Norway's Equinor has awarded a NOK 900 million ($107 million) contract to local contractor Kvaerner for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.The engineering, procurement and construction (EPC) award…
International drilling, well service and engineering company Odfjell Drilling said it has signed a Letter of Intent for Deepsea Bergen with MOL Norge for one exploration well in direct continuation of the contract with OMV Norge, estimated to expire in Q3/Q4 2019…
Norway's Equinor has been given consent from Petroleum Safety Authority Norway to perform exploration drilling of well 36/1-3 on production licence 885, which aims to investigate the Presto Prospect in the North Sea.Drilling is scheduled to begin in December 2018 and last 35 days…
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…
A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually.Donmez made the…
Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country.The two oil companies signed a deal with state-owned Algerian…
Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists.The project was being prepared…
Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…
U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska.Interior’s Bureau of Ocean Energy Management (BOEM) issued conditional approval…
Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday.The newly connected field, which will send its production to Norway's Nyhamna plant for processing…
BiSN, the provider of metal-to-metal downhole sealing solutions, has achieved a world first in conjunction with AkerBP and Altus Intervention, through the successful deployment of the largest-ever bismuth plug.Following over a year of development…
Oil and gas company FAR Limited has started drilling the Samo-1 exploration well in block A2, offshore The Gambia.The Stena Drillmax arrived on site on Sunday, 21 October and after standard pre-drill operations, the well was successfully spudded…
Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells.Equinor has signed a framework agreement with Rowan Norway Limited…
Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…
UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday.Tullow is confident of sustaining peak production from its two oilfields in Ghana…
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