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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...

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 Statoilโ€™s new floating storage unit

UK-based Wรคrtsilรค Hamworthy has secured a contract to supply a series of pumps to be installed on Statoilโ€™s new floating storage unit (FSU). Under the contract, Wรคrtsilรค 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...

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