Dutch vessel designer GustoMSC has unveiled a new mid-water drillship design, the Scylax. The 'fit-for-purpose' vessel is described as a compact deep water drilling unit based on a single derrick or drilling mast set up with off-line stand building…
Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to drill well 16/2-22, an appraisal well, on the Johan Sverdrup field. The consent also applies to a possible sidetrack from this well. The Statoil-operated field, located around 140km west of Stavanger in the North Sea…
BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017. The move comes just days…
Cairn Energy and its partners have contracted a rig to drill two appraisal wells on the world class SNE oil field offshore Senegal in 2017. The wells - SNE-5 and SNE-5 - will be drilled using the Stena DrillMAX drillship, starting Q1…
Lukoil has struck more pay at its third well in the Vladimir Filanovsky field in the shallow waters of the Caspian Sea. The LSP-1, from Lukoil. The horizontal section of the well is 1217m long…
After a long awaited return to Liberia, ExxonMobil started drilling at the deepwater Mesurado-1 exploration well earlier this week, according to partner Canadian Overseas Petroleum Ltd. (COPL). Map of Liberia…
Maersk Oil is to drop its heavy oil Bagpuss and Blofeld License, P.1943, in the UK North Sea, according to partner North Sea Energy. The move follows UK independent Premier Oil resigning as operator on the Bagpuss joint venture, effective at the end of this year…
West Africa focused independent African Petroleum is to drop its production sharing contracts for blocks LB-08 and LB-09 after they expired. The PSCs formally expired in June 2016 and since then the firm has been in discussions with Liberian authorities over a possible extension…
Castex Offshore had a successful flow testing of its Main Pass Hummer discovery well, offshore Louisiana, according to partner Petsec Energy. Flow rates were measured at restricted rates on variable choke sizes over the last three hours…
Norwegian private equity backed independent Okea has awarded a frame agreement to Ridge for well management services. Under the contract, Ridge will provide personnel and services to manage offshore well design, construction and operation for Okea…
Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the Norwegian Barents Sea. The well, 7220/6-2 R, was drilled on the Neiden prospect in production license 609…
Maersk Drilling and National Oilwell Varco (NOV) have entered into a five-year partnership to improve maintenance predictability for drilling equipment. The shared vision behind the partnership is to implement a new maintenance mind-set which…
Total and Socar, the national oil company of Azerbaijan, signed an agreement establishing the contractual and commercial terms for a first phase of production of the Absheron gas and condensate field, located in the Caspian Sea. The development…
US offshore drilling contractor Rowan Companies and Saudi Aramco have signed a deal to create a new offshore rig outfit. The new organization will be a 50/50 joint venture (JV) which will own, operate, and manage offshore drilling rigs in Saudi Arabia…
After forming its own offshore-focused offshoot this January, Colombian state oil company Ecopetrol noted in its Q3 conference call that it intends to stabilize its production with a more 'aggressive' exploration drilling program slated for 2017…
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