Statoil announced it will delay an investment decision on its Johan Castberg project in the Norwegian Barents Sea due to unease regarding recent move by the Norwegian government to increase taxes on oil and gas producers. In addition to the tax rise…
KrisEnergy has spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, its partner Salamander Energy (23.4%) announced on 3 June 2013. The Tayum well is being drilled using the Randolph Yost jackup…
HRT's wholly-owned subsidiary HRT Walvis Petroleum Ltd., has the spud-in of the Murombe-1 (2212/06-1) off Namibia, the second offshore well in its back-to-back exploratory drilling campaign. The well is targeting the Murombe Prospect…
Tullow Oil plc's Calao-1X exploration well, in the CI-103 licence off the Ivory Coast, encountered thin condensate/gas-bearing reservoirs in an Upper Cretaceous deepwater channel system, the company announced on 30 May 2013. Following completion of logging operations…
Atwood Oceanics, Inc. through one of its subsidiaries, has won a drilling services contract for the semisubmersible rig Atwood Eagle. This contract is for a term of 24 months and will be performed offshore Australia at a day rate of approximately $460…
Reliance Industries Ltd. (RIL) and partner BP, have discovered gas and condensate in the KG D6 block in the Krishna-Godavari field off the eastern coast of India. The KGD6-MJ1 well was drilled in a water depth of 1024 m, and a total depth of 4509 m…
Noble Corporation has ordered a new harsh-environment jack-up rig it is to deploy in the North Sea from 2015. The new unit, based on the Gusto MSC CJ70 design and meeting an enhanced version of Norwegian oil firm Statoil's 'Cat J' specifications…
Drilling and engineering contractor KCA Deutag has picked up three drilling operation and maintenance contracts for work in the North Sea with operators Total E&P UK, EnQuest and CNR International (CNRI). The contracts with Total E&P…
Noble Energy is to start drilling on Aphrodite 2 offshore Cyprus in the next two weeks, according to partners on the project. Delek Group, whose subsidiaries Delek Drilling and Avner are partners on Aphrodite in Block 12, said the work…
Norwegian oil giant Statoil has increased its holdings off east Africa after acquiring a 12% working interest in a licence offshore Tanzania from Petrobras. The stake in Block 6 covers 5549sq km in the Mafia basin, with water depths of 1800m…
Petroceltic International has said the first of a four-well campaign in the Black Sea is to be plugged and abandoned after finding sub-commercial gas shows. The Kamchia-1 exploration well, in the Galata concession offshore Bulgaria,…
UK North Sea spending on well services has reached an all time high, according to a survey by industry body Oil & Gas UK. Its well well services sector report, based on a survey carried out since 1996, showed companies delivering drilling…
Lundin Norway AS completed drilling on wildcat well 7/4-3, 24 km north of the Brynhild field in the southern part of the North Sea. Lundin plugged and abandoned the well as a dry hole. Drilled by the Maersk Guardian to a vertical depth of 2957 m below sea surface…
Brazil is a veritable diamond in the rough for foreign and local investors alike. Firms are investing in new centers of technology, fabrication, and worker training to alleviate the country’s skills and infrastructure difficulties. Brazil is very much the place to be at the moment…
Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign. The contract…
