Anadarko and state-owned Ecopetrol have announced a 50:50 venture to explore the Fuerte Norte and Sur blocks off Colombia in the Caribbean Sea.
Foster Wheeler has acquired Three Streams Engineering, a privately held engineering company in Calgary, Canada. The acquisition is part of Foster Wheeler’s strategy to grow its upstream capabilities.
Petrobras touted a fourth oil discovery in the ultra-deepwaters of the Sergipe-Algoas basin, 85km off the coast of Aracaju, Brazil. Tests confirmed the presence of a 67m-thick, light oil column in the Calumbi formation of the Muriú well.
Reef Subsea will install a full seismic system at Grane in an effort to increase oil recovery at the field, located 185km off Haugesund, Norway. The contract includes the installation and burial of nearly 200km of seismic cables. The contract…
Tullow has farmed-in on 40% of Houston-based Hyperdynamics’ offshore Guinea concession. A new drilling program, testing a deepwater fan prospect, is slated to begin 1 April 2014. Hyperdynamics and Dana Petroleum hold 37% and 23%, respectively.
Cobalt has hit several hundred feet of net oil pay at its deepwater North Platte prospect in the Gulf of Mexico. Drilling was a long time coming for the company after operations were postponed following the 2010 moratorium. The well was drilled to 34,500ft TD in Garden Banks block 959.
InterMoor opened a new mooring equipment yard at Loyang offshore supply base in Singapore. The facility provides storage and support for maintenance, preparation and mobilization.
Iranian Offshore Engineering & Construction announced that its 3300t jacket is bound for South Pars field. The 67m high jacket will be installed 115km off Asalouyeh, Iran, in 61m of water.
Kongsberg has acquired Norwegian subsea engineering firm Apply Nemo in an effort to boost its presence in the North Sea and Australian subsea market. Kongsberg expects the purchase to close this month.
Lukoil has conducted a four-well horizontal drilling campaign at the Yu Korchagin field in the northern Caspian Sea. Initial flow rates tested between 4000b/d and 10,000b/d. Recoverable oil reserves at the field are estimated at 360 million barrels.
Anadarko was a winner in New Zealand’s offshore block offerings in 2012. Anadarko walked away with two permits in the Pegasus Basin south of Wellington. Shell and partners OMV and Mitsui came away with one block in the Great South Basin off Dunedin.
The Gazprom-chartered Ob River LNG carrier has successfully completed the first-ever delivery through the Northern Sea Route. The carrier’s journey began in early November at the Snohvit terminal in Hammerfest, Norway, and ended at the Tobata terminal in Japan in December…
Rosneft and ExxonMobil have established a joint project to assess the commerciality of tight oil reserves in the Bazhenov and Achimov formations of Western Siberia. ExxonMobil will provide financing up to US$300 million for the program. Drilling is to begin in 2013.
Dubai-based Shelf Drilling acquired 38 shallow-water drilling rigs after completing a US$1.05 billion sale with Transocean. Shelf Drilling is also expected to pick up as many as 3500 employees from the deal. Shelf Drilling will take control of seven rigs immediately…
Salamander Energy announced first oil at its Bualuang Bravo platform in the Gulf of Thailand. The Atwood Mako drilled development well BB-04-H, which is expected to produce 1500b/d. With a 15-well development planned, Salamander expects production to increase to around 14,000b/d in 2013.
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