While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America to buck this global trend in 2018, with intense exploration activity expected in frontier basins in the Equatorial Margin…
Azerbaijan’s SOCAR and US engineering firm KBR’s joint venture will provide front-end engineering design services (FEED) for a new production, drilling and quarters platform, Azeri Central East (ACE), for the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea…
Archer has been awarded a new, three-year contract by Apache for platform drilling management services in the North Sea. The contract includes operations and maintenance on Apache's Forties and Beryl fields. This will include the Forties Alpha…
Finalists for this year's Offshore Achievement Awards, hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, have been revealed today. The annual awards recognise the best talent, performance and innovation in the industry…
BP has brought the Bruce, Keith and Rhum fields back on production following the successful repair of the Forties Pipeline System, Serica Energy reported on 12 January. Production from the fields was shut-in on 11 December, along with other fields using the system…
French oil major Total and Brazilian national Petrobras have finalized the US$1.95 billion transfer of interests in the pre-salt Santos Basin from Petrobras to Total. The companies called the move a “decisive milestone” in a strategic alliance…
Shell has reach final investment decision on its Penguins fields redevelopment in what will be its first new manned installation in the northern North Sea in almost 30 years. The project will see a newbuild floating production, storage…
The bodies of five senior Oil and National Gas Co. (ONGC) staff and one of their helicopter pilots have been recovered followed a crash offshore Mumbai, India, on Saturday. ONGC's Twitter announced today (15 January) that a seventh body has been found and brought to Mumbai…
Houston-based marine seismic node firm FairfieldNodal has finalized its acquisition of UK-based marine geophysical services firm WGP Group from Thalassa Holdings. The acquisition will have an effective date of 31 December 2017. FairfieldNodal…
Repsol's Norwegian subsidiary has set out plans to decommission its Rev field in the Norwegian North Sea. The Rev field, in Production Licence 038C, Block 15/12 on the Norwegian Continental Shelf, comprises four seabed installations split into two separate areas…
Spirit Energy, the new name for what was Centrica's exploration and production business, has been given permission by Norway's Petroleum Safety Authority to drill an appraisal well and a side track on the Fogelberg discovery in the Norwegian…
Julie J. Robertson will succeed David W. Williams as Noble Corp. chairman, president and CEO, effective February 2018. Julie Robertson. Image from Noble Corp. UK-based offshore driller Noble…
The Norwegian Petroleum Directorate (NPD) says that while oil production is down on the Norwegian Continential Shelf (NCS), overall production rose for the fourth straight year. The NPD's forecasts indicate that the production increase will continue toward 2023…
Premier Oil announced in its trading and operations update that it is working with joint venture partners Talos Energy (operator) and Sierra Oil & Gas to progress the appraisal program for the Zama-1 discovery in block 7 in the Sureste Basin offshore Tabasco…
UK-based explorer Rockhopper says the Premier Oil-operated Sea Lion project, offshore the Falkland Islands, is moving towards sanction by year's end. Sea Lion schematic Phase 1, 2, and 3. Image from Rockhopper…
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