Statoil and Tullow Norge have entered an agreement for Statoil to increase its equity in four licenses on the Norwegian continental shelf (NCS), which includes the Wisting discovery in the Barents Sea. The deal includes Tullow transferring…
The latest Australian petroleum exploration spending data is 'an urgent wake-up call for governments and industry,' the country's oil industry body has warned. Dr Malcolm Roberts, CEO of the Australian Petroleum Production & Exploration…
Det norske oljeselskap is to move ahead with an appraisal well on the Langfjellet discovery in the Norwegian North Sea. The Norwegian Petroleum Directorate has granted the firm a drilling permit for well 25/2-18 A using the Maersk Interceptor drilling rig in production license 442…
Anadarko Petroleum spudded the Warrior well in deepwater Gulf of Mexico, according to partner Ecopetrol. Warrior is in Green Canyon Block 563, near two major production fields: the western border of Anadarko’s K2 block and on the eastern border of BHP Billiton’s Shenzi field…
Diamond Offshore Drilling has said it is going to defend a move by Brazil’s Petróleo Brasileiro (Petrobras) to terminate its contract on the Ocean Valor semisubmersible early. The Ocean Valiant…
Italian giant Eni has drilled its fifth well on the Zohr field offshore Egypt, confirming its potential to contain some 30 Tcf, with hopes of first gas by the end of next year. Map of Zohr, from Eni…
Irish explorer Providence Resources has appointed a well management services contractor for its deepwater Druid well in the Porcupine Basin. The firm also expects to save 30% on drilling costs, thanks to a drop in rates in the last estimate…
Norway's Det norske oljeselskap has made a 24-74 MMboe oil discovery on exploration well 25/2-18 S on the Langfjellet prospect in license 442 the Norwegian North Sea. The well encountered a gross oil column of 109m in the Vestland Group…
The Petroleum Safety Authority of Norway has granted Lundin Norway consent for exploration drilling in the Barents Sea. Lundin will drill exploration well 7219/12-1 in a prospect named Filicudi. The drilling site is 218km north-west of Hammerfest at 320m water depth…
Norwegian giant Statoil and Brazilian giant Petrobras entered into a two-year memorandum of understanding (MoU) to strengthen cooperation between the two offshore Brazil. Statoil CEO, Eldar Sætre (left)…
Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017, in addition to strengthening its position in the area through several transactions with other companies. Barents map…
There could be 25.5 billion bbl in place and 20.6 Tcf of gas in the West Orphan Basin, in the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids, according to the Government of Newfoundland and Labrador…
Maersk Drilling's Maersk Gallant jackup drilling rig has beaten the record for drilling the deepest well on the Norwegian Continental Shelf. The well, which reached a total depth of 5941m on 31 July, was on Total's Solaris ultra-high-pressure…
Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…
FAR Ltd. is exercising its pre-emption rights over the proposed sale of ConocoPhillips interests in Senegal to Woodside Petroleum, a deal that was struck in July. Map from FAR. In mid-July…
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