Singapore-based KrisEnergy began its drilling campaign in the Gulf of Thailand. The Key Gibraltar. From Shelf Drilling. The campaign is starting at the Rossukon-2 exploration well…
Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…
Following up on last week's article on companies bracing for bankruptcies within the oil and gas industry, OE's Managing Editor Audrey Leon spoke with Charles Kelley and Robert Gray, Houston-based attorneys with law firm Mayer Brown to discuss the downturn in oil prices…
Eni made a significant gas discovery offshore Libya and found more gas than anticipated at its Merakes-1 well offshore Indonesia. Libya find Eni activity in Libya. From Eni. Eni…
Total has spudded exploration well 25/6-55, named Shango by partner Faroe Petroleum, in license 627 (Skirne East) in the Norwegian North Sea. Shango is on the northern part of the Utsira High about 5km from the producing Skirne field…
Anadarko Petroleum Corp. sent Dolphin Drilling an early termination notice for the Belford Dolphin ultra deepwater drillship's charter contract off Mozambique. The Belford Dolphin. From Dolphin Drilling…
GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean. Well 22/16-6 flowed at rates in excess of 8000…
Petrobras began early production at the deepwater Búzios field offshore Brazil. The Dynamic Producer. From Sembcorp Marine. Búzios is located in the Santos basin, about 200km off the coast of Rio de Janeiro…
New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…
While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…
Cairn Energy is planning an up to six-well exploration campaign offshore Senegal, starting this year, after making potentially the largest global oil discovery in the country's waters last year. Image from Cairn…
Drilling on the Spanish Point gas discovery in the northern Porcupine Basin offshore Ireland has again been set back. Operator Cairn Energy said today (10 March) that the well, planned for 1H this year, had been 'deferred pending discussions…
Tunisian authorities Comité Consultatif des Hydrocarbures granted ADX Energy an additional six-month extension of the exploration period for the Kerkouane permit, offshore Tunisia. The extension ends on 7 August 2016. The ADX…
Fugro took delivery of the Hugin 1000 Autonomous Underwater Vehicle (AUV), the Echo Surveyor VII, in December 2014. Depth rated to 4500m, the new AUV now holds the record for the deepest Hugin AUV dive, surveying in water depths surpassing 4200m…
BP made its second gas discovery in the East Mediterranean Sea at its North Damietta Offshore concession in the East Nile Delta. Image from BP. The discovery was made at the Atoll…