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…
Statoil and partner RN Nordic Oil, a Rosneft subsidiary, began exploration drilling on the Pingvin prospect in production license 713 in the Norwegian Barents Sea using the Transocean Spitsbergen semisubmersible drilling rig (pictured) in 422m water depth…
The Bright exploration well in the deepwater Gulf of Mexico reached the targeted Upper and Middle Miocene objectives, but did not encounter hydrocarbons and has been plugged and abandoned, says Noble Energy Inc. The well, located on the Atwater Valley 362 was drilled to a total depth of 13…
Tunisian Authorities approved Australia’s ADX Energy Ltd.’s two-year extension of the exploration period for the Kerkouane permit offshore Tunisia. The exploration period is now set to end on 21 February 2016. The ADX operated contiguous Sicily Channel blocks…
Venari Resources LLC announced that it has raised an additional US$1.3 billion of equity commitments, bringing the total raised to $2.4 billion. Map of Shenandoah and Coronado prospects. Image from Anadarko…
Australian company AWE Ltd. and ROC Oil Company signed a farm-in agreement for AWE to acquire 40% working interest in Block 09/05, Bohai basin, offshore China. Map of Block 09/05. Image from ROC Under the terms of the farm-in agreement…
Houston based drilling and floating production firm Northern Offshore is still considering options for its sole floating production platform (FPF), including divestment, as operator EnQuest eyes additional tie-ins to the unit. The semisubmersible…
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