The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development鈥
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period鈥
Woodside Energy鈥檚 bid to join the offshore Israel Leviathan gas field consortium has missed an agreed deadline, the firm has said. Australia-based Woodside and the offshore Israel Leviathan project joint venture partners missed a target鈥
Noble Energy, Inc. announced the signing of a non-binding memorandum of understanding (MOU) regarding the sale of interest in the Leviathan licenses, offshore Israel, to Woodside Petroleum. Each of the existing Leviathan partners, Noble Energy鈥
Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources announced to the partners in Rachel/349 and Amit/350 licenses its decision with regards to extending the validity of these licenses until 20 March 2014鈥
Israel first hit the international stage as an oil and gas country in 2003, when Houston-based Noble Energy discovered the Mari-B field. The Tamar and Leviathan fields were discovered 2009-2011. All are located in the Levant basin, which encompasses about 83鈥
Since the turn of the millennium, global pipeline investment has undergone sustained and, in recent years, robust growth as a result of favorable market conditions and industry trends, including: the continued high levels of investment in offshore development鈥
Huisman has secured a contract for the delivery of a 1,500mt @ 32m 鈥渓eg-encircling crane鈥 for Seajacks new offshore wind farm installation vessel, Scylla. The contract for the 1,500mt crane was awarded to Huisman by the South Korean shipyard Samsung Heavy Industries鈥
Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands鈥
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie鈥
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain鈥
Production from the Tamar field offshore Israel started at the weekend, it has been reported.Tamar field (Image: Delek)The gas from the field 80km offshore Haifa was expected to reach Israel鈥檚 port city of Ashdod by yesterday afternoon, Israel's Energy and Water Ministry said鈥
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The 鈥楢rab Spring鈥 revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity鈥
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high鈥
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2鈥
