UK independent Arenite Petroleum is seeking investors to help it drill a proof-of-concept horizontal well into UK Permian carbonates, as well as test an underlying Carboniferous strata. The move, which will target two horizons in the Permian carbonates鈥
Woodside has completed the acquisition of half of BHP Billiton鈥檚 Scarborough area assets in the Carnarvon basin, offshore Western Australia. The acquisition was concluded for a purchase price of US$250 million and a contingent payment鈥
For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood鈥檚 Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk鈥
Australian energy giant Woodside will acquire half of BHP Billiton鈥檚 Scarborough gas assets in the Carnarvon Basin, offshore Western Australia. Woodside will pay US$250 million on completion of the transaction and a contingent payment鈥
BP is to acquire a majority stake in two exploration permits containing the potentially massive Ironbark gas prospect on Australia's North West Shelf from Cue Energy Resources. The move will see BP acquire 80% interest in permits WA-409-P and WA-359P in the Carnarvon basin鈥
The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood鈥檚 Ben Wilby. The FPSO Cidade de Saquarema鈥
Infield Systems鈥 Catarina Podevyn takes a look at recent oil price movements and market conditions on the deepwater (500m+) capex spending up to 2019. Olympus platform in deepwater US Gulf of Mexico鈥
Australian oil and gas firm BHP Billiton has backed plans to develop what may be the world鈥檚 largest floating LNG project, saying it is 鈥渇ully aligned鈥 with partner ExxonMobil. But, the project is still facing difficulties, according to a statement from Exxon to news agency Bloomberg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
US explorer Hess remains 'confident' that its billion dollar Australian gas project will proceed. The Equus project, Hess Corp.鈥檚 planned contribution to Australia鈥檚 push for world leadership in liquefied natural gas (LNG) exports, has鈥
With the world economy once again on an upward trajectory, 2014 is likely to see a number of key oil and gas projects rise to the fore. Meanwhile, exploration and production trend towards evermore challenging waters and is anticipated to鈥
As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia鈥
The South China Sea didn鈥檛 get a lot of respect 鈥 until the last few decades anyway. Now the area that rests between China and its fledgling Southeast Asian neighbors has become a geopolitical flash point. Tensions turned into a shooting war in the 1970s and looks like it could again鈥
A small test offshore Norway could spark a new flame of interest in offshore electromagnetic survey (EM) technology. Andrew McBarnet explains.Last year you could sense the despondency affecting the two principal proponents of marine controlled source electromagnetic (CSEM) surveys鈥
