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Statoil's Verbier disappoints

Sep 11, 2017

Statoil's Verbier exploration probe in the Moray Firth has disappointed, with the well intersecting a water bearing reservoir at target depth.   Partner Jersey Oil & Gas, with 18% interest in well 20/05b-13, on license P.2170 license in blocks 20/05b and 21/1d…

China's CEFC picks up Rosneft stake for US$9 billion

Sep 08, 2017

CEFC China Energy is set to buy a 14.16% stake of state-owned Russian oil firm Rosneft in a US$9.1 billion deal with the consortium of Glencore and the Qatar Investment Authority (QIA).   Image from Rosneft…

Statoil to use Songa Equinox at Troll

Sep 08, 2017

Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to use the Songa Equinox mobile drilling facility to drill well 31/2-S-24 AY1H on the Troll field. Songa Equinox. Image from Songa Offshore…

Azinor delays Agar after Partridge upset

Sep 08, 2017

Azinor Catalyst has failed to encounter hydrocarbon at its well on the Partridge prospect in the North Sea, leading the company to stall its plans to drill at the Agar and Plantain prospects. Map of well 14/11a-2 in P1989…

Statoil to remove Norne emergency response vessel

Sep 08, 2017

Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to change the emergency response vessel solution for the Norne field in the Norwegian Sea. Norne is an oil and gas field in the Norwegian Sea, around 80km north of Heidrun…

Bourbon appoints new CEO

Sep 08, 2017

Bourbon Offshore has appointed Gaël Bodénès as its new chief executive officer. Bodénès will replace Christian Lefèvre, who will leave his position on 1 October to join Jaccar Holdings. The board of directors of Bourbon paid tribute…

Energean approved to develop Katakolo off Greece

Sep 08, 2017

Energean Oil & Gas has received the green light from Greek authorities for the Kataloko field development plans (FDP) offshore Western Greece. Map of Katakolo, from Energean. Katakolo…

Global Maritime inks Taiwan wind MoU

Sep 08, 2017

Global Maritime signed a memorandum of understanding (MoU) with a number of leading Taiwanese organizations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services.  From…

Hyperdynamics fails at Fatala-1

Sep 08, 2017

Hyperdynamics failed to encounter hydrocarbons at its Fatala-1 well offshore the Republic of Guinea in Northwest Africa, in what the company thought was to be a “potential world-class hydrocarbon discovery.” Map from Hyperdynamics…

Repsol to plug Varg wells with Rowan Stavanger

Sep 08, 2017

Norway’s Petroleum Safety Authority (PSA) has granted Repsol Norge consent to use the Rowan Stavanger jackup for permanent plugging of wells on the Varg field. Rowan Stavanger.  Image from Rowan…

Empyrean finds Pearl off China

Sep 07, 2017

Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area.  Map from Empyrean. The company finalized the preliminary…

Video: Aibel completes Sverdrup assembly

Sep 07, 2017

Aibel lifted the final three modules into place for the Johan Sverdrup drilling platform earlier this week. The platform arrived in Haugesund on 5 September, where the facility will remain for hook-up and preparation work, until it is handed over to Statoil in mid-2018…

Statoil picks up two South Africa licenses

Sep 07, 2017

Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…

LLOG moves on Buckskin development

Sep 07, 2017

LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year.  West Neptune…

Retirement of an icon: Heerema Marine Contractor's Hermod

Sep 07, 2017

Heerema Marine Contractor’s iconic semisubmersible crane vessel Hermod is set to retire after a 40-year operational service history. Hermod's first job in 1979, installing the Piper A platform topsides in the UK North Sea…

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