Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…
Oil and gas companies plan to drill 40-50 exploration wells on the Norwegian continental shelf in 2019, similar to levels seen in 2018, the head of exploration activities at the country's Petroleum Directorate told a conference on Tuesday.Norway…
Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
A 10-year low in oil discoveries in Norway in 2017 doesn’t deter an expected increase in drilling in 2018, whilst performance continues to improve in the UK with the focus switching to gas for 2018, says Westwood Global Energy's Dave Moseley…
Alpha Petroleum is proving that there’s room for small independents to make their mark in the UK North Sea. Elaine Maslin looks at the firm’s Cheviot field plan. Image from Centrica. Some fields get a second chance…
2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…
Drilling on the deepwater Drombeg prospect offshore Ireland has discovered water wet reservoirs, says Providence Resources. The 53/6-1 well, in about 2233m water depth - the deepest a well has been drilled offshore Ireland - about 220km off south-west Ireland…
Offshore heavy lift installation work is complete, and hook-up and commissioning work has started on Statoil’s Mariner heavy oil field. Elaine Maslin reports on progress, including work optimizing the field’s 100+ wells scope. Statoil’s 38…
Energy XXI Gulf Coast (EGC) has spudded its first well of the year at West Delta 30 off the coast of Louisiana, as the company announced an 18% workforce reduction. Image of West Delta operations…
It took Norwegian fairy tale character Trestakk a few times to win her prince. Likewise, her oilfield namesake had to be put back on the shelf a few times before it could make the development grade. Elaine Maslin reports. Trestakk subsurface layout…
Six of the offshore exploration wells that are set to drill in the UK in 2017 have an average pre-drill prospect volume of over 100 MMboe. Douglas-Westwood, through its Westwood Insight, asks if this signal a renaissance for UK exploration…
Lloyd’s Register (LR), a global provider of engineering and technology-centric professional services, has launched its Virtual Reality (VR) Safety Simulator at the Offshore Technology Conference 2017 in Houston, Texas, to help further support…
The UK North Sea has an industry target to cut well completion costs by 50%. Elaine Maslin reports. Looking up through a derrick. Photo from BP. Well construction accounts for…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
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