As oil prices continue to stabilize, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.Jack-up rigs have long been known as the cheaper alternative to their floating cousins…
UK-based Tower Resources said drilling of a new well at the Thali block in Cameroon had been delayed until July.In a stock exchange announcement, the company said that it had received additional data that indicated that further site preparation work would be required before a rig was moved to site…
Switzerland-headquartered geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of industry veteran Jean-Luc Laloe to its Board of Directors.Jean-Luc, who has almost 40 years of experience in the offshore oil and gas industry…
The oil exploration and development company focusing petroleum resources, Aker BP has failed to find hydrocarbons after drilling a wildcat well in the North Sea offshore Norway.The Norwegian Petroleum Directorate (NPD) said that the Norwegian…
Italian supermajor Eni said it has found gas and condensate in the first exploration well drilled in CTP-Block 4, approximately 50 kilometers off the Ghana coast.The well was drilled on the Akoma exploration prospect and proved an estimated…
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS, the Norwegian multinational energy company, a drilling permit for wells 16/1-30 S and 16/1-30.The drilling programme for 16/1-30 S and 16/1-30 A relates to drilling of appraisal wells in production licence 167…
GustoMSC, the developer of the Chela crane, has transferred the multi-functional arm to Danish offshore driller Maersk Drilling.GustoMSC, which designs and engineers solutions for mobile offshore units, said in a press release that Maersk Drilling…
UK-based Atlantic focused explorer Chariot Oil & Gas says its Anchois-1 gas discovery and nearby prospects in the Lixus Offshore Licence, off Morocco, contains 1 Tcf.Following completion of an independent competent persons report (CPR), it also says a nearby prospect…
Aker BP is gearing up to drill its Freke-Garm exploration well in the Norwegian sector of the North Sea using Odfjell Drilling's Deepsea Stavanger semisubmersible drilling rig. Norway's Petroleum Safety Authority (PSA) authorised the well, 15/6-15…
Despite a bounce back in exploration activity in 2018, success rates and discovered volumes have dropped, according to a report by UK-based analysts Weestwood Global Energy Group. Westwood’s 10th annual State of Exploration report reviews global…
UK-based well management firm Exceed has secured a two-year contract to support Serica Energy (UK) with its future well operations.Initial operations under the contract will be concentrated on Serica's Columbus development well, which is planned to be drilled in 2020…
Norwegian exploration and production company DNO says it plans to drill 48 wells this year, the highest number in the company's 48-year history. The drilling program, comprising 25 development/infill wells and 11 exploration/appraisal wells…
Danish rig operator Maersk Drilling has announced what it's calling the first hybrid, low-emission drilling rig, based on the Norwegian Continental Shelf. Through a series of upgrades, Maersk Drilling aims to convert the Maersk Intrepid ultra…
Russian oil company Lukoil has been given state approval for its new absorbent and biotechnology-based oil spill response technologies for Arctic regions. Lukoil says the technologies, on which it has taken out nine patents, have been designed…
Premier Oil has started drilling operations at Natuna, offshore Indonesia, using the jack-up drilling rig HAKURYU-11, according to rig owner Japan Drilling Company (JDC).JDC was awarded a drilling contract by Premier Oil Natuna Sea in November last year…