A new report produced for the Energy Technologies Institute (ETI) says there are no technical hurdles to permanently and safely storing large quantities of CO2 deep underground off the coast of the UK. There is also the potential for…
Wintershall Norge has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton. The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea…
Cooper Energy has agreed the terms of its exit from the Nabeul Permit, offshore Tunisia, with the country's government. The Nabeul joint venture has agreed to pay compensation of US$3.2 million to fulfill its remaining permit obligations that previously included drilling a well…
TGS has acquired approximately 141,000km, or 75%, of the planned 186,000km 2D seismic project, Gigante. Gigante covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic grid covering the entire US Gulf of Mexico…
Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d. Image from Eni. The milestone…
Maersk Training has signed a global framework agreement with Statoil to provide drilling simulation training for the next three years with an option to extend for additional two years. Statoil has identified a need for advanced drilling…
India will auction 67 small oil and gas fields on 25 May that will test some of the key policy changes introduced by the government in the upstream sector, local media The Economic Times reported. The fields previously held by ONGC and…
West Africa’s reputation as a place to work in has never been that high in the eyes of many offshore oil and gas workers, particularly Nigeria. After a period of relative calm, recent events have put oil firms in Nigeria back on high alert…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…
Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
Norwegian seismic firm Polarcus has received a letter of intent from Spanish oil major Repsol for a broadband 3D survey offshore Morocco, to start Q3 this year. Repsol has exploration rights over two exploration blocks in Morocco, one offshore in the Gharb basin…
Sparrows Group has been awarded a 20-month inspection services contract to cover Stena Drilling’s global fleet of drilling vessels. The agreement will see Sparrows Group deliver LOLER lifting gear surveys, potential dropped objects surveys…
Several supermajor oil and gas companies including Anglo-Dutch supermajor Shell, Italian giant Eni, and US supermajor ConocoPhillips have surrendered more than 2 million acres in the Chukchi Sea. The Polar Pioneer…
Software that enables acoustic data to be streamed in real-time from subsea structures as they are installed has helped to reduce non-production time (NPT) for independent oil and gas producer, INPEX, and its survey contractor, Neptune Geomatics…