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OTC 2015: Indonesia to Decide Mahakam Transit Deal, MEMR O&G Top Post Soon
Tuesday, May 05, 2015 Indonesia expects a transit deal for the Mahakam block off East Kalimantan to be sewn up later this month, a top Ministry of Energy and Mineral Resources official says.

Wintershall To Spend $2B To Develop Norwegian Oil Field
Tuesday, May 05, 2015 BASF subsidiary Wintershall and its partners will spend $2 billion to develop the Maria oil and gas field in the Norwegian Sea, the oil ministry says.

TANAP to Hold Talks with Foreign Companies on Partnerships
Monday, May 04, 2015 Turkey's energy minister says partners in the Trans-Anatolian Natural Gas Pipeline (TANAP) will hold takes with foreign companies for possible partnerships.

Anadarko Reports Wider Quarterly Loss, Output A Record
Monday, May 04, 2015 Anadarko reports a wider-than-expected quarterly loss as a crude price collapse hurt the US independent oil and natural gas company's results.

McDermott Bags Hout Field Platform Project from Al-Khafji Joint Operations
Monday, May 04, 2015 Al-Khafji Joint Operations awards platform project for the Hout field project in the divided zone between Kuwait and Saudi Arabia to McDermott.


Drilling Test Results at Sumatra's Bunian-3 ST2 Well Better-Than-Expected
Monday, May 04, 2015 Cooper Energy reports better-than-expected results from drilling the Bunian-3 ST2 development well in Sukananti SKO in South Sumtara, Indonesia.

Enegi Signs Up Apollo to Marginal Field Consortium
Friday, May 01, 2015 Enegi Oil subsidiary ABTOG signs up Apollo Offshore Engineering as a partner to build technical solutions for developing marginal fields, but Wood Group PSN decides not to join the venture.

Azeri SOCAR Assumes Statoil's Pipeline Project Operating Rights
Friday, May 01, 2015 Statoil hands over its commercial operating rights over the gas-carrying South Caucasus Pipeline project to Azeri state energy firm SOCAR.

Kongsberg Maritime Lands Yinson Genesis FPSO Contract
Thursday, April 30, 2015 Kongsberg Maritime lands $26.6 million engineering services and technology contract for the Yinson Genesis floating production, storage and offloading vessel.

Hit to Indonesia's Oil and Gas Revenue Threatens Deficit, Crude Output
Thursday, April 30, 2015 Indonesia's oil and gas revenues are expected to drop by at least a third this year as a fall in production costs fails to keep pace with plunging oil prices and threatens to limit future output.

Eni Commences Production at Cinguvu Oil Field in Block 15/06 Off Angola
Thursday, April 30, 2015 Eni commences production at the Cinguvu oil field in Block 15/06 offshore Angola.

Citic Finds Promising Results at Lofin-2 Well in Indonesia's Seram PSC
Wednesday, April 29, 2015 Citic finds encouraging results at Lofin-2 appraisal well in Seram (Non-Bula) block in eastern Indonesia.

BP Starts North Sea Quad 204 Field Upgrade Drilling
Wednesday, April 29, 2015 BP begins its drilling campaign on the Loyal field in the UK North Sea as part of its Quad 204 upgrade project.

Pacific Oil & Gas Submits Development Plan for Kisaran PSC in Sumatra
Wednesday, April 29, 2015 Pacific Oil & Gas submits the development plan for onshore Kisaran production sharing contract in Sumatra, Indonesia.

India's Cambay-73 Oil, Gas Field Production Facilities Operationally Ready
Wednesday, April 29, 2015 Oilex completes work on Cambay-73 oil and gas production facilities in Cambay field in Gujarat, India.

Libya's El Feel Oilfield Still Closed Due to Strike
Wednesday, April 29, 2015 Libya's western El Feel oilfield is still closed due to a strike by security guards.

Indonesia's Medco Gets Additional 25 Years to Operate Oman Oil Fields
Wednesday, April 29, 2015 Indonesia's PT Medco Energi Internasional says its unit has signed an amended agreement which allows it to operate the Karim oil fields in Oman for an additional 25 years.

InterOil Commences Flow Testing at PNG's Elk-Antelope Gas Field
Tuesday, April 28, 2015 InterOil commences flow testing at the Elk-Antelope gas field in Papua New Guinea as project partners hope to select a preferred development concept by mid-year.

ASCO Bags Shell's Prelude FLNG Logistics, Supply Base Management Contract
Tuesday, April 28, 2015 ASCO bags Shell's Prelude floating liquefied natural gas logistics and supply base management contract in Australia.

First Oil Flows at CNOOC's Kenli 10-1 Field in China's Bohai Bay
Monday, April 27, 2015 CNOOC commences oil production from the Kenli 10-1 field in China's Bohai Bay.

Oil Flows from Bunian-3ST2 Well in Sumatra's Sukananti SKO During Test
Monday, April 27, 2015 Cooper Energy successfully flows oil during production test at Bunian-3ST2 development well in Sukananti SKO in South Sumatra, Indonesia.

Tribunal Rejects Ivory Coast Request that Ten Project be Suspended
Monday, April 27, 2015 A request by the Ivory Coast that Ghana be orderedto suspend all oil exploration and exploitation in the vicinity of the TEN Project is rejected by the International Tribunal of the Law of the Sea.

Southern Cooper Basin Gas Project a Step Nearer to Commercialization
Monday, April 27, 2015 Strike Energy says the Southern Cooper Basin Gas Project in PEL 96 in South Australia moves nearer to commercialization.

Govt: Statoil Must Move Ahead with Snorre Field Expansion
Monday, April 27, 2015 Statoil must move ahead with the delayed upgrade of the Snorre oil and gas field in the North Sea, Norway's energy minister says.

Sources: Iraq Tells Partners to Lift Basra Heavy Crude from May
Friday, April 24, 2015 Iraq's State Oil Marketing Organisation tells its oil firm partners to start loading Basra heavy crude from May instead of its flagship light grade.

Australian Court Allows Metgasco to Resume Coal Seam Gas Drilling
Friday, April 24, 2015 Australia's Metgasco wins a court ruling that allows it to resume coal-seam gas drilling.

Russia's Sole Offshore Arctic Field To Double Oil Output In 2015
Friday, April 24, 2015 Gazprom Neft plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project.

Cosco Dalian Bags MODEC's $95M FPSO Conversion Contract
Thursday, April 23, 2015 China's Cosco Dalian bags MODEC's $95 million floating production, storage and offloading conversion contract.

Total-led LNG Project in Papua New Guinea Targets 1st Gas in 2021
Wednesday, April 22, 2015 The first shipments from a new liquefied natural gas project in Papua New Guinea operated by Total are expected in 2021.

Iraq's 2015 Oil Output Seen Flat, Next Year A Challenge
Wednesday, April 22, 2015 A boost in Iraq's crude production next year will prove to be even more challenging if oil prices remain low and Baghdad fails to repay companies or approve field development plans.


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