On the surface, in-well surveillance and monitoring seems like an obvious and beneficial thing to do. Learning about what’s happening in wells can mean operators can make them produce more, change injection or gas-lift, methodologies, unlock shut-in wells…
Offshore drilling company Noble Corp. has announced that Julie J. Robertson will resign as President and Chief Executive Officer of the company at the next annual general meeting. She will take on the newly created role of executive Chairman of the Company's Board of Directors…
In another sign of improving deepwater market conditions, drillship day rates are on-the-rise from Canada to China, judging by a new report by numbers crunchers, Rystad Energy. Although not the only deepwater floaters, drillships are still on order at Asian shipyards…
Energean Oil and Gas has announced successful results from production measurement performed during clean-up of the Karish Main-02 development well, in the Karish Main structure, offshore IsraelThe Mediterranean Sea-focused company working to…
Specialist drilling waste management company, TWMA, has announced the appointment of Halle Aslaksen as its new CEO.Aslaksen joins the Aberdeen-headquartered company from the Norwegian hydropower operator Småkraft, where he served as CEO. He…
Tower Resources Cameroon SA, a wholly-owned subsidiary of Africa-focused Tower Resources Plc, has hinted at good progress on the ongoing discussions with potential farm-in parties into the Thali PSC offshore Cameroon.The progress in the negotiations…
Africa-focused oil company Vaalco Energy has said that its South East Etame 4P appraisal wellbore offshore Gabon in the Etame Marin permit area successfully encountered oil sands in the Gamba formation.The well, drilled from the Vaalco-operated South East Etame North Tchibala (SEENT) platform…
UK-based oil company Premier Oil has chartered a Solstad Offshore vessel to support its Tolmount field operations in the UK sector of the North Sea.The Norwegian offshore vessel operator Solstad said Wednesday that it had won a contract for the platform supply vessel Normand Flipper…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…
Lundin Norway has received regulatory consent from the Norwegian Petroleum Directorate to drill an exploration well in the License 609 in the Barents Sea.Lundin will use the West Bollsta semi-submersible drilling rig for the operation. Lundin operates the block with a 40 percent ownership…
South Korea's Posco International has made a gas discovery at the Mahar well offshore Myanmar.Located in Block A3, the well was drilled using the Maersk Viking drillship in a water depth of 1000 meters.The Korea Herald has reported that the…
Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…
Italian oil company Eni has made an oil discovery in the Sureste Basin offshore Mexico. Eni said that the preliminary estimates showed the discovery might hold between 200 and 300 million barrels of oil in place.Saasken-1 NFW well, which has led to the discovery…
Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters off its western coast on the Mediterranean, the petroleum minister said, the first such deals in that offshore region. The five companies are Royal Dutch Shell…
Jack-up rig operator Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.The drilling rig of the KFELS Super B Bigfoot Class is under construction at KFELS shipyard in Singapore and set for delivery in July 2020…
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