Australia’s AWE Limited announced that drilling on the Oi-1 exploration well in the Tui area oil fields, located off New Zealand in the Taranaki Basin, commenced on 30 May with the semisubmersible Kan Tan IV. Oi-1 is located approximately…
Operator Genel Energy's Malta subsidiary Phoenicia Energy Co. announced on 30 May that the Noble Paul Romano deepwater semisubmersible drilling rig is moored on location and has commenced drilling Hagar Qim-1. The well is being drilled in 1476ft of water in Block 7 of Area 4 off Malta…
Nido Petroleum Ltd., on behalf of SC 63 joint venture partners state-owned Philippine National Oil Co. Exploration Corp. (PNOC-EC) and Dragon Oil Ltd., announced that the Baragatan-1A well was spudded May 25. The wellsite is in Service Contract 63…
Drilling continues at Statoil's Martin prospect in Mississippi Canyon Block 718 with the Maersk Developer semisubmersible, in 850m (2789ft) water depth. Statoil plans to run a zero-offset vertical seismic profile (VSP) survey on or before 15 August 2014…
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. The firm said hydrocarbon shows were found in two sections, but that well will be plugged and abandoned without further testing…
Seadrill has won a contract with Total Upstream Nigeria for use of its newbuild ultra-deepwater drillship West Jupiter (pictured), in support of the Egina ultra-deep offshore project in Nigeria. The contract is for five years and is worth about US$1…
Success of the Butch South West prospect, drilling on which has started, could prompt a new stand alone production facility in the North Sea, according to Faroe Petroleum. Drilling on the Centrica-operated Butch South West exploration well 8/10-6S…
Petroceltic International's Muridava-1 exploration well on the Muridava (EX-27) license in the Romanian Black Sea has been plugged and abandoned after failling to find commercial hydrocarbons. The well, spudded on April 11 and drilled to 2747m total depth…
Greenpeace activists who boarded the semisubmersible drilling rig Transocean Spitsbergen (pictured) 300km offshore Norway are now in the hands of Norwegian police, says Statoil. But, Greenpeace's ship, the Esperanza, has moved to the location where Statoil plans to drill…
Rowan Companies plc said the Rowan Renaissance drillship has been pulled from service off West Africa after experiencing equipment problems, the company announced in its monthly fleet status report released on 27 May 2014. Rowan said…
Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…
The urgent need to address the global cost competitiveness of Australia’s oil and gas industry has been highlighted by a new analysis that shows fewer exploration wells are being drilled offshore despite significantly higher expenditure. An…
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7324/2-1. It will be the first well to be drilled in Production License (PL) 615 in the Barents Sea. The wildcat well 7324/2-1 (Apollo) will…
Today's Baker Hughes North American offshore rotary rig count listed 60 rigs operating this week, up 3 rigs from a week ago and up 9 rigs from a year ago (18% year-over-year increase). The majority, 58 rigs, are working in the Gulf of Mexico…
Gazprom Neft has announced the signing of a three-year framework agreement on drilling and well reconstruction with drilling service provider Commonwealth of Independent States Eurasia Drilling Company Limited (EDC). Under the terms of this agreement…
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