Byron Energy has struck 190ft (58m) of net oil pay in the South Marsh Island Block 71 F-2 well in the Gulf of Mexico, exceeding initial expectations, partner Otto Energy reported today (27 December). Drilled and logged to 8615ft measured depth with Ensco jackup Ensco 68…
Forties Pipeline System (FPS) operator Ineos says all restrictions on flow through the pipeline have now been lifted following mechanical completion of a repair to the onshore section of the major North Sea export trunkline. 'All restrictions…
Christmas came early for Premier Oil and its Catcher development partners. First oil was achieved from the field's FPSO today (23 December), according to FPSO owner and operator BW Offshore. BW Catcher FPSO…
Saipem has signed a contract with Eni Angola in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06…
Dutch transport and installation firm Heerema Marine Contractors (HMC) has won an additional contract on Maersk Oil's US$3.6 billion Tyra Redevelopment Project offshore Denmark. Following the award of the transportation and installation…
Operator Aker BP has completed an acquisition of Hess Norge, which owns 10% stakes in the Norwegian North Sea Valhall and Hod fields, from Hess Corp for US$2 billion. At the same time, a deal by Aker BP to sell 10% interest in the…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. SNC…
US engineering group McDermott International, soon to merge with CB&I, has inked a major lump sum contract with Maersk Oil for work on the largest ever oil and gas project offshore Denmark. McDermott is to provide engineering, procurement…
Italy's Eni says a production test on the Tecoalli-2 well, in shallow water Campeche Bay, Mexico, showed 'excellent production capabilities,' and increased estimates of oil in place in Area 1 to 2 billion boe, with about 90% oil. The well is in Contractual Area 1…
A series of trials in the North Sea to test non-intrusive inspection (NII) techniques have shown that they can offer similar results to traditional intrusive methods. Non-intrusive inspection technologies could mean operators do not have to shut-in equipment…
Rosneft and partner Eni have spud the Maria-1 exploration well in the Zapadno-Chernomorskaya licence area in the Black Sea. The license is estimated to hold oil in place of over 570 million tons, Rosneft reported on 20 December. To prepare for drilling…
Petrobras has released its new 2018-2022 business plan, in which the Brazilian giant has promised to maintain about the same level of investments in exploration and production (E&P) as it listed in last year's plan. Photo from OE/Audrey Leon…
Statoil awarded Transocean a 22-well contract in the Norwegian North Sea for the harsh environment semisubmersible Transocean Spitsbergen with an estimated duration of 33 months; plus two one-well options. The estimated firm backlog associated…
A total of 30 oil and gas discoveries were made in Q3 2017. Of these, 18 were conventional oil, one was heavy oil, one was unconventional gas, and the remaining 10 were conventional gas, according to analytics firm GlobalData. Among countries…
Geoscience firm TGS is to start a new multiclient acquisition project called Alonso 3D in the US Gulf of Mexico. Alonso 3D will cover 6172sq km in the Atwater Valley and Lloyd Ridge protraction areas of the US Gulf of Mexico. TGS says multi-level targets exist…
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