Norwegian Energy Co. (Noreco) has been served a notice of default on the North Sea Huntington license. The notice comes after the firm failed to make payments as a joint operating partner in the license and not finding a buyer for its 20% stake in the field…
German explorer Wintershall has started drilling on the Kvalross exploration well 7224/2-1 in license PL611, in the Norwegian Barents Sea. Kvalross is to the south of OMV’s significant Wisting and Hanssen oil discoveries. The well…
Nexans has awarded iSURVEY a multi-year frame agreement to provide navigation, positioning and survey support for its cable lay operations on board the C/S Nexans Skagerrak. iSURVEY will provide services including positioning and monitoring during cable lay and trenching operations…
Well Control School (WCS) received accreditation from International Well Control Forum (IWCF) for its System 21 e‐Learning Drilling course. Image from WCS Facebook. The IWCF System…
Technip and Vallourec subsidiary Serimax signed an agreement in principle in order to achieve a strategic partnership in the domain of pipeline welding that will see Technip acquire a minority stake in Serimax. Image from Technip…
Mexico’s secretary of energy (SENER) announced on 7 January that it signed two remaining production sharing contracts with Pan American Energy and Fieldwood Energy for areas awarded offshore Mexico during the country’s phase two bid round held in late September…
Det norske oljeselskap has received consent from the Norwegian Petroleum Safety Authority to use the Transocean Winner mobile drilling facility for production drilling and completion on the Volund field. Transocean Winner is a semi-submersible facility of the GVA 4000 type…
POSH Terasea secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (FLNG) platform. As part of the project, POSH Terasea will tow the Shell Prelude FLNG over 3000nm from Samsung Shipyard in Geoje…
Protea has completed the manufacture of a comprehensive crane package for an FSO (floating, storage, and offloading) that will be chartered by Total for operation at the Martin Linge offshore development. Comprising of two deck cranes…
Lundin Petroleum subsidiary Lundin Malaysia has completed the Imbok-1 exploration well offshore East Malaysia. The well, located in Block SB307/308 encountered minor oil shows and was plugged and abandoned. The well was targeting hydrocarbons in Miocene aged sands…
Italy’s Eni commenced production from the Mpungi field offshore Angola that will bring production ramp up in the West Hub Development Project to about 100,000 boe/d this quarter. N’Goma FPSO. Image from SBM Offshore…
Norway, Cyrpus based rig operator Songa Offshore suffered a BOP equipment failure on one of its new Cat D semisubmersible drilling rigs as it was readying to start operations for Statoil. The Songa Endurance started drilling operations…
UK trade union Unite repeated a call for the industry to end its year-long imposition of cuts after members in the Offshore Contractors Association (OCA) agreement accepted improvements to their terms and conditions. Following a consultative ballot…
Premier Oil has confirmed its Isobel Deep oil discovery offshore the Falklands, as well as an additional discovery in the same well. The well, which was a re-drill of the 14/20-1 Isobel Deep well, hit 27m of net pay, with no oil water contact or gas…
Oil prices have been extremely volatile since the first trading day of 2016 and hit 12-year lows last week with Brent dropping below US$33/bbl for the first time since 2005. The fall in the Chinese manufacturing index, the Saudi-Iran…