Centrica spuds well on Butch
CENTRICA Energy spudded an exploration well on the Butch prospect in the Norwegian North Sea yesterday using the Maersk Guardian drilling rig.
gas field
Another find for Total west of Shetland
French oil and gas company Total has announced "another meaningful" discovery west of Shetland.
BP and Baker Hughes share ICoTA innovation accolade
OIL and gas well-intervention specialist body the Intervention and Coiled Tubing Association (ICoTA) has jointly awarded BP Exploration and Baker Hughes its European Chapter Innovation Award.
Endeavour set to drill on West Rochelle prospect
Endeavour International said yesterday it was preparing to drill the West Rochelle prospect, which straddles blocks 15/26c and 15/26b in the UK North Sea.
Noble Energy signals North Sea exit
Noble Energy has signalled its intention to sell its assets in the North Sea and analysts have valued a deal as potentially worth up to £400million.
First Shtokman semi launched
RUSSIA'S Vyborg Shipyard has launched the first of two semi-submersible rigs destined for deployment in the Shtokman gas development in the Russian sector of the Barents Sea. The yard has two Shtokman semis on order from Gazprom subsidiary Gazflot, signed in 2007. First to be delivered should be the Polyarnoye Zvezda (Polar Star), with sister Severnoye Siyanie (Northern Light) to follow later.
Faroe says Breagh selloff best for its shareholders
Aberdeen-based oil and gas company Faroe Petroleum said yesterday it had agreed to sell its 10% interest in the Breagh gas field in the southern North Sea gas basin.
Dana raising £57m through share issue
Dana Petroleum, said yesterday it planned to raise about £57million through a share placing to help fund its 2009 capital spending programme.
Serica expecting field revenue boost
OIL and gas explorer Serica Energy - which is listed in both London and Toronto - expects its first revenue of £2-£2.7million a month from the Kambuna gas field offshore Indonesia from June.
US comes to town for Durango party
AUS-BASED oil&gas operator took time out to party in Aberdeen to celebrate bringing its first North Sea field onstream.
Exxon China Sea field plan rejected
EXXONMOBIL'S proposed development plan for the South China Sea Natuna D-Alpha gas field in the Indonesian sector has been thrown out.
Bridge marks first North Sea success
BRIDGE Resources, the Denver-based oil and gas operator which focuses wholly on the UK North Sea, held a reception in the Marcliffe Hotel, Aberdeen, last night to mark its success in bringing the southern North Sea gas field Durango into production at the end of November.
Operator announces Stamford gas start-up
VENTURE Production, of Aberdeen, said yesterday that it had brought the Stamford gas field into production.
Epi-V takes a stake in UK onshore hydrocarbons
BOUTIQUE upstream venture capital fund Epi-V is moving into hydrocarbons exploration and production after committing to invest £10million to appraise two existing onshore gas discoveries in northern England.
Targeting deep offshore
LAST year, PetroChina announced its Jidong Nanpu discovery in Bohai Bay, which could be China's biggest oil find in 50 years, at an estimated 7billion barrels.
Shtokman company ready for action
ON FEBRUARY 21, Gazprom, Total and StatoilHydro signed a historic shareholder agreement for the creation of a company to develop phase one of the giant Shtokman gas field in the Russian sector of the Barents Sea.
Tanzanian lucky strike for Aminex
AMINEX has found gas offshore Tanzania in the Nyuni/East Songo-Songo block with its Kiliwani North-1 (KN-1) exploration well. This is an offshore milestone for East Africa as there has been little drilling to date.