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OE Daily: 2015 / December

Thursday, 31 December 2015 03:36

Storm continues, causes North Sea chaos

Oil firm BP has started returning staff to its Valhall complex after evacuating the facility when an adrift barge started drifting towards it as fierce…
Wednesday, 30 December 2015 19:34

1 dead, 2 injured in Troll accident

One person has died and two more were injured after a breaking wave hit the COSL Innovator semisubmersible drilling rig around 5pm local time on 30…
Wednesday, 30 December 2015 10:57

Shell flows at Corrib off Ireland

Shell started first natural gas production from the Corrib field, off the northwest coast of Ireland. Corrib start up. Image from Shell. Corrib is located…
Wednesday, 30 December 2015 09:10

Subsea 7 bags West Nile Delta gig

Subsea 7 inked a contract estimated to be between US$50 million to $150 million with Burullus Gas Co. for the platform extension and tie-in on…
Tuesday, 29 December 2015 10:16

Keppel wins Ghana FPSO conversion

Yinson has awarded Singapore’s Keppel Offshore & Marine conversion work on a floating production, storage and offloading (FPSO) vessel meant for Eni’s Offshore Cape Three…
Monday, 28 December 2015 13:34

Petroceltic sheds stakes, mulls sale

Petroceltic has opted to exit stakes in Greece and Egypt, following an announcement by the company's board that it has initiated a formal strategtic review…
Monday, 28 December 2015 00:06

Shell ends Polar Pioneer contract

Shell has terminated the contract for the Polar Pioneer, a harsh environment semisubmersible drilling rig, announced rig owner Transocean on 28 December. The rig was famously…
Wednesday, 23 December 2015 09:42

Premier: Solan first oil in January

Bad weather has delayed first oil from Premier Oil's Solan project, in the West of Shetland area, until January, the firm announced on 23 December.…
Tuesday, 22 December 2015 11:20

Total fined for 2012 Elgin leak

Total's UK subsidiary (Total E&P UK Ltd) has been fined a record £1.125 million (US$1.67 million) after it admitted failures that led to largest release…
Tuesday, 22 December 2015 10:48

Fugro wins Guyana survey

Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced…
Tuesday, 22 December 2015 10:19

Lundin hits at Rolvsnes

Lundin Petroleum has discovered oil at the Rolvsnes exploration well 16/1-25 S in PL338C, in the central North Sea sector of the Norwegian Continental Shelf…
Monday, 21 December 2015 13:59

Total to drill Solaris wildcat

Total E&P Norge has been approved to drill a wildcat on its Solaris prospect in production licence 618, in the southern North Sea, bordering the…
Friday, 18 December 2015 11:12

Stockholders say yes to CAM-SLB merger

Cameron stockholders voted to approve the merger agreement between the equipment manufacturer and Schlumberger today (December 18) at a special meeting. In late August, oilfield…
Thursday, 17 December 2015 11:00

Video: Heidelberg ahead of schedule

In Anadarko’s interim Q4 update, the company revealed it is making significant progress at its Heidelberg development in the Gulf of Mexico, in addition to…
Thursday, 17 December 2015 09:34

Israel framework paves way for Leviathan

Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion,…
Thursday, 17 December 2015 05:09

UKCS Exploration: "Could do better"

Better success rates from North Sea exploration drilling could be achieved if historical well data was stored and shared better, according to the results of…
Wednesday, 16 December 2015 09:37

Petrobras in further Espírito Santo find

Petrobras hit a new oil discovery in the Espírito Santo Basin offshore Brazil, according to partner Inpex. Map of the BM-ES-23 concession. From Inpex. The…
Wednesday, 16 December 2015 03:18

Songa's latest Cat D delivered

Norway, Cyprus-based drilling contractor Songa Offshore has taken delivery of its third Cat D drilling rig from Daewoo Shipbuilding & Marine Engineering (DSME) in South…
Tuesday, 15 December 2015 14:57

DOJ delays Halliburton, Baker Hughes merger

Halliburton and Baker Hughes’ efforts to complete their US$34.6 billion mega merger hit a new snag with the Antitrust Division of the US Department of Justice (DOJ). Image…
Tuesday, 15 December 2015 12:54

Schlumberger to raise $6 billion for merger

Houston-based Schlumberger will issue five tranches of senior notes worth US$6 billion to help fund its pending $14.8 billion mega merger with Cameron International. Image…
Tuesday, 15 December 2015 08:41

Aker suffers major MMO loss

Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue,…
Monday, 14 December 2015 14:33

Delek: Leviathan on track

The Delek Group and its Leviathan partners are setting the record straight by refuting recent media reports regarding Leviathan’s development field plan. Map of Leviathan.…
Monday, 14 December 2015 09:01

Hilcorp aims for Alaska manmade island

Houston-based Hilcorp filed its plan with the US Bureau of Ocean Energy Management (BOEM) to build a self-contained island for drilling operations in the Beaufort…
Monday, 14 December 2015 03:41

Shell, BG to shed 2800 jobs as merger clears

Shell has cleared the final regulatory approval for its US$70 billion acquisition of BG Group, after receiving "unconditional merger clearance" from the Chinese Ministry of…
Monday, 14 December 2015 03:10

Dolphin files for Bankruptcy

Norway-based geoscience firm Dolphin Geophysical has filed for bankruptcy just days after warning it had struggled to restructure its debt and capital structure. The firm,…
Friday, 11 December 2015 09:07

Marcelo Odebrecht resigns

Marcelo Odebrecht officially announced his resignation and is stepping down from several roles after spending six months in prison for charges of bribery and corruption,…
Friday, 11 December 2015 03:47

Statoil, Repsol ink string of deals

Statoil and Repsol have agreed deals covering acreage in Norway, UK, US and Brazil.   Statoil is to farm down 15% in the Norwegian Gudrun…
Friday, 11 December 2015 03:08

Next phase of Total’s Moho online

Total has brought on stream its ninth project since the start of this year, its Moho Phase 1b project, 75km off Pointe-Noire, Congo. The project,…
Thursday, 10 December 2015 14:52

ConocoPhillips slashes 2016 budget by 55%

ConocoPhillips is vastly reducing its 2016 capital budget by 55% to US$7.7 billion, compared to two years ago, that the Houston-based company says is due…
Thursday, 10 December 2015 11:47

Chevron reduces 2016 spending by 24%

Chevron is planning a 24% reduction in its 2016 capital and exploratory investment program to US$26.6 billion, compared to 2015’s $35 billion. Chevron's Big Foot…
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