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Oil shows, but another Falklands delay

May 19, 2015

Premier Oil’s high-impact Falklands Isobel Deep well has hit oil shows in a suspected high pressure formation, partner Rockhopper Exploration said this morning (19 May). But, the area will now have to be cased, delaying the drilling program…

Extending asset operational lifetimes

May 19, 2015

Aging offshore production systems and infrastructures can be given extended lifecycles with today’s creative methods of remediation, standardization, and preventative techniques, say a group of engineers presenting at the recently held Offshore Technology Conference in Houston…

Ocean Rig gets extension, new contract

May 18, 2015

Ocean Rig received a one-year extension from Eni Angola S.p.A for the Poseidon drillship that will last until 2Q 2017, with total contract backlog now standing at about US$367 million. Ocean Rig also entered into a new contract for the…

FEI, Weatherford in reservoir characterization agreement

May 18, 2015

FEI and Weatherford Laboratories entered into a joint agreement to offer advanced reservoir characterization services to the oil and gas industry. The two companies will work together to create new workflows that integrate Weatherford’s traditional core analysis an FEI’s digital rock imaging…

Erin’s Oyo ups production

May 18, 2015

Erin Energy Corp.’s Oyo-8 well located in OML 120 offshore Nigeria has exceeded expectations and is currently producing at a stabilized rate of 7080 b/d. Erin Energy is the operator and has a 100% interest in the well. Oyo-8 flare up…

ONS 2016 exhibits on the rise

May 18, 2015

An increasing number of companies are applying for exhibition space at ONS 2016. In fact, only once in ONS’ 40 year long history has the number of applications been higher this long before the event, ONS said. The rumors of ONS’ death have been greatly exaggerated…

Dana to utilize Asset Guardian software

May 18, 2015

Dana Petroleum awarded Asset Guardian Solutions (AGSL) a contract to implement and support Asset Guardian, a software system that helps secure the integrity of process software. Asset Guardian will be installed by AGSL on Dana’s Triton FPSO in the UK North Sea…

Mexico ramps up Gigante seismic work

May 18, 2015

Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…

BP gains West Nile Delta stake

May 18, 2015

BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…

South Block A PSC receives extension

May 18, 2015

Renco Elang Energy's (REE) South Block A production sharing contract (PSC) in north Sumatra, Indonesia was granted at 19-month exploration extension from the Indonesian Ministry of Energy and Mineral Resources.  According to Peak Oil & Gas…

UTEC, NCS join forces

May 18, 2015

UTEC Survey announced the merger of NCS Survey, with its Aberdeen-based operations UTEC Survey Construction to form one organization in EMEA – UTEC NCS Survey.   UTEC and NCS are both part of the Acteon group of companies which specializes in subsea services…

Kosmos in further Tortue find

May 18, 2015

Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…

Mozambique LNG a step closer

May 18, 2015

Anadarko’s offshore Mozambique Offshore Area 1 development has taken a step closer with the signing of contractors for the onshore LNG terminal.  A consortium consisting of CB&I, Chiyoda Corp. and Saipem were picked following a front end engineering and design (FEED) tender process…

Lundin eyes Caspian Sea black gold

May 18, 2015

Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The production license, in the Lagansky Block, will be valid until 2035 and covers about 50sq km.  The Morskaya field…

Deepsea Metro I heading offshore Vietnam

May 18, 2015

The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam. The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks…

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