Statoil has spudded the last well of its three-well drilling campaign on the UK Continental Shelf (UKCS). Transocean Spitsbergen. Image from Statoil. According to partner Jersey Oil & Gas (JOG)…
Faroe Petroleum has agreed to acquire a further 13.9935% interest in the producing Blane field in the UK North Sea from JX Nippon Exploration and Production for US$5.25 million. The field is a subsea tie-back to the Ula platform (Faroe 20%)…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
Statoil has revealed that about 1500 offshore jobs will be supported by its Mariner heavy oil development hook-up and commissioning campaign, starting this summer and running through to first production in 2H 2018. Mariner is one of the…
Norwegian oil major Statoil is preparing to spud the first of a three-well exploration campaign, including the high-impact Verbier prospect, on the UK Continental Shelf. Early this month, the Transocean Spitsbergen semisubmersible drilling rig will spud the first well…
JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…
Investment costs for the Culzean project are now forecasted to be around US$4 billion, a reduction of about $500 million on the estimate at project sanction, said Gretchen Watkins, CEO, Maersk Oil at the Maersk Group Capital Markets Day in Copenhagen…
Norwegian giant Statoil has started drilling at its Mariner field in the UK North Sea using the world’s largest jackup, with a target for first oil set for 2018. Image of the Mariner topsides at DSME…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
Aker Solutions will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field in the North Sea. The 56.4 MMboe Utgard tie-back consists of…
Lady Sponsor Gretchen H. Watkins, COO at Maersk Oil, has named Maersk Drilling’s newest jackup, the Maersk Highlander, at a ceremony at Invergordon, Scotland. Image of Watkins, from Maersk. Maersk…
Siccar Point Energy, a joint venture owned by Blue Water Energy and funds managed by Blackstone Energy Partners, has acquired 8.9% interest in the Greater Mariner Area from JX Nippon E&P UK. The Mariner Field, the centerpiece of the Greater Mariner Area…
Quadrant Energy’s Driftwood-1 commitment well intersected water wet objectives offshore Western Australia. Image of the Tom Prosser, from Noble. Driftwood-1, is in the WA-320-P permit…
Statoil is planning to develop the 56.4 MMboe UK/Norwegian gas condensate Utgard discovery via a subsea development. The US$410 million (NOK 3.5 billion) project will see two wells, one on each side of the median line between the UK and Norwegian North Seas…
Quadrant Energy started drilling the Driftwood-1 well in the WA-320-P permit area in the Carnarvon Basin, offshore Western Australia. The well, being drilled with the Noble Tom Prosser jackup, is in the Barrow sub-basin of the Northern Carnarvon Basin…
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