Noble Energy has received approval to move forward with the development of Leviathan, offshore Israel, in addition to inking a US$2.5 billion deal to supply up to 473 Bcf from the highly anticipated project. Image from Delek…
Norwegian private equity outfit HitecVision has merged three of its exploration and production companies into one firm, Point Resources. Point Resources combines Core Energy, Spike Exploration and Pure E&P and has US$300 million in new…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for two wildcat wells and an appraisal well, if a discovery is made, in PL 035. The wells, 30/11-14, 30/11-14 A and 30/11-14 B, will be drilled from the Songa Delta semisubmersible drilling rig…
SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…
Estimates for total investments covering oil and gas, manufacturing, mining and quarrying and electricity supply in Norway expected to fall in Norway in 2017, mainly due a decrease in oil and gas and manufacturing. The projection, from Statistics Norway…
Det Norske has completed two appraisal wells on the West Cable discovery, nearby the Ivar Aasen field in the Norwegian North Sea. The wells, in license 001 Bm, 16/1-26 S and 16/1-26 A, were drilled about 1.5km southeast of the 16/1-7…
Mubadala Petroleum has failed to find commercial quantities of oil at its Sri Trang-1 exploration well in the northern Gulf of Thailand. Sri Trang-1 is located in the G1/48 concession, approximately 18km north-northeast of the Manora oil development…
Norway’s Petroleum Safety Authority (PSA) has given Eni Norge consent to drill an exploration well in Block 7222 in the Barents Sea. Eni Norge is the operator for production license 226 in the Barents Sea. The well is to be drilled in a prospect named Aurelia…
Bermuda listed Seadrill, and Norwegian drillers Odfjell and Sevan Drilling reported their Q1 results this morning. Intense focus on cost cutting and efficiency have helped all three, as it had with the likes of Ensco and Transocean,…
The government of India is launching a small field bidding round this week that consists of 67 discovered small fields in 46 shallow water, deepwater, and onshore contract areas. The Discovered Small Field Bidding Round – 2016 will be launched tomorrow…
Engie E&P Norge (Engie) has been given the green light to drill the Cara prospect on production license 636 in the Norwegian sector of the North Sea. The exploration well, 36/7-4, will be the first to be drilled on PL636. The well is…
Faroe Petroleum has started drilling on the Brasse exploration well in the Norwegian North Sea. The well, 31/7-1, is immediately south of the producing Brage oil field (Faroe 14.3%) and, if successful, could be tied-back to the Brage facilities or alternatively to other nearby installations…
Statoil has decided to cancel the contract with Seadrill for the West Hercules semisubmersible drilling rig. The rig has been on contract with Statoil since 31 January 2013, performing an exploration campaign offshore Newfoundland in Canada for the past 18 months…
US drilling contractor Noble Corporation is due to cold stack two semisubmersibles and warm stack two drillships. In its latest fleet status report, the firm said it is preparing to cold stack the Noble Jim Day, a Bingo 9000 semisubmersible drillship built in 1999…
The Norwegian Petroleum Directorate (NPD) has granted both Total E&P Norge and Tullow Oil Norge drilling permits in the North Sea. Map of 30/4-3 S, from NPD. Total’s wildcat Total…
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