Kongsberg Oil & Gas Technologies, a wholly owned subsidiary of Kongsberg Gruppen, has signed a four-year, multi-million dollar drilling data contract with Vienna-based OMV Group for all of its global drilling activities. The contract…
AP Moller-Maersk subsidiary Maersk Olie og Gas (Maersk Oil) will take a US$1.7 billion impairment on its Brazilian assets, it announced 9 July. The Danish company specifically cited disappointing appraisals as one of the reasons it has “revised…
The Spanish Point appraisal well in Frontier Exploration Licenses 2/04, 4/08 and 1/14 in offshore Ireland's northern Porcupine Basin will not now be drilled in 2014, according to Dublin-based Providence Resources. However, a 3D seismic survey in the area is due to go ahead this summer…
First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…
KCA Deutag group company RDS has been awarded a US$10 million contract to carry out front-end engineering design (FEED) work on Statoil’s Johan Sverdrup development in the Norwegian North Sea. The FEED work will be undertaken by the RDS team in London…
Concept select to develop the Butch discovery in the Norwegian sector of the North Sea is due to be made by Centrica in early 2015, according to partner Faroe Petroleum. The move follows an unsuccessful well on the Butch South West exploration well 8/10-6S…
The Genel Energy-operated Hagar Qim-1 exploration well in Area 4, offshore Malta, has been plugged and abandoned after finding no hydrocarbons. The well was drilled to the Eocene using the Noble Paul Romano (pictured), which will…
OMV (Norge) has made an oil dioscvery on the 7324/7-2 Hanssen well, in production license 537, in the Barents Sea. The Hanssen discovery was made about 7km northwest of the 7324/8-1 Wisting Central oil discovery and about 315km north of Hammerfest…
Woodside announced that the Toro-1 exploration well in permit WA-430-P has intersected approximately 150m gross gas and 65m net gas within the Mungaroo Formation target. The Toro-1 well was drilled to a total depth of 3724m, referenced from the rig rotary table…
Carnarvon Hibiscus' West Seahorse project in the Gippsland basin, offshore southeastern Australia, has been granted access to Federal Government Major Project Facilitation (MPF) services. Deputy Prime Minister and Minister for Infrastructure…
Exploration drilling started on the Lupus oil prospect in production license 507 in the Norwegian sector of the North Sea yesterday. The well, 31/10-1, is about 35km south of the Oseberg field and is being drilled by the Borgland Dolphin semisubmersible drilling rig (pictured)…
EMAS AMC, announced it has installed its 50th platform for Chevron in the Gulf of Thailand. Under a multi-year contract that began in 2011, EMAS AMC has also successfully laid 376km of subsea pipes utilizing the construction vessel Lewek Champion…
Tullow Oil shares this video on their exploration projects offshore Ghana, including the Tweneboa, Enyenra and Ntomme (TEN) project, which the company says is on track for first oil by mid-2016. Read more on Tullow's TEN development…
Exploration activity on the Norwegian shelf 'remains vigorous', with 13 new discoveries made this year, according to the Norwegian Petroleum Directorate (NPD). As of 24 June, 33 exploration wells (23 wildcat and 10 appraisal wells) have been spudded and 33 terminated…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
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