Nippon Oil Exploration Company News

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Canadian Oil Sands Halts Syncrude Production After Fire, Prices Spike
Monday, August 31, 2015Canadian Oil Sands Ltd halts crude oil production after a fire damaged equipment at its processing facility in northern Alberta.

Tap Updates Zola-1 Drilling in Carnarvon Basin
Wednesday, December 22, 2010Tap Oil Limited provided the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia.

Iraq-Nippon Talks on Nassiriya Oil Field Deadlocked
Monday, March 01, 2010The Iraqi Oil Ministry has suspended talks with a consortium of Japanese companies to develop the giant Nassiriya oil field.

McMoRan Logs Additional Pay at Davy Jones
Wednesday, January 20, 2010McMoRan has logged 65 net feet of additional pay at its Davy Jones ultra-deep well in the Gulf of Mexico.

Natural Gas Find May Spur Interest in Shallow Gulf Waters
Tuesday, January 12, 2010Mostly left for dead years ago by Big Oil, the shallow waters of the Gulf of Mexico are likely to get a second look by companies of all sizes after word Monday of what may be one of the largest discoveries in the area in decades.

McMoRan Makes Ultra-Deep Discovery at Davy Jones
Monday, January 11, 2010McMoRan has made a discovery on its Davy Jones ultra-deep prospect located on South Marsh Island Block 230 in approximately 20 feet of water.

Chevron Inks Deal with Nippon for Gorgon LNG
Thursday, January 07, 2010Chevron has taken another step towards commercializing its equity natural gas in Australia by signing an agreement with Nippon Oil for delivery of 0.3 million metric tons per year of Gorgon LNG for 15 years.

Nippon to Construct Hachinohe LNG Terminal in Japan
Thursday, January 07, 2010Nippon has made a final decision to construct the Hachinohe LNG importing terminal in Japan to comply with the demand growth particularly in industrial sector and to expand its supply areas.

ExxonMobil Charges Ahead with PNG LNG Project
Tuesday, December 08, 2009The PNG LNG co-venturers agreed to proceed with the development of gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities with capacity of 6.6 million tons per year.

Papua New Guinea LNG Project Gets Environmental Nod
Thursday, October 29, 2009The PNG LNG Project reached another milestone yesterday with the approval of the final environment impact statement by the Department of Environment and Conservation.

ASCO Aces Four Logistics Services Contracts with Oil Majors
Thursday, September 10, 2009ASCO was awarded four contracts to provide logistics services to oil and gas operators, Mobil North Sea LLC, Total E&P UK Ltd, Chevron North Sea Limited, and Nippon Exploration and Production UK Ltd.

Iraq Optimistic About 2nd Licensing Round in December
Friday, July 10, 2009Iraq is satisfied with the results of its first licensing round and believes international oil companies aren't discouraged from bidding in the second round scheduled in December.

Japan Hopes for Stakes in Iraq Nassiriya Oil Field
Thursday, July 09, 2009Japan reiterated Thursday its hope to get a stake in Iraq's Nassiriya oil field.

Iraq Asks 1 Co to Revise Nassiriyah Oil Field Bid
Monday, July 06, 2009The Iraqi oil ministry has asked one company, out of three running for the race to win Nassiriyah oil field, to revise its offer before the ministry could award it the multi-billion-dollar deal.

Oil Majors Seen Bidding for Iraq's Prized Oil Fields
Monday, June 29, 2009Several major oil companies are expected to bid Tuesday for eight prized Iraqi oil and gas fields listed in the first such tender in more than three decades.

Iraq Fires Up Production from Nassiriyah Oil Field
Monday, June 22, 2009Iraq started up crude oil production from a giant oil field in southern Iraq for the first time, in a bid to increase the country's crude output.

Nippon, Partners Spud Bowmore Appraisal in UK North Sea
Monday, June 22, 2009Stratic announced that Nippon commenced drilling operations on the 15/24a-J Bowmore appraisal well located in the UK Central North Sea with the Ocean Guardian semisubmersible rig on June 20, 2009.

