Petroceltic International is participating in a joint venture with Edison International Spa, which was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Co. 2012 International Bid Round…
Noble Energy found “significant signs of gas” in the Karish 1 well 75km northwest of Haifi in Israeli waters, according to partners. Delek Group said that 60ft of natural gas bearing sands were found after drilling reached 4790m below sea level in license area Alon C/366.
Energean Oil & Gas plans to increase its exploration and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end…
Fairfield Energy began a 400sq km Broadband 3D seismic survey over Block 43/28, using the Polarcus Nadia.
Statoil and Petoro have proven additional resources in the Shetland Group/Lista formation in the Gullfaks licence. Production well 34/10-A-8 on the Gullfaks A platform where the well test is was done, currently provides a production of 7…
Falkland Oil & Gas (FOGL) will continue its 3D seismic acquisition campaign and target exploration drilling in the second half of 2013. A 1,000sq km survey over a Cretaceous fault block area is underway and a large 3D survey in the Northern Licence Area is planned for 4Q 2013…
Petrobras discovered goodquality oil (26° API) in the Entorno de Iara area in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is in 2266m of water, 235km off Rio de Janeiro state. The well produced oil from carbonates at 5045m, just below the salt.
ANP, Brazil’s National Petroleum Agency, announced the winners of its 11th licensing round. There were 289 blocks (150,000 sq km) up for bid. Thirty high bids were accepted, about US$1.4 billion in revenue, ANP said. Total offered the highest bid for a single block…
Royal Dutch Shell plc will develop the Stones ultradeepwater project in 9,500ft of water, about 200mi southwest of New Orleans. Development will start with two subsea wells tied back to an FPSO, followed by six additional wells. This first phase is expected to reach peak production of 50…
Lundin Petroleum AB (Lundin Petroleum) has commenced drilling of the first development well on the Brynhild field in PL148, located in the Norwegian North Sea.Brynhild field is adjacent to the Norway-United Kingdom border, about 210 km from the Norwegian mainland…
ExxonMobil and Statoil (50% each) will develop Julia oil field, 265 miles southwest of New Orleans in the Walker Ridge area of the US Gulf of Mexico. Initial development will be designed to produce 34,000 bo/d, Exxon said. Capital costs could be more than US$4 billion.
ConocoPhillips paused its 2014 Alaska Chukchi Sea drilling program, saying it would not be practical to make monetary commitments given uncertainties of evolving federal regulatory requirements and operational permitting standards.
The GTI and 2s’ DMPTs ease construction and interface with the vessel because they can be built in Huisman’s Schiedam fabrication hall and then skidded on the quayside, where it can be tested, before a single lift onto the vessel, says Huisman…
Claxton Engineering Services Ltd, appointed Gerry Miller as VP sales, marketing, and commercial in a drive to strengthen its sales, marketing and commercial team. His base will be at Claxton’s headquarters in Great Yarmouth, UK. Ongoing…
The Energy Technologies Institute (ETI) and HR Wallingford unveiled a tidal energy modeling tool for use by tidal energy developers to identify the most efficient sites for tidal energy converters, tidal arrays, or tidal barrage schemes around the UK and French coastlines…