Offshore Shallow Water News - page 11

Tower Finds Farm-In Partner for Thali Block in Cameroon

Mar 03, 2020

Tower Resources has found a farm-in partner for its Thali block offshore Cameroon. The company on Monday said it had executed binding heads of terms for a farm-out of a Thali block share with OilLR Pty Ltd. The farm-out covers US$7.5 million…

Equinor, Neptune Find Oil in Sigrun East

Mar 02, 2020

Equinor and partner Neptune have struck oil in the Sigrun East prospect in the central part of the North Sea. Recoverable resources are estimated at between 7 and 17 million barrels of oil equivalent.Exploration wells 15/3-12S and 15/3-12AT2…

Borr Drilling: Demand for Jack-Ups to Grow. 2019 Was a Record Year

Feb 28, 2020

Jack-up drilling contractor Borr Drilling's Chairman has said that 2019 was a record year when it comes to jack-up rig contract years awarded and that demand is high for modern jack-ups.In a statement Friday, the Chairman of the Board, Paal…

UTEC Wraps Survey Work for McDermott

Feb 25, 2020

On 25 February, UTEC, a global surveying company in the Acteon subsea services group, completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International.UTEC…

Cooper Eyeing Annie Gas Find Start-Up in 2022

Feb 24, 2020

Australian oil and gas company Cooper Energy might bring its Annie gas discovery online in 2022.Cooper, in cooperation with Mitsui E&P, made the discovery at the Annie-1 well, located 9 kilometers offshore Victoria, Australia, in September 2019…

Chevron Picks Aquaterra's Sea Swift Platform for Angola Field

Feb 12, 2020

Chevron has hired Aquaterra Energy for the design and support installation of a Sea Swift offshore platform at an offshore field in Angola.Destined for the Lifua-A field, the conductor supported platform (CSP) will be designed and installed in 60m of water…

Europe Leads Global Activity Surge

Feb 10, 2020

A slew of reports so far this year suggest a confluence of the right factors for a strong, sustained surge in contracting activity — especially in drilling — seems to be developing, at least in Europe.Several indicators were in January pointing to key some snowballing of new activity…

BP's Azeri Production Slightly Dips in 2019

Feb 06, 2020

BP said on Thursday that oil output at its projects in Azerbaijan declined slightly last year to 535,000 barrels per day (bpd) or 26 million tonnes for the whole of the year. That was down from 584,000 bpd, or 29 million tonnes, in 2018. Associated…

Coro Energy Pulls Out of Bulu PSC Deal

Jan 31, 2020

The Southeast Asian focused oil company Coro Energy will not be buying a share in the Bulu PSC, offshore Indonesia, citing  increased risks around the Bulu project.'The company had in September 2018 agreed to buy a 42.5% interest in the shallow water (60m) block offshore East Java…

BW Energy Completes 2nd Producer at Tortue 2 in Gabon

Jan 22, 2020

BW Energy has completed the second production well of the Tortue Phase 2 development, offshore Gabon.'The DTM-5H well marks the completion of the first of two new well clusters on the Tortue field which will be tied back to the FPSO BW Adolo and boost oil output…

Saudi Aramco, ADES in Rig Contract Extension

Jan 20, 2020

Drilling contractor ADES has won a contract extension for its ADMARINE 261 jack-up rig in Saudi Arabia.ADES said Monday that the contract extension was for a tenure of one year. The contract is expected to start upon the expiry of the current contract in February 2020…

Aker BP to Use Maersk Integrator Rig at Ivar Aasen Field

Jan 20, 2020

Norwegian offshore oil company Aker BP has awarded the Maersk Integrator jack-up drilling rig a contract for work at the Ivar Aasen field offshore Norway.Maersk Drilling, the rig's owner, said Monday that the Maersk Integrator would move to…

Equinor Gets OK for North Sea Pilot Hole

Jan 16, 2020

Norway's Equinor has been given regulatory approval to drill in a block in the Norwegian sector of the North Sea using a Seadrill drilling rig.The Petroleum Safety Authority Norway has given its consent for exploration drilling in the block 30/2…

Jadestone To Drill At Montara In Q2

Jan 15, 2020

Jadestone Energy has filed plans for drilling operations expected to start this year at its Montara oil field offshore Australia. The Montara field, which Jadestone bought in October 2018, lies approximately 690 kilometers east of Darwin in…

Shelf Drilling Finds Work for Ex-Maersk Jack-Up

Jan 14, 2020

The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…

Current News

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Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

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