In less than a week, the topside for Statoil's Gina Krog project was installed on the field in the North Sea. Five thoroughly heavy lift operations were performed by the Saipem 7000, and all went according to plan. The development…
Santos has appointed Anthony Neilson as its new chief financial officer (CFO), effective December 2016, following the retirement of the company's current CFO. Neilson is a chartered accountant with significant experience in the oil and gas sector within the UK…
An augmented reality system is set to be developed for use in the oil and gas industry thanks to financial backing from two Scottish innovation centres. With support from the Oil & Gas Innovation Centre (OGIC), engineering design company…
Petrel Resources and Clontarf Energy, with a Ghanaian partner, have been offered revised deep water Tano Basin acreage by Ghanaian officials, which have been accepted in principle. The acreage, which has been offered to Pan Andean Resources…
The pace and timing of an oil price recovery depends on four key drivers, according to McKinsey Energy Insights (MEI), a data and analytics firm. The firm forecasts that it will take more than six months for the oil markets to fully rebalance…
Quadrant Energy is planning formation testing on the Roc-2 well over the next 7-10 days, according to partner Carnarvon Petroleum. Carnarvon announced a discovery on the well, in the North West Shelf, offshore Western Australia, earlier this month…
New Zealand's energy and resources minister has fired the starting gun for the country's Block Offer 2017. The Block Offer 2017 will see consultation start on the awarding oil and gas exploration permits in the country - onshore and offshore…
Maersk Oil UK has awarded fellow company Maersk Supply Service to provide decommissioning services for the Janice field in the North Sea. Janice A FPU. Images from Maersk Oil. Maersk Supply Service (MSS) will provide engineering…
Mubadala Petroleum has completed drilling operations at the MNA-17 appraisal well in the Manora oilfield in the Gulf of Thailand, according to partner Tap Oil. The Manora Oil Development joint venture was able to appraise the 500 series sands and assess a separate untested fault block…
Aker Solutions secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway's key offshore fields. The contract is valued at US$44.9 million (NOK370 million)…
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has advised BP that it will be taking additional time to assess the company’s environment plan proposing to drill the Stromlo-1 and Whinham-1 exploration wells in the Great Australian Bight (GAB)…
French operator ENGIE E&P has made a 25-70 MMboe discovery in the Cara well in the Norwegian North Sea. The well was drilled using the Transocean Arctic semisubmersible, in 349m water depth. It is 6km northeast of the ENGIE-operated Gjøa field (pictured)…
Cobalt International has agreed to terminate its long-term contract for the Rowan Reliance drillship. The drilling contract was originally due to terminate on 1 February 2018. Instead, it will now end on 31 March 2017. Cobalt says it…
Gazprom received the first construction permit for the TurkStream pipeline's offshore section from the authorities of the Turkish Republic as part of the preparatory procedures for resuming the TurkStream project. The permit was received through diplomatic channels…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for well intervention in well 34/7-A-10H on the Snorre field. The activity is scheduled to begin in September and to last 22 days…