Wison Offshore & Marine has developed a new buoyant tower solution with condensate or oil storage, adopting Wison’s proprietary buoyant tower technology. The concept provides a new option for the oil and gas development in the shallow- to medium-depth waters…
Ocean Rig's Leiv Eiriksson Yet another Barents Sea prospect has come up dry. Lundin Petroleum confirmed today that an exploration well on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea was a duster…
ION Geophysical announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advance of the anticipated license round. The client…
DONG Energy completed the divestment of its upstream oil and gas business, DONG E&P to Ineos, creating Ineos DeNoS. Image from Ineos. Ineos DeNoS will form part of Ineos Oil & Gas…
The Norwegian Petroleum Directorate has granted Bayerngas Norge a drilling permit for well 35/9-13 in the Northern North Sea. Well 35/9-13. Map from NPD. Well 35/9-13 will be…
Michael K. Wirth has been named to take the lead at US supermajor Chevron, following the decision of the current CEO John S. Watson to retire, effective 1 February 2018. Wirth. Images from Chevron…
QGEP Participações has completed two separate farm-out agreements, one with ExxonMobil and one with Murphy Oil in the Sergipe Alagoas Basin. The farm-out agreements are for Blocks SEAL-M-351 and SEAL-M-428. Additionally, QGEP and its…
CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis, its latest offshore broadband seismic acquisition and imaging solution. The inaugural TopSeis survey was commissioned by Lundin Norway…
TechnipFMC has been awarded an engineering, procurement, construction and installation contract by Statoil for work on the Peregrino Phase II project in the Campos Basin offshore Brazil. The contract covers the execution of the subsea…
Production has resumed at the Tamar gas field offshore Israel after a crack was found in an emission pipe used to release natural gas and pressure, according to partner Delek Drilling. Noble was performing upgrade and improvement as planned…
Lloyd’s Register has been tapped for its well management expertise by Ecopetrol Costa Afuera (Ecopetrol Offshore) for offshore exploration drilling operations in Colombia. Ecopetrol Costa Afuera, part of Colombia's state-owned oil company…
A healthy geophysical industry will be needed to enable exploration and production (E&P) companies to find not only unconventional hydrocarbons, but deepwater and conventional oil and gas as well, said Stephen Greenlee, president of ExxonMobil Exploration Co…
Brazil experienced a “historic day in the oil and gas sector” with its 14th Round, as the joint venture of Petrobras and ExxonMobil signed the largest bonus of US$701 million (R$2.24 billion) for a block in the Campos basin. Oddone…
French major Total has appointed Maersk Oil leaders to their new management positions, following current Maersk Oil CEO Gretchen Watkins’s decision to leave the company. The changes will coincide with the US$7.45 billion takeover expected to become effective in Q1 2018…
A well drilled 10km southwest of the producing Goliat oilfield in the Norwegian Barents Sea by Italian major Eni was dry, says the Norwegian Petroleum Directorate. Well 7122/10-1 S was targeting hydrocarbons in Middle Triassic reservoir rocks (Kobbe formation)…
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