Senator Mike McGuire’s office is creating legislation to ban oil and gas drilling off the coast of California. The SB 788 Coastal Protection Act will close a loophole that could allow oil and gas developments in coastal waters. According to McGuire…
Fugro set a new seafloor drill water depth record of 2923m (9589ft) while completing a combined sampling and piezocone penetration testing (PCPT) borehole to 62m (203ft) below the seafloor. Fugro seafloor drill…
North Sea exploration minnow Trap Oil has warned that, without urgent additional funding, it is likely to become insolvent. The firm, which has reduced its overheads from £5.1 million 2 years ago to £1.3 million/yr posted a pre-loss of £44…
Houston-based BPZEnergy says it has started a reinterpretation of all Albacora well and seismic data after finding no oil in its latest well on the offshore Peru field. The firm is currently operating under provisions of Chapter 11 of…
Norway-based Odfjell's newbuild deepwater semisubmersible Deepsea Aberdeen has started drilling operations under a seven-year contract with BP on the Quad 204 field development project West of Shetland, UK. Deepsea Aberdeen (pictured)…
The first well drilled using the new build jackup giant Maersk Interceptor (pictured) have reaped successful results for operator Det norske, the firm said this morning. The new unit, operating in the Norwegian sector of the North Sea…
London-listed Atlantic margin explorer Chariot Oil & Gas Atlantic is seeking a new partner of its Rabat Deep permit offshore Morocco after 25% equity holder Woodside elected not to take an option to take over operatorship and fund a well on the license…
AGR has been awarded a well engineering and operational support services contract with DEA Norge. The contract covers support in well planning and operational execution and consultancy manpower to DEA’s drilling projects on the Norwegian continental shelf (NCS)…
Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement until May 31, 2017. The agreement states that either party can end the agreement, including any offshore drilling contracts…
The Schahin Group filed for bankruptcy for its engineering unit as it seeks protection from creditors, according to news agency Bloomberg. Schahin holds 28 diversified companies and about US$2.12 billion in debt. However, Schahin’s oil and…
Karoon Gas Australia confirmed a 213m gross oil column at its Echidna-1 well offshore Brazil. The Olinda Star. From Karoon. The exploration well is located in the Santos basin…
Petrobras completed the formation testing on well 3-BRSA-1286-SES, located in concession BM-SEAL-11, in ultra-deep waters of Sergipe-Alagoas Basin, offshore Brazil. Drilling activities have confirmed two light oil and gas bearing compartments…
Chevron Australia is cutting its contract with Atwood Oceanics short due to damages caused by a cyclone offshore Australia. The Atwood Osprey. From Atwood. The amendment will…
KrisEnergy’s Thai campaign success continues at its Rossukon-3ST sidetrack well that encountered 148ft of oil and gas pay. Offshore Thailand map. From KrisEnergy. The final exploration…
Shell takeover target BG Group has continued a dry exploration run offshore Norway with its latest exploration well near the Knarr field. The 34/3-5 well, on production license 373 S, in 403m water depth, was drilled about 5km southeast of Knarr in the Northern North Sea…
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