Petronas Suriname E&P, in tandem with ExxonMobil Exploration and Production Suriname have announced an oil discovery in Block 52 offshore Suriname.
Feature Articles
PGS Announces Contract Award in the Med
PGS has been awarded a 3D exploration contract* in the Mediterranean.
PGS said the Ramform Titan had been scheduled to mobilize for the survey in December and the contract had a total duration of approximately 160 days.
“We are very pleased with this contract award securing work for the Ramform Titan through the winter season. The Mediterranean is a hotspot serving the European gas market and we see potential for more work in this prolific region,” says Rune Olav Pedersen, President & CEO in PGS.
PGS announces contract awards and MultiClient projects as stock exchange releases if the contract has a value of $10 million or more, MultiClient projects with a duration of two months or more, and strategically important contracts.
Russian Crude Exports Far Above Target Level in October says Rystad Energy’s Oil Market Update
In a report likely to cause consternation in Washington and Brussels, Rystad Energy says Russian Crude exports were far above target level in October.
Tamboran Purrs on Fracture Injection Test Results at Shenahdoah South 1H Well
Tamboran Resources has welcomed diagnostic fracture injection test results of the Mid Velkerri B Shale from the Shenahdoah South 1H well in the Betaloo Basin.
France Toasts Huge Hydrogen Haul Discovery
Two scientists in France who went looking for fossil fuels have stumbled upon a huge reservoir estimated to contain between 6 million and 250 metric tons of natural hydrogen.
Offshore Approval Chaos as Wait Times Blow out to 562 Days and Counting
Australia’s oil and gas industry has called for the Commonwealth to urgently fix the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval was exposed.
$500,000 Grant to Investigate Offshore Carbon Geosequestration for Kwinana Heavy Industries
Perth-based carbon geosequestration technology pioneer Sea-Quester Offshore has received an AUD$500,000 grant from the Western Australian Government to investigate emissions reduction options for Kwinana heavy industries.
CGG Opens New UK HPC Hub, Increasing its Global Total HPC Capacity to 500 Petaflops
CGG has opened its new UK HPC (High-Performance Computing) Hub in Southeast England. The initial capacity of the center is 100 petaflops, bringing the company’s global total to an industry-leading 500 petaflops.
New Round of WA Onshore Exploration Areas a ‘Win for New Gas Supply’
The release of new onshore areas to explore for new gas supply is a positive step to delivering energy security to Western Australia following forecasts of growing demand in coming years.
Trouble Down Under: ‘Australia’s Electricity Market is the Most Volatile in the World’
Australia’s power market is now the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations, according to Rystad Energy research.