wholly-owned and operated Rhyl gas field located in the Morecambe Bay. The gas field situated 39km off the coast of Barrow, UK, was first discovered in...

Tethys Petroleum reports 66% rise in oil, gas revenue in 2012

Tethys Petroleum has reported a 66% increase in annual oil and gas revenue to $38.11m for the period ended 31 December 2012, as compared to the same period in 2011. The company posted a...

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