Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
Cairn is pleased to announce it has secured a long term contract with Transocean for the “Cajun Express” drilling unit. The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal…
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku…
China Oilfield Services Limited (COSL) is pleased to announce that COSLPromoter, a semi-submersible drilling rig of the Group, has officially commenced operation in Norwegian North Sea for an eight-year service contract with Statoil ASA on 2 April 2013 Norwegian Time…
Petroceltic's wholly owned subsidiary, Petroceltic Italia Srl, has been awarded the exploration permit 'B.R272.EL' in the Central Adriatic offshore Italy (formerly application block d.507).The award of the B.R272.EL permit is a significant step…
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…
Irish media have reported that Exxon Mobil was due to start exploration drilling offshore the country's coast this weekend.Eirik Raude (Image: Ocean Rig)The Irish Examiner said the $140m drilling programme was due to start today (Saturday) with daily rates at an estimated $1million…
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog…
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…
Statoil and co-venturer ExxonMobil are pleased to announce their third high impact discovery in Block 2 offshore Tanzania in a year.The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF…
BG Group today announced it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoirThe drill stem test on the Jodari-1 well…
Tullow opens office in Nouakchott. In preparation for the start of a four-well exploration program and increased operational activity, the Director of Hydrocarbon, Ahmed Salem Tekrour, joined a small number of guests to open the new Tullow offices in Nouakchott…
Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola.The agreement managed by Stena Drilling is for a three-year fixed term with start-up Q4 2013 / Q1 2014…
A survey of more than 900 Oil and Gas companies has revealed that they are concerned that the average wage in the industry will rise 15% this year from £64,000 to £73,600.The survey by OilandGasPeople found that 70% of oil and gas companies were worried that wages were rising too fast…
North Energy has today entered into a four-year collaboration agreement with (TGS) concerning the purchase of seismic data and services. This represents a natural progression from an earlier collaboration agreement with Rex Oil & Gas (Rex) on…
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