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OE Daily: 2016 / September

Freeport-McMoRan (FCX) plans to merge its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G) with the parent company, after its proposed US$2 billion…
Friday, 30 September 2016 11:05

Nonconformities found at Statfjord spill

Three of Norway’s regulators have found nonconformities from regulations, following their joint investigation of a crude oil spill at Statoil’s Statfjord’s OLS B loading buoy…
Friday, 30 September 2016 03:54

Songa sheds staff as strike bites

A strike by workers in the Norwegian sector has led to a number of rigs in the basin having to halt operations and staff being…
Friday, 30 September 2016 02:54

Lundin proves up Alta resource

Swedish headquartered oil firm Lundin says its Barents Sea Alta discovery contains up to 125-400 MMboe gross contingent resources after completing its latest appraisal well.…
Thursday, 29 September 2016 03:07

Drilling starts on Culzean

Denmark's Maersk Oil has started drilling on the first production well for the Culzean high-pressure, high-temperature (HPHT) development in the UK North Sea. Drilling started…
Wednesday, 28 September 2016 11:55

NOPSEMA asks for further Bight details

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…
Wednesday, 28 September 2016 00:00

Exmar FLNG unit completes testing

Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong,…
Tuesday, 27 September 2016 15:21

BP inks three Egypt amendments

BP and Egypt’s minister of petroleum signed three amendments for concessions offshore Egypt, that will allow for the economic development of its giant Nooros project.…
Tuesday, 27 September 2016 11:21

Updated: 4 dead in Chevron chopper crash

A helicopter carrying six people destined for a Chevron platform offshore Angola has crashed, leaving four people dead and two missing. Image from iStock. Cabinda…
Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the…
Tuesday, 27 September 2016 08:43

Goliat resumes production

Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full…
Friday, 23 September 2016 03:11

Weather delays Transocean Winner move training

A containment boom deployment training exercise ahead of moving a rig which had grounded on the Scottish coast has been postponed for at least two…
Thursday, 22 September 2016 11:45

Maersk divides, reorganizes

Danish giant AP Møller-Mærsk is dividing its company into two, after reviewing strategic and structural options for months that will also see its CEO, Jakob…
Thursday, 22 September 2016 08:08

Baltim boosted to 1 Tcf off Egypt

The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The…
Wednesday, 21 September 2016 09:55

Shell comes up empty at Cheshire

Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first…
Wednesday, 21 September 2016 03:24

Norwegian workers lay down tools

More than 300 oil service employees in Norway have gone on strike this morning after mediation talks yesterday were said to have failed. Industry Energy,…
Tuesday, 20 September 2016 13:05

Petrobras cuts capex by 25%

Petroleo Brasileiro (Petrobras) is once again decreasing its capex by 25%, the company revealed as part of its 2017-2021 business and management plan today (20…
Friday, 16 September 2016 09:06

Maersk in Janice decom

Maersk Oil UK has awarded fellow company Maersk Supply Service to provide decommissioning services for the Janice field in the North Sea. Janice A FPU.…
Friday, 16 September 2016 03:34

25-70 MMboe found near Gjøa

French operator ENGIE E&P has made a 25-70 MMboe discovery in the Cara well in the Norwegian North Sea. The well was drilled using the…
Thursday, 15 September 2016 08:30

Vaalco ESP fails again, shuts-in well off Gabon

Houston’s Vaalco Energy has run into more trouble offshore Gabon, with electrical submersible pumps (ESP) continuing to fail, leaving a well shut-in. Map from Vaalco.…
Thursday, 15 September 2016 03:47

Shell readies to drill off Tanzania

Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy.  The drilling program, due to start…
Wednesday, 14 September 2016 09:38

Pemex reveals six discoveries off Mexico

Mexican national oil company Petróleos Mexicanos (Pemex) has made six oil discoveries offshore Mexico, with one particular find holding 140-160 MMboe of potential reserves. The…
Wednesday, 14 September 2016 07:18

Sea Lion costs down to US$1.5 billion

Development costs to first oil for the Sea Lion project off the Falklands have been reduced to US$1.5 billion with more savings possible, according to…
Tuesday, 13 September 2016 08:29

Statoil sees Castberg spin-off opportunities

Statoil is looking to create “a strong ripple effect” from its largest field yet, the Johan Castberg project, in the Barents Sea that will generate…
Monday, 12 September 2016 15:56

Anadarko boosts GoM acreage in $2 billion deal

Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent…
Monday, 12 September 2016 09:42

Eni reaches new Nooros record

Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image…
Monday, 12 September 2016 06:33

New Russian arctic exploration on hold

The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister…
Friday, 09 September 2016 10:01

Goliat to remain shut down

Eni Norge’s management has decided to keep the Goliat field shut down until “measures are implemented and its platforms can be operated prudently.” Goliat. Image…
Friday, 09 September 2016 03:38

Lancaster offers Hurricane yet more pay

Hurricane Energy's pilot well on the basement reservoir Lancaster discovery West of Shetland has indicated resources "significantly greater" than the firm's 200 MMbbl base case,…
Friday, 09 September 2016 03:23

Solaris uHPHT well dry

Despite achieving a drilling record, Total Norge's ultra-high-pressure, high-temperature Solaris well has been classified as dry. The well, 1/5-5, was the deepest well drilled on…