Clough Curtain JV Tapped for Phase 1 of PNG LNG Project
Thursday, June 04, 2009Clough Curtain JV was selected by Esso Highlands, a subsidiary of ExxonMobil, for the first phase of development associated with the PNG LNG project.

Technip Reels in K2 Field Expansion Contract in GOM
Tuesday, June 02, 2009Technip secured a contract for the K2 field expansion project, operated by Anadarko Petroleum Corporation in the Gulf of Mexico.

First Oil Flows from West Don Field in UK North Sea
Wednesday, April 29, 2009Petrofac has announced the commencement of production from the West Don field in the UK North Sea.

Petrobras May Compete for Iraqi Oil Deal
Thursday, March 26, 2009Petrobras could join a U.S. firm and two European companies in competing for a contract to develop Iraq's Nahr Bin Umar oil field.

Maersk Hits Gas, Condensate at Culzean Prospect in UK North Sea
Thursday, January 29, 2009Maersk has made a promising gas and condensate discovery in the Culzean prospect in the UK Central North Sea.

Merlin Petroleum Snags Stake in AGL's PNG LNG Assets for $800M
Thursday, December 18, 2008AGL has completed the sale of its PNG oil and gas assets for a total consideration of approximately US $800 million with Merlin Petroleum, and affiliate of Nippon Oil.

Fletcher-3 Spudded and Drilling Ahead in Australia's Dampier Sub-Basin
Tuesday, December 09, 2008The Fletcher-3 exploration/appraisal well was spudded on Dec. 6, 2008 and is currently drilling ahead. If successful, the well will be tied-back subsea to the Mutineer-Exeter FPSO.

Iraq Oil Conference Buzzes with Industry Prospects
Friday, December 05, 2008A handful of major, international oil companies braved still-dicey security conditions here to attend the country's first significant petroleum conference, with several executives expressing hope they'd soon be setting up shop here.

Stratic Commences Drilling at Cairngorm in the UKCS
Tuesday, December 02, 2008Stratic, as license operator, announced that drilling operations have commenced at the Cairngorm discovery area in UKCS blocks 16/2b and 16/3d.

ExxonMobil: PNG LNG Project Protected from Credit Crunch
Monday, December 01, 2008ExxonMobil, operator of the $11 billion PNG LNG joint venture in Papua New Guinea, said the project, buffered by Exxon's AAA credit rating, is progressing well and on schedule.

Aker Inks Subsea Supply Agreement with Shell Malaysia
Thursday, October 23, 2008Aker Solutions has been awarded a five-year supply agreement from Sarawak Shell Berhad for supply of subsea production systems equipment and services.

SPC, Eni Sell Combined 55% Stake in ItalSing to Nippon
Wednesday, October 22, 2008Singapore Petroleum Company and Eni have sold a combined 55% stake in ItalSing Petroleum Company to Nippon Oil Asia. The two equal joint venture partners will each continue to hold 22.5% in ItalSing after the sale.

Petrofac Spuds First Well at West Don, Don Southwest Fields
Tuesday, August 26, 2008Petrofac announced that its Energy Developments division, as Operator and on behalf of itself and its co-venturers, has commenced offshore construction and drilling operations on the West Don and Don Southwest fields.

Japan's Jogmec to Subsidize Australian Oil, Gas Exploration
Tuesday, August 19, 2008Japan Oil, Gas and Metals National Corp. said Monday it will invest about Y682 million in Australia-East Timor offshore oil and natural gas exploration work over the years through March 2014.

Nippon's Subsidiary Snags MOEX's Shares through Tender Process
Tuesday, July 15, 2008Nippon Oil Corporation has announced that Nippon Oil Exploration Limited, which is wholly owned by Nippon Oil Corporation, acquired all of the shares in MOC Exploration Limited.

Esso JV Signs Gas Agreement, Creates FEED Team for PNG LNG Project
Thursday, May 22, 2008Esso Highlands Limited, an Exxon Mobil Corporation subsidiary, as Operator of the PNG LNG Project, announced that the joint venture participants and the PNG State have formally signed and executed a Gas Agreement.

