UK-based explorer Cairn Energy's latest appraisal well on its SNE discovery offshore Senegal has been hailed a success. Far Ltd, a partner on SNE, has previously estimated the SNE 2C contingent resource at 468 MMbbl. An updated resource…
Spanish oil and gas explorer Repsol is planning to shut down its Varg field operations offshore Norway, due to the low oil prices, according to news reports. The Petrojarl Varg. Image from Teekay…
Norway's latest awards in predefined areas (APA) round was announced today, with some 56 licenses offered to oil firms. Duncan John, Partner at consultancy StrategicFit, offers his views. This APA round has shown that appetite for exploration in Norway has been resilient to low oil prices…
Norway's latest awards in predefined areas (APA) license round has been hailed a success with some 56 exploration licenses being offered on the Norwegian Continental Shelf. The APA rounds offer acreage in known areas on the shelf, rather than frontier acreage…
Dallas-based Kosmos Energy entered into a deal with Atwood Oceanics that will see the exploration and production company get an extension, and a reduced rate for the Atwood Achiever ultra deepwater rig for operations offshore Northwest Africa…
CGG, with the support of its Seabed Geosolutions joint venture with Fugro, has completed the acquisition of a 3D seismic survey over the Hail and Shuweihat oil and gas fields in the Emirate of Abu Dhabi, one of the world’s most environmentally sensitive areas…
Seabed Geosolutions is due to mobilize for a variation order signed by Abu Dhabi National Oil Co. (ADNOC) with CGG to conduct a shallow water seabed survey offshore Abu Dhabi. The survey is over the Ghasha-Butini field, will take around 12 months and has a value of around US$125 million…
Saudi Aramco says it has set a new record for heavy lift operations in its Arabiyah-Hasbah gas fields project about 150km offshore Saudi Arabia. The heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7500-ton crane…
ExxonMobil received consent from the Petroleum Safety Authority Norway (PSA) to use the West Alpha semisubmersible drilling rig on the Balder field, in the central North Sea. The West Alpha. From North Atlantic Drilling…
The ExxonMobil-Rosneft joint venture Karmorneftegaz SARL notified Norway's Siem Offshore that it has terminated Siem's contract for the 2015 season. The contract involves the charter of two AHTS vessels Siem Topaz and Siem Amethyst, and one PSV Siem Pilot…
Italy's Eni signed a memorandum of understanding (MOU) with Mexico's Pemex that will see the two companies cooperating and exchanging best practices in all three sectors of the oil and gas industry. The preliminary agreement covers the exchange of knowledge in relation to technology…
Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions. Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…
Rosneft and North Atlantic Drilling Ltd. (NADL) executed multiple long-term offshore drilling contracts at the end of July, just before the newest round of European Union (EU) and US-issued sanctions were enacted. Rosneft committed to six offshore drilling units until 2022…
Russian President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil today. Gazprom Neft, the oil arm of Russia's top gas producer Gazprom, shipped the first 70,000 tonnes of oil by tanker from the Prirazlomnoye platform…
Mott MacDonald has been appointed project management consultant by the Abu Dhabi Oil Company Limited (ADOC) for the development of the Hail offshore oilfield in Abu Dhabi, UAE. Located approximately 10km south of Mubarraz Island, the…
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