Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal, said partner in the project by FAR Ltd. The well is being drilled by Cairn Energy (operator), ConocoPhillips, Far and Petrosen - the Senegalese national oil company…
Carin Energy found oil samples in the FAN-1 exploration well offshore Senegal, according to joint venture partner, FAR Ltd. FAN-1 and SNE-1 in 3D seismic. From Far. FAR says elevated gas…
DNV GL has established a joint industry project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient blowout preventers (BOP) maintenance. The maintenance of BOPs has significant financial…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
OMV New Zealand will plug and abandon its Whio-1 well in the Southern Taranaki basin offshore New Zealand as a dry hole, announced partner Horizon Oil on 26 August 2014. The semisubmersible drilling rig Kan Tan IV drilled the Whio-1 well…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
Rosneft, Seadrill Ltd. and North Atlantic Drilling Ltd. (NADL) entered into a framework agreement. The cooperation would see the Russian producer exchanging assets for shares in the Norwegian drilling company, which specializes in harsh environment operations…
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with Total E&P Norge AS to provide a real time integrity monitoring system, to measure platform displacement during drilling operations. The two-year contract…
Cairn Energy has farmed in to the Statoil-operated Ensis prospect in the Barents Sea, marking a new entry into the Barents region for Cairn. Statoil is drilling a well on Ensis at the moment - well 7125 4-3 - in production license 393…
Cylindrical floating vessel firm Sevan Marine says it has a positive outlook with multiple leads for its technology, including FLNG technology and potential deals for floating production units on Premier Oil’s North Sea Bream field and Shell’s Penguins…
Norwegian Seismic acquisition and processing firm Electromagnetic Geoservices (EMGS) has increased its stake in exploration firm North Energy to nearly 10% as part of a loan deal. The NOK75 million convertible bond loan secured EMGS addtional shares in North Energy…
Shell's Shelburne Basin Venture Exploration Project marks the first time 3D wide azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500m to 3500m, 250km to 350km offshore Nova Scotia…
Badger Explorer ASA (BXPL) signed a co-operation agreement for a long term agreement with China National Petroleum Corp. Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling tool…
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