Santos and INPEX were awarded two exploration permits offshore Western Australia. Image from INPEX. Blocks WA-513-P and WA-514-P are located about 500km north-northeast of Broome and cover areas of 335sq km and 415sq km…
Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…
Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil. WGMN teamed with the Korean engineering, procurement…
Saipem awarded FES International a US$2 million contract to supply bend stiffener connectors (BSCs) for the Egina project. The BSCs will be used by global energy company, Total, at its third deep offshore development off the coast of Nigeria…
Oil & Gas UK’s new report on offshore exploration, investment and production provides striking evidence of how rising costs, taxes and inadequate regulation have taken their toll on the UK industry’s international competitiveness. The…
Escalating cost facing the global upstream sector was a recurring theme in presentations on the challenges facing new E&P developments during IP Week in London in mid-February. Meg Chesshyre reports. An aerial view of the Laggan-Tormore development…
The Petroleum Safety Authority Norway granted Talisman Energy Norge AS consent for exploration drilling of well 15/12-24 at the Snømus prospect. Image of the Maersk Giant jackup. From Maersk. The well is located in production license 672…
Noble Energy is suspending any further investments in the expansion of Tamar, and initial development of Leviathan until regulatory issues are resolved with Israel. Image of the Tamar field. From Delek…
The Petroleum Safety Authority Norway is investigating a man-overboard incident from the Scarabeo 8 ultra deepwater semisubmersible on the Eni-operated Goliat field in the Barents Sea. Image from Saipem…
FEI introduced its new HeliScan microCT advanced imaging system during the grand opening of its Digital Rock Lab in Houston. Raw tomogram image (no post processing) of Austin Chalk formation highlighting 1…
Talisman Energy shareholders approved Spain’s Repsol to take over the Canadian company for an estimated US$8.3 billion. Image from Repsol. In an overwhelming vote of more than 99%…
BP Norge received consent from the Petroleum Safety Authority Norway (PSA) for a gas lift at the Valhall IP. Increased water production is expected as a result of the water injection at Valhall, and gas lift is being performed to maintain stable production from the wells at IP…
The PetroRio acquisition of Shell’s 80% stake in the Bijupirá and Salema fields, and the Fluminense FPSO cost the company US$150 million. PetroRio acquiring the Fluminense FPSO in Shell deal. Image from Modec…
Lundin Norway is completing the drilling of wildcat well 26/10-1 and will permanently plug and abandon the well after a minor gas find. Map of Well 26/10-1. From the Norwegian Petroleum Directorate…