Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…
Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin. Under the terms of the option…
Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…
Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Gregory Hale discusses how operators can get more out of their current assets, and add more to the bottom line. All images from Honeywell. Systems on a platform floating in the…
Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…
US Bureau of Safety and Environmental Enforcement Director Brian Salerno testified today (1 December) before a US congressional committee on Energy and Natural Resources defending a new well control rule, 30 CFR Part 250 released earlier this year…
Using steam to help increase oil recovery, particularly from heavy oil, is a well tried and tested technology, but not quite so offshore. Elaine Maslin looks at a bid to change that. Images from The Steam Oil Production Co…
Accredited well control training provider, Well Control School (WCS), has relocated its training center in Lafayette, Louisiana to 425 Settlers Trace Boulevard. WCS will hold its first classes in the new center on 30 November, 2015. The…
Walter Oil & Gas announced the installation of the recently completed Coelacanth Field platform at Ewing Bank Block 834 (EW 834) in the Gulf of Mexico. Image of Coelacanth Field’s platform heading to sea…
Weatherford International has announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand. The HeatWave Extreme service includes a logging-while-drilling (LWD) tool string capable of withstanding temperatures of up to 410˚F (210˚C)…
Following the divestment of its share in the Shah Deniz gas field in Azerbaijan, Statoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG (TAP) to the Italian gas infrastructure company Snam SpA in a US$220.8 million (€ 208 million) deal…
Italian explorer Eni has announced it will begin an exploratory drilling campaign at its three fields in the Bay of Campeche offshore Mexico. Eni representatives were in Mexico City on 30 November to sign a new production sharing contract…
The Louisiana US District Court ruled for Anadarko Petroleum to pay a US$159.5 million penalty for its role in the 2010 Deepwater Horizon disaster that spilled 3.19 MMbbl into the Gulf of Mexico, and left 11 people dead. Transocean's…
In February 2011, Maersk Oil's Gryphon FPSO suffered significant damage in heavy storms in the turbulent North Sea. After nearly 20 years of uninterrupted service, the FPSO had to leave the Gryphon field for the first time for repairs and upgrade…
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