Oil and Gas

Isbel Lazaro, March 19, 2024.
The Norwegian Petroleum Directorate has reported that Harbour Energy, in collaboration with its partners Sval and Aker BP, has made a significant gas discovery at well 15/9-25, located in the North Sea. This discovery adds to the results obtained from two previous exploration wells.

Isbel Lazaro, March 18, 2024.
On March 15, it was announced that Dolphin Drilling, an offshore drilling contractor, has been awarded a drilling contract valued at $154 million with Oil India. This is intended for use with the Blackford Dolphin platform.

Isbel Lazaro, March 16, 2024.
China National Offshore Oil Corporation (CNOOC) revealed last week that the South Kaiping field hosts estimated reserves of 745 million barrels of oil equivalent. This large deposit, called Kaiping Nan, is located in the Pearl River delta basin.

Joshua Falcon, March 15, 2024.
The recession in the construction sector, which has hurt the fate of China’s oil, has had a direct impact on the country’s independent refineries, leading them to lower their diesel production levels.

New fiber optic solution enhances safety in oil and gas pipeline monitoring.

Inspenet, March 12, 2024.
On March 7, TC Energy decided to temporarily suspend operations of the Keystone pipeline to review an alert from a landowner in South Dakota about a suspected leak, which, upon investigation, turned out to be unfounded.

Joshua Falcon, March 12, 2024.
Perenco, the renowned oil and gas company, has marked a milestone by bringing its latest gas project on stream at the C06 well. This well, located in the vicinity of the well-known field within the South Ravenspurn sector in the southern North Sea area.

Isbel Lazaro, March 11, 2024.
The government of Trinidad and Tobago announced last Thursday that an oil leak from an overturned barge off the coast of Tobago has been successfully stopped. The vessel was carrying about 35,000 barrels of fuel.

Isbel Lazaro, March 11, 2024.
Challenger Energy, a UK oil sector start-up, has secured the contract to explore Block OFF-3 in Uruguay, marking the acquisition of the last area available for offshore exploration in the country.