Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
Keppel FELS Ltd has said it is to start building its CAN DO drillship design, with a 2016 completeion date. No secure contract has been secured for the vessel yet. Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M)…
OGX Petróleo e Gás Participações S.A.’s (OGX) board of directors has nominated Gilberto Carvalho Lima as exploration officer of OGX. Lima joined OGX in 2011. Lima has more than 35 years of experience in the oil industry, having held…
Salamander Energy plugged and abandoned its offshore Ayutthaya exploration well prospect in Block G4/50 in the Gulf of Thailand as a dry hole. Ayutthaya is located less than 1 mi. northeast of the recent Surin oil discovery. The well was spud earlier this month…
Mediterranean Oil & Gas has increased its holdings offshore Malta after acquiring a 40% working interest in the Area 3 Exploration Study Agreement (ESA). The agreement covers blocks Blocks 1, 2 and 3 and is in partnership with Cairn Energy subsidiary Capricorn Malta…
Falkland Oil & Gas (FOGL) will continue its 3D seismic acquisition campaign and target exploration drilling in the second half of 2013. A 1,000sq km survey over a Cretaceous fault block area is underway and a large 3D survey in the Northern Licence Area is planned for 4Q 2013…
Royal Dutch Shell announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but…
Falklands exploration firm Falkland Oil & Gas (FOGL) has said it will be continuing its 3D seismic acquisition campaign and looking for drilling targeting for exploration drilling in the second half of this year. The firm's 3D seismic programme is covering more 10…
Genel Energy is pleased to announce that it has signed a drilling rig contract with Noble Corporation for its African offshore drilling programme. The Noble Paul Romano deepwater, semisubmersible rig will be used to deliver a high impact drilling campaign over a 2 year period…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
Irish media have reported that Exxon Mobil was due to start exploration drilling offshore the country's coast this weekend.Eirik Raude (Image: Ocean Rig)The Irish Examiner said the $140m drilling programme was due to start today (Saturday) with daily rates at an estimated $1million…
Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola.The agreement managed by Stena Drilling is for a three-year fixed term with start-up Q4 2013 / Q1 2014…
Norway-based oilfield services firm Aker Solutions has bought Managed Pressure Operations International (MPO).MPO, registered in Cyprus with operations in Singapore, Dubai, Jakarta and Houston, has developed a next generation of continuous circulation…
Malta Offshore Area 4 (Image: Mediterranean Oil & Gas plc)Mediterranean Oil & Gas Plc. (LON:MOG) is continuing its preparations for the arrival of the Hagar Qim 1 well off Malta in the final quarter of the year.The latest development is…
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