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Australia, East Timor sign deal on maritime border, agree to share revenue from Greater Sunrise oil and gas

Australia and East Timor have signed an agreement that draws the first maritime border between the two nations. It is hoped the deal, signed at the United Nations in New York, will end the bitter dispute over oil and gas...

Petronas discovers oil and gas in Gabon

(Malay Mail) PC GAbon Upstream SA (PCGUSA), a subsidiary of Petroliam Nasional Bhd (Petronas), has discovered oil and gas at its Boudji-1 exploration well in Block F14 (Likuale), South Gabon. Petronas said the discovery marked a significant milestone for Petronas...

SBM Offshore in search of wide-ranging services for Guyana operations

As work on the Liza Destiny FPSO moves into high gear in Singapore, SBM offshore is ramping up its preparations for the arrival and operation of the vessel that will bring first oil for the South American country of...

Ramblings from an oil and gas conference and trade show junkie

My recent attendance at GIPEX 2018 prompts my column today and what a conference it was!  But more on that conference later. Oil and Gas Conferences and Trade Shows First, let’s talk about the benefits of oil and gas conferences and...

Encouraging indicators for oil & gas in Jamaica says PCJ

(Jamaica Observer) The Petroleum Corporation of Jamaica (PCJ) says a geological study recently conducted by CGG Robertson of the United Kingdom has revealed further “encouraging” signs for possible petroleum potential on and off-shore Jamaica. “The investigations, which were carried out...

Largest oil and gas lease sale in U.S. history set for March

The U.S. Department of the Interior will offer 77.3 million acres offshore of Texas, Louisiana, Mississippi, Alabama and Florida for oil and gas exploration and development. This will be the largest such lease sale in the country's history. It will...

Oil and gas sector recovery ‘not yet certain’ says OCBC CEO

The risk that banks face within the oil and gas sector is currently "contained" but the outlook for the industry remains far from certain, according to the CEO of Singapore's oldest bank. OCBC's Samuel Tsien said that rising oil and gas prices indicate...

Shell, SBM Offshore win OTC Distinguished Achievement Award for Stones Field

(Oil and Gas Facilities) Shell and SBM Offshore will be presented with the OTC Distinguished Achievement Award in recognition of the successful development of the world’s deepest oil and gas project; the Gulf of Mexico Stones field, using the Turritella FPSO....

Guyanese businessman unveils plan for mega O&G shore-base

Source One Oil & Gas Marine Supplies - a subsidiary of heavy duty machinery company Japarts - has launched an ambitious plan to construct a full service and logistics shore-base facility for oil and gas drilling and exploration activities...

BP begins production from Egypt’s Atoll gas field

BP on Monday announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below...

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GranMorgu session in Rotterdam draws diaspora interest as Suriname eyes Singapore-level development

ROTTERDAM, NETHERLANDS – Suriname is aiming to use its offshore oil resources to drive national development to levels comparable...