Offshore Drilling News - page 205

 

ADX gets two-year extension in Tunisia

Aug 14, 2014

Tunisian Authorities approved Australia’s ADX Energy Ltd.’s two-year extension of the exploration period for the Kerkouane permit offshore Tunisia. The exploration period is now set to end on 21 February 2016.   The ADX operated contiguous Sicily Channel blocks…

Venari raises additional US$1.3 billion

Aug 14, 2014

Venari Resources LLC announced that it has raised an additional US$1.3 billion of equity commitments, bringing the total raised to $2.4 billion. Map of Shenandoah and Coronado prospects.  Image from Anadarko…

AWE acquires interest in China block as drilling begins

Aug 14, 2014

Australian company AWE Ltd. and ROC Oil Company signed a farm-in agreement for AWE to acquire 40% working interest in Block 09/05, Bohai basin, offshore China. Map of Block 09/05. Image from ROC Under the terms of the farm-in agreement…

Divestment option for Northern Producer

Aug 14, 2014

Houston based drilling and floating production firm Northern Offshore is still considering options for its sole floating production platform (FPF), including divestment, as operator EnQuest eyes additional tie-ins to the unit. The semisubmersible…

Fastnet agrees terms with Petrobras

Aug 14, 2014

UK independent Fastnet Oil and Gas agreed an amended exclusive option agreement with Petrobras subsidiary PSE Kinsale Energy in relation to the Deep Kinsale prospect, offshore Ireland. The Deep Kinsale prospect extends from 4000ft subsea…

Petrobras strikes more pay at Jupiter

Aug 13, 2014

Petrobras confirmed more hydrocarbon pay was found at the Jupiter prospect in the Santos basin pre-salt block BM-S-24 offshore Brazil. Map of Jupiter area. Image from Petrobras News Agency The…

Repsol clear to drill off Canary Islands

Aug 13, 2014

Spain's Repsol could start drilling offshore the Canary Islands this year after the Spanish government gave the firm the go-ahead. The government's Industry Ministry approved drilling plans by Repsol in a resolution dated 11 August and published today (13 August) in the Official Bulletin…

Mexico's Pena Nieto signs reform into law

Aug 12, 2014

Mexico’s oil and gas industry entered a new era on Monday when President Enrique Pena Nieto signed the long-awaited secondary legislation of the country’s recent energy reform into law, opening the country to private investment. The signing…

BHI international rig count for July 2014

Aug 11, 2014

Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…

Kara Sea spudded despite sanctions

Aug 11, 2014

ExxonMobil began exploratory drilling operations in the Kara Sea’s Universitetskaya structure in the East Prinovozemelskiy area on 9 August, defying Western-imposed sanctions against Russian state-owned Rosneft. Drilling on the Universitetskaya-1 well…

Statoil, Schlumberger enter NCS agreement

Aug 08, 2014

Statoil awarded Schlumberger Norway a contract to provide integrated drilling services and exploration drilling on the Norwegian continental shelf (NCS). Licenses are for Gullfaks, Gullfaks Satellites, Snorre, Statfjord, Tordis/Vigdis…

Petrobras sinks bit on Libra

Aug 07, 2014

Petrobras announced drilling has started on the first exploration well on the Libra pre-salt area in the Santos basin offshore Brazil. Drilling on Libra, discovered in 2010, and estimated to contain 8-12 billion boe, comes as marine production…

Proserv appoints senior management team

Aug 06, 2014

Proserv appoints two vice presidents to its senior management team. Paul Douglas has been promoted to the role of VP operations with Bruce Stuart joining Proserv as VP sales and business development for Europe and West Africa (EWA) from FMC Technologies…

Marathon spuds Key Largo

Aug 06, 2014

Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…

Lundin spuds Barents well

Aug 06, 2014

Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea.  The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…

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