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Hess awarded FEED for Semi-submersible on WA-390-P Block Established in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA. Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project. Equus is part of the $6.8 billion Hess’s capital expenditure budget […]

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Shell, Nexus and Osaka to speed up Crux development Shell, Nexus Energy Ltd (Nexus) from Australia, and Osaka Gas Corp. Ltd (Osaka) have decided to merge their previous respective interests in Crux gas field into a newly created joint venture. Crux belongs to the offshore block AC/L9 of non-associated gas and is located by 170 meters deep […]

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$600 million for new Bapetco exploration campaign Badr Petroleum Company (Bapetco) is a joint venture established in Egypt between Shell and the national oil company (NOC) Egypt General Petroleum Company (EGPC). Bapetco’s main activity is to explore and develop oil and gas fields. Through its upstream activities, Bapetco is involved in the Badr el Din, North […]

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Abu Dhabi Mubadala plans 3 FSOs for Gulf of Thailand The Abu Dhabi-based Mubadala Petroleum (Mubadala) is planning further expansion in the Gulf of Thailand after its first success with Jasmine B5/27 offshore block. In July 2012, Mubadala, through its affiliate Pearl Oil, and its partners, Tap Energy Pty and Northern Gulf Petroleum Pte Ltd, […]

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GDF Suez, Centrica and Bayerngas sanction Cygnus development  GDF Suez and its partners Centrica and Bayerngas  awarded the detailed design contract to AMEC for the development of the Cygnus natural gas field in the UK continental shelf in the southern North Sea. Cygnus was discovered in 1988 in the blocks 44/12a and 44/11a. Then several appraisal […]

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