The Petroleum Safety Authority Norway (PSA) has given Lundin Norway consent to drill exploration well 7120/1-5 in a prospect named Gohta. The prospect is located in Lundin-operated production license 492 (PL492), which is comprised of blocks 7120/1 and 7120/2 in the Barents Sea…
Brazil’s Petrobras has terminated its contract for the Golar Spirit floating storage and regasification unit (FSRU) one year early, according to Golar LNG. Image from Golar LNG. Golar…
In this video, supermajor BP gives a look back at its projects in 2016. Progress was made on several of its projects including Shah Deniz 2 off Azerbaijan, the Southern Gas Corridor pipeline from the Caspian Sea into Europe, Juniper in Trinidad and Tobago, Quad 204 in the UK, and more.
Aker BP started first oil at the Ivar Aasen field earlier this week, just four years after the plan for development and operations (PDO) was submitted. Image of Ivar Aasen, from Aker BP. Production…
Barakah Offshore Petroleum has won a two-year, US$4.4 million (RM20.0 million) contract from Murphy Oil to provide work on the company's Kikeh spar platform, offshore Malaysia. The work will be done by Barakah's wholly-owned subsidiary company…
The US Bureau of Ocean Energy Management (BOEM) will offer more than 9000 blocks, spanning more than 48 million acres in the Central Gulf of Mexico (GoM) Lease Sale 247, which is the Obama Administration's final GoM sale in its five year program…
Gullfaks was Statoil’s first field where the company was both developer and operator. Since production started 30 years ago on 22 December 1986, 2.6 billion bbl have passed the loading buoys. Image of Gullfaks C on its way to the field in 1989…
Aker BP is considering development options for its Langfjellet discovery in the Norwegian North Sea after completing three appraisal wells on the field, according to the Norwegian Petroleum Directorate (NPD). The discovery, initially estimated at 24-74 MMboe…
Mexico is delaying the country’s shallow water bid round, Round 2.1, by three months in a move that regulators hope will garner more participation, increased competition and investments. Image of Mexico's deepwater round…
Hoover Ferguson Group (Hoover Ferguson), a provider of container, workspace and packaging solutions for the energy and petrochemical industries and general industrial enterprises, has acquired the rights and obligations of Uniteam Holding’s (Uniteam’s) offshore container rental business…
Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for wellbore 7318/12-1, cf. Section 8 of the Resource Management Regulations. Well 7318/12-1 will be drilled from the Scarabeo 8 drilling facility. The…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-22 S will be drilled from the Deepsea Atlantic drilling facility in position 58°55’33…
Lamprell completed the construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Co. (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony…
BW Offshore and the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon. Subject to closing of this first transaction, the partnership has secured a right to acquire a further 25% of the Dussafu license…
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