Roc Oil Moves Forward to Commission Well at Blane Field
Wednesday, April 30, 2008The forward programme is to finalise the connection of the 30/3a-3z well to the Ula Platform and commission the well by the end of May 2008.

Nippon Discovers New Natural Gas Field in GOM
Tuesday, April 22, 2008The Gulf of Mexico has offered up yet another new discovery, this time to Japan-based Nippon Oil Corporation.

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals
Monday, April 14, 2008Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields.

Fitch: Planned Oil Merger in Japan Positive for the Sector
Wednesday, March 19, 2008Fitch Ratings commented that Nippon Oil Corporation's planned merger with Kyushu Oil Company is a positive first step in the long overdue consolidation of the Japanese oil markets.

Nippon Oil Inks Deal On Japan-NZ Emergency Oil Reserves
Wednesday, December 26, 2007Nippon Oil Corp. is the first Japanese company to win a contract under a cooperative emergency oil stock agreement between Japan and New Zealand, The Nikkei reported in its Thursday morning edition.

Nippon Oil & Petronas Carigali Awarded Block SK333 in Sarawak
Friday, December 07, 2007Petronas awarded a PSC to Nippon and Petronas Carigali for onshore Block SK333 in Sarawak.

PTTEP Sells Stake in Nang Nuan Project to Nippon
Thursday, November 29, 2007PTTEP has entered into a farm-out Agreement with Nippon Oil Exploration Limited (NOEX) and changed its participation interest in the Nang Nuan Project (Block B6/27) from 100% to 60%.

Mitsui Acquires Additional Stake in Tangguh LNG Project
Monday, October 01, 2007Mitsui & Co. has deceided to acquire additional shares in two companies owned by Kanematsu Corporation, KG Berau Petroleum, and KG Wiriagar Petroleum, together with INPEX Holdings, Mitsubishi Corp and Nippon Oil.

Positive News for Fletcher-1
Wednesday, August 15, 2007Tap Oil announced today that the total depth for the exploration well Fletcher-1 has been reached and preliminary tests show positive presence of hydrocarbons.

Tap Says Totem-1 Non-Commercial
Monday, August 06, 2007Tap Oil says the Totem-1 exploration well, located in permit WA-191-P offshore Australia, has reached its planned total depth and will be plugged and abandoned.

Totem-1 Spudded in the Carnarvon Basin
Thursday, July 26, 2007Tap Oil reports that the Totem-1 well spud on July 26, 2007. The well is located in exploration permit WA-191-P, approximately 4 kilometers northeast of the Amulet oil discovery.

Fletcher-1 Exploration Well Expected to Spud Soon
Monday, July 23, 2007Tap Oil says prepartions are underway to spud the Fletcher-1 exploration well in permit WA-191-P offshore Australia in the Carnarvon Basin.

Nippon, Partners Secure Songa Saturn for Libya Campaign
Thursday, June 28, 2007The Songa Saturn has secured a contract with a consortium of oil companies led by Nippon Oil Exploration Limited for drilling operations offshore Libya.

Nippon Oil & Mitsubishi Take Stake in K2 Field
Friday, May 18, 2007Nippon Oil and Mitsubishi have jointly acquired a 23.2% working interest (11.6% each) in the K2 Unit located in the deepwater outer continental shelf of the U.S. Gulf of Mexico.

PetroVietnam to Invest $82.5M to Develop Phuong Dong Oil Field
Tuesday, May 15, 2007PetroVietnam has received government approval to invest $82.5 million in the Phuong Dong oil field in South Vietnam, a company official said Tuesday.

Nippon Oil, Mitsubishi to Take Stakes in US Gulf Oil Field
Thursday, May 10, 2007Nippon Oil and Mitsubishi will jointly purchase rights to an oilfield in the Gulf Of Mexico for $1.2 billion, marking one of the largest investments of its kind in North America by Japanese firms, The Nikkei reported in its Friday morning edition.

Tap Oil Takes Interest in Totem Prospect
Thursday, April 05, 2007Tap Oil has entered into an agreement with Nippon Oil Exploration (Dampier) Pty Ltd to acquire a further interest in exploration permit WA-191-P in the Carnarvon Basin.