West Africa focused explorer FAR says it has identified 1.1 billion barrels of resources in its two blocks offshore The Gambia. The blocks A2 and A5 contain combined estimated prospective resources of 1.1 billion barrels (unrisked, best estimate…
Norwegian oil firm Aker BP (Aker BP) has agreed two drilling and well alliance agreements for its assets in the Norwegian sector. One is with Maersk Drilling and Halliburton for use of jackups, and one is with Odfjell Drilling and Halliburton for semisubmersibles…
UK oil major BP is set to sell its operated interests in the Bruce, Keith and Rhum fields, including three bridge-linked platforms and subsea infrastructure in the North Sea to UK independent Serica Energy. Subject to completion of the deal…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
Statoil has confirmed a three-year extension to its contract with Archer for platform drilling management services on the Peregrino A and B platforms offshore Brazil. The extension awarded is the second of the two options included in the original four year contract which commenced in 2009…
Engineering house Wood has started its multi-million dollar, 'evergreen' contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions. Wood will manage the day-to-day operation of the SAGE system…
Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported. The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…
Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…
Spectrum reported on 14 November that its multi-client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina has commenced through the authorization of the Ministry of Energy and Minerals. The expected survey size is around 14…
Rosneft, part of the Sakhalin-1 Consortium, has successfully completed drilling of the world's longest well, from Orlan platform at Chaivo field in the Sea of Okhotsk. The well, with horizontal completion, is 15000m-long (15km). Rosneft…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
Well-Safe Solutions has signed its first contract after launching in July this year. The Aberdeen-based specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets…
Companies from India and Greece including ONGC and Energean are among those who have made bids for blocks in Israel's first offshore lidding round. The round closed yesterday. Israel's Ministry of Energy said it had received bids from…
Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The order entails delivery of a total of more than 40km of subsea umbilicals. 'By combining…
Aker BP has been given approval to drill exploration well 24/9-12 S on production license 340 in the Norwegian North Sea. The well, due to spud this month, will be drilled in about 120m water depth using the Transocean Arctic semisubmersible drilling rig of the Marosso 56 type…
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