Japanese oil executive sacked after whistleblower reports drunken ‘hug’
The parent company of former North Sea operator JX Nippon disciplined three executives over the incident.
JX Nippon
NEO Energy: Profits and production surge at UK’s fifth-largest producer
Revenues at the North Sea operator surged more than four-fold to $3.6bn.
Total calls time to FEED at low-carbon Papua LNG
“The Marape-Rosso government places high priority on the delivery of Papua LNG project, we have an improved deal for our people, and improved contribution of our national contractors and work force.”
More CCS for Malaysia as Petronas and JX Nippon team up
Petronas Carigali has entered into a heads of agreement with JX Nippon Oil & Gas Exploration Corporation (JX Nippon) to collaborate in developing a joint proposal to monetise the gas potential within the Bujang, Inas, Guling, Sepat and Tujoh (BIGST) fields, located offshore Kerteh, Terengganu, Malaysia.
Equinor gauging appetite for collaboration on Mariner extension project
Equinor is testing the water on collaboration ahead of a potential extension to its flagship Mariner field.
Taqa share of decommissioning Brae Area up $352m after Fujairah default
Taqa’s share of the decommissioning bill for the Greater Brae Area (GBA) has increased by more than $350 million after a licence partner defaulted on its liability.
Petronas and PTTEP exit Myanmar’s Yetagun project
Malaysia’s Petronas and Thailand’s PTT Exploration & Production (PTTEP) have announced they will exit the Yetagun gas project offshore Myanmar as they rationalise their upstream portfolios. Neither company denounced the military-led coup in their exit statements.
Waldorf in talks for $1bn deal for ONE-Dyas oil and gas assets
North Sea focused Waldorf Production has started exclusive talks to buy the assets of Dutch oil and gas company ONE-Dyas BV, according to people familiar with the matter.
Siccar Point and partners say Equinor ‘premature’ with Mariner downgrade
Siccar Point Energy has said that Equinor, its partner and operator of the Mariner project, has been "premature" in making a huge downgrade in reserves estimates for the field.
Exclusive: BP acquires JX Nippon stakes in North Sea Andrew Area
BP has agreed to buy the stakes of JX Nippon in the ageing Andrew Area in the North Sea, confirming its intent to see the asset through decommissioning.
NEO Energy to buy JX Nippon UK assets in £1.2billion deal
NEO Energy is buying JX Nippon E&P UK, the British business of Japan's ENEOS holdings, for £1.2billion in the latest of a string of North Sea acquisitions.
Exclusive: Brae Area partner defaults on decommissioning costs after buying stake for 75pence
A company which bought stakes in the Taqa-operated Brae Area for just 75pence last year has now defaulted on its decommissioning liability.
BP is in talks to buy North Sea oil field stake from JX Nippon
BP (LON: BP) is in talks to buy JX Nippon Exploration and Production’s stake in the North Sea Andrew Area oil and gas fields, according to people with knowledge of the matter, reversing an earlier plan to sell its own holding.
Ithaca agrees $1billion deal for Marubeni North Sea assets: Report
Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.
JX Nippon preparing sale of UK North Sea fields for $1.5billion
JX Nippon Exploration and Production Ltd. is preparing the sale of its oil and gas fields in the UK North Sea, according to people with knowledge of the matter.
Petronas set for deepwater FID offshore Sabah
Petronas Carigali is aiming to take a final investment decision (FID) on its Bestari deep-water oilfield development offshore Sabah in East Malaysia this year.
Malaysia’s Sarawak seeks investors to find new onshore plays
The eastern Malaysian state of Sarawak, home to the country’s LNG export complex, will soon open onshore acreage for bidding, as it hopes to revitalise its onshore oil and gas industry after taking regulatory control from the federal government.
Taqa moves to oust RockRose Energy as operator of North Sea hub
RockRose Energy faces being ousted as operator of a North Sea hub as it is today re-admitted to the Stock Exchange.
JX Nippon starts production at Layang Field
Japanese oil and gas exploration company JX Nippon started production at its Layang Field on 28 May 2017.
Culzean on track for first oil in 2019, contracts still up for grabs
Maersk Oil’s landmark North Sea project is “bang on schedule” with contracts for hook-up and commissioning expected to be awarded “in the next couple of months”.
Maersk’s Culzean field: Everything you need to know
Maersk’s Culzean project has been one of few bright spots in a downturn that has lasted longer than most could have predicted.
Energy editor honoured at Oil and Gas UK awards
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Statoil acquires UKCS stake from JX Nippon
Statoil has today completed its deal for JX Nippon's 45% share and operatorship in the Utgard field.