US independent Hess will increase its 2017 exploration and production (E&P) budget, turning its attention to activity offshore Norway, Guyana, and the Gulf of Mexico, the company announced on 12 January. Image from Hess…
ExxonMobil has hit gold offshore Guyana with its new ultra deepwater Payara discovery, in addition to upping its ante at the giant Liza field. The Stena Carron, from Stena Drilling. The…
UK-listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast, Africa, are at an advanced stage. The well is expected to spud in late May and is targeting about 240 MMbbl Pmean recoverable resources…
Eni has started drilling on the Boné (Dazzler) exploration well 7318/12-1 in the Norwegian Barents Sea. Boné, being drilled using the Scarabeo 8 semisubmersible drilling rig is in a similar structural setting to the Johan Castberg discovery…
Oil services giant Halliburton and Brazil’s Petrobras have signed a technology cooperation agreement that will advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt and mature fields, offshore Brazil…
Malaysia's SapuraKencana Petroleum (SKPB) and UK-based engineering firm Proserv are joining forces to provide enhanced technology services offerings to clients in Asia Pacific. The firms will jointly provide a range of services across the drilling…
Webtool, a hydraulic cutting tools provider, will highlight its latest cable gripper and retrieval tools, and electrically operated subsea cutters at Subsea Expo 2017. The stand will feature the Webtool cable gripper, which allows the…
UK Independent Serica Energy is targeting a development plan for the long-dormant North Sea Columbus field this year, the firm said today. Serica is also firming up plans to drill its Rowallan prospect in North Sea block 22/18c in 2018…
SapuraKencana Petroleum has been awarded several contracts via its subsidiaries worth a total of about US$300 million. SapuraKencana Subsea Services inked a two-year contract to provide underwater services for Petronas Carigali. The…
The American Petroleum Institute (API) reported the total wells drilled and completed in Q4 2016 decreased 8.8% when compared to Q3 2016. This decrease shows a drastic improvement from the same period in 2015 which saw a 21% decrease in total wells drilled and completed…
North Atlantic Drilling has again extended a newbuild rig contract standstill agreement with Singapore's Sembcorp Marine. Sembcorp Marine's subsidiary Jurung Shipyard has been building the semisubmersible drilling rig West Rigel, on which a standstill agreement had already been put in place…
Eni has completed a deal to take over operatorship of the Rabat Deep Offshore permits I-VI, offshore Morocco, with plans to drill on the acreage in 2018, following approval of a deal by the license partners. The deal, with UK-based independent Chariot Oil & Gas…
Maersk Drilling has taken delivery of its fourth XLE jackup rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilize to the North Sea and will commence a 5-year…
Eni has spudded an exploration well in Contract Area D offshore Libya, according to the country's national oil firm. The well, B1-16/3, will be drilled in 518ft (156m) water depth and it is about 140km northwest of Tripoli and 5km north of the Bahr Essalam gas field…
Houston-headquartered W&T Offshore is looking to make its US Gulf of Mexico Mahogany field the cornerstone of its 2017 investment program after hitting oil across five zones in a new appraisal well. The Mahogany field, discovered in 1993…