Join OEdigital on Facebook Join OEdigital on LinkedIn Join OEdigital on Twitter
 

OE Daily: 2015 / May

Statoil will make its first moves into Nicaraguan waters after the country awarded the Norwegian explorer four licenses off its Pacific coastline.  The 29 May…
Friday, 29 May 2015 08:22

Petrobras hits at Carcará

Brazilian giant Petrobras encountered light oil pay at the second appraisal well at its Carcará pre-salt discovery offshore Rio de Janeiro, according to partner Queiroz…
Friday, 29 May 2015 07:09

Statoil's Cat D rig deliveries near

Rig owner and operator Songa Offshore is close to taking delivery of the first two of four Cat D rigs it is building to work…
Thursday, 28 May 2015 15:44

Seadrill down, but not out

Seadrill’s 1Q 2015 results showed the company’s revenue at US$1.244 million, down just 1.36% from $1.261 million in 4Q 2014. The West Jupiter. Image from…
The National Transportation Safety Board (NTSB) is naming Shell as being ultimately responsible for the grounding of the Kulluk ice-class mobile offshore drilling unit (MODU)…
Thursday, 28 May 2015 09:54

Det norske gets Ivar Aasen go ahead

Det norske oljeselskap received a green light for drilling an appraisal well on the Ivar Aasen field, from the Norwegian Petroleum Directorate. Ivar Aasen. From…
Thursday, 28 May 2015 04:07

Premier confirms Isobel Deep oil find

Premier Oil’s “high-impact, play-opening” Isobel Deep North Falkland Basin well has made an oil discovery, the operator confirmed this morning, in higher than expected reservoir…
Wednesday, 27 May 2015 16:00

Woodside exits Tanzania PSA

Australia’s Woodside Petroleum will exit the Lake Tanganyika South block it farmed into last July, according to partner Beach Energy. Beach Energy made the announcement…
Wednesday, 27 May 2015 15:09

Tullow spuds Zumba

Tullow Oil began exploration drilling at the Zumba prospect in the Norwegian Sea, according to partner North Energy. The Leiv Eiriksson. From Ocean Rig. Zumba…
Wednesday, 27 May 2015 03:31

Aibel inks Oseberg FEED

Aibel has been chosen to conduct a front-end engineering and design (FEED) study for Statoil's Oseberg Future Development Brownfield Topside project. The Oseberg Future Development…
Tuesday, 26 May 2015 21:20

Pemex restructures E&P subsidiary

Pemex’s board of directors approved a restructuring plan for its subsidiary Pemex Exploration and Production (PEP) on 22 May, the Mexican national oil company announced.…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round…
In a potential stroke of good news for Noble Energy, the Director General of the Israeli Antitrust Authority, David Glio, announced his resignation on 25…
Tuesday, 26 May 2015 07:52

BW Offshore to recoup losses from fire

Floating production unit operator BW Offshore has taken a hit in revenues and profits following a fatal fire on one of its vessel offshore Brazil. …
Friday, 22 May 2015 10:28

Odfjell: Weak MODU market 2015-2017

The mobile offshore drilling unit (MODU) market continues to weaken in 2015, reports Odfjell Drilling during its 1Q 2015 investor presentation. The North Sea rig…
India’s petroleum minister Shri Dharmendra Pradhan led a delegation to Mexico and Colombia this week to meet with officials in each country in hopes of…
Thursday, 21 May 2015 11:04

WorleyParsons's US$55 million to XOM

Australia-based WorleyParsons will pay US$55 million to an ExxonMobil (XOM) subsidiary after reaching a settlement on a dispute over a $550 million contract for engineering…
Thursday, 21 May 2015 08:16

Deepwater Horizon settlements reached

Both Halliburton and Transocean have reached settlement agreements with BP over the 2010 Deepwater Horizon incident in the Gulf of Mexico. The Deepwater Horizon incident occured on 20…
Thursday, 21 May 2015 06:30

Inefficiency greatest cost culprit

Inefficiency has been a key culprit in the increase in North Sea operating costs, executives at an exploration and development conference were told in Aberdeen.…
Wednesday, 20 May 2015 12:21

Blaze on Fugro Symphony vessel

Fugro confirmed that a fire broke out on its Fugro Symphony survey vessel as it was docked at the Peterhead Harbour in the UK. Image…
The oil and gas industry needs to focus on cost and competitiveness to thrive in the current low-oil-price environment, says Australian Petroleum Production & Exploration…
Wednesday, 20 May 2015 09:18

Statoil: Gudrun could have been fatal

Statoil launched its own investigation following a condensate leak on the Gudrun platform in February 2015 and found it to be of the highest degree…
Wednesday, 20 May 2015 03:40

Kite-like subsea energy device takes off

Swedish marine energy company Minesto has been awarded a US$14.4 million (€13 million) investment from the European Regional Development Fund (ERDF) through the Welsh government…
Tuesday, 19 May 2015 17:26

Hercules sells rigs, cuts workforce

Houston-headquartered drilling contractor Hercules Offshore sold four jackups that had been previously cold stacked since 2009. Despite the sale, 11 rigs in the company’s fleet…
The US Senate Energy and Natural Resources Committee held a hearing regarding US Senator Bill Cassidy’s legislation S. 1276, the Offshore Energy and Jobs Act…
Norwegian classification and verification outfit DNV GL unveiled an unmanned floating LNG concept, which it thinks could unlock the potential of remote offshore gas fields.…
Tuesday, 19 May 2015 03:20

Oil shows, but another Falklands delay

Premier Oil’s high-impact Falklands Isobel Deep well has hit oil shows in a suspected high pressure formation, partner Rockhopper Exploration said this morning (19 May).…
Monday, 18 May 2015 11:56

Mexico ramps up Gigante seismic work

Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…
Monday, 18 May 2015 11:34

BP gains West Nile Delta stake

BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile…
Monday, 18 May 2015 09:25

Kosmos in further Tortue find

Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block…
Page 1 of 2