Offshore Regions News - page 1235


Lundin to drill Alta appraisal with Leiv Eiriksson 

Mar 29, 2017

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit the Alta appraisal well 7220/11-4 in the Barents Sea. Well 7220/11-4 in production license 609 will be drilled from the Leiv Eiriksson drilling facility. The…

Deepsea Metro I sets sail to the Philippines

Mar 29, 2017

The Deepsea Metro I drillship has set sail to the Galoc field, offshore the Philippines, with drilling operations expected to start on 31 March. The Deepsea Metro I. Image from Odfjell Drilling…

Exxon sells Norway upstream business

Mar 29, 2017

Newcomer Point Resources has entered the playing field as a mid-sized Norwegian exploration and production (E&P) company, signing a deal with ExxonMobil to acquire the supermajor’s operated upstream business in Norway. The Jotun A…

Safe Boreas gets further extension

Mar 28, 2017

Repsol Sinopec Resources UK has exercised a further four weeks of options for the Safe Boreas semisubmersible accommodation vessel, says Prosafe. The Safe Boreas will continue operations for Repsol Sinopec Resources UK at Montrose A in…

McDermott launches Middle East graduate training program

Mar 28, 2017

McDermott Middle East launched a specialized on-the-job graduate training program exclusively for students from the Kingdom of Saudi Arabia (KSA). McDermott KSA graduates. Image from McDermott…

Inpex sells Indonesian subsidiary

Mar 28, 2017

PT Medco Energi Internasional has gained a 35% participating interest in the South Natuna Sea Block B in Indonesia, following a deal to buy Inpex's Indonesian subsidiary Inpex Natuna Ltd. The agreement is between Japan's Inpex and PT Medco…

Cairn hits oil at VR-1 off Senegal

Mar 27, 2017

Cairn Energy has encountered oil at the Vega-Regulus (VR-1) well offshore Senegal, marking the company’s eighth successful well in the area since 2014. The Stena DrillMAX, from Stena. The…

BP in third Egyptian gas find

Mar 27, 2017

BP has scored again with a third gas find at the North Damietta Offshore Concession in the East Nile Delta, Egypt, the supermajor said today (27 March). According to BP, 37m of net gas pay was found at the Qattameya Shallow-1 exploration well in high quality Pliocene sandstones…

Statoil invests US$2.3 billion in Njord, Bauge

Mar 27, 2017

Statoil submitted development plans for two Norwegian Sea fields that are set to come onstream in 2020, with an investment of some US$2.3 billion (NOK 19.8 billion). The Bauge discovery will be tied in to the upgraded Njord field…

Wintershall to use Deepsea Stavanger at Maria

Mar 27, 2017

Wintershall has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Stavanger semisubmersible to drill six production wells on the Maria field. Wintershall Norge is the operator of the Maria field oil and gas field at Haltenbanken in the Norwegian Sea…

FAR gains major stake off The Gambia

Mar 27, 2017

Erin Energy entered a definitive farmout agreement that will see FAR Ltd. acquire 80% interest and operatorship of Erin Energy’s offshore A2 and A5 blocks in The Gambia, West Africa. Erin Energy will retain a 20% working interest in both blocks…

Shell CEO to speak at SPE Offshore Europe 2017

Mar 27, 2017

Shell CEO Ben van Beurden is to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5-8 September 2017. van Beurden will address several hundred oil and gas industry professionals in…

Lancaster could be UK's largest undeveloped discovery

Mar 27, 2017

Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…

Premier awards topside O&M contract to Wood Group

Mar 27, 2017

Wood Group has been awarded a US$50 million contract with Premier Oil, to deliver topside operations and maintenance services to the Balmoral floating production vessel (FPU) in the central North Sea and the Solan installation, West of Shetland…

Verbier resources increased

Mar 27, 2017

North Sea independent explorer Jersey Oil & Gas says the Verbier prospect, due to be drilled by Statoil this summer, contains 162 MMboe mean prospective resources.  The estimate - and increase on a previous 118 MMboe estimate - was made…

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