Tullow Oil cut its outlook for production and cash flow because of persistent problems in Ghana, while revealing that the quality of oil recently discovered in Guyana was heavy in nature, sending its shares down more than 20%.Commenting for…
Maersk Drilling has entered a contract with Shell subsidiary BG International, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Maersk Developer.The contract has an estimated duration of 171…
Fugro, the global geo-data specialist, has awarded a contract to Bosch Rexroth to fully maintain and further improve Fugro Synergy’s hydraulic equipment.Fugro has worked with Bosch Rexroth for over a decade to ensure it has the best hydraulic…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
ConocoPhillips has made an oil and gas discovery in exploration well 25/7-7 near the Balder field in the Norwegian North Sea.The first wildcat in production licence 782 S, the well was drilled by the Leiv Eiriksson drilling facility about 15…
Australia's offshore safety watchdog has asked Equinor ASA to modify its drilling plan before it can win approval to explore for oil and gas off South Australia, the regulator said on Monday.Green groups want the regulator to bar Equinor from drilling in the Bight…
Oilfield services company Halliburton has unveiled a new logging-while-drilling technology that provides real-time images of the borehole to help operators identify fractures, improve wellbore stability and optimize completion design.When drilling with oil or water-based fluids…
Maersk Drilling said it has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by MOL Norge in partnership with Wintershall Dea and OMV Norge…
BP has started drilling the deepwater Puma West prospect in the Green Canyon block in the U.S. Gulf of Mexico.Project partner Talos Energy, which sold an operating inetrest in the project to supermajor BP, said the well is being drilled by the…
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its…
Energean Oil and Gas announced its appraisal of the Karish North Discovery confirmed best estimate recoverable resources of 0.9 Tcf (25 BCM) plus 34 million barrels of light oil / condensate (combined c.190 mmboe) enhancing the Mediterranean…
Northern Drilling’s West Mira is the first rig in operation to be awarded the DNV GL Battery (Power) class notation. West Mira is an ultra-deepwater semi-submersible designed by Moss Maritime, operating a hybrid power plant using Lithium-ion…
Independent oil and gas company i3 Energy said it has spud the Liberator A2 pilot well following the plug and abandonment of the Serenity 13/23c-10 well.After plugging and abandoning the Serenity 13/23c-10 well as planned, the Borgland Dolphin…
Neptune Energy said it has spud the first Duva well in the Norwegian North Sea.Neptune's first discovery in Norway, Duva holds around 88 million barrels and will be developed with with two oil producers and one gas producertied back to the Neptune…
Maersk Drilling said it has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP. In continuation of the rig’s current workscope for Aker BP, the Maersk Integrator will drill a well at the Tambar field in the Southern North Sea…