ConocoPhillips has submitted its development proposal for the gas and condensate Barossa field in the Timor Sea, to Australian authorities for comment. The Barossa Area Development is expected to be a floating production, storage and…
Providence Resources and its partners on the Barryroe field offshore Ireland have been given a two-year license extension as the firm continues its farm-out efforts. Barryroe is in Standard Exploration License (SEL) and is operated by Providence subsidiary Exola DAC (80%)…
Statoil has contracted rig firm Seadrill Offshore for up to nine wells offshore Brazil, starting on its BM-S-8 license in the Santos Basin. Seadrill will provide the drillship West Saturn, with services on board by Seadrill Serviços de Petroleo Limitada…
The Oil and Gas Authority (OGA) has offered for award 12 licenses to 11 companies, including Statoil, BP, Shell, Maersk, Apache and EnQuest in the 2016 Supplementary Offshore Licensing Round. Fourteen blocks were originally on offer in this Supplementary Round…
Lundin Petroleum's latest well on the Alta field in the southern Barents Sea has confirmed reservoir communication and qualities. Lundin is now planning a sidetrack well, which will help to plan for the drilling of a horizontal well for use as in an extended well test…
Ophir Energy is expecting to have the Fortuna FLNG project final investment decision (FID) off Equatorial Guinea settled in the coming months, as the company moves to decrease costs by cutting 15% of its global workforce. Thailand operations…
Trendsetter Engineering has successfully completed live well operations with their new 15,000 psi subsea hydraulic intervention system (referred to as STIM). Trendsetter's STIM. Image from Trendsetter…
Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software, Roxar RMS 10.1. RMS 10.1. Image from Emerson. Through even…
Eni has increased its estimate of resources in place at the Amoca field offshore Mexico to 1 billion boe, following a successful appraisal well that is prompting the Italian giant to accelerate its development plan. Map from Eni…
Royal Dutch Shell will exit upstream operations in Ireland with the sale of its Corrib gas field stake to a Canadian pension fund. Source: Shell The sale is part of the company’s strategy to reshape itself through a three-year…
Statoil has gained more stake offshore Brazil, following a US$379 million deal with Queiroz Galvão Exploração e Produção (QGEP) to acquire QGEP’s 10% interest in the BM-S-8 license in the Santos basin. Map of BM-S-8…
CNR's Murchison platform removal in the UK North Sea has been completed, according to Heerema Marine Contractors, part of the Heerema - AF (HAF) Offshore Decom Consortium. Heerema Marine Contractors (HMC) and AF Offshore Decom (jointly called HAF Decom) for the full engineering…
Geoscience firm Spectrum has started the acquisition of a new seismic survey in the Barents Sea as part of the ongoing Norwegian 24th licensing round. The new Norsel High 3D acquisition comprises a minimum of 1600sq km, covering four blocks that are included in the round…
Talos Energy and partners Sierra Oil and Gas, and Premier Oil have made an estimated 1.4-2 billion bbl, 'world-class' light oil discovery at the Zama-1 exploration well, offshore Mexico. The find has been described as one of the 20 largest…
The Stena IceMAX deepwater drillship has spudded a well that will target the Druid and Drombeg prospects, offshore Ireland. The well, operated by Ireland-based Providence Resources, is in Frontier Exploration License (FEL) 2/14 in the southern Porcupine Basin…