Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas.Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract…
A tropical cyclone has led Jadestone Energy to pause its infill drilling program at the Stag oilfield offshore Australia, the independent oil and gas production company in an operational update on Monday.Jadestone said the Ensco 107 jack-up rig arrived on location at the Stag platform on March 15…
Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…
The offshore oil and gas industry has dedicated significant efforts to decommissioning platforms in the US Gulf of Mexico in the last five years.According to Bureau of Safety and Environmental Enforcement (BSEE) Director Scott Angelle, over the last five years…
The two final platform topsides have been installed at the Johan Sverdrup oil field in the North Sea, about 140 kilometers west of Stavanger, Norway, operator Equinor announced Friday, marking a key milestone toward first oil expected in late 2019…
Murphy Oil Corp said on Thursday it is exiting Malaysia with the $2.13 billion sale of its oil and gas assets to a Thai company and will use the deal proceeds to pay down debt, buy back shares and fund potential deals in the United States.The buyer…
Offshore operator Spirit Energy announced Tuesday that it started oil production on the Oda field in the southern part of the Norwegian sector of the North Sea on March 16, nearly five months ahead of schedule.The Oda field, discovered by Spirit Energy in 2011…
Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had started production at its P-77 platform, its fourth platform to enter operations in the Buzios field within the pre-salt region of Bacia de Santos.Petrobras, as the company is known…
UK focused exploration and production company Siccar Point Energy announced Tuesday it has has commenced its 2019 offshore drilling campaign with the spudding of an exploration well at the Blackrock prospect West of Shetland.The campaign, using…
Norwegian operator Aker BP announced Tuesday it has found up to 130 mmboe in the the Froskelår Main exploration well in licence 869 in the Alvheim area.Aker BP said the preliminary gross resource estimate is 60-130 mmboe, and that part of the…
Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane…
Installation and testing of the 67 km control umbilical connecting the Sole gas field with the Orbost Gas Plant has been completed, marking the conclusion of the offshore construction phase of the Sole Gas Project, operator Cooper Energy said in an update on Monday…
In a sign that national oil companies aren’t giving up their nation-building efforts anytime soon, the near-shore, jack-up rig market is experiencing a swell of business that’s lifting fortunes and impressing seasoned rig hands.The global number…
Oslo based offshore seismic services provider Magseis Fairfield said on Friday that it has received a contingent letter of award (LOA) for a three months data acquisition program for an unnamed client in the Gulf of Mexico.The survey is scheduled to begin in the third quarter of 2019…
The fourth and final platform for the first phase of the giant Johan Sverdrup project offshore Norway is ready for sail-away from Kværner’s yard on Stord, to be transported about 140 kilometers west of Stavanger and installed in a single lift by specialist mega vessel Pioneering Spirit…