Ophir Energy's Ayamé-1X exploration well offshore the Ivory Coast found oil, but not in significant quantities. The well, in block CI-513, reached a total depth of 5394m true vertical depth sub sea. The well was targeting a number…
Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…
The Norwegian Petroleum Directorate (NPD) has launched a consultation on a new act on mineral recovery on the Norwegian Continental Shelf. The move comes after the ministry took over responsibility for the exploration and recovery of…
A new center of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise. Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain…
Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in PL 705, from the NPD. Upon completing drilling operations at Stordal (well 6705/7-1)…
Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…
A group of private firms and universities from the Netherlands and the UK have been given funding to undertake a feasibility study into permanent CO2 capture and storage (CCS) in empty gas and oil fields in the North Sea. Under the Acorn CCS project…
Danish drilling rig operator Maersk Drilling has said it doesn't expect to see significant improvements in offshore rig demand until oil prices stabilize above US$60/bbl, or until drilling costs adjust to a lower oil price. 'With the excess supply…
The Research Council of Norway has awarded ABB a US$1.16 million (NOK10 million) research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s DEMO2000 initiative…
Neptune Energy signed a firm US$5.1 billion (€4.7 billion) offer with Engie for its 70% stake of Exploration & Production International (EPI). Image from Engie. The binding offer includes nearly $1…
Norway’s Petroleum Safety Authority (PSA) has issued an order to Total E&P Norge after an audit of the Martin Linge development in the Norwegian North Sea. Total has until 29 May to comply. An audit of the Martin Linge project was conducted by the PSA from 28-30 March 2017…
Avangrid Renewables and Vineyard Wind have formed a strategic partnership to jointly develop a large scale wind energy project off the coast of Massachusetts. Last summer, Massachusetts required utilities to procure 1600 MW of clean…
Gulf of Mexico operators BP and Murphy Oil sing the praises of a new below US$50/bbl breakeven world at this year’s OTC Houston. Audrey Leon reports. Image of Morrison presenting at OTC. Images from OTC…
KBR and IBM have agreed to collaborate on the development of digital products and services to help oil and gas firms reduce costs and increase profit, reliability and safety. KBR says petroleum organizations require new levels of innovation…
Lundin Petroleum has started drilling appraisal well 7220/11-4 (Alta-4) on the Alta discovery in PL609, on the Loppa High in the southern Barents Sea. The Alta-4 well is about 2km south of the original discovery well 7220/11-1 and is the fourth well to be drilled on the Alta discovery…