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Oil & Gas

Statoil, ExxonMobil discover gas in block 2, offshore Tanzania

Statoil and its co-venture partner ExxonMobil has made a gas discovery in block 2, located offshore Tanzania. During the drilling of Tangawizi-1 well, the companies discovered four to six trillion cubic feet (TCF) of...

Subsea 7 wins three offshore contracts worth $300m from Petrobras

UK-based subsea engineering and construction company Subsea 7 has announced three offshore contracts worth more than $300m, from Brazilian multinational energy company Petrobras. The scope of work for Subsea 7 under the two lump...

Lundin Petroleum drills exploration well on Luno II prospect, offshore Norway

Sweden-based independent oil and gas exploration and production company Lundin Petroleum through its wholly-owned subsidiary Lundin Norway, has begun drilling of exploration well 16/4-6S in production license PL359, offshore Norway. The 16/4-6S exploration well...

Wartsila Hamworthy to supply pumping equipments for Statoil’s new floating storage unit

UK-based Wärtsilä Hamworthy has secured a contract to supply a series of pumps to be installed on Statoil’s new floating storage unit (FSU). Under the contract, Wärtsilä Hamworthy will supply equipments for the deep...

Titan Energy receives approval to drill Warradarge-1 well in Australia

Australia-based oil and gas explorer Titan Energy has received the final approval to drill exploration well Warradarge-1, in its 100% owned North Perth Basin onshore license area DR11. The Western Australian Department of Mines...

Bridge Energy to co-develop Asha discovery with Ivar Aasen Field in North Sea

Bridge Energy, an oil and gas exploration and production company, has signed an agreement to co-ordinate and jointly develop the Asha discovery located on production license PL457, along with the proposed Ivar Aasen oil field situated on PL001B...

Enbridge Energy, Enbridge Income Fund complete expansion of crude oil Bakken pipeline

US-based Enbridge Energy Partners and Canadian company Enbridge Income Fund have announced the completion of the Bakken Pipeline Expansion Project. Enbridge Partners and Enbridge Funds together reversed and expanded an existing pipeline, extending from...

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