Elaine Maslin examines new UK government funded seismic shoots and data reprocessing, all free to the industry, which are among initiatives aimed at boosting UK Continental Shelf exploration. Seismic…
Infographic from McKinsey Solutions. These projections are taken from Energy Insights’ Global Gas Outlook to 2030. For your free Executive Summary of the findings included in the report visit www…
Rig operator Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring in June 2019 and July 2019, respectively. The extensions are in direct continuation of the current contracts…
ConocoPhillips and Marathon Oil Corp. have signed an early termination agreement for the deepwater drillship Maersk Valiant, Maersk Drilling says. The termination, which comes following Conoco's decision to halt Gulf of Mexico deepwater exploration spending…
Gulf of Mexico-focused Deepwater oil exploration and production company Venari Resources has acquired an additional 7% stake in the Shenandoah field on Walker Ridge Blocks 51, 52 and 53. The company has also reported successful results from the Shenandoah #5 appraisal well…
The Norwegian Petroleum Directorate (NPD) has granted Det norske a drilling permit for well 25/2-18 S on PL 442 in the central North Sea. The well, targeting the Langfjellet prospect, will be drilled using the Maersk Interceptor jack up drilling rig…
Norway's Statoil has made a gas condensate and oil discovery southwest of the Oseberg Sør facility in the North Sea, according to the Norwegian Petroleum Directorate (NPD). The discovery, in production license 035/272, was made through the wildcat wells 30/11-14 and 30/11-14 B…
The Norwegian Petroleum Directorate has granted Statoil Petroleum drilling permit for well 6407/7-9 S using the Songa Delta semisubmersible drilling rig. The well, also called Njord NF2, is in production licence PL 107 C, operated by…
Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
The US Bureau of Ocean Energy Management (BOEM) is gearing up to hold is first ever lease sale via a live broadcast later this summer that will mark the last lease sale for the Western Planning Area of the current five-year program. Image of Hopper…
Noble Energy started production at Gunflint in the deepwater Gulf of Mexico, the Houston-based explorer announced today (21 July). Map of Gunflint, from Noble Energy. The Gunflint oil development…
Lundin Petroleum has started its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea targeting 587-862 MMboe. The winterized Leiv Eiriksson semisubmersible drilling rig (pictured) has been contracted…
UK independent Zennor Petroleum has drilled a successful appraisal well on the Finlaggan gas condensate accumulation in the UK North Sea. Finlaggan is in license P2013, in Block 21/5c, awarded in the 27th licensing round to Zennor. The Finlaggan discovery was made by ConocoPhillips in 2005…
Premier Oil spudded the Bagpuss heavy oil exploration well in the Moray Firth in the UK North Sea on 18 July, using the Ocean Valiant drilling rig, says partner North Sea Energy. Drilling results are expected in early August. The well…
Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…
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