Total investment in oil and natural gas extraction in Norway was 21% lower in 1H 2016 compared with 1H 2015, a decline of about US$3.5 billion (NOK 20.9 billion). However, investment cuts have affected some segments of the industry more than others…
BP is facing more setbacks for its Great Australian Bight drilling program, following a further request from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for information on the environment plan…
The Petroleum Safety Authority of Norway has granted Lundin Norway consent for exploration drilling in the Barents Sea. Lundin will drill exploration well 7219/12-1 in a prospect named Filicudi. The drilling site is 218km north-west of Hammerfest at 320m water depth…
Supermajor BP has submitted its second environment plan for the Great Australian Bight to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), proposing the drilling of two exploration wells. Great…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) is giving UK supermajor BP until the end of August to resubmit its modified environmental plan for exploration drilling at the Great Australian Bight that the offshore regulator rejected last year…
Grup Servicii Petroliere (GSP) has been awarded an offshore drilling contract in Tunisia by Numhyd. Drilling operations will be carried out with the GSP Jupiter, a cantilever type mobile offshore drilling unit (MODU). The rig is currently under preparation for the contract in Limassol…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) told oil major BP to modify and resubmit its environment plan for exploration drilling in the Great Australian Bight (GAB). NOPSEMA said if BP accepts what it described as 'an opportunity…
Norway’s Petroleum Safety Authority (PSA) has granted Wintershall Norge consent for exploration drilling at the Orion prospect in the North Sea with the Borgland Dolphin semisubmersible. The 35/11-19S well is located in production license 248…
In this illustrated video, Italian giant Eni give an overview of the Offshore Cape Three Points (OCTP) project that is located offshore Ghana. The existing project involves the development of multiple subsea wells tied back to a FPSO…
BP Canada is putting its Nova Scotia exploration drilling activity on the back burner until 2018, as it waits out the economic slump the entire industry has been enduring. Map of BP's Scotian basin exploration drilling project…
London-based explorer SOCO has started drilling the Baobab Marine-1 (BABM-1) well on the Mer Profonde Sud Block, in the Lower Congo Basin, offshore Congo. The BABM-1 well, to be drilled on the RR Prospect, is targeting stacked early Miocene…
Faroe Petroleum’s exploration drilling program for the year will see the UK-based explorer begin drilling at its operated Brasse prospect in the North Sea this summer using the Transocean Arctic rig. Map of Oseberg…
Mexican national oil company Pemex has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at approximately US$20 million and the workscope…
Statoil is the operator for production license 104 and has received consent to drill exploration well 30/89 S on the Oseberg field. Statoil has allocated 54 days for the activity and will be drilling with the Songa Delta, in approximately 99m water depth…
Ophir Energy’s G4/50-11 wildcat exploration well in the South Western Graben of the Gulf of Thailand failed to encounter a commercial discovery and will be plugged and abandoned. The well targeted the Parichat Southwest prospect. The…
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