The Norwegian Petroleum Directorate (NPD) expects that more than 50 exploration wells will be drilled in 2019. This is just as many as in 2018. Most of the wells being drilled in 2019 are wildcat wells, while in 2018 there was an almost equal number of wildcat and appraisal wells…
Norwegian Petroleum Directorate (NPD) announced that production on the Norwegian shelf is holding steady at a high level. Many projects are in the development or planning phases.It said that many exploration wells are being drilled. There have been few discoveries in the first half of the year…
Turkey will continue drilling for gas in waters off Cyprus if the internationally recognized Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday.Mevlut Cavusoglu…
Norwegian oil firm Aker BP said it would slightly increase its capital and exploration spending this year as it reported second-quarter results that fell year-on-year.Aker's net income fell to $62 million in the quarter from $128 million a year earlier…
Norwegian oil firm Aker BP has made an oil discovery off Norway which could strengthen its hand in negotiations with sometimes partner Equinor on how to develop fields.Aker BP, formed from a merger of BP's Norwegian oil assets and the Det norske oil firm controlled by billionaire Kjell-Inge Roekke…
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's 'illegal' drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows…
Norwegean oil and gas exploration and production company Capricorn Norge AS has completed the drilling of wildcat well 6508/1-3. The well was a dry hole.According to Norwegian Petroleum Directorate (NPD), the well was drilled about 6 kilometers…
The Dominican Republic's first oil licensing round will be a success if it awards more than two of the 14 blocks on offer this year, a government official said at an event disclosing the Caribbean nation's fiscal terms.The licensing round, which began on Wednesday with disclosure of contract terms…
The U.S. State Department on Tuesday urged Turkish authorities to halt energy drilling operations off the Cypriot coast in the Mediterranean, a day after Cyprus protested a Turkish ship dropping anchor there.'This provocative step raises tensions in the region…
Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond…
Services firm Archer announced on Monday it has been awarded a contract with integrated oil and gas company OMV for the provision of drilling services using the modular drilling rig (MDR) Archer Emerald, including associated services, materials…
A second Turkish ship planning to drill for oil and gas off Cyprus arrived off the Mediterranean island's northeastern coast on Monday, triggering a strong protest from Nicosia of an infringement by Turkey of its sovereign rights.Last month…
Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.The contract for the 2008…
Canadian oil and gas exploration company Eco Atlantic Oil & Gas Ltd said it has started drilling operations for the first well in the Jethro-Lobe prospect on the Orinduik block, offshore Guyana.The well was spud on Thursday (July 04) using the Stena Forth drillship…
ST Engineering Halter Marine and Offshore (STEHMO) installed a NOV crown mounted compensator (CMC) on Diamond Offshore’s Ocean Blackhawk drillship.The 215-metric-ton passive heave compensator was fully assembled and lifted on the top of the derrick on May 22…
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