A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
Oslo-listed floating production vessel operator BW Offshore has received a termination notice for the floating production, storage and offloading (FPSO) vessel Sendje Berge, which is operating under a contract with Addax Petroleum on the Okwori field offshore Nigeria…
Offshore energy industry experts and leaders from across the world came together at NRG Park in Houston 1–4 May for the 2017 Offshore Technology Conference (OTC). As it has since 1969, the 49th edition of the conference convened professionals…
Faroe Petroleum has been given Norwegian Petroleum Directorate approval to drill appraisal well 31/7-2 S on the Brasse discovery. Well 31/7-2 S will be drilled using the Deepsea Bergen semisubmersible drilling rig in production license 740…
Private equity backed Azinor Catalyst has awarded a rig contract to Diamond Offshore Drilling for use of the Ocean Guardian semisubmersible rig to drill two wells in Q3 2017. The first exploration well will target the Partridge prospect…
According to a 29 March 2016 announcement, DONG Energy and Bayerngas terminated the contract for the engineering, procurement and construction (EPC) of the Hejre platform with the supplier consortium. Subsequently, disputes around the termination of contract arose…
Just days after being lifted from the concrete legs it had stood on since 1976, Shell's Brent Delta platform arrived in one piece at Able Seaton Port, Hartlepool, on Tuesday. The journey followed the record-breaking, 24,200-tonne lift by Allseas' megavessel Pioneering Spirit…
Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer. The contract for platform drilling, maintenance and engineering services was first signed in 1993…
Statoil says it is about to start its exploration program in the Barents Sea testing five to seven new opportunities over the next six months. The program will test new targets, both in the relatively well known geology around in the Johan Castberg and Hoop/Wisting area…
Anadarko has made its third discovery in deepwater offshore Colombia, with the Gorgon well. The Gorgon-1 well encountered 260-360ft net of natural gas pay, according to Anadarko. Partner Ecopetrol said the well showed gas presence in two different exploration targets…
Kurdistan focused operator DNO is to take over North Sea-focused Origo Exploration. DNO, which is Oslo-listed, will pick up stakes in 11 exploration and appraisal licenses in the North Sea, seven of which are on the Norwegian Continental Shelf and four on the UK Continental Shelf…
Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012. The new contract with BP will run for two years through till December 2019…
Siemens will deliver advanced digital solutions for Aker BP’s future field development projects as part of a long-term partnership between the two companies focused on the design, supply and installation of electrical, instrumentation, control…
Schlumberger (SLB) has released their new SpectraSphere fluid mapping-while-drilling service at the 2017 Offshore Technology Conference in Houston, Texas. The service delivers downhole fluid composition during drilling with real-time pressure measurements-while-drilling…
Lundin Petroleum's latest appraisal well on the Gohta field, in the Barents Sea, has had disappointing results, resulting in a downgrade in the field's resource estimate. Appraisal well 7120/1-5, in PL492, was 4km north of the original…
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