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Noble Energy announces first gas from the Leviathan field offshore Israel

January 2, 2020
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  Noble Energy, Inc. announced the commencement of natural gas production from the Leviathan field, the largest natural gas field in the Eastern Mediterranean. David L. Stover, Noble Energy’s Chairman and Chief Executive Officer, stated, “This is a historic day for Noble Energy. The safe and successful execution of the initial phase of Leviathan development has been world-class, continuing

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Special Article: When The Lights Go Out

January 2, 2020
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We are all aware of what comes at us when a rig loses power and also what it takes to get it back up and running but the less frequent it gets these days I think we should pass on our stories, after all stories are what makes us curious and interested. I want to share one in particular when the

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Egypt awards oil and gas exploration concessions in Red Sea

January 1, 2020
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Egypt said that it has awarded oil and gas exploration concessions in the Red Sea to Chevron, Royal Dutch Shell and Mubadala in an international tender. Chevron was awarded the first block, Shell a second block, and a third block was awarded jointly to Shell and Mubadala with a total exploration area of around 10,000 square km (3,860

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Seadrill gets 3 year extensions for AOD II and AOD III

January 1, 2020
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Seadrill Limited has secured a three year contract  for each of the AOD II and AOD III in the Middle East, in direct continuation of their current contracts. Total contract value is expected to be approximately $98 million and $101 million respectively. Source: Seadrill Photo used for illustration purposes only Check out our other current stories! Exxon grabs up 1.7

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Exxon grabs up 1.7 million acres offshore Egypt for exploration

January 1, 2020
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ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,†said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. “We look forward to working with the government and deploying our proven expertise and advanced technology.†The acquisition includes acreage in the 1.2 million North

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Egypt signs 4 oil, gas agreements with investments of $155M

December 26, 2019
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Egypt signed Wednesday four new agreements to search for oil and gas in the regions of Western Sahara, the Gulf of Suez and the Nile Valley, with a minimum investment of $155 million, and signature grants of about $10.5 million, including drilling 30 wells. Minister of Petroleum and Mineral Resources Tarek el-Molla emphasized the importance of signing new

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ExxonMobil discovers more oil off Guyana

December 26, 2019
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ExxonMobil has announced a new discovery off Guyana, adding to previous estimates of 6 billion barrels of recoverable oil equivalent. The Mako-1 well is located southeast of the Liza field which has just started producing oil. The well encountered approximately 50metres of “high-quality oil bearing sandstone reservoir†after being drilled in 1,620 metres of water. Mako-1, six miles from Liza,

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Apache and Total form a J.V. to develop offshore Suriname

December 24, 2019
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Apache Corp and French rival Total have formed a joint venture to develop a project off Suriname, the companies said, in a deal that gives the U.S. oil and gas producer a cash injection. Apache’s Suriname offshore prospect, near the border with South America’s newest oil giant, Guyana, is a long-shot for the U.S. company, with the Total

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KS Drilling awarded an extension for the Java Star

December 24, 2019
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KS Energy Limited refers to the announcements dated 21 December 2018, 22 February 2019 and 16 July 2019 in relation to a contract awarded for the KS Java Star 2 jackup drilling rig (the “Previous Announcementsâ€). Further to the Previous Announcements, the Directors wish to announce that a contract extension has been awarded. The expected value of the

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