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  1. Energean opts for FPSO scheme for Karish, Tanin fields off Israel

    Energean Oil & Gas SA , Athens, has followed its August 2016 commitment to develop deepwater Karish and Tanin natural gas and condensate fields offshore Isreal ( OGJ Online, Aug. 19, 2016 ). It announced a development plan using a floating production, storage, and offloading vessel. Energean will submit a formal field development plan at midyear, which involves the drilling of 3-4 wells to develop Karish field and 2-3 development wells in Tanin field after Karish field production has come off plateau, the company said. This follows the closing of the acquisition of the assets after Israel’s Petroleum Commissioner granted approval ( OGJ Online, Dec. 7, 2016 ). The $148-million deal, plus royalties, is implemented as part of the Israeli government’s gas framework. Karish and Tanin fields—discovered in 2013 and 2011, respectively—have 2C gas resources of 2.4 tcf ( OGJ Online May 23, 2013 ; Feb. 7, 2012 ). The fields, about 40 km apart in Israel’s exclusive economic zone, will supply the Israeli market. Energean intends to start gas production in 2020. Karish and Tanin development is estimated to cost $1.3-1.5 billion over the next few years, the company said. Energean acquired 47.059% from Noble Energy Mediterranean Ltd. and 26.4705% each from Avner Oil Exploration LP and Delek Drilling LP in August 2016, bringing its interest to 100% for both fields.

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

  2. ExxonMobil gets greenlight for Balder field production well

    ExxonMobil Exploration & Production Norway AS has received approval from the Norwegian Petroleum Directorate to start up a subsea facility for production well E-29 AH at Balder oil field on Block 25/11 in the central North Sea.

    Online Articles

    Online Articles

    Mon, 11 Jul 2016

  3. Trinidad and Tobago ‘open’ to LNG expansions with Loran-Manatee field production

    Trinidad and Tobago has said it is open to LNG expansions if the partners of the 10-tcf giant Loran-Manatee natural gas field want to use the field ’s production for export. Loran-Manatee field crosses the maritime border of Trinidad and Tobago and Venezuela.

    Online Articles

    Online Articles

    Mon, 14 Mar 2016

  4. First oil exports leave Kashagan field following production restart

    After years of delays and billions of dollars in cost overruns, the Kashagan project has finally shipped its first export batch of crude oil from its onshore processing plant.

    Online Articles

    Online Articles

    Mon, 17 Oct 2016

  1. Offshore Oil & Gas: Increasing the value of Johan Sverdrup

    Online Articles

    Online Articles

    Mon, 29 Aug 2016

  2. Yolla compression to go online next year

    Hook-up and commissioning continues of compression and condensate pumping modules on the Yolla platform serving the BassGas project offshore southeast Australia.

    Online Articles

    Online Articles

    Tue, 1 Nov 2016

  3. Disconnected Njord platform arrives in Stord

    The Njord A semisubmersible platform arrived at Kværner Stord, western Norway yesterday following a tow from the Njord field location in the Norwegian Sea.

    Online Articles

    Online Articles

    Fri, 26 Aug 2016

  4. Johan Sverdrup partners lower costs, increase production capacity

    Since the plan for development and operation of the Johan Sverdrup field was approved by Norwegian authorities in August 2015, Statoil has cooperated with partners, authorities, and suppliers on improving the project.

    Online Articles

    Online Articles

    Mon, 29 Aug 2016

  5. Oil and gas news: Njord A towed to Kværner Stord

    Oil and gas production on Njord should in fact have ceased a long time ago. The platform will now be reinforced and renovated for production beyond 2030.

    Online Articles

    Online Articles

    Fri, 26 Aug 2016

  6. Njord A platform to undergo renovation, reinforcement work

    The Njord A platform arrived under tow Aug. 25 at Stord, Norway, where Kvaerner Stord AS will renovate and reinforce the structure for production beyond 2030.

    Online Articles

    Online Articles

    Fri, 26 Aug 2016

  7. West Qurna-2 oil field production reaches 450,000 b/d

    PJSC Lukoil said Iraq’s prime minister had visited West Qurna-2 oil field, which is now producing 450,000 b/d.

    Online Articles

    Online Articles

    Thu, 20 Aug 2015

  8. Erin Energy begins Oyo Field production offshore Nigeria

    Houston, TX-based Erin Energy Corp. has commenced production from the Oyo-8 well located in OML 120 offshore Nigeria.  

    Online Articles

    Online Articles

    Mon, 4 May 2015

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